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SpinLaunch raises $11M but hoped to raise much more, source says

Space startup SpinLaunch is fundraising again, though a source tells TechCrunch that it was exploring raising a significantly more ambitious sum earlier this year.  The company has closed an $11.5 million round out of a planned $25 million, according to a filing with the U.S. Securities and Exchange Commission. SpinLaunch confirmed funding to TechCrunch, but
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Space startup SpinLaunch is fundraising again, though a source tells TechCrunch that it was exploring raising a significantly more ambitious sum earlier this year.  The company has closed an $11.5 million round out of a planned $25 million, according to a filing with the U.S. Securities and Exchange Commission. SpinLaunch confirmed funding to TechCrunch, but […]

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India’s Zyod raises $18M to expand its tech-enabled fashion manufacturing to more countries

The Gurugram-based startup works with Indian factories to help them manufacture fashion wear for global brands.
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The Gurugram-based startup works with Indian factories to help them manufacture fashion wear for global brands.

© 2024 TechCrunch. All rights reserved. For personal use only.

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Emergence thinks it can crack the AI agent code

Emergence on Monday emerged from stealth with $97.2 million in funding.
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Emergence on Monday emerged from stealth with $97.2 million in funding.

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OpenAI buys a remote collaboration platform

OpenAI is on an M&A tear. Days after acquiring database tech firm Rockset, OpenAI has purchased Multi (previously Remotion), a startup developing a enterprise-focused, video-first collaboration platform. A source familiar with the matter says that the deal is technically an acquihire and that most of Multi’s team — around five people — will join OpenAI
© 2024 TechCrunch. All rights reserved. For personal use only.

OpenAI is on an M&A tear. Days after acquiring database tech firm Rockset, OpenAI has purchased Multi (previously Remotion), a startup developing a enterprise-focused, video-first collaboration platform. A source familiar with the matter says that the deal is technically an acquihire and that most of Multi’s team — around five people — will join OpenAI […]

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Matt Rogers, Nest and Mill co-founder, talks mastering consumer tech at Disrupt 2024

Consumer technology is hard, but few people have mastered it as well as Matt Rogers, co-founder of Nest and now Mill, his new startup that promises to turn your table scraps into planet-saving treasure. Mill burst out of the gate last year after spending some time in stealth refining its waste bin, an easy to
© 2024 TechCrunch. All rights reserved. For personal use only.

Consumer technology is hard, but few people have mastered it as well as Matt Rogers, co-founder of Nest and now Mill, his new startup that promises to turn your table scraps into planet-saving treasure. Mill burst out of the gate last year after spending some time in stealth refining its waste bin, an easy to […]

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Prosus zeroes out 9.6% Byju’s stake

Prosus, a big investor in Byju’s, says its share in the Indian edtech startup is now worth nothing, but it is still hopeful that the once-most valuable Indian startup can be salvaged. Prosus, the largest external investor in Byju’s with a 9.6% stake, wrote off the startup “due to the significant decrease in value for
© 2024 TechCrunch. All rights reserved. For personal use only.

Prosus, a big investor in Byju’s, says its share in the Indian edtech startup is now worth nothing, but it is still hopeful that the once-most valuable Indian startup can be salvaged. Prosus, the largest external investor in Byju’s with a 9.6% stake, wrote off the startup “due to the significant decrease in value for […]

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Silicon Valley leaders are once again declaring ‘DEI’ bad and ‘meritocracy’ good — but they’re wrong

Scale AI founder Alexandr Wang set off another debate with an anti-DEI post. It revealed a lot about the current state of DEI in tech.
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Scale AI founder Alexandr Wang set off another debate with an anti-DEI post. It revealed a lot about the current state of DEI in tech.

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How 2 high school teens raised a $500K seed round for their API startup (yes, it’s AI)

18-year-olds Christopher Fitzgerald and Nicholas Van Landschoot have founded APIGen, a platform to build custom APIs from natural language prompts.
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18-year-olds Christopher Fitzgerald and Nicholas Van Landschoot have founded APIGen, a platform to build custom APIs from natural language prompts.

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OmniAI transforms business data for AI

OmniAI is a set of tools that transform unstructured enterprise data into a something that data analytics apps and AI can understand.
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OmniAI is a set of tools that transform unstructured enterprise data into a something that data analytics apps and AI can understand.

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Deal Dive: Sir Jack A Lot returns with a startup for retail traders

When former YouTube product manager Kevin Xu, known as “Sir Jack A Lot” on Reddit, turned $35,000 into $8 million trading stocks between 2020 and 2022, many people thought his fortunes, and his way of investing, had peaked, just like 2021’s memestock craze had. Xu doesn’t agree, though, and he’s now building a startup for
© 2024 TechCrunch. All rights reserved. For personal use only.

When former YouTube product manager Kevin Xu, known as “Sir Jack A Lot” on Reddit, turned $35,000 into $8 million trading stocks between 2020 and 2022, many people thought his fortunes, and his way of investing, had peaked, just like 2021’s memestock craze had. Xu doesn’t agree, though, and he’s now building a startup for […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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