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General Catalyst raises $8B in fresh funds to back startups globally
U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds” which spans seed and growth equity funding,
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U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds” which spans seed and growth equity funding, […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Vinted hits $5.4B valuation amid wave of secondary share sales in Europe
Lithuania’s Vinted has secured a new valuation of €5 billion (around $5.4 billion at current exchange rates), after the second-hand fashion marketplace closed a secondary share sale worth €340 million ($367 million). The transaction was led by private equity giant TPG, with other new participants including Baillie Gifford, FJ Labs, Hedosophia, Invus Opportunities, Manhattan Venture
© 2024 TechCrunch. All rights reserved. For personal use only.
Lithuania’s Vinted has secured a new valuation of €5 billion (around $5.4 billion at current exchange rates), after the second-hand fashion marketplace closed a secondary share sale worth €340 million ($367 million). The transaction was led by private equity giant TPG, with other new participants including Baillie Gifford, FJ Labs, Hedosophia, Invus Opportunities, Manhattan Venture […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Cash collection startup Upflow also wants to handle B2B payments
Upflow, a French startup we’ve been covering for quite a while, originally focused on managing outstanding invoices. The company is now announcing a shift in its strategy to become a B2B payment platform with its own payment gateway to complement its accounts receivable automation solution. Like many software-as-a-service products, Upflow started by building a central
© 2024 TechCrunch. All rights reserved. For personal use only.
Upflow, a French startup we’ve been covering for quite a while, originally focused on managing outstanding invoices. The company is now announcing a shift in its strategy to become a B2B payment platform with its own payment gateway to complement its accounts receivable automation solution. Like many software-as-a-service products, Upflow started by building a central […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Beleaguered startup Humane drops AI Pin price by $200
Humane on Wednesday announced a $200 price cut to its flagship product, the AI Pin. The Bay Area startup, founded by two former Apple executives, has reportedly struggled to sell the product, which launched in April for $700. In a message sent to its email list, Humane highlights its return policy in the new pitch.
© 2024 TechCrunch. All rights reserved. For personal use only.
Humane on Wednesday announced a $200 price cut to its flagship product, the AI Pin. The Bay Area startup, founded by two former Apple executives, has reportedly struggled to sell the product, which launched in April for $700. In a message sent to its email list, Humane highlights its return policy in the new pitch. […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Flock Safety paid over $300M for 17-month-old drone startup Aerodome
Police surveillance startup Flock Safety announced that it had bought drone software startup Aerodome for over $300 million.
© 2024 TechCrunch. All rights reserved. For personal use only.
Police surveillance startup Flock Safety announced that it had bought drone software startup Aerodome for over $300 million.
© 2024 TechCrunch. All rights reserved. For personal use only.
DuckDuckGo will be making more early-stage investments in privacy-focused startups
DuckDuckGo, the privacy-focused search alternative to Google, wants to put money into startups that have a similar focus on privacy. The company says that it’s actively seeking startups looking for investment, or startups that might be interested in partnering up or being acquired. In a blog post today, the company name-checked its SVP of finance,
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DuckDuckGo, the privacy-focused search alternative to Google, wants to put money into startups that have a similar focus on privacy. The company says that it’s actively seeking startups looking for investment, or startups that might be interested in partnering up or being acquired. In a blog post today, the company name-checked its SVP of finance, […]
© 2024 TechCrunch. All rights reserved. For personal use only.
TechCrunch Disrupt 2024 full Breakout Session agenda
With TechCrunch Disrupt 2024 just days away, we’re gearing up for an incredible three-day event packed with interactive sessions! From October 28-30 at Moscone West in San Francisco, dive into Q&A conversations with a panel of industry experts around the most pressing issues and cutting-edge tech trends to help empower your growth. Don’t miss your
© 2024 TechCrunch. All rights reserved. For personal use only.
With TechCrunch Disrupt 2024 just days away, we’re gearing up for an incredible three-day event packed with interactive sessions! From October 28-30 at Moscone West in San Francisco, dive into Q&A conversations with a panel of industry experts around the most pressing issues and cutting-edge tech trends to help empower your growth. Don’t miss your […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Promise Bio exits stealth backed by Pfizer and AstraZeneca
The first thing Promise Bio CEO Ronel Veksler wants you to know about the biotech company he co-founded, is that it’s not another AI drug discovery company. Instead, he’s looking to bring precision medicine to autoimmune diseases. Tel Aviv-based Promise Bio has developed a cloud-based AI platform that can spot different Post-Translational Modifications (PTMs) in
© 2024 TechCrunch. All rights reserved. For personal use only.
The first thing Promise Bio CEO Ronel Veksler wants you to know about the biotech company he co-founded, is that it’s not another AI drug discovery company. Instead, he’s looking to bring precision medicine to autoimmune diseases. Tel Aviv-based Promise Bio has developed a cloud-based AI platform that can spot different Post-Translational Modifications (PTMs) in […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Wiz hopes to hit $1B in ARR in 2025 before an IPO, after turning down Google’s $23B
Wiz co-founder Roy Reznik said the company hit $500 million in annual recurring revenue this year, and still thought it could double that in 2025.
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Wiz co-founder Roy Reznik said the company hit $500 million in annual recurring revenue this year, and still thought it could double that in 2025.
© 2024 TechCrunch. All rights reserved. For personal use only.
TechCrunch Disrupt 2024 full Roundtable Session agenda
With TechCrunch Disrupt 2024 just days away, we’re gearing up for an incredible three-day event packed with interactive sessions! From October 28-30 at Moscone West in San Francisco, dive into dynamic conversations around the most pressing issues and cutting-edge tech innovations to help empower your growth, facilitated by an industry leader. Don’t miss your chance
© 2024 TechCrunch. All rights reserved. For personal use only.
With TechCrunch Disrupt 2024 just days away, we’re gearing up for an incredible three-day event packed with interactive sessions! From October 28-30 at Moscone West in San Francisco, dive into dynamic conversations around the most pressing issues and cutting-edge tech innovations to help empower your growth, facilitated by an industry leader. Don’t miss your chance […]
© 2024 TechCrunch. All rights reserved. For personal use only.