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HSBC believes that $22 billion Byju’s is now worth zero

In a research note, HSBC estimates that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing.
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In a research note, HSBC estimates that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing.

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

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Revel’s latest pivot: Ditching all-employee ride-hail in favor of gig worker model

New York-based Revel has made a lot of pivots since initially launching in 2018 as a dockless e-moped sharing service. The BlackRock-backed startup briefly stepped into the e-bike subscription business. It launched and now operates a handful of electric vehicle charging stations across the five boroughs. And it started an all-Tesla, all-employee ride-hail service, in
© 2024 TechCrunch. All rights reserved. For personal use only.

New York-based Revel has made a lot of pivots since initially launching in 2018 as a dockless e-moped sharing service. The BlackRock-backed startup briefly stepped into the e-bike subscription business. It launched and now operates a handful of electric vehicle charging stations across the five boroughs. And it started an all-Tesla, all-employee ride-hail service, in […]

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

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Atlassian now gives startups a year of free access

Long before product-led growth became a buzzword, Atlassian offered free tiers for virtually all of its productivity and developer tools. Today, that mostly means free access for up to ten users and some other limitations. For startups, that’s a good way to get started with the company’s tools like Jira and Bitbucket, but they also
© 2024 TechCrunch. All rights reserved. For personal use only.

Long before product-led growth became a buzzword, Atlassian offered free tiers for virtually all of its productivity and developer tools. Today, that mostly means free access for up to ten users and some other limitations. For startups, that’s a good way to get started with the company’s tools like Jira and Bitbucket, but they also […]

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

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Kleiner Perkins leads $14.4M seed round into Fizz, a credit-building debit card aimed at Gen Z college students

Carlo Kobe and Scott Smith believed so strongly in the need for a debit card product designed specifically for Gen Zers that they dropped out of Harvard and Cornell at ages 19 and 21, respectively, in 2021 to build a startup called Fizz. The pair wanted to go beyond creating a debit card for the
© 2024 TechCrunch. All rights reserved. For personal use only.

Carlo Kobe and Scott Smith believed so strongly in the need for a debit card product designed specifically for Gen Zers that they dropped out of Harvard and Cornell at ages 19 and 21, respectively, in 2021 to build a startup called Fizz. The pair wanted to go beyond creating a debit card for the […]

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Prolific Machines, with a $55M Series B, shines ‘light’ on a better way to grow lab proteins for food and medicine

Prolific Machines believes it has a way of transitioning away from molecules to something better: light.
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Prolific Machines believes it has a way of transitioning away from molecules to something better: light.

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

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Qargo raises $14M to digitize and decarbonize the trucking industry

While the transport industry does use legacy software, many of these platforms are from an earlier era. Qargo hopes its newer technologies can help it leapfrog the competition.
© 2024 TechCrunch. All rights reserved. For personal use only.

While the transport industry does use legacy software, many of these platforms are from an earlier era. Qargo hopes its newer technologies can help it leapfrog the competition.

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

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Greptile raises $4M to build an AI-fueled code base expert

When you look at how generative AI is being implemented across developer tools, the focus for the most part has been on generating code, as with Github Copilot. Greptile, an early stage startup from a group of recent Georgia Tech grads, decided to take a different approach: using AI to help developers understand the code
© 2024 TechCrunch. All rights reserved. For personal use only.

When you look at how generative AI is being implemented across developer tools, the focus for the most part has been on generating code, as with Github Copilot. Greptile, an early stage startup from a group of recent Georgia Tech grads, decided to take a different approach: using AI to help developers understand the code […]

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

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Cube is building a ‘semantic layer’ for company data

A growing number of businesses are embracing data models — abstract models that organize elements of data and standardize how they relate to one another. But as the data analytics and AI boom drives organizations to expect more of data models, many of the old paradigms are proving difficult to manage — and exceptionally brittle.
© 2024 TechCrunch. All rights reserved. For personal use only.

A growing number of businesses are embracing data models — abstract models that organize elements of data and standardize how they relate to one another. But as the data analytics and AI boom drives organizations to expect more of data models, many of the old paradigms are proving difficult to manage — and exceptionally brittle. […]

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Fintech Torpago has a unique way to compete with Brex and Ramp: turning banks into customers

Torpago’s Powered By product is geared for regional and community banks, with under $20 billion in assets, to launch their own branded cards and spend management programs.
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Torpago’s Powered By product is geared for regional and community banks, with under $20 billion in assets, to launch their own branded cards and spend management programs.

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

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Eyebot raised $6M for AI-powered kiosks that provide 90-second eye exams without optometrist

Over half of Americans wear corrective glasses or contact lenses. While there isn’t a shortage of low-cost and luxury frames available online or in stores, consumers can only buy them with a current eyeglass prescription. That means that they first need an eye exam from an optometrist to receive that prescription. But, due to a
© 2024 TechCrunch. All rights reserved. For personal use only.

Over half of Americans wear corrective glasses or contact lenses. While there isn’t a shortage of low-cost and luxury frames available online or in stores, consumers can only buy them with a current eyeglass prescription. That means that they first need an eye exam from an optometrist to receive that prescription. But, due to a […]

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

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