New Summit is raising a new $100 million fund to back climate tech and underrepresented fund managers
The size of the new fund suggests that it is bullish that it can convince LPs to open their wallets based its impact-focused approach.
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Act fast — just 3 days remain to grab your TechCrunch Early Stage 2024 tickets
March 29 is the final day to grab your early-bird savings for TechCrunch Early Stage 2024. With only 3 days left to secure your tickets, don’t miss out on this opportunity to join us for a transformat...
Databricks spent $10M on new DBRX generative AI model, but it can’t beat GPT-4
If you wanted to raise the profile of your major tech company and had $10 million to spend, how would you spend it? On a Super Bowl ad? An F1 sponsorship? You could spend it training a generative AI m...
Amazon fined in Poland for dark pattern design tricks
Amazon has been fined in Poland for misleading consumers about the conclusion of sales contracts on its online marketplace. The sanction, of close to $8M (or in local currency: PLN 31,850,141), also c...
https://techcrunch.com/2024/03/27/amazon-dark-pattern-design-fine/
New study of unicorn founders finds most are ‘underdogs,’ and female founders are rising
A new study that zeros-in on the founders of so-called “Unicorns” (companies worth over a billion dollars) has found most have “underdog” founders, are often drawn from the top 10 universities, a risi...
Wase zaps microbes to squeeze more biogas from wastewater sludge
Harvesting methane from organic waste and using it to produce electricity or heat is nothing new, but the startup isn't building another anaerobic digester.
© 2024 TechCrunch. All rights reserved. Fo...
African B2B e-commerce giant Wasoko marked down to $260M after VC halves stake
VNV Global, a Swedish investment firm that backs startups in mobility, health and marketplaces, slashed the value of its holding in Wasoko, an African B2B e-commerce startup, by 48%, according to its ...
Marissa Mayer’s startup just rolled out apps for group photo sharing and event planning, and the internet isn’t sure what to think
When Marissa Mayer co-founded a startup six years ago in Palo Alto, Ca., expectations were sky high for the former Yahoo CEO and early Google employee. When that startup, Sunshine, revealed that its f...
Rabbit partners with ElevenLabs to power voice commands on its device
Hardware maker Rabbit has tapped a partnership with ElevenLabs to power voice commands on its devices. Rabbit is set to ship the first set of r1 devices next month after getting a ton of attention at ...
PayPal backs Indonesian insurance startup Qoala in $47M funding
PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations...
https://techcrunch.com/2024/03/26/paypal-backs-indonesia-insurance-startup-qoala-in-47m-funding/
Discipulus Ventures mentors young founders to revive a Norman Rockwell vision of America
Scores of accelerator programs run every year with the aim of identifying and cultivating founders in the earliest stages of building a company. Only a fraction seek out founders who are explicitly al...
https://techcrunch.com/2024/03/26/discipluus-ventures-mentors-founders-norman-rockwell-america/
Robinhood’s new credit card goes after Apple Card with ability to invest cash-back perks
Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy. Robi...
Elon Musk says all premium subscribers on X will gain access to AI chatbot Grok this week
Following Elon Musk’s xAI’s move to open source its Grok large language model earlier in March, the X owner on Tuesday said that the company formerly known as Twitter will soon offer the Grok chatbot ...
In the Gundo, Discipulus Ventures is bringing together a cohort of founders to accelerate America
Scores of accelerator programs run every year with the aim of identifying and cultivating founders in the earliest stages of building a company. Only a fraction seek out founders that are explicitly a...
Facebook snooped on users’ Snapchat traffic in secret project, documents reveal
In 2016, Facebook launched a secret project designed to intercept and decrypt the network traffic between people using Snapchat’s app and its servers. The goal was to understand users’ behavior and he...
https://techcrunch.com/2024/03/26/facebook-secret-project-snooped-snapchat-user-traffic/
How to turn off Instagram’s political content filter
It’s election season in the U.S., and Instagram has changed the way that it recommends political content. On both Instagram and the newer X competitor Threads, this change won’t impact what you see fr...
https://techcrunch.com/2024/03/26/how-to-turn-off-instagrams-political-content-filter/
NASA’s snake robot is designed to search out life in the icy oceans of a Saturn moon
The snake robot form factor has existed for decades. In addition to the diversity it adds to the world of automation, the design has several pragmatic attributes. The first is redundancy, which allows...
Vibrant Planet uses AI for land mapping and improving climate resiliency
As the planet warms due to human-caused climate change, damage from wildfires has increased with it. The amount of forest area burned by wildfires increased 320% from 1996 to 2021, according to the Na...
Synctera is the latest banking-as-a-service startup to lay off staff
Banking-as-a-service startup (BaaS) Synctera has conducted a restructuring that has resulted in a staff reduction, the company confirmed to TechCrunch. While Synctera did not share how many employees ...
https://techcrunch.com/2024/03/26/baas-startup-synctera-layoffs-fintech/
Adobe’s Firefly Services makes over 20 new generative and creative APIs available to developers
Adobe today announced Firefly Services, a set of over 20 new generative and creative APIs, tools and services. Firefly Services makes some of the company’s AI-powered features from its Creative Cloud ...