Vorlon is trying to stop the next big API breach
Application programming interfaces, or APIs as they’re commonly known, are the bedrock of everything we do online. APIs allow two things on the internet to talk with each other, including connected de...
https://techcrunch.com/2024/04/17/cybersecurity-startup-vorlon-funding-api-breach/
India scrambles to curb PhonePe and Google’s dominance in mobile payments
The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various fintech...
Flatpay rings up $47M to target smaller merchants with simple payment solutions
As the world waits for $65 billion payments tech giant Stripe to go public, a wave of smaller startups continues to roll into the market to pick up more payments business. In one of the latest develop...
Waymo begins robotaxi testing in Atlanta
Waymo, the self-driving company under Alphabet, began testing its robotaxis in Atlanta on Tuesday, adding another city to its ever-expanding testing and deployment domain. Over the next few months, Wa...
https://techcrunch.com/2024/04/16/waymo-begins-robotaxi-testing-in-atlanta/
FLO is improving EV charging infrastructure
Founded by Louis Tremblay, FLO is looking to build robust EV charging infrastructure that will create a reliable web for drivers to get to where they need to go.
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https://techcrunch.com/2024/04/16/flo-is-improving-ev-charging-infrastructure/
Former top SpaceX exec Tom Ochinero sets up new VC firm, filings reveal
Former senior SpaceX executive Tom Ochinero is teaming up with SpaceX alum-turned-VC, Achal Upadhyaya, and one of Sequoia’s top finance leaders, Spencer Hemphill, on a new venture called Interlagos Ca...
Tesla ditches EV inventory discounts to ‘streamline’ sales and delivery
Tesla has ended discounts on inventory across its entire electric vehicle lineup — even as sales for EVs have flagged — as part of a larger and vague plan by CEO Elon Musk to “streamline the whole Tes...
Space startups are licking their lips after NASA converts $11B Mars mission into a free-for-all
Considering how heavily both primes and space startups have been investing in interplanetary capability, this announcement arguably amounts to a historic windfall.
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HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B
Late stage HRtech startup Rippling is raising new capital. The company’s new round, that has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sol...
Kickstarter launches pre-orders for completed campaigns
Once a Kickstarter campaign is complete, you need to turn to a creator’s own page to pre-order the products — that is, until now. Today, Kickstarter announces that it is (finally!) including pre-order...
Intel and others commit to building open generative AI tools for the enterprise
Can generative AI designed for the enterprise (e.g. AI that autocompletes reports, spreadsheet formulas and so on) ever be interoperable? Along with a coterie of organizations including Cloudera and I...
A crypto wallet maker’s warning about an iMessage bug sounds like a false alarm
A crypto wallet maker claimed this week that hackers may be targeting people with an iMessage “zero-day” exploit — but all signs point to an exaggerated threat, if not a downright scam. Trust Wallet’s...
Trump’s Truth Social plans to launch a live TV streaming platform
The streaming service will launch in three phases and will focus on "news networks" and "religious channels," as well as "family-friendly" offerings.
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https://techcrunch.com/2024/04/16/trumps-truth-social-plans-to-launch-a-live-tv-streaming-platform/
Betaworks bets on AI agents in latest ‘Camp’ cohort
Betaworks is embracing the AI trend not with yet another LLM, but instead a clutch of agent-type models automating everyday tasks that nevertheless aren’t so simple to define. The investor’s latest “C...
https://techcrunch.com/2024/04/16/betaworks-bets-on-ai-agents-in-latest-camp-cohort/
Bay Bridge Ventures is raising $200M for a new climate fund, filings show
Bay Bridge Ventures' fundraising efforts come at a time when venture investors appear to be increasingly bullish on climate tech.
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https://techcrunch.com/2024/04/16/bay-bridge-ventures-climate-fund/
Apple opens web distribution option for iOS devs targeting EU
Apple is opening up web distribution for iOS apps targeting users in the European Union from today. Developers who opt in — and who meet Apple’s criteria, including app notarization requirements — wil...
https://techcrunch.com/2024/04/16/apple-web-distribution-ios/
Evolution Equity Partners raises $1.1B for new cybersecurity and AI fund
Evolution Equity Partners, a growth capital firm based in NYC, has raised $1.1 billion for a new cyber- and AI-focused fund.
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TechCrunch Minute: Why Tesla’s big layoffs happened, and what comes next
Tesla’s layoffs and executive departures took a bite out its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 staff or more. T...
Consumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV
Overall, 16% of Maven’s portfolio companies have reached a minimum $500 million exit or valuation, which is 10x industry average, the firm said.
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https://techcrunch.com/2024/04/16/consumer-tech-investing-maven-ventures-60m-fund-iv/
Investors and founders can meet their match with Cherub, the ‘Raya of angel investing’
Jaclyn Johnson and Angeline Vuong were on a hike deliberating how hard it can be for people to get started in angel investing when they realized they had stumbled upon a startup idea. Today they are ...