For the last two decades, Raquel Urtasun, founder and CEO of autonomous trucking startup Waabi, has been developing AI systems that can reason as a human would. The […]
India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation
Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar […]
What StepStone’s $3.3B venture secondaries fund tells us about LPs’ current appetite for venture
StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week. This fundraise doesn’t just say a lot about StepStone’s venture secondaries […]
Court halts Byju’s second rights issue as $200M fundraise falters
Byju’s is having a hard time raising the full $200 million from its rights issues that its founder had previously claimed was oversubscribed, sources familiar with the matter […]
Why being the last company to launch in a category can pay off
When Jordan Nathan launched his DTC nontoxic cookware company, Caraway, in 2019, he knew he was not the only founder trying to sell a new brand of pots […]
Gorilla, a Belgian startup that helps energy providers crunch big data, raises $25M
Gorilla, a Belgian company that serves the energy sector with real-time data and analytics for pricing and forecasting, has raised €23 million ($25 million) in a Series B […]
Rippling’s tender offer decision draws mixed — and strong — reactions
Welcome to TechCrunch Fintech! This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech […]
After hits like Reddit and Scopley, Collaborative Fund easily raised a $125M fund to tackle climate, health and food
The folks at Collaborative Fund certainly like a challenge. They don’t specialize in venture capital’s favorite business model, SaaS, preferring instead to invest in sectors like climate, health […]
Bereave wants employers to suck a little less at navigating death
If death and taxes are inevitable, why are companies so prepared for taxes, but not for death? “I lost both of my parents in college, and it didn’t […]
BlackRock has slashed the value of stake in Byju’s, once worth $22 billion, to zero
BlackRock, an investor in Byju’s, estimates that its stake of Indian edtech giant, once valued at $22 billion, is now worth nothing. The write-down in its estimations, disclosed […]