Startups

Tech startup news that breaks down the funding, growth, and long-term trajectory of companies across every stage and industry. Startup coverage includes climate, crypto, fintech, SaaS, transportation, and consumer tech.

In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several…

CloudPay, a payroll services provider, lands $120M in new funding

Featured Article

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the…

A comprehensive list of 2024 tech layoffs

Los Angeles is notorious for its back-to-back traffic. Three events that promise to bring in millions of spectators from around the world — the 2026 World Cup, the Super Bowl…

Archer to set up air taxi network in LA by 2026 ahead of World Cup

AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI industry a bubble. Nick Frosst, a co-founder…

Cohere co-founder Nick Frosst thinks everyone needs to be more realistic about what AI can and cannot do

Flint Capital just closed its third fund at $160 million. Its has a unique strategy for finding its limited partner investors. 

Flint Capital raises a $160M through an unusual fund-raising strategy

The rise of neobanks has been fascinating to witness, as a number of companies in recent years have grown from merely challenging traditional banks to being massive players in and…

Chime and Dave execs are coming to TechCrunch Disrupt 2024

Cocoon is a new startup built on the belief that greener steel production and the creation of concrete slag doesn’t have to be an either/or proposition.

Cocoon is transforming steel production runoff into a greener cement alternative

The Palmer Luckey-founded defense startup wants to become a serious rival to longstanding kingpins, and has been clocking some big wins.

Anduril raises $1.5B at a $14B valuation

The satellite is designed to complement data provided by existing astronomical efforts such as that of the famed Hubble Telescope.

UK satellite startup Blue Skies Space wants to sell astronomy data ‘as a service’

Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we settle in to the second half of the year. This year delivered…

From Skims to Stripe, here are the startups that are likely — or definitely — not having IPOs this year

Techstars is cutting 17% of its staff and will end its $80 million J.P. Morgan-backed AdvancingCities program once the fund is completely deployed.

Techstars is laying off 17%, ending its J.P. Morgan-backed programs

Digital transformation — the process of transforming outdated apps and processes with cloud technologies and digital workflows — can be a risky undertaking. In 2023, Harvard Business Review reported that…

Mechanical Orchard, led by ex-Pivotal CEO, scores $50M round led by Alphabet’s GV

Most startups are looking to solve a problem inside a business, but Bandana, a New York City-based startup, has a different goal. It wants to help people at the lower…

Bandana lands new investment to help hourly wage workers find good jobs

In today’s episode of Equity Podcast, Mary Ann Azevedo talked to Flourish Ventures co-founders Tilman Ehrbeck, Emmalyn Shaw and Arjuna Costa about a variety of…

Flourish Ventures on repeat founders, emerging markets and when not to hop on the AI bandwagon

In a sign that big tech companies are ready and willing to shell out cash for database tech, Neon, a startup building an open source alternative to AWS Aurora Postgres,…

Database startup Neon nabs a Microsoft investment

The ex-Clubhouse, Netflix employees raised $1.65M for an app that combines social media, networking, and dating.

Ex-Clubhouse employees take another swing at a social networking startup

New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch.  Payoneer said it could also pay…

Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash

Airbnb CEO Brian Chesky suggested on Tuesday’s Q2 earnings call with investors that the company will soon expand into new products and services, including co-hosting, a relaunch of Airbnb’s “experiences,”…

Airbnb details plans to expand beyond short-term rentals, including co-hosting and relaunching ‘experiences’

When Nick Frosst was in college over a decade ago, he was worried he was a little late to the AI game. Frosst, a co-founder…

Nearly a decade before co-founding Cohere, Nick Frosst thought he was late to AI

According to a company blog post, the team was already leaning on Masnick for advice, so adding him to the board is a “natural next step” in formalizing their relationship.

Bluesky adds Techdirt founder Mike Masnick to its board

Are you a Series A to B startup looking to make a significant impact in the tech world? The ScaleUp Startups Exhibitor Program at TechCrunch Disrupt 2024 is your gateway…

Enhance your startup’s success with the ScaleUp Program at TechCrunch Disrupt 2024

Every piece of software needs to go through software quality assurance testing. It usually involves a human tester creating a series of test cases, and then checking the software interface…

MuukTest is putting GenAI at the center of software QA testing

Plonts’ cheese is made from soybeans, one of the most efficient ways to grow protein. Soybeans themselves are not very flavorful, and that is where fermentation and aging, help Plonts…

Who cut the plant-based cheese? Plonts did with microbes, and it’s stinky

Hyperspace, a Tel Aviv-based startup, says its custom cloud instances for database searches can dramatically speed up queries.

Hyperspace is using ‘domain-specific computing’ to accelerate database searches

Cala Systems’ water heater pairs an advanced heat pump with an AI-powered control system to forecast hot water demand.

AI-powered water heater could banish cold showers and carbon pollution

It’s not easy for organizations to become data-driven, despite the aspirations many have to get there. Even orgs with data analytics teams often struggle to make effective use of their…

German computer scientists raise $30 million to help companies make sense of their data

Featured Article

H3X scales up its electric aerospace ambitions with $20M in new funding

Many industries that rely on legacy energy sources are aiming to electrify or at least streamline their operations, but for countless use cases, the tech just isn’t there. H3X is changing the game with electric motors so compact and efficient that the aerospace and marine world — not to mention…

H3X scales up its electric aerospace ambitions with $20M in new funding

We’re so excited to announce that we’ve added a dedicated AI Stage presented by Google Cloud to TechCrunch Disrupt 2024. It joins Fintech, SaaS and Space as the other industry-focused…

Announcing the agenda for the AI Stage at TechCrunch Disrupt 2024

A startup developing AI market research based on location data, and backed by a who’s who, has quietly raised, TechCrunch has learned.

Placer.ai boosts valuation to $1.5B after quietly raising another $75M

Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it has raised $640 million in a new funding round led by…

AI chip startup Groq lands $640M to challenge Nvidia