A year ago, few knew the brand Bolt, a checkout technology company that was founded in 2014, nor its founder, Ryan Breslow, a seemingly archetypal Silicon Valley type: smart, strong-willed, and a college dropout who left Stanford after only two years to start a company. Fast forward to today, and Bolt has suddenly become a…
If you thought Elon Musk was upset about frequent attention from the SEC… you guessed correctly. Musk and Tesla have written to a Southern District of New York court accusing the SEC of conducting a “harassment campaign.” The regulator allegedly broke a promise to pay Tesla shareholders $40 million as part of its 2018 settlement…
Sony Ventures Corporation (SVC) announced today that it has completed the first closing of its $215 million (25 billion JPY) fourth fund, Sony Innovation Fund 3 (SIF3), to back all stages of emerging technology companies. Sony Ventures Corporation was established in July last year to manage all of Sony’s venture investment activities through Sony Innovation…
Latency is critical for a lot of workloads, yet the large cloud providers typically build their major data centers where the electricity is cheap and the local tax incentives high. In recent years, though, we’ve seen a new twist on this with projects like AWS’ Local Zones. These are small data centers adjacent to major…
When you think of green, climate-aware industries, you’d be forgiven if fashion isn’t at the top of your list. Rubi Laboratories wants to put a dent in that by creating new, environmentally friendlier fabrics. The company does that by capturing waste CO2 and creating natural textiles, bypassing agriculture and manufacturing. The company claims it is…
Payments infrastructure company Stronghold has launched a venture capital arm to deploy $100 million of its balance sheet capital in startups and funds in three core strategies — underrepresented founders, fintech, and web3, CEO Tammy Camp told TechCrunch in an interview. Stronghold offers a suite of fintech and blockchain APIs and services, including embedded payments,…
One of Silicon Valley’s most infamous characters has narrowly avoided — yet again — the worst consequences of his actions. Anthony Levandowski reached a settlement agreement last week that resolves a number of disputes with his two former employers Uber and Google and puts to rest one of the most dramatic and complicated storylines in…
Who’s ready to mobilize and meet up in real life? And by “mobilize” we mean join more than 2,000 mobile-minded movers and shakers at TC Sessions: Mobility 2022 in San Mateo, California, on May 18-19. We’re back for our fourth straight year, and can’t wait to see you in person for two days dedicated to…
Google today announced Chrome OS Flex, an early preview of a new initiative that aims to bring Chrome OS to virtually any PC (and older Intel-based Macs). Built on top of CloudReady, which Google acquired in 2020), Chrome OS Flex is aimed at enterprises and educational users who want to prolong the lifetime of their…
Alternative protein startups have attracted a lot of investor attention over the past couple of years and the trend looks set to continue. The latest startup with funding news is Next Gen Foods, the creator of plant-based chicken alternative TiNDLE. The company announced today it has raised a $100 million Series A that will be…
