The more of our world we share with robots, the more important it is to help them find their way. Founded in 2016, navigation is at the heart of what London-based SLAMcore does. In fact, it’s right there in the name — SLAM being a common robotics acronym for “Simultaneous localization and mapping.” The company…
Dating app giant Match is getting a new CEO. Just over two years after assuming the top exec position, Match CEO and 16-year employee Shar Dubey is stepping down. The company announced today, alongside its first-quarter earnings, Shar Dubey will resign as an officer of Match Group but will remain on the company’s board and…
Web3 startup Syndicate‘s goal is to demystify the DAO (decentralized autonomous organization). Its “Web3 Investment Clubs” product, which TechCrunch covered in January, lets users spin up an investment group with their peers by pooling their capital together and voting on how to allocate the funds. Since the product launched three months ago, more than 1,100…
Hetz Ventures, a seed-stage VC out of Israel launched in 2018, has closed its third fund of $123 million. The new (described as ‘over-subscribed’) fund, Hetz III, brings the firm’s total assets under management to nearly $300M. Focusing on seed and pre-seed investments, Hetz has previously backed Granulate (acquired by Intel last month), Trigo, Retrain.ai,…
Andreessen Horowitz, which made its maiden India investment last year, is looking to get aggressive in the world’s second largest internet market. The Silicon Valley-based venture capital firm has earmarked about $500 million to back Indian startups, a source familiar with the matter told TechCrunch. The firm, which led a funding round in the Bengaluru-based…
myNurse, a healthcare startup that provides chronic care management and remote patient monitoring services, said it will shut down at the end of the month after reporting a data breach that exposed personal health information of its users. The startup, which launched as Salusive Health, said in a data breach notice filed with the California…
The pace at which startups raise rounds worth $100 million or greater is slowing, according to early data. Looking at historical periods stretching back a year, TechCrunch’s analysis of Pitchbook data shows Q2 2022 is on pace to undershoot the first quarter’s tally of so-called mega-rounds. And data from Crunchbase shows a similar decline. When you…
In recent years, episodes of extreme climate crises and power outrages have driven doomsday preppers to plan for off-the-grid survival scenarios. The mentality has been a boon to EcoFlow, a Shenzhen-based power generating and storing unicorn, which racked up $220 million in revenues last year as consumers in the US demanded its solar-powered portable power…
QED incubated this auto financing company in 2016 and Kevin Bennett became CEO in 2018 and soon after raised its first seed round. It started as MotoRefi, and rebranded in November 2021 to Caribou. But the mission remains: Transforming consumers’ financial relationship with their cars. Since the founding, Bennett has raised $74 million for the…
Just over a year ago, UiPath was among the most favored startups in the world. Last February the company raised a massive $750 million round at a staggering $35 billion valuation. The robotic process automation, or RPA company, was firing on all cylinders. By the time that UiPath went public in April of last year,…
