alpaca Alpaca Raises $6 Million to Let Developers Build Their Own Stock Trading Apps Fintech startup Alpaca provides a free API that handles banking and regulatory hurdles so developers can easily build their own stock trading platforms. The company earns revenue through payment for order flow and interest, surpassing $1 billion in transactions within its first year.
ghost locomotion Ghost Locomotion Secures $63.7M for Aftermarket Highway Autonomy Kit Ghost Locomotion reveals a new aftermarket kit designed to enable private passenger vehicles to drive autonomously on highways. The startup aims to deliver this technology by 2020 at a price lower than Tesla's Full Self-Driving package.
uber Uber Launches Uber Money Team Amid Fintech Investment Boom Uber introduces its new Uber Money team to develop financial products for drivers, signaling larger fintech ambitions as venture capital pours billions into the sector.
tines Dublin Cybersecurity Startup Tines Raises $4.1 Million to Automate Security Tasks Tines, a startup that automates repetitive manual tasks for cybersecurity analysts, secures $4.1 million in Series A funding led by Blossom Capital. The platform uses six simple software agents to build complex automated security workflows.
ar AR and VR Startup Valuations Hit $45 Billion Amid Market Transition Global AR and VR startup valuations reach $45 billion, with a small group of companies holding half of that value. Core technology businesses lead the market by avoiding sector-specific risks.
edge computing Edge Computing Startup Pensando Raises $145M, Takes on AWS Nitro Founded by former Cisco engineers, Pensando emerges from stealth mode with $278 million in total funding to challenge Amazon Web Services Nitro. The startup claims its edge computing platform performs up to nine times better than its biggest rival.
techcrunch Render Wins TechCrunch Disrupt SF 2019 Startup Battlefield Render takes home the $100,000 prize and the Disrupt Cup after competing against twenty hand-picked startups. The cloud platform startup beats out four other finalists, including runner-up OmniVis.
wework WeWork Co-Founder Neumann Considers Selling Properties to Settle Massive Loan Former WeWork CEO Adam Neumann faces a financial crunch as he works with major banks to restructure a $500 million personal loan. With the company's IPO canceled, he may have to use his extensive real estate portfolio as collateral.
greyparrot London Startup Greyparrot Tackles Global Waste With AI Vision Greyparrot uses computer vision and machine learning to automate and improve the accuracy of waste sorting in recycling facilities.
gv GV CEO Reveals $5 Billion Invested and Hints at Full Uber Exit GV CEO David Krane reveals the Alphabet venture arm has invested $5 billion over the last decade and hints that the firm might sell its remaining Uber shares when the lock-up period ends in November.
salesforce Salesforce Founder Benioff Warns Startups Stay Private Too Long Marc Benioff argues that delayed IPOs allow bad governance to fester at private companies like WeWork and Uber. He also calls for a national privacy law and declares that traditional capitalism is dead.
brex Brex Launches Cash Management Account to Challenge Traditional Banks Fintech startup Brex introduces Brex Cash, a digital cash management account that aims to replace traditional business bank accounts for startups. The new product offers no-fee transactions, points rewards, and a 1.6% yield on deposits.
molecule.one Molecule.one Uses Machine Learning to Solve Drug Synthesis Challenges Molecule.one introduces a machine learning platform that helps pharmaceutical companies turn simulated molecules into real, testable substances by automating complex chemical synthesis paths.
ozoneai OzoneAI Lets Users Sell Data Directly to Advertisers A new startup named OzoneAI allows users to bypass major tech companies and sell their personal data directly to advertisers for cash. The company takes a 30% cut from businesses while promising users more control over their digital information.
render Render Launches Simplified Object Storage at TechCrunch Disrupt Render introduces a new managed object storage service called Render Disk, along with infrastructure as code and one-click launch features, to simplify cloud deployments for developers.