wework WeWork's Collapse Fails to Dim the Core Logic of Venture Capital Despite the spectacular downfall of WeWork and massive losses for SoftBank's Vision Fund, the fundamental nature of venture capital remains unchanged.
peloton Peloton Prices IPO at Top of Range, Reaches $8 Billion Valuation Fitness company Peloton prices its initial public offering at $29 per share, aiming to raise $1.16 billion. The company reports massive revenue growth as it prepares to trade on the Nasdaq.
landline Upfront Ventures Backs Landline in Bid to Revamp Regional Bus Travel Landline raises $3.85 million to connect rural Midwestern communities to airports through a partnership with Sun Country Airlines. The startup aims to make short-haul bus travel a seamless alternative to flying.
lunchclub Lunchclub Raises $4M to Build AI-Powered Professional Matchmaker Lunchclub secures a $4 million seed round led by Andreessen Horowitz to revolutionize professional networking through highly targeted, AI-driven warm introductions.
wework WeWork Delays IPO Amid Investor Pushback Over Valuation The We Company officially delays its highly anticipated initial public offering as Wall Street investors reject its steep valuation and questionable corporate governance.
getaround Car-Sharing Startup Getaround Reaches $1.7 Billion Valuation in New Funding Round SoftBank-backed Getaround is raising $200 million in an equity round that pushes the peer-to-peer car-sharing company into unicorn status. The new capital follows the company's recent $300 million acquisition of European rival Drivy.
graphcore Graphcore CEO to Discuss AI Chip Race at TechCrunch Disrupt Berlin Graphcore co-founder and CEO Nigel Toon joins TechCrunch Disrupt Berlin to discuss the booming market for dedicated AI processors. The $1.7 billion startup competes directly with industry giants by offering specialized Intelligence Processing Units.
venture capital Venture Capital Firms Embrace Once-Fringe Frontier Technologies Venture capital firms are increasingly prioritizing investments in frontier technologies like quantum computing, genetic engineering, and brain-computer interfaces as limited partners seek higher returns outside of traditional enterprise and consumer tech.
porsche Porsche Backs TriEye's Low-Cost Sensors for Autonomous Driving in Bad Weather Porsche takes a minority stake in Israeli startup TriEye, which develops short-wave infrared sensors to help self-driving cars navigate safely through fog, rain, and dust.
y combinator 82 Startups Showcase Innovations on Day Two of YC Summer 2019 Y Combinator wraps up its Summer 2019 Demo Days with 82 additional startups presenting disruptive solutions across biotech, logistics, and SaaS. The two-day event features a total of 166 companies aiming to transform their respective industries.
y combinator Y Combinator S19 Demo Day 1 Showcases 84 Startups Seeking Funding Y Combinator kicks off its S19 Demo Day with 84 startups pitching to Silicon Valley investors. Notable companies include a cloud-based Chrome streaming service and a radar device that sees through walls.
zhihu Chinese Q&A Giant Zhihu Secures $434 Million in Record Funding Round Zhihu, China's top question and answer platform, raises $434 million in a Series F round led by Kuaishou with participation from Baidu and Tencent. The company plans to use the funds for technology and product development while expanding its expert-driven content.
postmates Postmates Prepares to Go Public Amid Fierce Food Delivery Competition Postmates plans to release its IPO paperwork in September, aiming for a stock market debut by the end of the third quarter. The delivery company moves forward with its public offering despite ongoing industry consolidation and fierce competition from Uber and DoorDash.
3d printing 3D-Printed Vascular Tissue Accelerates Path to Commercial Organ Manufacturing Breakthroughs in 3D-printing living vascular tissue bring the reality of manufactured organs closer to commercialization. Companies like Prellis Biologics and Volumetric Bio are making significant strides in creating complex, functional blood vessel networks.
y combinator YC-Backed Trella Tackles Egypt's Costly and Opaque Trucking Industry Egyptian startup Trella uses an app-based platform to bring transparency and efficiency to the country's expensive trucking and shipping sector. Backed by Y Combinator, the company currently manages 1,500 loads per month for 20 shippers.