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VCs pledge not to take money from Russia or China, and Databricks raises a humongous round

By: Anna Heim
20 December 2024 at 12:05

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was full of news, likely because it is also the last “real” week of 2024. Which is another way for us to say goodbye for […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year

19 December 2024 at 21:00

The writing was on the wall, seemingly.  Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics […]

© 2024 TechCrunch. All rights reserved. For personal use only.

AI boom masks fundraising struggles for non-AI startups

17 December 2024 at 11:20

Earlier this year, IVP general partner Tom Loverro proclaimed that the post-pandemic downturn is over, and companies that made it this far should prioritize growth over cost-cutting. Yet, the companies still struggling to raise their next round of financing at a higher valuation or survive altogether could still be in the thousands, according to Brian […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Nuon helps companies deploy their software into their customers’ cloud accounts

17 December 2024 at 05:00

Jon Morehouse launched PowerTools in 2019 to help companies ship static sites and serverless apps to their cloud accounts on providers like AWS and Azure. When a customer asked him if they could use PowerTools to deploy their software into one of their customer’s cloud accounts, Morehouse was skeptical. Morehouse told TechCrunch that after that […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Prequel is building a community-driven approach to finding software bugs

16 December 2024 at 05:02

Cybersecurity practitioners take a community-driven approach to solving problems. Security researchers share the vulnerabilities they find with the broader cybersecurity community, which allows companies to patch up their security holes before something catastrophic happens. Prequel is looking to bring that same approach to software. The startup is building a database of software failure patterns or […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Trump’s proposed university endowment tax could hurt funding, VC warns

11 December 2024 at 15:34

University endowments could be taxed much higher under Trump. That may harm VCs, an investor warns.

© 2024 TechCrunch. All rights reserved. For personal use only.

200 VCs wanted to get into Lumen Orbit’s $11M seed round

11 December 2024 at 08:11

Lumen Orbit, a startup looking to build data centers in space, was able to close its recent seed round in mere days amid intense investor interest. The Redmond, Washington-based company closed on a $11 million seed round at a $40 million valuation, confirming prior TechCrunch reporting that the company had raised a competitive double-digit round […]

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Lead Edge is increasingly steering its 700+ investors away from VC deals

8 December 2024 at 09:00

Mitchell Green worked variously in investment banking, as an analyst with Bessemer Venture Partners, and for a hedge fund backed by Tiger Management before striking out on his own in 2011. Going it alone was seemingly the right move. Green now manages money for more than 700 individuals who have committed $5 billion to his […]

© 2024 TechCrunch. All rights reserved. For personal use only.

New York’s top VCs under 30

7 December 2024 at 07:09

The next generation of New York City investors are already making their mark in the Big Apple.  They come from big-name venture firms like Female Founders Fund and Lerer Hippeau and smaller ones like Chai Ventures. They work in areas like growth, consumer, and health. They canoe, hike, and play pickleball on the weekends. We […]

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The four startups from YC’s Fall batch that enterprises should pay attention to

7 December 2024 at 07:00

Notable Silicon Valley startup accelerator Y Combinator held a Demo Day for its inaugural Fall cohort this week. The 95 startups in this latest batch looked quite similar to recent YC cohorts in the sense that it includes many AI startups. If I did my math right, 87% of the startups in this batch are […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Hopeful hearts and other startup news

By: Anna Heim
6 December 2024 at 12:05

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. The week after Thanksgiving is usually rich in announcements, and this year was no exception. Blame it on the holiday season, but we would even go as […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Venture capitalist David Sacks named AI and crypto czar in Trump’s second administration

6 December 2024 at 06:12

Venture capitalist and tech investor David Sacks has been appointed as the “White House A.I. & Crypto Czar,” President-elect Donald Trump announced Thursday. “David will focus on making America the clear global leader in both areas,” Trump wrote in a […]

The post Venture capitalist David Sacks named AI and crypto czar in Trump’s second administration first appeared on Tech Startups.

Waymo announces it's expanding to Miami

5 December 2024 at 12:45

Get ready to have that Will Smith song stuck in your head for the rest of the day because the autonomous taxi company Waymo is going to Miami. Yeah, sorry about that.

Waymo announced its plans to Miami on its official Waypoint blog. The expansion will start early next year as the company gets its fleet of self-driving Jaguar I-PACE EVs familiar with Miami’s streets and intersections. Then in 2026, Waymo plans to start offering rides to customers through the Waymo One app.

Waymo is also partnering with the African startup Moove as part of its expansion plans. Moove provides vehicles for ride-sharing services. Waymo wants Moove to manage its “fleet operations, facilities and charging infrastructure” first in Phoenix and eventually in Miami.

The Waymo One app currently operates in parts of San Francisco, Phoenix, Los Angeles and Austin, according to Google support. Waymo secured $5.6 billion in funding in October to expand to Austin and Atlanta by the early part of next year.

This article originally appeared on Engadget at https://www.engadget.com/transportation/waymo-announces-its-expanding-to-miami-204504533.html?src=rss

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© Waymo

Waymo plans to start offering rides in Miami in 2026.

Yurts raises $40 million to be the DoD’s AI Chatbot 

3 December 2024 at 06:00

Yurts has raised a $40 million Series B led by XYZ Venture Capital to provide the DoD with gen AI.

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Climate VCs are cautiously optimistic about a second Trump term — here’s why

30 November 2024 at 08:00

President-elect Donald Trump made no secret during his campaigning that he doesn’t think the U.S. should take an aggressive stance on climate change. From leading chants of “drill, baby, drill” to frequently criticizing everything from wind turbines to electric vehicles, he appears poised to cast a shadow over the climate tech sector for the next […]

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Here’s why ServiceTitan was on the clock to go public

25 November 2024 at 12:10

When ServiceTitan dropped its S-1 notice of an impending public offering on November 18, many VCs likely rejoiced. A successful IPO by the company, which builds operating software for trade businesses, could be what the quiet IPO market needs to start shaking loose. But the timing of ServiceTitan’s IPO may not be entirely based on […]

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Latin America fintech will be a market to watch in 2025

24 November 2024 at 08:00

Midway through 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d already hit the bottom for funding to Latin American fintech startups, and that a bounce back was coming. While momentum hasn’t been a straight shot up and to the right ever since, it’s looking like he was right. The volume of venture […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Sequoia marks up its 2020 fund by 25%

22 November 2024 at 15:54

Sequoia says no exits, no problem. The Silicon Valley titan of venture marked up the value of its 2020 Sequoia Capital U.S. Venture XVII fund by 24.6% in June, at the end of a 12-month period, according to PitchBook, which ran analysis on data from the Regents of the University of California’s endowment. Sequoia’s markup […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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