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

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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As YC retreats from Africa, alumni launch accelerators to fill the gap

The influential accelerator Y Combinator made a splash in Africa in 2020 when it shined its light on the market and began to accept startups from the region into its cohorts. The move was huge: in this nascent market, startups especially rely on programs like these to find their feet and connect with investors, and […]

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

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

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 […]

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

Y Combinator’s Demo Day is back in person

As promised, startup accelerator Y Combinator’s imminent Demo Day will be happening in person. In fact, YC seems to have kicked off the IRL return of Demo Day at the end of the long Thanksgiving weekend, with an in-person Alumni Demo Day on Sunday for the Fall 2024 class of startups.Β  Squad founder (and later […]

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

YC-backed Circleback is out to become the best meeting notetaker

As the number of startups offering speech-to-text services is increasing, meeting transcripts are becoming a common offering. There are plenty of tools that offer AI assistants that either join the meeting or capture your system’s audio to transcribe and summarize your meetings. Y Combinator-backed Circleback wants to differentiate itself by providing detailed notes and action […]

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

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