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AI startup Hebbia raised $130M at a $700M valuation on $13 million of profitable revenue
Hebbia, a startup that uses generative AI to search large documents and respond to large questions, has raised a $130 million Series B at a roughly $700…
Index Ventures raises $2.3 billion for new venture and growth funds
3 billion in new funds to finance the next generation of tech startups globally.

Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened
Here is a timeline of Synapse’s troubles and the ongoing impact it is having on banking consumers.

Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday
Payments giant Stripe has delayed going public for so long that its major investor Sequoia Capital is getting creative to offer returns to its limited partners.
Andreessen Horowitz co-founders explain why they’re supporting Trump
Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he’s been a Democrat most of his life.
Deel acquires Hofy to build its own IT device management service
Both of Hofy’s co-founders, Sami Bouremoum and Michael Ginzo, along with the rest of the startup’s leadership team and 120 employees, are joining Deel to build Deel IT.

FTC Calls Xbox Game Pass Price Hike ‘Exactly The Sort Of Consumer Harm’ It Tried To Stop
On Wednesday, the Federal Trade Commission pointed to Microsoft’s recent pricing overhaul of Xbox Game Pass as evidence of the harm its merger with Activision Blizzard has had on consumers.
Paytm loss widens and revenue shrinks following regulatory clampdown
Paytm’s loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Reserve…
Last chance today: Secure major savings for TechCrunch Disrupt 2024!
Today is the final chance to save up to $800 on TechCrunch Disrupt 2024 tickets.
Be a TechCrunch Disrupt 2024 volunteer
TechCrunch Disrupt 2024 in San Francisco is fast approaching, and we’re seeking highly motivated volunteers to support our events team.

Game Pass Is Finally Getting Its First Call Of Duty Later This Week
It appears that finally, almost a year after completing its acquisition of Activision, Microsoft is adding a previously released Call of Duty game—2023’s Modern Warfare III—to its Netflix-like subscription service.
bunch raises $15.5M for its platform that simplifies investment management for VCs
Public market investors have a large variety of infrastructure and software that helps them keep track of, analyze and manage their investments, but that’s not the case for investors in private companies — such as venture capitalists.
ZeroTier raises $13.5M to help avert CrowdStrike-like network problems
With the CrowdStrike update continuing to cause havoc across the planet, a startup has raised $13.
Digital marketing startup Plaiced has acquired Precursor Ventures-backed Clutch
Madison Long and Simone May founded Clutch in 2020 to help connect people to businesses looking for marketing and content creation.
Legal tech, VC brawls and saying no to big offers
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups.
Stripe acquires payment processing startup Lemon Squeezy
Payments giant Stripe has acquired a four-year-old competitor, Lemon Squeezy, the latter company announced Friday.
Lime is piloting two new e-bikes to attract more women and older riders
Shared micromobility giant Lime is piloting two new vehicles designed to appeal to women and older folks who might appreciate a lower step-through frame, smaller wheels and an upgrade from pedal-assist.
Canva acquires Leonardo.ai to boost its generative AI efforts
Canva has acquired Leonardo.
SEC charges BitClout founder Nader Al-Naji with fraud; says proceeds paid for L.A. mansion, gifts
The founder of once-hyped crypto startup BitClout is facing trouble.
Fintech Execs from Synctera, Unit, and Treasury Prime discuss the future of BaaS at TechCrunch Disrupt 2024
The serious, long-term negative impact of the bankruptcy of banking-as-a-service (BaaS) fintech Synapse will be significant “on all of fintech, especially consumer-facing services,” one observer has said.
Connect with Google Cloud, Aerospace, Qualcomm and more at Disrupt 2024
TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited!
From golf to hunting, a new crop of startups want to make these experiences even better
COVID-19 pushed people to take up outdoor activities.
Anduril raises $1.5B at a $14B valuation
The Palmer Luckey-founded defense startup wants to become a serious rival to longstanding kingpins, and has been clocking some big wins.
First look at the Startup Battlefield judges at TechCrunch Disrupt 2024
The Startup Battlefield is the crown jewel of Disrupt, and we can’t wait to see which of the thousands of applicants will be selected to pitch to panels of…