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Zeta valued at $2B in new funding
Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation.
a16z hires former Republican congressman Patrick McHenry as advisor
Former North Carolina congressman Patrick McHenry announced Wednesday that he landed a job with VC firm Andreessen Horowitz.
Ben Horowitz donates Cybertruck fleet to the Las Vegas police
Andreessen Horowitz co-founder Ben Horowitz has donated a fleet of Tesla Cybertrucks to the Las Vegas Metropolitan Police, the department has confirmed to TechCrunch.
Flora is building an AI-powered ‘infinite canvas’ for creative professionals
With just a few words, AI models can be prompted to create a story, an image, or even a short film.
ChatGPT doubled its weekly active users in under 6 months, thanks to new releases
OpenAI’s flagship AI chatbot, ChatGPT, returned to solid growth in the latter half of 2024, according to a new report published on Thursday by VC firm Andreessen Horowitz (a16z).
Startup studio Hexa acquires majority stake in Veevart, a vertical SaaS platform for museums
Hexa is trying something new.
Y Combinator founders raising less money signals a ‘vibe shift,’ VC says
Otherwise Fund’s Terrance Rohan, investing in Y Combinator since 2010, says he noticed a “vibe shift” with this batch thanks to AI.
Profitable Klarna files for a potentially blockbuster IPO
S.
J. D. Vance claims freeing AI from regulation is good for American workers and tech innovators
On Tuesday, Vice President J.
Next Insurance gets scooped up by Munich Re for $2.6B
6 billion, the firms announced on Thursday.
OpenAI will reportedly close its SoftBank-led $40 billion round soon
While you’re busy Ghibli-fying your images with ChatGPT’s new image-generation capabilities, OpenAI is out raising a ton more cash.
4 days left to lock in $300+ savings for investor and founder tickets for TechCrunch All Stage
Time’s running out — 4 days left to save over $300 on Founder and Investor Passes for TechCrunch All Stage!
Startups Weekly: Mercury more than doubled its valuation, and other news
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups.
Fintech VC powerhouse Frank Rotman stepping down from QED Investors to found his own startups
Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups.
Andreessen Horowitz is trying to nab a piece of TikTok with Oracle, report says
The venture capital firm is reportedly in talks to invest in TikTok as part of a bid led by Oracle and other American investors looking to buy out TikTok from ByteDance, according to the Financial Times.
New session at TechCrunch All Stage: Jahanvi Sardana on how top startups reshape markets
TechCrunch All Stage — the ultimate founder summit — is shaping up to be a powerhouse event where 1,200 founders and VCs across all stages will come together…
Grace raises €5.9M seed to offer insurance to luxury goods
9 million) seed round led by FinTech Collective and Speedinvest.
StrictlyVC is heading to London this May
StrictlyVC is crossing the Atlantic!
Deel’s comms chief departs amidst spying lawsuit from Rippling
Elisabeth Diana, head of communications at human resources Deel, is no longer with the company, according to her LinkedIn profile.
No, Stripe is not becoming a bank
S.
a16z backs Base Power in $200M round for home backup batteries
The money will fund a rapid expansion, including dozens more megawatt-hours of battery storage and plans for a domestic battery factory.
Stripe CEO says he ensures his top leaders interview a customer twice a month
Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison.
Leaders from Accel and Paladin Capital Group join the stage at StrictlyVC London in May
Mark your calendar — StrictlyVC London is just around the corner on 13 May.
Stripe CEO says company management regularly asks customers for ‘candid feedback’
Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison.