Mecho Autotech, a startup offering automotive spare parts, vehicle repairs and maintenance services, has raised a $2.4 million pre-Series A round. The firm targets the Nigerian market, where 90% of the country’s more than 12 million registered cars (mainly used) require regular maintenance to avoid recurring breakdowns. Its primary business connects vehicle owners (individuals and…
The Justice Department’s landmark antitrust case against Google kicked off in court today, marking the beginning of a trial that will stretch on for months, potentially upending the tech world in the process. At issue is Google’s search business. The Justice Department says that Google has run afoul of antitrust laws in the course of…
An image of a Cybertruck-inspired Tesla robotaxi concept was revealed in the new Elon Musk biography by Walter Isaacson that launched Tuesday. The two-door, two-seater, “Cybertruck-like” compact vehicle is complete with angular edges and what looks like a fingerprint-inducing stainless steel finish. And while it’s unclear if this will ever actually be built — the…
Techstars has chosen twelve companies to join its aerospace accelerator, a thirteen-week program which runs in partnership with the U.S. Space Force and NASA’s Jet Propulsion Laboratory. The new cohort includes eleven American companies and one from Australia. Matt Kozlov, Techstars managing director, told TechCrunch that he has a particular feeling about this new cohort.…
Kale Logistics Solutions, an Indian startup offering a vertical SaaS platform to assist logistics needs, has raised $30 million in a fresh funding round, as the 14-year-old startup eyes expansion in the U.S. and Europe. Bengaluru-based private equity fund Creaegis Advisors led the Series B round, which follows the startup raising $5 million in a…
Michael Sindicich Contributor Share on Twitter Michael Sindicich is the EVP and general manager of expense at Navan, an all-in-one travel and expense management solution. The 2008 Global Financial Crisis was easily the most destructive economic crisis since the Great Depression. And yet, it’s not without a touch of irony that without it, we wouldn’t…
Deals, whether via funding rounds or acquisitions, say a lot about the state of a startup sector and what investors are thinking about it. Sometimes, though, a lack of deals tells us more. Bloomberg reported that Victory Park Capital was looking, and struggling, to find a buyer for its stake in Perch, a startup that…
Hey, lovely people — it’s that time of week again: Week in Review (WiR) time. For those unfamiliar, WiR is TechCrunch’s regular newsletter that recaps the major events in tech over the past few days. If you’ve been too busy to keep tabs on recent happenings, don’t panic. WiR is here to get you up…
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Some fintech companies are weathering the storm better than others and seeing an end in sight. In particular, startups using AI to fight…
Set your coordinates for the Space Stage on September 19, Day 1 promptly at 0800 hours of TechCrunch Disrupt 2023. You’ll find sessions featuring some of the industry’s leading founders, investors, NASA researchers, Department of Defense officials, military commanders and national security experts. Launch into the future of space at TechCrunch Disrupt 2023 These leaders…





