Author: TechCrunch News

Earlier this month, TechCrunch argued that startups looking to raise a Series C round were facing a uniquely difficult fundraising threshold. As Series Cs can be considered the first “late” startup stage, companies looking to raise the particular tranche appear to be running into backwash from the public markets, where tech valuations have come down…

Have you ever looked longingly at the website of a posh hotel or resort and thought, “Man, I wish I could hang out there.” Well, thanks to startup ResortPass, that might not be as out of reach as you might think. The six-year-old company gives people the option to purchase day passes to more than…

Dan Lorenc is CEO and co-founder of Chainguard. Previously he was staff software engineer and lead for Google’s Open Source Security Team (GOSST). He has founded projects like Minikube, Skaffold, TektonCD and Sigstore. SolarWinds and Log4j have made software supply chain security issues a topic of intense interest and scrutiny for businesses and governments alike.…

Deepgram, a company developing voice-recognition tech for the enterprise, today raised $47 million in new funding led by Madrona Venture Group with participation from Citi Ventures and Alkeon. An extension of Deepgram’s Series B that kicked off in February 2021, led by Tiger Global, it brings the startup’s total raised to $86 million, which CEO…

Despite an uneven year in the crypto markets, many market participants are unperturbed about the long-term health of the sector and say that legal frameworks in 2023 could restore trust in the industry.  “Crypto will recover,” Katherine Dowling, general counsel member at Bitwise Asset Management, said to TechCrunch. “This is not the death of crypto.”…

Welcome 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. Investors these days want to see not only growth, but also a path to profitability — and it isn’t always easy for venture-backed startups…

Amazon will shut down its food delivery business in India by the end of the year, the retailer said Friday, retreating from a $20 billion vertical it entered less than three years ago. The retailer will shut down the food delivery business, called Amazon Food, on December 29 in India. It launched Food in India…

It hasn’t been a kind year for blockchain-based startup activity. In addition to an asset-price correction during a general venture capital slowdown, web3-focused tech upstarts have also had to deal with a series of intra-industry crises that have, at times, dominated technology headlines. The Terra/Luna mess comes to mind. As does the meltdown of Three…

Back in January, Natasha covered Juro’s Series B round, which added $23 million to its coffers. Juro aims to put an end to contract negotiation madness, moving the workflows out of Microsoft Word and a handful of other sub-par tools to an all-in-one, web-based platform for contract negotiation-to-signature workflow. It seems like a very good…

There are a few sources of power that are “free” here on Earth, namely wind, solar, hydro, and geothermal. Humans have been tapping hydro and wind for millennia, and we’re getting pretty good at harnessing the power of the sun. But with geothermal, we’re still not expertly exploiting the heat that’s generated deep within the…