Tag: Tesla

Forerunner Ventures first made its name in the venture world by betting on once-nascent startups like Jet, Bonobos and Glossier when it was far easier to build a digitally native brand. Yet, as commerce evolves, so does the firm. As part of its ongoing evolution, Forerunner brought aboard veteran VC Brian O’Malley five years ago…

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London-based climate intelligence startup Sylvera has closed another chunky funding round — bagging $57 million in Series B funding led by Balderton Capital, with participation from existing investors Index Ventures, Insight Partners, Salesforce Ventures, Speedinvest, Seedcamp and LocalGlobe. New investors Fidelity Strategic Ventures, Bain & Company and 9Yards Capital are also joining the round. The…

Tesla over the weekend said its first much anticipated Cybertruck came off the electric vehicle maker’s production line in Texas. The debut of the long-delayed, futuristic-looking pickup truck comes in the lead up to Tesla’s second quarter 2023 earnings call. Tesla CEO Elon Musk first introduced the Cybertruck in 2019, but vehicle production has repeatedly…

Driving financial inclusion through digital payment methods is among the top priorities for the governments of Africa’s biggest tech ecosystems where cash is still king. Several initiatives launched by these governments have increased the number of banked citizens in their respective countries. In Egypt, for instance, platforms like Fawry and InstaPay — tapped into the…

General Motor’s Cadillac division will roll out an SUV that’s smaller and cheaper than the Lyriq…

It’s not often that a venture capital firm gets to back a startup again after it has exited — especially one that is still a private company. So when Builders VC got the call that the founders of cattle management software Performance Livestock Analytics (PLA) were looking to spin out from Zoetis, which acquired them…

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. It is always hard to know how a startup category will fare in a downturn. But if you had asked me a few…

South Korean electric vehicle maker presents a new challenge to Tesla…