Layoffs hit General Fusion as the fusion power startup runs short on cash
CEO Greg Twiney posted an open letter on the company’s website today pleading for money.
A new startup called Bono aims to modernize the way people donate to charities
Every year, donors contribute billions of dollars to charities, yet the donation process still feels outdated and cumbersome. Founders Dan Eblagon and Ron Levy believe there is an easier way to donate, leading to the creation of Bono, a platform designed to facilitate a more modern and streamlined approach to giving. The platform (named after […]
Rork’s founders were almost broke when a viral tweet led to $2.8M and a16z
Rork founders Levan Kvirkvelia and Daniel Dhawan are living a life that sounds like a plot for a movie. But it really happened. They went from broke, life savings spent, and in debt $15,000 apiece on credit cards — Dhawan was even sleeping on a mattress at a friend’s apartment — to $100,000 of revenue […]
Datadog acquires Eppo, a feature flagging and experimentation platform
Datadog is on an acquisition spree. Just a few weeks after snatching up Metaplane, an AI-powered observability startup, the cloud monitoring and security company has acquired Eppo, a feature flagging and experimentation platform. Eppo will continue supporting existing customers and bringing on new ones under the brand “Eppo by Datadog.” Terms of the deal weren’t disclosed, […]
Revelo’s LatAm talent network sees strong demand from US companies, thanks to AI
While many tech companies are mandating that their employees return to their offices, and putting an emphasis on building in-person teams, they are also turning in droves to Latin America to find developer talent — especially for post-training AI models. Revelo, a full-stack platform of vetted developers in Latin America, is seeing a new surge in […]
Apple and Anthropic reportedly partner to build an AI coding platform
Apple and Anthropic are teaming up to build a “vibe-coding” software platform that will use generative AI to write, edit, and test code for programmers, Bloomberg reported on Friday. The iPhone maker is planning to roll out the software internally, according to Bloomberg, but hasn’t decided if it will launch it publicly. The system is […]
Startups Weekly: Drama or game-changer? You decide
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was low on M&A and IPO news, but there was still some drama to follow, if that’s your thing — and more importantly, some worthy […]
Damn, the Cluely ragebait got us
What if cheating was just…the future of work? That’s the pitch behind Cluely, the viral AI startup that claims its stealthy browser overlay is “undetectable” and can help users bluff their way through everything from job interviews to exams. The company has raised $5.3 million and sparked a wave of backlash from startups building tools […]
Rising star defense tech startup Mach Industries is raising $100 million, sources say
Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, is about to close a fresh $100 million in financing co-led by new investor Khosla and existing investor Bedrock Capital, a source familiar with the deal tells TechCrunch. The new round will value the company at around $470 million, according to the source. However, the […]
Fintech Bench conducts layoff while others still work month-to-month
Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how many people were affected, but one person who works there estimated that Bench was eliminating dozens of positions – that’s a big chunk of the […]