Industry News

TechCrunch Minute: Newchip, Techstars and what happens when startup accelerators fail

Building a startup is hard. Building a company that helps startups is similarly difficult. That’s the takeaway from TechCrunch reporting on Techstars and Newchip. In the case of Newchip, the accelerator appeared to promise a bit more than it could deliver. Mix in a culture that appeared to be turbulent at best, and you have […]

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Dorsey leaves Bluesky, tech giants do more with less, and the next IPO

News that Jack Dorsey is out at Bluesky caused a stir this weekend. After all, Dorsey is a former Twitter co-founder and CEO, so his investment of time into the rival social network carried weight. The decentralized social networking service said that it is looking for a new board member. But while we had to […]

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Human composting and timber marketplaces: Talking “industrial” VC with investor Dayna Grayson

While the venture world is abuzz over generative AI, Dayna Grayson, a longtime venture capitalist who five years ago co-founded her own firm, Construct Capital, has been focused on comparatively boring software that can transform industrial sectors. Her mission doesn’t exclude AI, but it also doesn’t depend on it. Construct recently led a seed-stage round, […]

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Deal Dive: Amae Health is building an in-person approach to mental healthcare in an increasingly digital space

While many recent mental health-focused startups are digital first, Amae Health focuses on the importance of in-person care.

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ICONIQ Growth raises $5.75B seventh flagship fund

ICONIQ Growth has raised $5.21 billion across two funds associated with the seventh growth fund family, according to SEC filings. However, the firm’s actual fundraise was $5.75 billion, according to a source familiar with the firm.  The late-stage investment unit is a part of ICONIQ Capital, which launched in 2011 as a private office managing […]

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A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]

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Despite recent successes, IPO market still won’t fully open until 2025

Experts say macroeconomic factors including the upcoming election and the current state of the economy will deter too many IPOs this year.

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Climate tech investment roars back with an $8.1B start to 2024

Companies focused on reducing CO2 emissions raised big sums, second only to Q3 2023.

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Inside TC’s Techstars investigation and how AI is accelerating disability tech

The downturn in venture capital funding has impacted startups, VC firms, and accelerators alike. One company in the final category, Techstars, has been shaking up its operations for some time now, leading to a number of departures. TechCrunch got curious about what happened, so we dove deep into exactly how it all went down. We […]

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Walmart heir Lukas Walton’s Builders Vision puts S2G on a path to independence

Walmart heir Lukas Walton, worth $28 billion, is bringing on new limited partners to expand S2G’s investment reach.

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