Industry News

A comprehensive list of 2023 & 2024 tech layoffs

The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs […]

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Y Combinator’s latest cohort had only one LatAm startup in large part because of AI

Brazilian startup Salvy, a mobile carrier for businesses, was the only company based in Latin America in Y Combinator’s latest batch, the accelerator confirmed to TechCrunch.

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A $60M venture fund with a twist, and more startup-on-startup acquisitions

Today on Equity we dig into Multiverse’s acquisition of Searchlight, Guesty’s massive Series F, Monad Labs and Cyera’s mega-round.

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Yoshi Mobility has come a long way since gassing up cars on the side of the road

Today, Yoshi Mobility settled into three business lines: preventative maintenance, virtual vehicle inspections and electric vehicle charging.

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Cambium is building a recycled wood supply chain

The global demand for wood could grow by 54% between 2010 and 2050, according to a study by the World Resources Institute. While some building materials like steel get consistently recycled back into the supply chain, wood does not. Cambium hopes to fix that. Cambium looks to build the supply chain that keeps wood from […]

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Pan-African VC Verod-Kepple closes its first fund at $60M

Verod-Kepple Africa Ventures (VKAV) plans to back up to 21 growth-stage companies across the continent after closing its first fund at $60 million. The pan-African VC hit the milestone following fresh backing from new investors including Nigeria’s SCM Capital (formerly Sterling Capital Markets Limited), Taiyo Holdings and C2C Global Education Japan. The latest capital injection […]

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Metalab goes from quietly building the internet to investing in it

With Metalab Ventures, the venture arm will play the role of a long-term value investor, essentially “putting our money where our mouth is,” CEO Luke Des Cotes said.

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Kiki World, a beauty brand that uses web3 for customer co-creation and ownership, raises $7M from a16z

If you think that choosing a nail polish color or which ingredients go into your face cream can’t have anything to do with blockchain, think again. Kiki World, a beauty startup launched last year, wants consumers to co-create products and co-own the company with the help of web3 technology. On Tuesday, LA-based Kiki announced that […]

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Reshape wants to help ‘decode nature’ by automating the ‘visual’ part of lab experiments

Reshape has developed a robotic imaging system replete with software and AI models to help scientists track visual changes from Petri dishes and similar plate formats.

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Avendus, top India venture advisor, seeks $300 million for new PE fund

Avendus, India’s leading investment bank for venture deals, is looking to raise about $300 million for its private equity unit, according to three sources familiar with the matter. The Mumbai-based firm, backed by U.S. private equity giant KKR, has established itself as the top financial advisor in India, working with popular growth-stage startups including Zepto, […]

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