Author: TechBrunch

Earlier this year, Kobold Metals discovered one of the largest high-grade copper deposits in history, with the potential to produce hundreds of thousands of tonnes per year, the company's CEO said. Now, just eight months later, Kobold is closing in on more than $500 million in funding. The funding should help the company develop its vast copper resources while pursuing dozens of other exploration projects. The mineral discovery startup has already raised $491 million of its targeted $527 million round, according to an SEC filing. A previous round of $195 million valued the company at $1 billion post-money, according to…

We’re excited to announce the debut of the ScaleUp Startup Exhibitor Program at TechCrunch Disrupt 2024! Join us at Moscone West in San Francisco from October 28-30 to meet an exciting lineup of startups that are poised to make their mark in the tech world. The ScaleUp Startup Exhibitor Program offers Series A and B startups a prime opportunity to exhibit in the bustling Expo Hall, where they can showcase their groundbreaking innovations to over 10,000 Disrupt attendees. It’s also a powerful program for startups to make valuable connections with investors and tech leaders eager to back the next big…

US telecommunications giant Comcast has warned that cybercriminals have stolen the personal data of more than 230,000 customers in a ransomware attack on a third-party provider of debt collection services. The breach is related to a February cyberattack on Financial Business and Consumer Solutions (FBCS), a Pennsylvania-based debt collection agency used by Comcast. In a filing Friday with the Maine attorney general, Comcast said FBCS initially told the company in March that the security incident did not involve Comcast customer data. In late July, FBCS notified Comcast that customer data had indeed been compromised. Comcast said 237,703 subscribers were affected…

Fledgling fintech startup OpenBB is revealing the next steps in its plan to take on the heavyweights of the investment research world. The company is launching a new free version of its product that will open up its arsenal of data and financial tools to more users. OpenBB is the brainchild of software engineer Didier Lopes, who launched it in 2021 as a free way for amateur investors and enthusiasts to conduct investment research using a variety of datasets via a command line interface (CLI). We launched a Python-based platform. The company has since raised $8.5 million in seed funding…

Ultrasound is perhaps best known as the technology that enables non-invasive body scans, underwater communications, and helps park cars. A young Norwegian startup called Sonair wants to adapt Sonair for another use: 3D computer vision for use in autonomous hardware applications. Knut Sandven, founder and CEO of Sonair, said the company's application of ultrasound technology, a breakthrough approach to reading sound waves and detecting people and objects in 3D with minimal energy and computational requirements, is today We believe it could be the basis for a more useful and significantly cheaper solution. A more standard approach using LIDAR. Sonair has…

StrictlyVC is hosting its first event within TechCrunch Disrupt 2024, and investors looking to connect with their peers won't want to miss this opportunity. The StrictlyVC series, which brings headline-grabbing people and stories directly to an audience of primarily VCs, LPs, founders, and executives, will be hosting Disrupt 2024 at San Francisco's Moscone Center on Tuesday, October 29th at 3 p.m. will appear at the center of From noon to 6pm Previous speakers have included VC's Katie Haun, FTC Commissioner Lina Khan, and OpenAI's Sam Altman, with StrictlyVC coordinating the boutique event within parent company TechCrunch's larger Disrupt show. This…

Some Harvard University students made headlines Wednesday after wearing Ray-Ban Meta glasses with facial recognition capabilities. DIY projects are the latest news to fuel privacy concerns about ubiquitous technology. This issue is gaining importance as cameras become more and more prevalent in society. Connectivity plays a big role in this conversation as well. Remote server requirements come with their own security/privacy issues. More problems arise when Ring's parent company, Amazon, and law enforcement get involved. Founded in 2017, Plumerai's main value pillar is technology that powers on-device AI processing. The London-based company has developed a way to perform tasks such…

The next generation of New York City investors are already making their mark in the Big Apple.  They come from big-name venture firms like Female Founders Fund and Lerer Hippeau and smaller ones like Chai Ventures. They work in areas like growth, consumer, and health. They canoe, hike, and play pickleball on the weekends. We chatted with some of the young investors — think, under 30 — who are helping to shape the future of venture capitalism in New York City.  Here’s who is on the list so far. (This list will be updated periodically.) Layla Alexander — Female Founders…

Will generative AI tools help people build better websites, or will they just fill the web with spam? With the recent release of Design Intelligence, a new website builder packed with generative AI tools, Squarespace is betting on the former. We spoke with Chief Product Officer Paul Gubbay about Design Intelligence and Squarespace's broader AI strategy. Our conversation echoes what other (unspecified) AI-powered website builders offer when asked to create a typical spa website: a confusing and ugly website. It started with a glimpse of. Of course, this was a demo setup for Design Intelligence, which started with a few…

Kevin Ryan has had a long and storied career as a leading figure in New York City's technology. He is the founder and CEO of AlleyCorp, an investment firm that has invested in a variety of startups, and is a serial founder who has participated in the early stages of companies such as Business Insider, Zola, Gilt, Pearl Health, and Transcend Therapeutics. there is. As president and CEO in the 1990s and early 2000s, he helped found the ad tech company DoubleClick, which was later acquired by Google for $3.1 billion in 2007, transforming the online advertising industry. He then…