Author: TechBrunch

Many products benefit from tight integration, where companies design and sometimes build key components of the product in-house. Apple and its custom microprocessor and Tesla and its Supercharger are two notable examples. It's not an easy strategy to get right, but stealth startup General Galactic hopes this approach will lower the price of so-called e-fuels, which produce hydrocarbons from captured carbon dioxide. , the company exclusively told TechCrunch. The company grew out of co-founder and CEO Halen Mattison's SpaceX days. “I was working on a team focused on propellant generation for Starship. I started thinking, 'What are we going to…

Parenting a young child diagnosed with or suspected of having ADHD can be difficult. Some children with this condition may have difficulty completing school work or may become easily irritated and have tantrums. Parents who seek professional help may be shocked to learn that due to a national shortage of psychologists, it can take up to a year to receive a diagnosis and begin seeing a therapist. is common. And that's not even mentioning the high cost of out-of-network treatment, which can cost up to several thousand dollars a year. Clarity Pediatrics, a chronic care startup founded in 2021, cuts…

After a turbulent year, banking-as-a-service (BaaS) startup Synapse has filed for Chapter 11 bankruptcy and its assets will be acquired by TabaPay, the companies said. The transaction is pending bankruptcy court approval. Founded in 2017, Mountain View-based TabaPay is an instant money transfer platform backed by SoftBank in a private funding round in 2022. It's not clear how much venture capital has been raised. San Francisco-based Synapse operates a platform that enables banks and fintech companies to develop financial services, and was founded in 2014 by Brian Keltner and Indian-born CEO Sankaet Pathak. Established in . In 2019, TechCrunch reported…

Get ready to set the tech world on fire with your passion and expertise! TechCrunch Disrupt 2024 is set to set San Francisco on fire from October 28th to 30th. We're looking for dynamic speakers like you to liven up our events with your insights. Do not miss it. Entries close Friday, April 26th at 11:59pm PT. Here's your roadmap to becoming a speaker at TechCrunch Disrupt. Are you a pioneering startup founder, an insightful venture capitalist, or an industry celebrity? We want to hear from you. Inspire your fellow founders, innovators, and entrepreneurs by sharing your expertise across the…

It's going to be a great week! Tech revenues are rising, the EV wars are on (and oh my!), and venture capital feels like it's on cloud nine. All of this adds up to one packed stock episode. Today, we delve into the latest market news, including upcoming financial results, IPOs, and the impact (if any) of Bitcoin's halving will have on the value of cryptocurrencies. We also had to discuss two new venture capital funds. Seraphim's new vehicle focused on space and TLcom Capital's new fund focused on Africa. From there, we talked about EVs and how recent price…

Mobile phone cameras have come a long way, making image processing increasingly important and allowing fine-grained control to allow users to adjust the image. Despite this, many people still prefer old-fashioned photography styles and techniques. Developer Alex Fox wanted to focus on that nostalgia when building the Mood.camera app. The iPhone app allows you to switch between different retro filters when taking photos. You can also adjust the tone and sound quality using the dial. From the main screen, you can easily switch between various lenses and adjust exposure. All of this seems familiar, but what you don't get is…

Venture capital activity in Africa has shown resilience over the past six months, with major firms backing African startups closing funds despite an ongoing funding winter. In the latest development, African venture capital firm TLcom Capital, which has offices in Lagos and Nairobi and focuses on early-stage startups, has announced its second fund, TIDE Africa Fund II, totaling $154 million. Completed financing. The final transaction makes the company the largest seed and Series A investor in Africa. The oversubscribed fund, originally targeted to close at $150 million, attracted participation from more than 20 limited partners. Notable investors include the European…

Tree-planting search engine Ecosia today released a new cross-platform browser to expand its online footprint. This new browser is available for Mac, Windows, iOS, and Android and is built on Chromium. Therefore, there are not many functional differences with Chrome. The company believes this is a good thing, as people may be tempted to switch without letting go of their web browsing habits. However, you can customize your landing page and remove sections that don't suit your tastes, such as Top Sites or Climate Impact. Image credit: Ecosia Michael Metcalf, Ecosia's chief product officer, told TechCrunch by phone that the…

UK-based space technology investment group Seraphim Space is officially launching its second VC fund following an initial close with a limited number of partners including Airbus, TechCrunch exclusively reports Ta. This early-stage fund will build a global portfolio of 30 startups backed at seed and Series A stages. CEO and manager Mark Boggett did not disclose the success rate or target size of the fund, but it is larger than Seraphim Space's 2017 £70m VC fund (approximately $90m at the time). He said it should happen. Like its predecessor, Seraphim's second VC fund, SSV II, is backed by leading companies…

The two are parting ways on amicable terms, two sources exclusively tell TechCrunch. Piyush Gupta, one of Peak Mr. Gupta joined Peak XV, formerly known as Sequoia Capital India & SEA, in 2017 to lead the strategy development team for impact ventures. Prior to joining Peak XV, he worked at Morgan Stanley and Deutsche Bank for more than a decade, where he focused on similar things such as mergers, acquisitions, and IPOs. Although Mr. Gupta did not serve as an investment partner at Peak I accomplished it. News of Mr. Gupta's departure was communicated to limited partners from Peak XV…