Author: TechBrunch

Byju secured favorable outcomes in two court hearings on Thursday, paving the way for the beleaguered edtech startup to move forward with an extraordinary general meeting scheduled for Friday. The National Company Law Tribunal on Thursday refused to postpone Byju's planned EGM, where the Indian startup seeks to increase its authorized share capital to enable a $200 million share subscription issue. The Companies Court said the matter would be heard again on April 4. A lawyer representing the four estranged investors in Byju's pointed out that once the authorized share capital has been increased, it cannot be reinstated. Byju's investor…

Climate change technology venture Satgana has reached the final deadline for its first fund, which aims to support up to 30 early-stage startups in Africa and Europe. The VC firm received commitments from family offices and high-net-worth individuals such as Publicis Groupe's Maurice Levy and Back Market co-founder Thibaut-Hugues de Larose, which ultimately raised £8m ( Achieved $8.6 million in funding. Romain Diaz, founder and general partner of Satgana, told TechCrunch that the company closed the fund earlier than its original target due to an even more challenging fundraising environment for novice fund managers, and that the company was unable…

StealthMole, an AI-powered dark web intelligence startup specializing in cyber threat monitoring and cybercrime detection, announced Thursday that it has raised $7 million in a Series A funding round. The startup, which is headquartered in Singapore and has an R&D office in South Korea, will use the new capital to establish additional R&D centers and pursue more commercial use of its technology in the B2B space and geographic expansion. We plan to support it. “Having an R&D office in South Korea gives us important insight into how hackers in East Asia operate,” said Simon Choi, StealthMole's CTO. told TechCrunch. “Similarly,…

By any benchmark, Accel is one of India's top venture companies. Accel's track record with nearly 20 Indian unicorn startups, including several category leaders, speaks for itself. But still, the partners leading the company's early-stage accelerator program, called Atoms, are unusually reflective about what they've learned and the changes they've made to improve their chances of success. “One of the fundamental beliefs we have is that at some point, all VC firms look the same to the founders. It's just money,” says Prayank Swaroop, partner at Accel. he said in an interview. Also, all VC firms in recent years have…

Amazon on Wednesday invested an additional $2.75 billion in growing AI powerhouse Anthropic, taking over the option it left in September last year. I wonder if the $1.25 billion he invested at the time is paying off, or if he realizes he doesn't have any other horses to back it up. The September deal invested $1.25 billion in the company in exchange for a minority stake and certain retaliation deals, such as Anthropic, to continue using AWS for a wide range of computing needs. Amazon reportedly had until the end of the first quarter to decide whether to increase its…

LinkedIn is testing a new short-form video feed similar to TikTok, the company confirmed to TechCrunch on Wednesday. With this new test, LinkedIn joins a number of other popular apps, including Instagram, YouTube, Snapchat, and Netflix, which have launched their own short-form video feeds in response to TikTok's growing popularity. The feed was first discovered by Austin Null, director of strategy at influencer agency McKinney. Null is the new app's navigation bar[ビデオ]We posted a short demo on LinkedIn that showcases the new feed you'll see in your tabs. When you tap the new video button, you'll see a vertical feed…

The 3D hologram, dubbed “The Eternally Changing Statue,” will be on display at the Rise by Barclays workspace in New York until April 4th. Sipping wine and nibbling burrata, a group of government officials, reporters and founders gathered for the launch, with holograms flashing on displays and top British unicorns like food co-founder Tessa Clarke I watched as images of the founders alternated. Alexander and Oliver Kent-Braham, founders of waste startup Olio and insurance startup Marshmellow. The exhibition celebrated the UK as the third trillion-dollar high-tech economy after the US and China. Although Brexit has affected the economy, British authorities…

When entrepreneur Stephen Chen's mother began to approach retirement age, she was forced to borrow money from Chen and Chen's younger brother to make ends meet. They wanted to help, but they also wanted to find a more sustainable, long-term solution so her mother could retire without financial worries. Chen tried to get guidance from financial advisors, but no one was willing to accept her mother as a client because her mother's net worth was not considered high enough. So Chen started building spreadsheets and financial models on her own, doing her best to figure out how her mother could…

In the lead-up to the summer holidays, Google is announcing a series of travel updates that place you directly in the travel planning process and provide more insight into purchase intent in the travel space. First, Google is rolling out an update to its Search Generative Experience (SGE) that lets users create travel itineraries and travel ideas using AI, the company announced Wednesday. This new feature is currently available in English only to users in the United States who are enrolled in Search Labs, a program to try out the early Google search experience and share feedback. This feature collects…

Google is rolling out a new update that will make it easier for users to find personalized shopping results, the company announced Wednesday. This new feature allows users to rate different products and get style recommendations when shopping for apparel, shoes, and accessories. The update comes as Google continues to compete with companies like Amazon and Walmart, which have released AI-powered features that rival Google's shopping features. When you search for things like “men's polo shirts” on Google, you'll see a new section called “Recommended Styles,” where you can rate your options with thumbs up or thumbs down. You can…