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Tag Archives: TechCrunch
French VC firm Founders Future just acquired an equity crowdfunding platform, Sowefund
Here’s an interesting move. Founders Future, a well-known VC firm in the French tech ecosystem, acquired an equity crowdfunding marketplace called Sowefund. While terms of the deal remain undisclosed, Sowefund has been profitable since 2022 with around 20 employees. Following … Continue reading
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GM, Cruise and Honda to launch robotaxi service in Japan
General Motors, self-driving car subsidiary Cruise and Honda plan to launch a robotaxi service in Japan under a new joint venture, the three companies announced today. The companies intend to launch the service with the custom-built Cruise Origin vehicles in … Continue reading
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Elon Musk warns Cybertruck won’t be profitable until 2025
Tesla CEO Elon Musk issued a warning Wednesday about the soon-to-be delivered Cybertruck that might sound familiar to those who closely followed the company’s Model 3 “production hell” era. The gist? Scaling production of a vehicle like the Cybertruck is … Continue reading
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Trans healthcare startup Plume lays off dozens of workers
Plume, a startup founded to offer essential online healthcare services to trans people across the U.S., laid off more than two dozen workers in October, several sources close to the company told TechCrunch. Transphobia is rife within the healthcare industry; … Continue reading
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Zero to Employment Hero: HR unicorn nabs $167M to be Australia’s ‘biggest export since Atlassian’
In a startup world where down rounds prevail and much beyond low-million Series A raises are practically (but not totally) unheard of, those rare megabuck funding rounds stand out just that little bit more today than they did even a … Continue reading
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Made Renovation, which intrigued, then infuriated, its customers, is shutting down
In August, we reported that a four-year-old, venture-backed remodeling startup called Made Renovation was failing its customers, by their own telling. Though it marketing itself as a one-stop shop to beautify bathrooms — it offered potential customers a variety of … Continue reading
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Sequoia faces Congressional scrutiny over investments in China
One of Silicon Valley’s most prominent investment firms will face government scrutiny over its investments in China. Sequoia Capital has received a polite but pointed request from Congress to enter into more detail on how it will prevent further U.S. … Continue reading
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Tesla Cybertruck deliveries set for Nov 30
Tesla has finally set a date for the first deliveries of the Cybertruck. CEO Elon Musk posted on social media Wednesday that the Cybertruck delivery event, which traditionally means a few select customers get to take possession of their vehicles, … Continue reading
Tesla’s solar business is tanking but energy storage is making up for it
By the megawatt, solar installations are outpacing other energy sources in the U.S. this year — but you wouldn’t know it judging from Tesla’s latest reports. Once among the top three residential installers in the nation, Tesla’s solar business is … Continue reading
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Tesla Q3 profit falls 44% on EV price cuts
Tesla’s decision to slash EV prices put pressure on margins, causing profits to fall 44% in the third quarter from the previous year. The automaker missed Wall Street estimates on revenue and earnings. Shareholders seemed to have braced for Tesla’s … Continue reading