Day: June 16, 2022
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Firefly Aerospace co-founder Tom Markusic is out as CEO – TechCrunch
Firefly Aerospace is on the hunt for a new CEO, after it announced Wednesday that co-founder Tom Markusic is transitioning to Chief Technical Advisor and full-time board member. The leadership switch up comes just four months after private equity firm AE Industrial Partners (AEI) bought out Ukranian firm Noosphere Venture Partners’ significant stake in the…
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Google for Startups deploys $4M of grant funding to 40 Black-led startups across Europe – TechCrunch
In an effort to kick-start a greater number of Black tech Founders in Europe, last year Google for Startups launched a $2m (£1.5m) grant fund to help tackle the quite obvious and stark racial inequality in the European tech industry. That fund ended up doubling to $4m (£3m) and now 40 Black-led tech starups across…
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Crypto founders face falling valuations, pulled deals amid market volatility – TechCrunch
As the crypto market continues to plummet, founders in the space are struggling to hold on to investors who are now trying to minimize their risk and backing out of funding rounds. This week, the global crypto market capitalization fell below $1 trillion for the first time since January 2021. As many companies prepare for…
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YouTube Music introduces seasonal recap playlists to compete with Spotify Wrapped – TechCrunch
YouTube Music has launched a new feature called seasonal recaps, a culmination of your top artists, songs, albums, and playlists. “Spring Recap” will be the first recap that users can try. This acts as an expansion of its 2021 Recap experience introduced last year. According to the company, it received positive feedback after rolling out…
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A new study suggests 33% of U.S. Twitter users post about politics – TechCrunch
A new study from the Pew Research Center noted that out of 25% of adult Americans using Twitter, 33% tweet about politics, up from 13% in 2019. The report highlighted that while only 24% of American Twitter users are aged 50 or above, they produce a massive 78% of the political content on the platform.…
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Corvus is using drones to track warehouse inventory – TechCrunch
Way back in August of last year, we highlighted the launch of Corvus Robotics in the Actuator newsletter. The Boston-based firm is one of a handful of startups looking to leverage indoor drones to help warehouses keep track of inventory. It’s a clever solution that’s been thus far difficult to achieve solely with wheeled robots,…
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3 climate tech VCs share how they find, vet and support carbon-slashing startups – TechCrunch
Few sectors have boomed in the past few years like climate tech has. But despite the burgeoning urgency driving interest and investments, the ongoing market downturn is threatening to dim the prospects of many bright startups. But are climate tech VCs as gloomy as the rest? Three investors active in the space joined me on…
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Attack surface management platform RapidFort raises $8.5M seed round – TechCrunch
RapidFort, a startup that helps developers reduce the potential attack surface of their applications by automatically removing unused software components from their containers, today announced that it has raised an $8.5 million seed round. The round was led by Felicis, with ForgePoint Capital, Bloomberg Beta, Global Founders Capital, Plug & Play Ventures, GIT1K Club and…