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Thursday, February 2, 2023

Startups

‘Keep Lex filthy’: Users react to queer dating app’s new direction

Lex, the hookup and social app that launched in 2019 with a nod to lesbian personal ads from the ’80s, is changing. Only, precisely how much will change is still an open question. Sure, the venture-backed startup behind the...

Battery darling Our Next Energy lands massive $300M Series B to build gigafactory

Battery startup Our Next Energy announced this morning that it closed a massive $300 million Series B in an effort to get its $1.6 billion gigafactory up and running. The new round values the company at $1.2 billion post-money, marking...

The Team Slide is the most important slide in a startup pitch deck

So why on god's green earth do y'all keep screwing this up so badly? When a startup graduates and becomes a “real” company, with hundreds of employees and the first inklings of large amounts of revenue, you could argue that...

Daily Crunch: Marqeta acquires fintech infrastructure startup Power Finance for $275M

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Kicking off the week, we’ve been thoroughly enjoying Runa Sandvik’s story about how U.S. police use digital...

VC funding to Black web3 founders popped last year, bucking trends

Much hope remains after the crypto winter almost froze the sector: the Luna crash, the bankruptcy of Celsius and the arrest of FTX founder Sam Bankman-Fried for alleged fraud. Then there was the venture pullback amid an economic downturn. In 2021,...

The latecomer advantage in startups

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Sometimes, due to the nature of the startup game, we...

Daily Crunch: Stripe responds to report that it seeks to raise $2B with a terse ‘no comment’

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Well, it’s Friday again. And as the Equity pod team noted today, “You could be Wasted and...

Warner Bros. swiped our Harry Potter wand IP, says Kano

Kano, the venture-backed U.K. startup known for its build-your-own computer kits and software for teaching coding and associated STEM skills, has accused Warner Bros. of copying one of its products and infringing on its intellectual property (IP). The product in question is...

Daily Crunch: Berlin-based design platform Kittl raises $11.6M Series A to take on Adobe and Canva

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Did you know you can buy 3D printed key caps to replace, say, your escape key with...

European smart thermostat startup Tado raises $46.9M after IPO plans falter

Smart home energy startup Tado has raised €43 million ($46.9 million) in a round of funding led by Trill Impact Ventures, as the company pursues plans to become profitable in 2023. The raise comes a year after the German company...
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