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Interlagos, the venture capital firm started by former senior SpaceX leaders, is looking to raise $550 million for its first venture fund, according to regulatory filings and a confidential deck sent to prospective LPs and viewed by TechCrunch. The existence of the firm was first reported by TechCrunch in April, but almost nothing has been…
“CBS’ Tony Dokoupil offers ‘regrets’ at teary staff meeting after grilling anti-Israel author” “CBS Mornings” co-host Tony Dokoupil told staffers during an emotional meeting that he “regretted” putting them in a difficult position amid the brewing scandal at the network over his grilling of an anti-Israel author, The Post has learned. The embattled anchor spoke…
Cloud providers are chasing after AI unicorns, and the latest is Fei-Fei Li’s World Labs. The startup just tapped Google Cloud as its primary compute provider to train AI models, a deal that could be worth hundreds of millions of dollars. But Li’s tenure as chief scientist of AI at Google Cloud wasn’t a factor,…
General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800 million and $1 billion, according to a person familiar with the plans. A continuation fund consists of a portion of stakes that the VC firm has in portfolio companies. With around $25…
Fusion startups have been on a fundraising tear lately, and a young startup, Acceleron Fusion, is joining the pack, having raised $15 million of a targeted $23.7 million round, according to an SEC filing. The fusion sector recently has been showered with interest from investors, who no doubt have been encouraged by the breakthrough experiment…
Snapchat is quietly rolling out a new “Footsteps” feature to all iOS users this week, the company confirmed to TechCrunch on Monday. The new feature, which was previously only available to Snapchat+ subscribers, uses Snap Map to let you see how much of the world you’ve explored and track where you’ve traveled to. The first…
Getting healthy is big business these days. Now a startup that’s come up with a unique approach leveraging tech to help people with their exercise regimes is announcing a big round of funding, putting some weight behind its own push for growth. Munich-based EGYM — a maker of connected fitness equipment and personalized training tech…
X went back online in Brazil earlier this week, three weeks after Elon Musk’s platform was blocked under orders from Brazil’s Supreme Court. That prompted Brazil’s top court to fine X Corp. nearly $1 million for every day the platform remained accessible in the country. However, Cloudflare’s CEO Matthew Prince tells TechCrunch that X going…
Antonio Moraes, the grandson of a late prominent Brazilian billionaire, was never interested in joining the family-owned conglomerate of construction companies and a bank. Shortly after graduating from college, he founded one of Brazil’s first impact funds, which invested primarily in companies that made healthcare more accessible and affordable. But while attending Stanford University, where…
Cities spend hundreds of millions each year on paratransit services, or public rides for disabled residents, yet those services remain limited and unpredictable. Wheelchair users often face late pickups, hindering them from getting to work or medical appointments on time. As populations age, the strain on these services and city budgets continues to grow. Vancouver-based…