Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale
The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal. The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has
Read moreRaymond Tonsing’s Caffeinated Capital seeks $400M for fifth fund
Caffeinated Capital, a San Francisco venture firm started by a solo capitalist Raymond Tonsing, is raising a fifth fund of $400 million, according to a regulatory filing. The firm, an early investor in software company Airtable and defense startup Saronic, has already raised $160 million toward the fund. If Caffeinated
Read moreAti Motors raises $20M as India’s robotics industry grows
Ati Motors, an Indian startup building AI-powered autonomous mobile robots, has raised $20 million in a Series B round. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreMicrosoft’s head of venture has resigned
Chris Young, Microsoft's head of of business development and its venture unit, M12, resigned from his role on Wednesday, the company said. © 2024 TechCrunch. All rights reserved. For personal use only.
Read more3Dtracking and the Evolution of Telematics: Transforming Fleet Management Across Africa
As businesses increasingly prioritize efficiency, cost savings, and safety, telematics technologies have become a critical tool for optimizing logistics, monitoring fuel consumption, enhancing security, and streamlining supply chains. With rapid advancements in wireless sensors, video monitoring, and data integration, telematics has evolved far beyond straightforward vehicle tracking. Source
Read moreNearly 10 years later, Tumblr TV launches to all as a TikTok alternative
In 2015, the blogging site Tumblr launched a GIF discovery feature called Tumblr TV as an experimental product. Now, with the U.S. TikTok ban leaving the fate of the short-form video app uncertain, Tumblr has decided it’s finally time to launch Tumblr TV, which has since evolved to support video,
Read moreNearly 10 year later, Tumblr TV launches to all as a TikTok alternative
In 2015, the blogging site Tumblr launched a GIF discovery feature called Tumblr TV as an experimental product. Now, with the U.S. TikTok ban leaving the fate of the short-form video app uncertain, Tumblr has decided it’s finally time to launch Tumblr TV, which has since evolved to support video,
Read moreShould you Invest in Trump’s new Crypto Coin?
Following the launch of Donald Trump’s meme coin, $TRUMP, the cryptocurrency market has been abuzz with excitement and skepticism. Announced on January 17 via a post on X, the coin saw an explosive debut, quickly reaching a market cap of nearly $5.5 billion and tripling in value within hours. Despite
Read moreScale AI is facing a third worker lawsuit in about a month
In this suit, workers are claiming they suffered PTSD from disturbing content. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreHow to delete Facebook, Instagram, and Threads
In the wake of Meta’s decision to remove its third-party fact-checking system and loosen content moderation policies, Google searches on how to delete Facebook, Instagram, and Threads have been on the rise. People who are angry with the decision accuse Meta CEO Mark Zuckerberg of cozying up to the Trump
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