Startups

CloudPay, a payroll services provider, lands $120M in new funding

In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients....

Cohere co-founder Nick Frosst thinks everyone needs to be more realistic on what AI can and cannot do

AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI...

Techstars is laying off 17%, ending its J.P. Morgan-backed programs

Techstars is laying off 17% of its workforce and will end its $80 million J.P. Morgan-backed AdvancingCities program once the fund is completely...

Anduril raises $1.5B at a $14B valuation

Defense tech startup Anduril has closed what will almost certainly end up being one of the largest funding rounds of the year: a...

From Skims to Stripe, here are the startups that are likely — or definitely — not having IPOs this year

Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we settle in to the second...

UK satellite startup Blue Skies Space wants to sell astronomy data ‘as a service’

A U.K. space startup has revealed plans to launch its first satellite as part of SpaceX’s rideshare program, ushering in what it claims...

Ex-Clubhouse employees take another swing at a social networking startup

Maya Watson and Lexi Nisita, cofounders of a new social app called why?!, met when they both worked at Netflix. They had one...

Airbnb details plans to expand beyond short-term rentals, including co-hosting and relaunching ‘experiences’

Airbnb CEO Brian Chesky suggested on Tuesday’s Q2 earnings call with investors that the company will soon expand into new products and services,...

Europe’s most valuable fintech, and which startups became unicorns this year

Welcome to TechCrunch Fintech! This week, we’re looking at Revolut’s reported valuation hike, fintech unicorns, the Disrupt Fintech Stage, and more. To get a...
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