For more than 25 years, ecologists have been desperately trying to prove the economic worth of the world’s ecosystems, hoping that a markets-based approach would slow the destruction of the natural world. Forests, the world’s largest terrestrial ecosystem, have played a central role in that. People have long valued them for their lumber and the…
If you looked at venture capital investment trends in the cybersecurity market, you’d be excused for thinking that the sector was struggling. Crunchbase data indicates that cybersecurity startups raised $1.9 billion in the third quarter, across 153 deals. The amount was better than the $1.7 billion startups in the sector raised in Q2 2023, but…
Investment giant Prosus has written down the valuation of edtech giant Byju’s to below $3 billion, marking a steep drop from the $22 billion valuation the Indian startup hit early last year. Byju’s is facing many “challenges” and Prosus and other backers are working alongside to aid the Bengaluru-headquartered startup’s recovery, Prosus interim chief executive…
Tola Capital, investing in AI-enabled enterprise software, is the latest venture capital firm to announce its new fund, securing $230 million in capital commitments for its third fund, raising the largest amount to date. It’s been a great couple of weeks for new VC funds. Tola joins firms like NXTP, Saviu Ventures, Kinterra Capital, Riverwood…
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Neil Batlivala, the CEO and co-founder at Pair Team, a startup building infrastructure to help the most vulnerable populations get the clinical and social care they need through Medicaid expansion. Neil talked about how his…
Companies on the hunt for comprehensive project management and issue tracking tooling aren’t exactly short of options, with the likes of Atlassian’s Jira serving software development teams well for more than two decades. Plenty of other players have entered the fray in the intervening years too, from Basecamp, Asana and Linear, to Monday.com and Jira’s…
Vimcal, a YC-backed calendar app, has raised a $4.5 million seed round from Altos Ventures to expand its team and enterprise offerings. The company, founded by CEO John Li, launched its iOS app and Outlook integration last year. Li told TechCrunch that Vimcal has improved its Outlook integration with fewer bugs. Since last year, Vimcal…
Veev, a real estate developer turned tech-enabled homebuilder, is on the verge of shutting down after reaching unicorn status last year, according to multiple reports. Calcalist reported on Sunday that the company — which raised $600 million in total, $400 million of which was secured in March of 2022 — has to shut down after…
Last week, the Ukrainian government fired two of its top cybersecurity officials, who are accused of embezzlement. Now, one of them has been detained. Ukraine’s senior cabinet official Taras Melnychuk announced the firings in a public post on Telegram last week. The two officials are Yurii Shchyhol, head of Ukraine’s State Special Communications Service of…
Do you have an idea that might have startup potential? Are you already an emerging founder trying to get your startup off the ground? Then head directly to TechCrunch Early Stage 2024 on April 25 in Boston, Massachusetts. Our daylong summit is designed specifically to help you take the next steps toward making your startup…
