Although today’s Meta Connect developer conference was largely about new smart glasses, the social networking company did announce a handful of metaverse updates during Wednesday’s keynote. Of these, one of the largest was the introduction of Hyperscape, first demoed at last year’s event, which allows developers and creators to build more photorealistic spaces in virtual … Read more
Tesla is “working on” redesigning its door handles so they are less likely to trap people inside the company’s cars, chief designer Franz von Holzhausen told Bloomberg News on Wednesday. The news comes just one day after the National Highway Traffic Safety Administration (NHTSA) opened an probe into Tesla’s door handles, and one week after … Read more
More than a decade ago, Jason Citron took the Disrupt stage to pitch his early-stage company in the Startup Battlefield competition at TechCrunch Disrupt as a scrappy founder pitching his vision. Today, he’s built Discord into one of the most successful consumer platforms of its era — valued in the billions and redefining how communities … Read more
Urban Company, India’s largest home services platform, stormed onto the public markets on Wednesday, opening 58% above its issue price after delivering the country’s most subscribed IPO of the year. The Gurugram-based startup, which connects users to at-home services ranging from beauty treatments to appliance repair, debuted on the Mumbai-based National Stock Exchange at ₹162.25 … Read more
Groww, India’s largest retail brokerage firm, is set to test the country’s public markets with a multi-billion-dollar IPO. The listing comes comes just over a year after the company restructured its corporate headquarters from Delaware back to India — a move that could make it the first Indian startup to list at home following a … Read more
Amazon made same-day delivery the benchmark on Earth. Impulse Space is pitching a similar concept for satellites bound for geostationary orbit about 22,000 miles above Earth, compressing what is typically a months-long transit into a matter of hours. In the span of a week, the in-space propulsion startup announced a trio of deals aiming to … Read more
Video generation and editing platform D-ID said Tuesday that it has acquired Berlin-based B2B video creation platform Simpleshow. The companies didn’t disclose financial terms of the deal. Simpleshow’s product will operate under D-ID’s umbrella, and eventually the two platforms will merge, D-ID chief executive Gil Perry told TechCrunch. Simpleshow, founded in 2008, has raised over … Read more
Smartphone startup Nothing announced today that it closed its Series C round of $200 million, which was led by the investment firm Tiger Global. With this round, the consumer electronics company is now valued at $1.3 billion. Other investors in the round included existing backers such as venture outfits GV, Highland Europe, EQT, Latitude, I2BF, … Read more
Rodatherm Energy, a new geothermal startup, emerged from stealth Monday with $38 million in funding and a plan to build a pilot plan in Utah. The startup differentiates itself by plumbing its boreholes with a closed loop, likely made of steel, that’s filled with a refrigerant. That contrasts with other enhanced geothermal companies, which tend … Read more
Amid an ongoing surge in defense tech investing, advanced manufacturing company Divergent Technologies raised $290 million to expand production of missile parts and other specialized components for the military. The round, which values the company at $2.3 billion, was first reported by Bloomberg. Divergent’s customers include major defense primes Lockheed Martin, RTX, and General Dynamics. … Read more
