TechCrunch Early Stage is gearing up for another insightful event on April 25, and one roundtable session promises to be particularly illuminating for early-stage founders.
Titled “Finance Fundamentals Before Your First Finance Hire: A Founder’s Guide to Navigating Early Financial Decisions,” this roundtable will offer invaluable insights into navigating the financial complexities that often accompany the early stages of startup ventures.
Led by Dan Kang, the vice president of finance at Mercury, this roundtable aims to demystify the core aspects of early-stage financial management.
With years of experience in building and scaling fintech companies, Kang brings a wealth of knowledge to the table.
Secure your spot at TechCrunch Early Stage today to take advantage of this invaluable opportunity to learn from industry experts like Dan Kang.
The company has rebranded to “Limitless,” and is now offering an AI-powered meeting suite and a hardware pendant that can record your conversations.
Company co-founder Dan Siroker first posted the idea of a conversation-recording pendant last October and started accepting orders at $59.
Siroker posted the final design this week, along with the news of the company’s pivot.
It’s a web app, Mac app, Windows app, and a wearable.
We plan to reimplement many of our user’s favorite Rewind features directly into Limitless,” Siroker said.
Today they are the co-founders of Cherub, a marketplace that pairs angel investors with entrepreneurs.
Johnson likens Los Angeles-based Cherub to Raya, an online membership-based community for dating, in that it matches founders and angel investors based on their preferences.
Or if an entrepreneur’s minimum investment is $25,000 but an angel investor is only investing $10,000 per deal, they can see that and not reach out to connect.
Of those deals, 40% were new angel investors, meaning they were accredited investors that had never written checks before.
Angel investor Allen Orr told TechCrunch that he had used other platforms such as AngelList in the past.
The capital, which brings total funding raised by the startup to $6.2 million, will enable it to serve more brands.
For diverse brands in particular, there are a lot of economic hurdles that these groups face, which makes it even harder for them to access capital.
Its other offering is a labor marketplace for brands not in a position to hire full-time teams but require talent occasionally.
Its community of brands recommends the talent or manufacturer, who are listed on the marketplace after several stages of vetting.
Brands gain access to the labor marketplace, capital and other resources, upon signing up (at a cost) on the startup’s main product, the B2B marketplace and SaaS product.
Inside LemFi’s play to be fintech to the Global South diaspora First, the Nigerian startup focused on migrants from Africa.
These events spotlight the company’s growing influence in Africa’s remittance market, fuelled by a $33 million Series A funding round and the launch of services in the U.S. corridor, both announced last August.
LemFi later expanded to serve other African diaspora communities in the country before entering the U.K. market in 2021 by acquiring RightCard for $2.5 million.
Additionally, Daiyaan Alam, formerly leading partnerships at Delivery Hero subsidiary Foodpanda in Pakistan, is spearheading LemFi’s expansion efforts into Pakistan and South Asia.
They join Allen Qu, former COO at Chinese-backed African fintech OPay, who leads the fintech’s growth among the Chinese diaspora.
We now know how much Tesla paid as it released its annual proxy statement on Wednesday morning, which includes a section on “related person transactions” the company has made.
Tesla has also paid X around $50,000 in 2023 and $30,000 through February 2024 for “commercial, consulting and support agreements.” Likewise, X paid Tesla $1 million in 2023 and around $20,000 through February 2024 for the same unspecified work.
Tesla paid Musk’s tunneling effort, The Boring Company, $200,000 in 2023 and $1 million through February 2024.
“The Committee and its counsel are aware of the media narrative regarding Musk, Tesla, and its Board,” the committee writes in the proxy.
“And the Committee’s work was conducted against a backdrop of unrelenting public interest in whether Tesla would reincorporate and in Musk’s compensation.
Mentee Robotics hasn’t been in stealth, exactly.
The Israeli firm caught a small wave of press at the tail end of 2022, following Tesla’s initial humanoid robotics announcement.
Even so, the firm caught some headlines because its co-founder and chair, Amnon Shashua, founded Mobileye and the well-funded AI firm, AI21 Labs.
On Wednesday, however, the company offered up a glimpse of Menteebot, its own stab at the rapidly growing humanoid category.
In fact, this is one of those spots where the precise definition of what constitutes a humanoid system gets blurred.
The lack of charging infrastructure is a major barrier to entry for those looking to convert gas-powered vehicles to electric.
Founded by Louis Tremblay, FLO is looking to build robust EV charging infrastructure that will create a reliable web for drivers to get to where they need to go.
Since then, however, the company has raised more than $334.4 million and become Canada’s largest EV charging provider.
“Hardware is important because it’s the infrastructure that lasts [and] software is to make a great experience,” said Tremblay.
It seeks to keep chargers up-to-date and has a suite of charging software that provides valuable data to — and about — drivers.
NASA Administrator Bill Nelson has pronounced the agency’s $11 billion, 15-year mission to collect and return samples from Mars: insufficient.
But the strategy shift could be a huge boon to space startups, to which much of that planned funding will almost certainly be redirected.
(There’s plenty of time to save and repurpose the most important concepts and research already done by NASA and its partners.)
But the official announcement, and the implication that it is the new generation of space companies that will accomplish ambitious goals like a there-and-back trip to Mars, must be very validating.
Whatever that new plan may be, it will almost certainly rely far more than before on commercial services and hardware.
WhatsApp on Tuesday announced a handful of new chat filters for the app to access certain types of messages easily: All, Unread, and Groups.
The “Unread” filter is helpful in looking at messages you might not have seen.
It also helps you get to inbox zero and get rid of the annoying number of unread chat indicators.
Notably, WhatsApp already had a way to look at unread messages through a filter in the search bar.
WhatsApp said that the filter option starts will be rolling out to users starting today and will be available to all users in a few weeks.
