Startups

Get insights into the funding, growth, and long-term prospects of tech startups across a variety of industries, including climate, crypto, fintech, SaaS, transportation, and consumer tech.

Automattic, WordPress.com’s Owner, Purchases Beeper Messaging App for $125M

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WordPress.com owner Automattic is acquiring Beeper, the company behind the iMessage-on-Android solution that was referenced by the Department of Justice in its antitrust lawsuit against Apple. One of the reasons why there are no other people building this type of app is it costs a surprisingly large amount of money to build a damn good chat app,” Migicovsky noted. As for Beeper’s products, the company has now briefed the DOJ on what happened when Apple blocked its newer app, Beeper Mini, which aimed to bring iMessage to Android. Beeper on Android launches to allThe company is instead releasing an updated version of its core app, Beeper, on Android. In this rewritten version of Beeper, the company is starting to roll out fully end-to-end encrypted messages across Signal.

“The Ultimate Side Event Roster for TC Early Stage 2024”

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Built World Startup Happy HourHosted By: Suffolk Technologies and TriNetTime: April 23, 430pm to 630pmDescription: Calling all innovators shaping the built environment! So enjoy our historic city before TechCrunch Early Stage and join fellow founders following in the footsteps of our nation’s early founders. We welcome startup founders seeking innovative solutions to maintain wellness while achieving the optimal point of productivity for those crucial momentum moments throughout your startup journey. Startup Happy Hour with OnshapeHosted By: Onshape (PTC Inc.)Time: April 24, 630pm to 9pmDescription: Join us the week of TechCrunch Early Stage 2024 at PTC’s headquarters for an exciting happy hour for founders! The party will start at 5:30pm, immediately following TechCrunch Early Stage 2024 on April 25th.

“Empowering Beauty: Kiki World Secures $7M Investment from a16z through Revolutionary Web3 Implementation”

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Kiki World, a beauty startup launched last year, wants consumers to co-create products and co-own the company with the help of web3 technology. Kiki co-founder Jana Bobosikova said she believes that being a loyal user of a brand in the Web 2.0 world could be a net negative experience. Kiki is flipping that model by allowing its community members to vote on the features they want before the beauty products are made. Although members’ product votes are recorded on Ethereum, Bobosikova said some participants don’t need to know they are taking action on blockchain. But, as Simpson pointed out, Kiki has plans to eventually expand beyond the world of beauty.

Ola, the giant of Indian ride-hailing, withdraws from UK, Australia and NZ in a global retreat

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Indian ride-hailing giant Ola is shutting down its operations in the UK, Australia and New Zealand, six years after expanding to international markets as it shifts focus to shoring up its domestic business ahead of an initial public offering. An Ola spokesperson told TechCrunch that the SoftBank-backed ride-hailing startup sees “immense opportunity for expansion in India,” where it operates in hundreds of cities and offers a range of transportation options, including two-wheelers. “With this clear focus, we’ve reassessed our priorities and have decided to shut down our overseas ride-hailing business in its current form in the UK, Australia and New Zealand,” the spokesperson added. The startup plans to file for an initial public offering after the public listing of Ola Electric, the leading electric two-wheeler brand in India that spun out of Ola. Ola Electric is looking to raise $662 million from its IPO in India, according to paperwork it filed late last year.

FDA Approves Noninvasive Anxiety Treatment from Neurotech Startup Neurovalens

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Neurovalens now has two medical devices approved for prescription by doctors in the U.S.: one to treat generalized anxiety disorder (GAD) and another targeting insomnia. Its GAD device was approved just last week, and its device for insomnia received FDA clearance last October. But he confirms the company is applying for medical device clearances in the U.K. and EU, too,saying it expects to get its first stamp of approval for doctors in Europe to prescribe its insomnia device as a treatment later this year. The startup says these are areas of the brain are responsible for functions like metabolic control, stress response and circadian regulation. Neurovalens is the first company that’s focused on noninvasive direct stimulation of the vestibular nerve, per McKeown.

Join the Exciting Startup Battlefield of Disrupt 2024!

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TechCrunch is searching for 200 trailblazing startups to feature in the Startup Battlefield 200 at TechCrunch Disrupt in San Francisco this October. Apply NowShowcasing global innovatorsFrom the Startup Battlefield 200, we’ll handpick 20 companies for the Startup Battlefield competition. The only way early-stage, pre-series A startups can exhibit on the show floor at Disrupt is through Startup Battlefield, and the only way to become a Startup Battlefield finalist is to be selected for Startup Battlefield 200. How to Join TechCrunch Startup Battlefield 200The process is straightforward. Is your company interested in sponsoring or exhibiting at TechCrunch Disrupt 2024?

Achieving Success: The Key to Building Startups in Boston

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Just last year, Klaviyo went public, adding to the parade of startup success stories. But they all showed what’s possible for the many people who dream of building a successful business in the Boston area. When you put it all together, Lyman says, you get some of the primary building blocks for a successful startup ecosystem. And what Boston may lack in nightlife, it surely makes up for in brain power and long history of startup success. As Seseri says, success begets success.

Last Chance to Participate: Speaker Applications for Disrupt 2024 Close in 21 Days

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TechCrunch Disrupt 2024 is set to electrify San Francisco from October 28–30, and we’re searching for vibrant speakers like you to elevate our event with your insights. Here’s your pathway to becoming a speaker at TechCrunch Disrupt:Are you a pioneering startup founder, a perceptive venture capitalist, or a renowned figure in your industry? Then, select your preferred presentation format:Breakout Session: Command the stage alongside up to four speakers, facilitated by a moderator. Each speaker will lead one breakout session during Disrupt. Roundtable Discussion: Lead an interactive 30-minute discussion with a smaller, intimate audience of up to 40 attendees.

“Unleashing the Potential: Analyzing YC’s Demo Day and the AI Startup Boom”

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Well-known startup accelerator Y Combinator held one of its two yearly demo day events this week, showcasing hundreds of startups that recently went through its program. Judging from our coverage of the two-day event, TechCrunch found lots to like in the presenting companies. There was lots more than just AI on display, so for today’s TechCrunch Minute I compiled a few trends and vibes from the shindig for your enjoyment. Accelerators play an important role in the startup world, giving founders early capital and advice as they get off the ground. Y Combinator competes with Techstars and other platforms globally.