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Alta raises $11M to bring ‘Clueless’ fashion tech to life with all-star investors

Throughout her years working in technology, Jenny Wang, 28, always found herself stumbling back to one idea — a personal styling agent to help users decide what to wear and buy based on their budget, lifestyle, weather and calendar. She has tried to build such a product numerous times in the past, “but the AI technology was not yet mature enough,” she told TechCrunch. That’s changed so a few months ago she announced the launch of her dream company, Alta, followed by the announcement today of an

Clay secures a new round at a $3B valuation, sources say

Clay, a sales automation startup, has raised a Series C round at an approximate $3 billion valuation, led by Capital G, according to three sources with knowledge of the deal. Clay and Capital G didn’t respond to a request for comment. The new round comes just a month after the New York startup announced that it will allow most of its employees to sell some of their shares at a $1.5 billion valuation. That secondary deal, known as a tender offer, was led by Sequoia, which agreed to purchase up

TechCrunch Mobility: The cost of Waymo

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! The National Highway Traffic Safety Administration (NHTSA) announced late this week that it plans to streamline the Part 555 exemption process to make it faster for automakers that want to deploy self-driving vehicles built without human controls like a steering wheel or pedals. The letter sent to “stakeholders” (meaning those com

The founder experience at TechCrunch All Stage: Built for people building what’s next

For a founder, time is the one resource you can’t raise. That’s why TechCrunch All Stage — happening July 15 in Boston’s SoWa Power Station — is designed to make every minute count. Whether you’re at the whiteboard sketching v1 of your product or figuring out how to lead a team of 50, TechCrunch All Stage meets you where you are — and gives you the access, insight, and connections to move forward faster. Plus, you can get a $210 discount on your ticket right now, if you move quickly. The day d

Iconiq VCs spent two years courting Chime and the firm isn’t selling its stake

The VC tech world was abuzz on Thursday when neobank Chime successfully became a public company. Chime raised $864 million on a its $27 share price, which popped big, opening at $43. This wasn’t the biggest IPO of the year. CoreWeave, for instance, raised $1.5 billion in March, and its first-day market cap hit around $14 billion, too. (Its share price and valuation has soared since then). However, Chime’s cap table includes an absolute who’s who of Silicon Valley investors, many of whom are pu

What to expect at TechCrunch All Stage: One day, countless connections and takeaways

Whether you’re a founder gearing up for your next raise or a VC scouting your next portfolio win, TechCrunch All Stage, happening July 15 at Boston’s SoWa Power Station, packs more into one day than most multi-day conferences manage to deliver. This isn’t your typical sit-and-listen event. It’s designed to help you build momentum in real time — whether that means raising capital, sharpening your pitch, expanding your network, or rethinking your go-to-market. And for a limited time, tickets are

Shaq Signs $1.8 Million Check to End His Crypto Drama

Shaquille O’Neal can finally breathe a sigh of relief. The basketball legend turned businessman and TV personality has agreed to pay $1.8 million to settle a class-action lawsuit over his role in promoting the now-defunct cryptocurrency exchange FTX. While the payment closes a legal chapter for the former Laker, it also marks a turning point in how courts are treating celebrity endorsements in the volatile world of crypto, a space where stardom once offered both hype and cover. O’Neal is among

Nothing’s new Phone 3 will be available for general sale in the US

Smartphone startup Nothing will sell its next flagship model, the Nothing Phone (3), in the U.S. through its website and Amazon, TechCrunch has exclusively learned. Nothing, which will unveil the new phone early next month in London, has released eight phones since its inception in 2020, but only one, the Phone (2), has made it to general sale in the U.S. so far. Before that, users had to sign up to buy a phone via a beta program, and there was no after-sales support, though you could return th

Nothing’s new Phone 3 will be available on general sale in the US

Smartphone startup Nothing will sell its next flagship model, the Nothing Phone (3), in the U.S. through its website and Amazon, TechCrunch has exclusively learned. Nothing, which will unveil the new phone early next month in London, has released eight phones since its inception in 2020, but only one, the Phone (2), has made it to general sale in the U.S. so far. Before that, users had to sign up to buy a phone via a beta program, and there was no after-sales support, though you could return th

Anzu advances in-game ad offerings with Amex Ventures investment

Advertising solutions company Anzu announced today that it has received a new investment from Amex Ventures. The undisclosed amount will accelerate Anzu’s mission to provide intrinsic in-game advertising to premium companies. Amex Ventures joins Anzu’s existing investors, a list that includes PayPal Ventures, WPP, Emmis Corporation, and NBCUniversal, among others. According to Anzu, this investment will help to build out its solutions, scaling intrinsic ads in games while also providing measur

Legal tech platform Definely raises $30M Series B to make contract reviewing more efficient

Nnamdi Emelifeonwu was always curious about what work life was like for his colleague Feargus MacDaeid, one of the few registered blind lawyers in the U.K. Both practiced law at the global firm Freshfields. When asking about what would make his life easier, the answer was clear: “Help me navigate definitions in complex contracts without losing context,” Emelifeonwu told TechCrunch. He realized the fix to MacDaeid’s request would be useful to every lawyer. So in 2017, Emelifeonwu and MacDaeid t

How AI sales startup Landbase nabbed Ashton Kutcher’s Sound Ventures to lead its $30M Series A

When Daniel Saks was working as a co-CEO of the previous startup he co-founded, AppDirect, billionaire Michael Dell sent him a LinkedIn message asking for a meeting. Dell famously likes to cold-contact founders of startups he finds interesting. “I thought it was fake,” Saks tells TechCrunch. But he replied anyway. “So I’m getting ready for this call, thinking there’s no way it’s Michael Dell. And I’m almost kind of laughing about it. It actually was Michael.” That interaction taught him a less

Multiverse Computing raises $215M for tech that could radically lower AI costs

Spanish startup Multiverse Computing on Thursday said it has raised an enormous Series B round of €189 million (about $215 million) on the strength of a technology it calls “CompactifAI.” CompactifAI is a quantum-computing inspired compression technology that is capable of reducing the size of LLMs by up to 95% without impacting model performance, the company said. Specifically, Multiverse offers compressed versions of well-known, open-source LLMs – primarily small models – such as Llama 4 Sco