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Venture gets a rare Native American-led fund in Betsy Fore’s Velveteen Ventures

When Betsy Fore was five, her grandmother got her a gift she has never forgotten: A Velveteen Rabbit from Goodwill that Fore believed, with enough love, could spring alive. Decades later, that rabbit has lent its name to Fore’s venture firm, Velveteen Ventures, which came to life on Tuesday. “I realized after building companies for nearly two decades that I could make the greatest ripple in this one precious life by being on the other side of the table,” she told TechCrunch. Her companies inclu

Rwazi raises $12M Series A to help companies with consumer insights and intelligence

Joseph Rutakanga spent eight years looking for tools to help companies gather consumer insight data. Eventually, he decided to just build them. Now his startup, called Rwazi, has raised a $12 million Series A led by Bonfire Ventures to help companies with market intelligence and consumer insights. He founded the company in 2021 with co-founder Eric Sewankambo. “There was an abundance of consumer and market-level data for places like the U.S., UK, and a few parts of Western Europe, maybe some t

The countdown’s almost over: 2 days until TechCrunch All Stage 2025 kicks off in Boston

TechCrunch All Stage 2025 is almost here — In 2 days, the doors swing open at Boston’s SoWa Power Station. If you’re a founder or investor, this is your last shot to lock in the lowest ticket prices before they vanish at the door. This isn’t your average startup conference. TC All Stage is where high-growth startups get sharper, faster, and more fundable — in just one day. Whether you’re pre-seed or preparing for an IPO, this is the room to be in. Savings of up to $475 are here until the event

AI leadership development platform Praxis Labs sells to Torch

Praxis Labs, a learning development platform, announced its acquisition on Thursday for an undisclosed amount by the leadership and coaching enterprise Torch. “As a small company with fewer than 20 people serving companies as large as Amazon, we knew we needed to build powerful partnerships, across product and go-to-market, to reach more companies,” co-founder and CEO of Praxis Labs, Elise Smith, told TechCrunch about the reason for the sale. She and her co-founder, Heather Shen, met Torch CEO

Helios wants to be the AI operating system for public policy professionals

When OpenAI was having its ChatGPT moment in 2022, Joe Scheidler, co-founder and CEO of Helios, was tackling a different kind of challenge: Helping build the White House’s newly authorized cybersecurity office and navigating the complexities of public-private coordination on cyber policies. His current co-founder, Joseph Farsakh, was also at the State Department, working on Yemen Houthi peace negotiations. The two overlapped in national security discussions and started trading notes on how larg

Blok is using AI personas to simulate real-world app usage

AI-powered coding tools like Cursor, Replit, Claude Code, and Lovable are helping developers write many lines of code every day to ship products faster. However, app makers still have to rely on either shipping full beta versions of their apps or using simulation software to gauge how upcoming features will work. Blok, a company that is coming out of stealth, allows developers to use AI to simulate different user personas to test an app’s features and learn how to make their apps better. The c

Learn how to avoid the pitfalls that stall startup fundraising at TechCrunch All Stage on July 15

There’s no shortage of capital out there, but there’s even less room for error. Join a powerhouse panel at TechCrunch All Stage on July 15 in Boston for “Fundraising Mistakes That Will Kill Your Round, and How to Avoid Them.” This Scale Stage breakout session is built specifically for early-stage founders who want to sidestep the pitfalls that slow or even sink their raise. From pre-pitch prep to post-meeting follow-through, this session will give founders a real-world look at what works — and

OneText raises $4.5M from Y Combinator, Khosla to reinvent shopping by text

The typical online checkout experience has become bloated with friction. And while more companies are building solutions around online checkout, few are rethinking it from scratch. One such company is OneText, which is building what it calls a “text-to-buy network,” that lets shoppers complete purchases via text message. The company, founded by former PayPal employees, just closed a $4.5 million seed round backed by Khosla Ventures, Coatue, Citi Ventures, Y Combinator, Good Friends (the fund cr

7 days until doors open at TechCrunch All Stage — and up to $475 in ticket savings vanish

We’re in the final countdown — TechCrunch All Stage kicks off in less than 7 days, and your chance to save up to $475 disappears when it does. This is the ultimate founder summit, built for every stage of your startup journey. Whether you’re a founder, co-founder, or investor, this is where scaling strategies are revealed and future-shaping deals begin. Ready to move faster, smarter, and further? All signs point to Boston on July 15. Right now, Founder Passes are just $100, and Investor Passes

Tulum Energy rediscovered a forgotten hydrogen tech and used it to raise $27M

It was a mistake that was ahead of its time. Between 2002 and 2005, engineers with the Techint Group were trying to dial in a new electric arc furnace for a steelmaker when they noticed something odd. The carbon electrodes, rather than breaking down, were growing larger. The team had inadvertently created what’s known as a pyrolysis reaction, which is basically burning something in the absence of oxygen. In this case, the furnace was splitting methane into pure hydrogen and pure carbon. The te

Ask not for whom the Louvre of Bluesky tolls, it tolls for thee

It’s a sad weekend over at Bluesky, where one of the best accounts has disappeared — although we can still hope for its resurrection. Known as The Louvre of Bluesky, the account in question struck fear into the hearts of bad posters everywhere. While it posted commentary and jokes of its own, its most brutally funny and haunting work came in the form of screenshots capturing rogue Bluesky posts in all their unhinged glory. It’s hard to write a proper appreciation now that the Louvre has vanish

Slate Auto drops ‘under $20,000’ pricing after Trump administration ends federal EV tax credit

Slate Auto, the electric vehicle startup backed by Jeff Bezos, has stopped promoting that its upcoming pickup truck will start “under $20,000” following passage of President Trump’s tax cut bill. The bill, which is expected to be signed into law by Trump on July 4, will cause the federal EV tax credit to end in September — a $7,500 incentive that Slate had counted on to help its all-electric pickup clear that mark. When Slate came out of stealth mode in April, the startup heavily promoted that

Cluely’s ARR doubled in a week to $7M, founder Roy Lee says. But rivals are coming.

Cluely’s revenue has skyrocketed to about $7 million in ARR since it launched its new enterprise product a week ago, founder Roy Lee told TechCrunch. “Every single person who has a meeting or an interview is testing this out.” Cluely, one of Silicon Valley’s most-talked-about startups, offers products that use AI to analyze online conversations, deliver real-time notes, provide context, and suggest questions to ask. This information appeared discreetly on the user’s screen, invisible to others.

Slate Auto drops “under $20,000” pricing after Trump administration ends federal EV tax credit

Slate Auto, the electric vehicle startup backed by Jeff Bezos, has stopped promoting that its upcoming pickup truck will start “under $20,000” following passage of President Trump’s tax cut bill. The bill, which is expected to be signed into law by Trump on July 4, will cause the federal EV tax credit to end in September — a $7,500 incentive that Slate had counted to help its all-electric pickup to clear that mark. When Slate came out of stealth mode in April, the startup heavily promoted that

TechCrunch All Stage brings back early launch prices for a limited time

We’re almost there, and ticket rates have officially rolled back with savings of up to $425. TechCrunch All Stage, the founder summit of the year, is just around the corner. On July 15, Boston becomes startup central. Are you ready to gain the insights and strategies you need to launch or scale? Now’s the moment For a limited time, we’ve brought back early launch pricing. Founders pay just $155. Investors, only $250. These are the lowest rates you’ll see before the doors open at SoWa Power St

Terra CO2 cements $124M Series B to slash concrete’s carbon footprint

Concrete has been around for millennia, but Terra CO2 thinks it has a better way to make the ubiquitous building material, and investors appear to agree. The Golden, Colorado-based startup recently closed a $124.5 million Series B to help bring its low-carbon cement replacement to market. Cement — the stuff that binds aggregate together to form concrete — weighs heavily on the climate. The CO 2 released by the chemical reaction that makes Portland cement, the most common type of cement, and th

Congress just greenlit a NASA moon plan opposed by Musk and Isaacman

Legacy aerospace giants scored a win Tuesday when the U.S. Senate passed President Trump’s budget reconciliation bill that earmarks billions more for NASA’s flagship Artemis program. The $10 billion addition to the Artemis architecture, which includes funding for additional Space Launch System rockets and an orbiting station around the moon called Gateway, is a rebuke to critics who wished to see alternative technologies used instead. Among those critics are SpaceX CEO Elon Musk and billionaire

Nothing releases its first over-the-ear headphones, the $299 Headphone (1)

London-based smartphone maker Nothing has launched its first over-the-ear headphones, the Headphone (1). The new device follows Nothing’s first step into audio hardware with last year’s debut of the Ear 2 open-ear headphones. The new Headphone (1) headphones were designed in collaboration with British audio brand KEF and feature the sleek, transparent design that Nothing has become known for. The device itself is a bit bulky, even for an over-the-ear headphone, but it provides adequate adaptive

Genesis AI launches with $105M seed funding from Eclipse, Khosla to build AI models for robots

Genesis AI, a startup that aims to build a foundational model for powering all kinds of robots, has emerged from stealth with a giant $105 million seed round co-led by Eclipse Ventures and Khosla Ventures. Founded last December by Zhou Xian (pictured above, left), a Ph.D. in robotics from Carnegie Mellon University, and Théophile Gervet, a former research scientist with the French AI lab Mistral, the startup wants to build a general-purpose model that will enable robots to automate a wide range

Next-gen procurement platform Levelpath nabs $55M

Levelpath, a procurement software startup founded by the duo behind Scout RFP, has raised $55 million in Series B funding led by Battery Ventures as the company looks to quadruple its revenue this year. The funding round also saw participation from existing investors, including Benchmark, which led Levelpath’s $14.5 million seed round, and Redpoint, the lead investor in the $30 million Series A round announced in 2023. The startup was founded by Stan Garber and Alex Yakubovich (pictured right)

Rob Biederman will help founders rethink how to scale at TechCrunch All Stage 2025

If you’re a founder looking to grow your startup, chances are you’re wrestling with more than just product or capital. Talent, scale, and smart execution are the real battlegrounds. That’s exactly what TechCrunch All Stage 2025 is built to address on July 15 at Boston’s SoWa Power Station. Rob Biederman, managing partner at Asymmetric Capital Partners and one of the sharpest minds in talent, tech, and scaling strategy, will share his insights in a roundtable session. This is THE place where you

Jesse Draper’s Halogen Ventures closes $30M Fund III to focus on ‘future of family’

In Brief Halogen Ventures closed a $30 million Fund III to invest in early-stage startups building in the “future of family,” as reported first by Fortune. The firm was founded in 2015 by Jesse Draper, the daughter of famed venture capitalist Tim Draper. She explained to Fortune that the fund will focus on the physical and financial health of households. Startups in the care economy have received more investor interest in the past few years after the pandemic, which exacerbated childcare and

TechCrunch All Stage 2025 welcomes Boldstart partner Ellen Chisa to talk early-stage enterprise bets

We’re thrilled to announce that Ellen Chisa, partner at Boldstart Ventures, will be joining us at TechCrunch All Stage 2025 for an energizing conversation about investing in enterprise startups from day one. She’s one of the standout voices shaping this year’s lineup of founders, funders, and operators gathering July 15 in Boston’s SoWa Power Station, and you won’t want to miss what she brings to the table. All Stage is where startup builders get real answers to real questions — from how to rai

Rollback rates: TechCrunch All Stage brings back early launch prices for a limited time

We’re almost there, and ticket rates have officially rolled back with savings of up to $425. TechCrunch All Stage, the founder summit of the year, is just around the corner. On July 15, Boston becomes startup central. Are you ready to gain the insights and strategies you need to launch or scale? Now’s the moment For a limited time, we’ve brought back early launch pricing. Founders pay just $155. Investors, only $250. These are the lowest rates you’ll see before the doors open at SoWa Power St

German data protection official wants Apple, Google to remove DeepSeek from the country’s app stores

In Brief A German data protection official has reported Chinese AI app DeepSeek to Apple and Google, saying the app transfers users’ information to China illegally. Meike Kamp, Berlin’s Commissioner for data protection and freedom of information, told the companies that DeepSeek did not provide “convincing evidence” that users’ data was protected as required by EU laws. “Chinese authorities have far-reaching access rights to personal data within the sphere of influence of Chinese companies,”

OpenAI hires team behind AI recommendation startup Crossing Minds

Crossing Minds, a startup that provides AI recommendation systems to e-commerce businesses, said on Thursday that its team is joining OpenAI. The startup was backed by Index Ventures, Shopify, Plug and Play, and Radical Ventures, and had raised more than $13.5 million across multiple rounds, according to Crunchbase. Crossing Minds largely worked with e-commerce companies to improve their personalization and recommendation systems. The company claims it studies customers’ on-site behavior data

At TechCrunch All Stage, Jahanvi Sardana shares how top startups reshape markets

TechCrunch All Stage — the ultimate founder summit — is shaping up to be a powerhouse event where 1,200 founders and VCs across all stages will come together to forge meaningful connections and gain practical insights they can immediately apply to scale their startups. Join us on July 15 at SoWa Power Station in Boston and be part of the conversation with scaling experts. And now is the best time to register to attend. For a limited time, we’re bringing Investor Passes to just $250 and Founder

TechCrunch All Stage: Learn how AI can supercharge your MVPs with Chris Gardner

TechCrunch All Stage, our big event for founders of startups at all stages of funding (see what we did there?), is coming up July 15 at Boston’s SoWa Power Station. And it’s our pleasure to announce that Underscore VC’s investing partner Chris Gardner will join a loaded lineup of speakers by leading a breakout session titled “MVP in the Age of AI: When to Bot and When to Not.” Spoiler: Expect to learn a lot about using AI for minimum viable products. And for for a very limited time, we’re launc

Windows killed the Blue Screen of Death

You’re laughing. Windows killed the Blue Screen of Death and you’re laughing. Yes, the iconic Windows error screen is getting a makeover nearly 40 years after its debut in the first version of Windows. Now, the Blue Screen of Death (BSOD) will become the Black Screen of Death (BSOD). This change is related to other updates that Windows is making in the wake of the CrowdStrike outage last year, which affected 8.5 million Windows devices and took businesses, airports, TV stations, and government

Kalshi closes $185M round as rival Polymarket reportedly seeks $200M

Kalshi just raised a $185 million round, led by crypto-focused VC firm Paradigm, bringing the company’s valuation to $2 billion post-money, representatives from Paradigm and Kalshi confirmed to TechCrunch. “Prediction markets remind me of crypto 15 years ago: a new asset class on a path to trillions,” Matt Huang, co-founder and managing partner at Paradigm, told TechCrunch in an emailed statement. “There’s no better team than Kalshi to scale prediction markets and reshape how people think about