Others

After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO

February 19, 2025

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a new SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook.  […]

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Brand new women’s focused Swizzle Ventures skyrockets past its fundraising target

February 19, 2025

Swizzle Ventures has closed its Fund I at $6.6 million, bypassing its initial $3 million target, Jessica Kamada, the firm’s founder, told TechCrunch.  Back in December, TechCrunch previously reported that the firm, which quietly launched in 2023, was raising and has already bypassed $5 million, per its SEC filing. The thesis of Fund I will […]

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Mark Zuckerberg’s charity U-turns, ends DEI efforts 

February 19, 2025

Mark Zuckerberg’s charity has eliminated its DEI programs and efforts just weeks after assuring staff it would continue supporting DEI efforts, the Guardian reports.  The Chan-Zuckerberg Initiative (CZI), co-founded by Zuckerberg and his wife Priscilla Chan, will end internal DEI programs and no longer provide “social advocacy funding,” which provided grants for racial equity and […]

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IVF insurance startup Future Family promises a baby or your money back

February 19, 2025

For decades, couples going through in vitro fertilization have had to spend tens of thousands of dollars on the procedures with no guarantee of success. It’s not only an emotionally draining process, but a financially exhausting one as well. San Francisco-based startup Future Family wants to help ease some of that burden for couples with […]

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This Week in AI: Maybe we should ignore AI benchmarks for now

February 19, 2025

Welcome to TechCrunch’s regular AI newsletter! We’re going on hiatus for a bit, but you can find all our AI coverage, including my columns, our daily analysis, and breaking news stories, at TechCrunch. If you want those stories and much more in your inbox every day, sign up for our daily newsletters here. This week, billionaire […]

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