Technology

Fintech startup Clear Street raises $270M at a $2B valuation

April 11, 2023

Clear Street, which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding round at a $2 billion valuation. Growth equity firm Prysm Capital led the financing, which brings the round total to $435 million. New York-based Clear Street raised the first tranche […]

Fintech startup Clear Street raises $270M at a $2B valuation by Mary Ann Azevedo originally published on TechCrunch

The Download: heat-storing bricks, and using AI to understand history

April 11, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. The hottest new climate technology is bricks Heavy industries generate about a quarter of worldwide emissions, and alternative power sources can’t consistently generate the amount of heat that factories need to create their…

How AI is helping historians better understand our past

April 11, 2023
It’s an evening in 1531, in the city of Venice. In a printer’s workshop, an apprentice labors over the layout of a page that’s destined for an astronomy textbook—a dense line of type and a woodblock illustration of a cherubic head observing shapes moving through the cosmos, representing a lunar eclipse.  Like all aspects of…

Ex-Twitter CEO Agrawal, other execs sue firm over unpaid legal bills

April 11, 2023

Former Twitter employees, including ex-CEO Parag Agrawal, ex-legal head Vijaya Gadde, and ex-CFO Ned Segal, have sued the social network over alleged unpaid legal reimbursements. The lawsuit, filed in Delaware Chancery Court, alleged that Twitter has to pay over $1 million to the former executives for legal bills they incurred while at the company to […]

Ex-Twitter CEO Agrawal, other execs sue firm over unpaid legal bills by Ivan Mehta originally published on TechCrunch

Eclipse eclipses previous fundraises with a whopping $1.23 billion across two new funds

April 11, 2023

The market may be be tightening, but not for Eclipse Ventures, a Palo Alto-based venture firm that just raised $1.2 billion across two new funds. One fund, with $720 million in capital commitments will be invested in early-stage outfits, as well as companies that Eclipse itself incubates. The remaining $510 million will be funneled into […]

Eclipse eclipses previous fundraises with a whopping $1.23 billion across two new funds by Connie Loizos originally published on TechCrunch

Lightspeed fuels Indian workspace interiors platform OfficeBanao with 6M funding

April 10, 2023

OfficeBanao, an Indian startup offering a workspace interiors platform to businesses in the country, has raised $6 million in seed funding led by Lightspeed. In India’s competitive workspace interior market, traditional providers have long dominated the landscape, often requiring substantial investment of time and resources for clients to achieve their desired results. Furthermore, many of […]

Lightspeed fuels Indian workspace interiors platform OfficeBanao with 6M funding by Jagmeet Singh originally published on TechCrunch