A $500 million term sheet in 12 hours: how Rippling struck a deal as SVB was melting down

March 17, 2023

As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad he has nearly seen it all. Or so he might have thought until last week. Certainly, he never imagined a run on Silicon Valley Bank that so abruptly upended the operations of Rippling, his six-year-old workforce management company, that it would […]

A $500 million term sheet in 12 hours: how Rippling struck a deal as SVB was melting down by Connie Loizos originally published on TechCrunch

Strangeworks might be the first startup to rely on AI to create everything it brought to SXSW

March 17, 2023

It’s a very modern conjurer’s trick: Create an SXSW talk out of thin air, with the help of generative AI. That’s what whurley did this year in Austin. It took nine weeks for whurley — a staple of the Austin tech scene — to create and prepare for a keynote at SXSW 2018, where he […]

Strangeworks might be the first startup to rely on AI to create everything it brought to SXSW by Kirsten Korosec originally published on TechCrunch

Elemental aims to pump $43M into climate startups with ‘deep community impact’

March 17, 2023

Elemental Excelerator, a nonprofit investor in climate-tech startups including BlocPower and ChargerHelp, says it’s “doubling down” in the wake of Silicon Valley Bank‘s collapse. Elemental intends to pump $43 million more into climate-tech startups — $13 million of which will be set aside for its twelfth accelerator program, beginning in October. The investor hasn’t secured all of […]

Elemental aims to pump $43M into climate startups with ‘deep community impact’ by Harri Weber originally published on TechCrunch