If seed valuations continue to rise while later-stage prices dip, how long will it be until the climb from seed to Series A sees startups losing value?
Are rising seed-stage valuations a poisoned gift for startups? by Anna Heim originally published on TechCrunch
Virgin Orbit may have found a buyer for some of its assets in hypersonic flight company Stratolaunch, according to new court filings. Stratolaunch submitted a $17 million bid for some assets, including the modified Boeing 747 aircraft “Cosmic Girl,” in a so-called stalking horse bid. Stalking horse bids set the minimum floor price for the […]
Stratolaunch submits $17M bid for some of Virgin Orbit’s assets by Aria Alamalhodaei originally published on TechCrunch
Former investors of food delivery startup Freshly are suing Nestlé USA, which acquired the company in 2020 for up to $1.5 billion. The shareholders allege that Nestlé failed to make earnout payments to Freshly shareholders pursuant to the merger agreement, according to Law.com. Per that agreement, as reported by TechCrunch at the time of the acquisition, […]
Freshly shareholders, including Insight Partners, sue Nestlé for ‘failing to make earnout payments’ by Mary Ann Azevedo originally published on TechCrunch
Several years ago, The New York Times acquired audio journalism app Audm with the goal of using it as the basis of its own audio product. Today, the media company is unveiling the result of that work with the official debut of New York Times Audio — a new mobile app that combines the publication’s […]
Years after its Audm acquisition, The New York Times launches its own audio app by Sarah Perez originally published on TechCrunch
Varda Space Industries, the in-space manufacturing startup that wants to revolutionize the production of pharmaceuticals, semiconductors, and more, is in the process of raising $25 million in new capital that would put its valuation at around $500 million after investment, according to documents viewed by TechCrunch. The fundraising comes at a crucial time for Varda, which is preparing to send […]
Varda Space raising new tranche of funding at $500M post-money valuation by Aria Alamalhodaei originally published on TechCrunch
Here’s the problem: the planet is burning, and there’s not much we can do about it. Forests are in peril not just because of the ravages of climate change, but because the industries that support them remain traditional and under-resourced. Mast Reforestation is building a tech-forward forest-as-a-service company that vastly simplifies and accelerates the process […]
From root to crown, Mast Reforestation is regrowing the tree economy for the 21st century by Devin Coldewey originally published on TechCrunch