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Meatable sinks its teeth into $35M to accelerate launch of its cultivated pork products

Venture capital funding to the cultivated meat industry has largely followed other industries in fewer investments made this year; however, there’s still movement in this sector yet. Here in the United States, cultivated meat companies saw regulatory doors open widely after the Food and Drug Administration cleared Upside Foods and Good Meat in June to …

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Meet with Samsung Next and other pivotal partners at TechCrunch Disrupt 2023

TechCrunch Disrupt 2023, which runs September 19–21 in San Francisco, is the startup world’s big tent. It draws founders, venture partners, CEOs, engineers, scientists, policy makers, researchers and entrepreneurs, product managers, CMOs, corporate M&A directors, MBA candidates and business developers who form the entire backbone of the startup ecosystem. The basic gist: It’s where startups …

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Taking another look at venture debt

Silicon Valley Bank’s nosedive has soured many on venture debt, and for early-stage companies, it bears being cautious. As an option for growth-stage companies with more predictable cash flow, however, things may be a little different. TechCrunch+ spoke with David Spreng, founder and CEO of Runway Growth Capital and author of “All Money Is Not …

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As spend management space heats up, Brex and Rho turn to AI startups to help power new products

The competition in the spend management space continues to intensify. Brex and Rho today each announced AI-powered/enabled accounts payables offerings. Their announcements coincidentally came out the same day competitor Ramp announced it had expanded into procurement — further evidence that the companies in the space are clamoring to not only meet customer demand but presumably …

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Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake

Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took place in recent days and Tiger Global, which has cashed most of its Flipkart shares earlier, overall made a return of $3.5 billion on an …

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If it hadn’t been for them meddlin’ kids

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. Not to get all GrumpyManYellsAtCloud.gif, but I’m getting pretty tired of the myth of the dropped-out-of-college founders. Investors — and the broader ecosystem — have known for a long time that while there are some high-profile outliers, it’s much easier …

If it hadn’t been for them meddlin’ kids Read More »

Andy McLoughlin of Uncork Capital on the firm’s new funds, succession, and why next year could be a bloodbath for many startups (sorry, startups)

A few weeks ago, Uncork Capital shared the news that it recently closed on $400 million in capital commitments across two new funds: $200 million for a seed-stage vehicle and another $200 million for an opportunity-style fund that mostly aims to support startups that are already part of its portfolio. The funds represent twice what …

Andy McLoughlin of Uncork Capital on the firm’s new funds, succession, and why next year could be a bloodbath for many startups (sorry, startups) Read More »

Kenya’s FarmWorks raises $4M pre-Series A funding

FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices, and angel investors also participated in the round that brought …

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Can Europe’s cannabis market avoid the US’ mistakes? Investors chime in

When it comes to Europe’s cannabis market, the biggest piece of news this year is what didn’t happen. Contrary to what a lot of people expected, Germany isn’t on the way to legalizing recreational use of marijuana. Instead, the EU’s most populated country watered down its law reform plans after liaising with regulators. Is Germany’s …

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