Month: January 2025

Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale

Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal.  The terms — and Divvy’s journey from

Raymond Tonsing’s Caffeinated Capital seeks $400M for fifth fund

Raymond Tonsing’s Caffeinated Capital seeks $400M for fifth fund Caffeinated Capital, a San Francisco venture firm started by a solo capitalist Raymond Tonsing, is raising a fifth fund of $400 million, according to a regulatory filing. The firm, an early investor in software company Airtable and defense startup Saronic, has

Ati Motors raises $20M as India’s robotics industry grows

Ati Motors raises $20M as India’s robotics industry grows Ati Motors, an Indian startup building AI-powered autonomous mobile robots, has raised $20 million in a Series B round. © 2024 TechCrunch. All rights reserved. For personal use only. Powered by WPeMatico https://techcrunch.com/2025/01/22/ati-motors-raises-20m-as-indias-robotics-industry-grows/

Microsoft’s head of venture has resigned

Microsoft’s head of venture has resigned Chris Young, Microsoft’s head of of business development and its venture unit, M12, resigned from his role on Wednesday, the company said. © 2024 TechCrunch. All rights reserved. For personal use only. Powered by WPeMatico https://techcrunch.com/2025/01/22/microsofts-head-of-venture-has-resigned/

Nearly 10 years later, Tumblr TV launches to all as a TikTok alternative

Nearly 10 years later, Tumblr TV launches to all as a TikTok alternative In 2015, the blogging site Tumblr launched a GIF discovery feature called Tumblr TV as an experimental product. Now, with the U.S. TikTok ban leaving the fate of the short-form video app uncertain, Tumblr has decided it’s

ABB acquires Sensorfact: a leap forward in industrial energy efficiency

ABB acquires Sensorfact: a leap forward in industrial energy efficiency ABB is acquiring Sensorfact — a fast-growing energy management company headquartered in Utrecht, Netherlands.  Established in 2017, Sensorfact offers a scalable SaaS solution that helps small and medium-sized enterprises use AI in their operations and energy management to lower costs and increase