Startups News
Defense Tech Darling Mach Industries Valued at $1.8B
Mach Industries, a defense technology startup, has secured $300 million in new funding, catapulting its valuation to $1.8 billion. This marks a significant fourfold increase in just one year for the young company.
Playstack Publisher Acquired by Integrated Media Company
Integrated Media Company, known for its ownership of Fandom, Gamespot, and Metacritic, has announced its acquisition of Playstack, the publisher behind the popular game Balatro. This move signals a potential shift in the gaming industry's landscape.
Last Chance for TechCrunch Disrupt 2026 Early Bird Tickets
Tech enthusiasts have until tonight at 11:59 p.m. PT to secure discounted Early Bird tickets for TechCrunch Disrupt 2026. This is the final opportunity to save up to $410 before prices go up.
Rockstar Games Developers Form First Union
Employees at Rockstar Games, the studio behind Grand Theft Auto, have officially announced the formation of their first union. This move marks a significant step for labor organizing within the major video game development industry.
Remote Hits $300M ARR, Boosts Revenue Per Employee with AI
Payroll startup Remote has achieved a significant milestone, surpassing $300 million in annual recurring revenue (ARR) and reaching cash-flow positivity. This impressive growth was fueled by a 50% surge in revenue per employee, largely attributed to the strategic adoption of AI technologies.
Last Chance for TechCrunch Disrupt 2026 Early Bird Tickets
TechCrunch is reminding potential attendees that early bird ticket prices for its flagship Disrupt 2026 conference will increase soon. The discounted pricing window closes on May 29th at 11:59 p.m. PT.
Airbnb-Backed WeRoad Secures $58M for US Group Travel Expansion
WeRoad, a startup focused on group travel experiences, has successfully closed a $58 million Series C funding round, with Airbnb leading the investment. This significant capital infusion is earmarked for the company's ambitious expansion into the United States market.
Bungie Hit By Layoffs, Destiny 3 Development Stalled
Video game developer Bungie is reportedly undergoing significant layoffs, impacting its workforce and potentially stalling the development of future projects like Destiny 3. The news comes as the studio navigates internal challenges.
SpaceX IPO Filing Reveals Interconnected Musk Empire
SpaceX's recent IPO filing offers a deep dive into the company's operations and its intricate relationship with other Elon Musk ventures. The extensive documentation highlights significant interdependencies and financial flows between SpaceX, Tesla, xAI, and other Musk-led entities.
SpaceX Files for IPO, Aiming for Record-Breaking Public Offering
SpaceX has formally filed its S-1 prospectus with the SEC, signaling its intention to go public on the Nasdaq under the ticker SPCX. This move could potentially lead to the largest initial public offering in history.
SpaceX Reportedly Eyes Public Offering as Early as June
SpaceX is reportedly preparing for a potential public offering, with an initial announcement possibly coming as soon as next Wednesday. This move would mark a significant step for the private space exploration company.
RJ Scaringe's Startups Attract Over $12 Billion in Funding
RJ Scaringe, the visionary behind several ambitious ventures, has successfully raised an impressive sum exceeding $12 billion across his various startup endeavors. Despite the substantial capital secured, investor appetite for his projects reportedly remains strong.
Meridian Ventures Launches $35M Fund for MBA-Deferred Founders
Venture firm Meridian Ventures has announced a new $35 million fund aimed at supporting early-stage startups founded by individuals who have deferred their MBA programs. This initiative seeks to capture the entrepreneurial spirit of aspiring business leaders before they fully commit to traditional academic paths.
Kevin Hartz Closes Third Fund with $450M for Startups
Kevin Hartz's firm has successfully closed its third venture fund, securing $450 million. This new capital will be deployed to support a diverse range of early-stage startups.
Lime Files for IPO: Can the Scooter Giant Go Public Profitably?
Electric scooter rental company Lime has officially filed for an initial public offering (IPO). The company, which operates in over 230 cities globally, is aiming to become a publicly traded entity despite not yet achieving profitability.
Xbox Studio Double Fine Workers Unionize
Employees at Xbox-owned studio Double Fine, known for games like Psychonauts, have officially formed a union. The group is organizing with the Communications Workers of America (CWA).
San Francisco Tech Boom Fuels Housing Market Frenzy
San Francisco's housing market is experiencing unprecedented price surges, driven by the immense wealth generated by the city's thriving tech sector. Employees of top private tech companies are reportedly cashing out significant fortunes, directly impacting real estate values.
Robinhood's Venture Fund Attracts 150K Retail Investors
Robinhood CEO Vlad Tenev announced that its new venture fund has garnered over 150,000 retail investors. The fund provides access to pre-IPO tech companies.
GameStop Reportedly Eyeing eBay Acquisition
Struggling retailer GameStop is reportedly preparing an offer to acquire online marketplace eBay. The potential deal, if it materializes, could signal a significant shift in GameStop's strategy as it looks to diversify beyond its traditional video game sales.
Spirit Airlines Ceases Operations After 34 Years
Ultra-low-cost carrier Spirit Airlines has ceased all operations after 34 years in business, canceling all flights early Saturday morning. The airline's website now redirects to a restructuring domain, advising passengers not to go to the airport.