initialized capital

When you look at how generative AI is being implemented across developer tools, the focus for the most part has been on generating code, as with GitHub Copilot. Greptile, an…

Greptile raises $4M to build an AI-fueled code base expert

Space startup Basalt Technologies started in a shed behind a Los Angeles dentist’s office, but things have escalated quickly: Soon it will try to “hack” a derelict satellite and install…

Basalt plans to ‘hack’ a defunct satellite to install its space-specific OS

Autonomous systems have become essential to military operations around the world, but there’s almost no infrastructure available to unify these systems at scale. As a result, operators in the field…

Picogrid scores new funding to connect the military’s stovepipe systems

Stellar Sleep’s mobile app taps into psychological methods to help users break the cycle of those frequent nights awake.

Stellar Sleep app gets initial funding to awaken root cause of chronic insomnia in users

Tanda offers a peer-to-peer savings and lending network to small businesses as a way to retain employees, reduce turnover and minimize burnout.

Meet Tanda, your friendly neighborhood savings, lending network

Lucas Ochoa and Gautam Bose were hired together out of college at Google Creative Lab, Google’s tech and culture incubator, and spent three and a half years launching products like…

Y Combinator-backed Automat turns videos into workflow automations

Long before people were talking about ChatGPT and generative AI, companies like Datasaur were dealing with the nuts and bolts of building machine learning models, helping label things to train…

Datasaur lets you build a model automatically from a set of labels

Siqi Chen, the former president of Sandbox VR, the brick-and-mortar VR experience franchise, didn’t always have a strong grasp of finance. And it’s something he felt self-conscious about. “I’ve always…

Runway lands $27.5M to streamline financial planning for businesses

Several years ago, Noah Stanford teamed up with Michael Melone to found 0pass, a startup that aims to make it easier for companies to replace usernames and passwords with biometrics,…

Y Combinator-backed 0pass seeks to replace passwords in the enterprise

PermitFlow has software for developers and general contractors to streamline the construction permit application and management processes.

PermitFlow advances construction permitting automation with $5.5M in new capital

Simple HealthKit provides at-home and in-clinic diagnostics, performs its own testing and telehealth services and works with pharmacy partners for treatment and follow-up care.

Simple HealthKit is taking on health equity with at-home diagnostics, treatment

As the weather gets hot and dry, things get a little bit tense these days. While it’s been possible for humans to be on the lookout for fires (there are…

Pano has a burning desire to apply AI smarts to wildfire detection

Featured Article

Garry Tan’s return is a full circle moment for Y Combinator

Initialized Capital was venture capitalist Garry Tan’s answer to a need first highlighted by Y Combinator. As a partner at the accelerator from 2010 to 2015, Tan spent time working with companies to better understand what they needed from investors after they graduated. “I literally built the seed fund that…

Garry Tan’s return is a full circle moment for Y Combinator

Initialized Capital founder Garry Tan will become president and CEO of Y Combinator next year, the two organizations announced today. Tan will be taking over the role from Geoff Ralston,…

Garry Tan is the next president and CEO of Y Combinator

Featured Article

Investment clubs are cool again, and maybe community is, too

The rise of group investing is just as much about culture as it is about cash.

Investment clubs are cool again, and maybe community is, too

Featured Article

This freshly funded startup spun out of a student-run Stanford investment club

In late 2020, a group of Stanford students banded together to create Stanford 2020, a venture fund solely to invest in their fellow classmates’ ventures. Given the school’s past in spinning out successful startup founders, it unsurprisingly had no trouble raising $1.5 million for the debut investment vehicle — waitlist…

This freshly funded startup spun out of a student-run Stanford investment club

Welcome back to Chain Reaction. Last week, we talked about a hack that gave new, ironic meaning to the word “trustless.” This week, we’ll get…

Why Twitter anons are sending crypto to celebrities

Can AI automate enterprise decision-making? It’s an exceptionally broad and challenging task — assuming it’s within the realm of possibility. But that’s what startup Arena claims to do, fueled by…

Arena raises money from Peter Thiel and David Petraeus for its decision-making AI

We asked eight fintech investors: How popular are extension rounds proving? Are you seeing more companies opt to raise extensions rather than new rounds compared to, say, 2021 and 2020?

How fintech startups are navigating the extension-round rush

The company’s ice cream mix is the base for Smashburger’s new non-dairy milkshakes, representing “the first nationally available non-dairy milkshakes at a fast-casual restaurant chain.”

Eclipse Foods isn’t out to substitute dairy — it’s on a mission to replace it

Today, TechCrunch is virtually hosting TC City Spotlight: Columbus — an event shining a spotlight on the innovation, investment and entrepreneurship in the region. The event will feature panels highlighting…

Announcing the startups pitching at the TC City Spotlight: Columbus pitch-off

Although we’ve long understood that asteroids are not simply the rubble of the universe, but potentially profitable stores of precious minerals, humanity has never been able to unlock this value.…

Astroforge raises $13M seed round for asteroid mining ambitions

TechCrunch Live is hosting a special event centered around Columbus, Ohio, and we’re looking for startups to compete for a spot in the Battlefield 200. The virtual event kicks off…

Columbus startups: Pitch at TechCrunch Live’s Columbus event!

Paper, a crypto-focused payments processing company launched in February, closed a $7.3 million seed round after a $2 million angel investment for a total of $9.3 million in fresh capital.

Polygon among $9.3M investment in Paper to help onboard NFT buyers via email

Clipboard Health, an app-based marketplace that matches nurses with open shifts at nearby healthcare facilities, today announced that it raised $80 million over two unannounced rounds, a $50 million Series…

Clipboard Health, which matches health workers with facilities, raises $80M

Amazon rules the roost when it comes to e-commerce, not just because of its size but because of how it uses that to amass large amounts information that it in…

Depict.ai raises $17M to give e-commerce sites Amazon-level product recommendation muscle

The upcoming tax season is likely to prove particularly complex for crypto investors, many of whom will be paying taxes on their crypto holdings for the first time ever. In…

Crypto investors have 1099 problems, but CoinTracker helps make sure filing taxes isn’t one

The company’s email production tool essentially takes the tips and tricks from people designing email well and makes it widely accessible.

Dyspatch helps companies create emails you’ll actually want to open

A major Senate bill that would prevent tech companies from giving preference to their own products and services just passed a significant hurdle in Congress, bringing it one step closer…

The first big tech antitrust bill lumbers toward reality

Routefusion co-founders Colton Seal and Richard Scappaticci attempted to launch a neobank in 2016, but they ran into significant hurdles when trying to integrate with banks to help their customers…

Routefusion raises $10.5M round to simplify cross-border payments