TechCrunch Startup News

When Hurricane Helene hit Asheville, North Carolina in September, the city’s police department reached out to public safety drone startup Paladin for help. The startup’s 30-member team jumped into action working nights and through the weekend to assist Asheville’s police department with locating people and dropping off supply. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Back in 2011, the world held its breath after the Fukushima Daiichi nuclear plant in Japan suffered a failure of its cooling systems, in the wake of the country getting hit by a 9.0 magnitude earthquake and tsunami. Learn more about your ad choices. Visit podcastchoices.com/adchoices

David Karandish has been busy. Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Storio, a French startup that’s focused on providing smart energy storage for commercial and industrial customers. Founded in 2023, the startup raised a €5 million seed round earlier this year (around $5.5 million at current exchange rates) and has signed its first client. Storio believes solar panels have a bright future. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The data center industry is expanding rapidly to keep up with the flywheel growth of AI. While these data centers are necessary AI infrastructure, they store an AI company’s compute, they are expensive to build, seemingly more so to run, and they are a huge energy suck. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Table Space is targeting a valuation of $2.5 billion or higher for an India IPO planned planned for 2025. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Peanut, a social networking app for women, is launching a new feature to help users track their pregnancies. The new Peanut Track tool leverages seven years of data from questions asked on the social network and uses AI to anticipate questions that women have during different stages of their pregnancy.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s hard to know where to focus when speaking to Christoph Kohstall. The contents of his packed Palo Alto garage compete for attention. To his immediate right stands a tower of electrical components, dotted with flashing lights. To his left is a workbench and the tops of machining tools. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stan Pozlowski, CEO of MI Laboratories, leads a startup transforming genomic data analysis. He unveils their innovative no-code platform that allows biologists to tackle big data without needing advanced tech skills. With a recent $10 million in Series A funding, they aim to enhance platform usability and foster community engagement. The conversation dives into the booming opportunities in genomic research driven by advances in DNA sequencing and the pressing need for efficient data processing solutions.

Monzo is now valued at $5.9 billion after the U.K.-based challenger bank announced a secondary market share sale to provide liquidity for its employees. The transaction saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. Learn more about your ad choices. Visit podcastchoices.com/adchoices