The US Attorney for the Southern District of New York unsealed an indictment against Christine Hunsicker, charging her with wire fraud, securities fraud, money laundering, aggravated identity theft, and lying to financial institutions.
Diarrha N'Diaye-Mbaye, one of the first among the small number of Black women to raise more than $1 million in venture capital, hinted that one of the problems was tension between her and investors' expectations of a consumer retail business.
The British Business Bank, owned by the UK government, is creating a Β£500 million (around $674 million) economic package to help support diverse and underrepresented fund managers and founders in the country.Β Fifty million pounds will be set aside for female-led venture funds, which means the BBB has now committed at least Β£100 million (around [β¦]
Praxis Labs, a learning development platform, announced its acquisition on Thursday for an undisclosed amount by the leadership and coaching enterprise Torch.Β
With AI igniting an investor frenzy, every month, more startups obtain unicorn status. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies like Loft Orbital and blockchain-based trading site [β¦]
Apple CEO Tim Cook reportedly called Texas Gov. Greg Abbott to make changes to or veto a newly passed law in the state that would require the company to verify the ages of device owners, according to The Wall Street Journal. Abbott has yet to sign the bill. But Apple, alongside Google, has been working [β¦]
There is a new accounting software in town, coming in with a fresh $17.2 million raise and a desire to shake things up. The company, Filed, hopes to automate the grunt work. βThe tax industry is facing a genuine crisis,β Leroy Kerry, Filedβs co-founder CEO, told TechCrunch. Many CPAs are approaching retirement while a dwindling [β¦]
Prince Harry, Duke of Sussex, walked into the sunlit hotel conference room in Brooklyn on Thursday to meet with a dozen youth leaders working in tech safety, policy, and innovation. The young adults chatted away at black circular tables, many unaware of his presence until he plopped down at a table and started talking with [β¦]
Grace, an insurance company for luxury goods, announced on Wednesday a $6.4 million (β¬5.9 million) seed round led by FinTech Collective and Speedinvest.Β An insurance company for luxury goods, Grace works with luxury brands to protect purchased consumer goods. If an item is stolen or damaged, a consumer can create a claim through the Grace [β¦]