TechCrunch+ roundup: SaaS burn multiples, 8 fintech VCs spill the tea, all my apes gone

Despite the ongoing correction in the public markets, mass layoffs in the tech sector and high inflation, U.S. Treasury Secretary Janet Yellen says we’re not yet in a recession.... Read more »

Clearco cuts 25% of staff, considers ‘strategic options’ for international operations

Clearco, a Toronto-based fintech capital provider for online companies, tells TechCrunch that it has laid off 125 people, or 25% of its entire staff. Those impacted will receive severance... Read more »

Application deadline extended for the Startup Battlefield 200

Here’s an exciting reprieve for time-strapped or procrastination-prone early-stage startup founders. We’re extending the application deadline for the Startup Battlefield 200! Take your shot at joining this elite group... Read more »

A startup is charging $1.99 for strings of text to feed to DALL-E 2

Figuring out the right text prompts to yield the best results with AI systems like OpenAI’s DALL-E 2 has become a science in its own right. Now a startup... Read more »

Will Volkswagen’s new CEO hamstring its EV push?

Volkswagen dropped a bombshell announcement late last week: Herbert Diess was out as CEO. As a manager, Diess was controversial, with a style that chafed both executives and labor... Read more »

Kompliant secures $14M to help companies tackle financial compliance challenges

Kompliant, a startup delivering an “AI-driven” business onboarding and risk scoring platform, today announced that it raised $14 million in a seed round led by Level One Fund with... Read more »

HBO Max and Hulu will share custody of Emmy-nominated series ‘Abbott Elementary’

In a bit of an unusual agreement, Warner Bros. Discovery announced that HBO Max will have joint streaming custody of the comedy series “Abbott Elementary” with Disney+’s sister streaming... Read more »

How the problem of hiring healthcare staff has become a fertile ground for startups

The healthcare crisis — more evident now as summer heatwaves put pressure on hospitals — is resulting in a staffing boom. But healthcare professionals in Europe can end up... Read more »

NASA lunar payload service provider Masten Space Systems begins bankruptcy process

Masten Space Systems began the process of filing for bankruptcy on Thursday, telling a Delaware court that it owed millions in liabilities to companies including SpaceX, Astrobotic, NuSpace and... Read more »

Polymath Robotics launches to bring plug-and-play autonomy software to any industrial vehicle

“Robots suck.” It’s a bold declaration for a startup founder aiming to work with robots — or more accurately, the software that helps turn a tractor, tiller or forklift... Read more »
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