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Karius raises $165 million for its liquid biopsy technology identifying diseases with a blood draw

“What Karius is good at is identifying those novel microbes before they become an outbreak like coronavirus,” says Mickey Kertesz, a chief executive whose life sciences startup just hauled

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Shrunken unicorn Fair cancels car leasing to Uber drivers

When Fair laid off 40% of its staff in October, CEO Scott Painter promised it wasn’t shuttering leasing services to on-demand fleets. But just a week later, Painter was removed and replaced in the in

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Advocating reform, activist investor Elliott Management takes a $2.5B stake in SoftBank

The activist investment firm Elliott Management has steadily amassed a $2.5 billion stake in the headline-grabbing, Japanese technology conglomerate SoftBank even as a series of missteps battered the

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Layoffs hit another Softbank co as $3.2B Flexport cuts 50

Fearing weak fundraising options in the wake of the WeWork implosion, late stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80% of staff la

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As a top manager leaves amid fundraising woes, SoftBank’s vision looks dimmer — and schadenfreude abounds

Every once in a while, an organization implodes so fantastically that it’s hard in retrospect to understand why another outcome once seemed possible. With every passing day, SoftBank — w

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The robotic fry cook Flippy is getting a new look

Miso Robotics, the designers of the world’s most popular robotic fry cook “Flippy”, is giving their burger-flipping, french fry prepping robot a new look.The company has designed a n

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Startups Weekly: Tech layoffs spread (a bit)

Are January layoffs just a few post-WeWork jitters?TechCrunch has found itself writing about layoffs at a few notable tech companies this week — and not just Softbank-backed ones. The focus is very mu

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Kraftful raises $1M to help smart home companies make better apps

If a thousand companies make their own smart light bulb, do a thousand companies also have to design a light switch app to control them?Kraftful, a company out of Y Combinator’s Summer 2019 clas

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Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio

Layoffs in the technology and venture-backed worlds continued today, as 23andMe confirmed to CNBC that it laid off around 100 people, or about 14% of its formerly 700-person staff. The cuts would be n

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Bear Robotics, a company making robot waiters, just raised a $32 million round led by SoftBank

Back in August, we flagged a filing for you that we’d found interesting, one for a now 2.5-year-old, 40-person Redwood City, Calif.,-based startup called Bear Robotics that’s been developi

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Week in Review: The old Vision Fund heave-ho

Hey everyone, welcome back to Week in Review where I dive deep into a bit of news from the week or just share some thoughts and go over some of the more interesting stories of the week.If you’re

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Lucky coffee, unicorn stumbles and Sam Altman’s YC wager

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.This week we had TechCrunch’s Alex Wilhelm and Danny Crichton on