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Showing posts from August, 2021

Here are all the companies from Y Combinator’s Summer 2021 Demo Day, Part 1

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Today Y Combinator kicked off the Demo Day cycle for its Summer 2021 cohort. The collection of early-stage startups on day one-of-two alone numbered in the hundreds, meaning that we had to assemble a team here at TechCrunch just to cover it all. But before we get into notes on each company that presented, a few notes on the cohort itself. Per Y Combinator leadership, the 377 (!) startups in this cohort have founders from 47 different countries, and 37% of the founders in this cohort were from underrepresented groups (which YC’s Michael Seibel says the accelerator defines as Black, Latinx or female.) The international breakdown of the batch parallels that of this past winter. Nearly 50% of YC startups are based outside of the United States, with India, U.K. and Mexico making up the largest part of that percentage. What follows is a list of the 180+ companies in the order that they pitched, and our notes on each pitch. TechCrunch will follow up this post with a list of our favorites.

Daily Crunch: Databricks reaches $38B billion valuation with $1.6B Series H

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To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here . Hello and welcome to Daily Crunch for August 31, 2021. Today the TechCrunch machine was busy covering the first day of Y Combinator’s Demo Day event, so expect to see all sorts of coverage on the site after this hits your inbox. We’ll bring you a recap in tomorrow’s edition, though we do have a first taste down below. In Disrupt news, TechCrunch is bringing an AI investor and a science-fiction author together and will have lots on deck for startups currently raising external capital . — Alex Kai-Fu Lee and Chen Qiufan will share their vision of our AI-powered future at Disrupt The TechCrunch Top 3 Databricks is now worth $38B: Data and AI unicorn Databricks confirmed its previously reported financing event today, raising $1.6 billion at a $38 billion valuation. TechCrunch spoke with the company’s CEO about what the money’s for, and we dug a