The founder conference built for growth: TechCrunch Founder Summit pass rates increase June 26
Save up to $190 on your pass to TechCrunch Founder Summit 2026 by June 26, 11:59 p.m. PT. Designed for founders first on November 4 in Boston. Register here.
Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’
The company is also eliminating a production shift at its Arizona factory to align “production plans with anticipated demand.”
Seedcamp raises $320M for its new fund to expand its US footprint
After 18 years of focusing on Europe, early-stage investor Seedcamp said that it has raised $320 million for its latest fund which will see it expanding its presence in the United States.
Klue hack results in data breach at several cybersecurity firms
Huntress, HackerOne, Jamf, Recorded Future, and Tanium are among the cybersecurity companies that had data stolen following an earlier breach at market research firm Klue.