Q&A with outgoing Y Combinator President Geoff Ralston on his decision to leave the accelerator, its investing capital sources, the market slowdown, and more (Connie Loizos/TechCrunch)

Connie Loizos / TechCrunch:
Cloudflare says Greylock, Bessemer, and other VC firms have collectively offered to invest up to $1.25B in startups that use its serverless computing platform  —  Cloudflare, the security, performance and reliability company that went public three years ago, said this morning …

Connie Loizos / TechCrunch:
Verkada, a security-focused IoT devices maker that has faced lax data security and toxic workplace allegations, raised a $205M Series D at a $3.2B valuation  —  Verkada, a six-year-old, maker of building security tools and tech for companies — it sells them a package of video security cameras …

TechCrunch:
Despite the recent downturn in the cryptocurrency market, Y Combinator’s Summer 2022 batch has 30 crypto startups, up from 25 in its Winter 2022 batch  —  Crypto and web3 stands out in the Summer 2022 batch  —  Crypto founders have heard the saying a thousand times in the past few months …

Kyle Bradshaw / 9to5Google:
Q&A with Chris McKillop, former director of engineering for Google’s Fuchsia project, on the past, present, and future of the OS, failures of Nexus Q, and more  —  The former director of engineering for Google’s Fuchsia project, Chris McKillop, has shared with us some insights …

Kyle Wiggers / TechCrunch:
Israel-based NeuReality, which is developing cost-effective AI inferencing chips and software, raised a $35M Series A led by Samsung Ventures and others  —  The growing demand for AI, particularly generative AI (i.e., AI that generates images, text and more), is supercharging the AI inferencing chip market.

Catherine Shu / TechCrunch:
Singapore-based Pillow, which helps users in emerging markets save, spend, and invest in cryptocurrency, raised an $18M Series A led by Accel and Quona Capital  —  Pillow aspires to be an all-in-one platform that helps even newbie users save, spend and invest in crypto currency.