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  3. Newchip Enters Into Bankruptcy Liquidation - SiliconHills

    WebMay 13, 2023 · By Laura Lorek, publisher and senior writer of Silicon Hills News Newchip entered into bankruptcy liquidation last week. The Austin-based company rebranded as Astralabs, doing business as Newchip

  4. People also ask
    What happened to newchip?"It's with a heavy heart that I announce the closure of Newchip today,” founder and CEO Andrew Ryan posted to LinkedIn, along with a lengthy explanation. The company, legally known as AstraLabs Inc., has been dealing with a Chapter 11 bankruptcy business reorganization case that started on March 17.
    Who are newchip founders?The Austin-based company was founded in 2016 by Ryan, Nihar Patel and Travis Brodeen and has operated a virtual incubator and accelerator to help early-stage founders grow their businesses. Newchip raised $7.9 million across several rounds of venture funding, including a $250,000 round in February this year, according to Crunchbase.
    What happened to newchip & astralabs?Newchip, operating under Astralabs, filed for Chapter 11 bankruptcy in March, revealing that it had just $1.7 million in assets compared to $4.8 million in liabilities. Last week, a bankruptcy judge ended up converting the case to Chapter 7 liquidation.
    How did newchip start?Newchip initially started out, according to Silicon Hills News, “as an aggregator of top deals from various equity-based crowdfunding platforms,” and later evolved into its current accelerator model.
  5. Austin startup accelerator Newchip collapses - Local Business News

  6. ASTRALABS Under Andrew Ryan's Leadership Prevails in Final …

  7. ASTRALABS Under Andrew Ryan's Leadership Prevails in Final …

  8. Newchip Accelerator Hires Seasoned Startup Executive, Ryan …

  9. AI Dynamics Joins Newchip’s Global Series A Accelerator Program

  10. Newchip's bankruptcy is a cautionary tale for founders

  11. Newchip Accelerator Hires Seasoned Startup Executive, Ryan …

  12. ASTRALABS Raises $100,000 in First 6 Hours - PR Newswire

  13. Fiteo Chosen for Newchip’s Intensive Global Pre-Seed …

  14. Rising from the Newchip Disruption: JazzJune Charts a New …

  15. Alumnus named president of Newchip Accelerator | Today at …

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  18. U.S. Awards $120 Million to Polar Semiconductor to Expand Chip …

  19. Ampere Computing pairs with Qualcomm on AI, unveils new chip

  20. Simi valley News - ABC7 Los Angeles

  21. Simi Valley | Ventura County Star

  22. STAPr Chosen for Newchip’s Intensive Global Pre-Seed …

  23. Is it time to buy Arm stock? - The Motley Fool

  24. Creators Legal Chosen for Newchip's Seed-Stage Global …

  25. Apple unveils new iPad Pro with ‘outrageously powerful’ AI ... - CNN

  26. Apple unveils stunning new iPad Pro with M4 chip and Apple …

  27. Two people shot Monday night in Simi Valley, self ... - News …

  28. Teen died from eating a spicy chip as part of social media …

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  30. Apple introduces M4 chip - Apple

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