Investors are browsing for Chromium startups

Comment

Image Credits: AlexSecret / Getty Images

A few months ago, we declared that “browsers are interesting again,” thanks to increased competition among the major players. Now, as more startups are getting onboard, things are getting downright exciting.

A small but growing number of projects are building web browsers with a more specific type of user in mind. Whether that perceived user is prioritizing improved speed, organization or toolsets aligned with their workflow, entrepreneurs are building these projects with the assumption that Google’s one-size-fits-all approach with Chrome leaves plenty of users with a suboptimal experience.

Building a modern web browser from scratch isn’t the most feasible challenge for a small startup. Luckily open-source projects have enabled developers to build their evolved web browsers on the bones of the apps they aim to compete with. For browsers that are not Safari, Firefox, Chrome or a handful of others, Google’s Chromium open-source project has proven to be an invaluable asset.

Since Google first released Chrome in late 2008, the company has also been updating Chromium. The source code powers the Microsoft Edge and Opera web browsers, but also allows smaller developer teams to harness the power of Chrome when building their own apps.

These upstart browsers have generally sought to compete with the dominant powers on the privacy front, but as Chrome and Safari have begun shipping more features to help users manage how they are tracked online, entrepreneurs are widening their product ambitions to tackle usability upgrades.

Aiding these heightened ambitions is increased attention on custom browsers from investors. Mozilla co-founder Brendan Eich’s Brave has continued to scale, announcing last month they had 5 million daily active users of their privacy-centric browser.

Today, Thrive Capital’s Josh Miller spoke with TechCrunch about his project The Browser Company which has raised $5 million from some notable Silicon Valley operators. Other hot upstart efforts include Mighty, a subscription-based, remote-streamed Chrome startup from Mixpanel founder Suhail Doshi, and Blue Link Labs, a recent entrant that’s building a decentralized peer-to-peer browser called Beaker browser.

Mighty

As front-end developers have gotten more ambitious and web applications have gotten more complex, Chrome has earned the reputation of being quite the RAM hog.

Mighty is building a $20/month version of Google Chrome that is completely remote-rendered, streaming the app from a server farm, offloading a user’s memory-intensive and battery-consuming network of browser tabs in the process, allowing users to run 100 tabs without bogging down their CPUs. Doshi tells TechCrunch that the startup’s browser can decrease Chrome’s CPU usage by 10 times.

“This is a new kind of technology entirely and it’s really hard to build. It’s not a simple reskin of a browser or a couple new UI/UX flourishes that anyone can copy,” Doshi said in a text conversation. “Our focus is making a few users really happy and we’re getting very close to something we’ll start deploying widely. Probably within the next 6 months.”

Mighty’s tiny team of five has a small network of beta users onboard already. In its early releases, the startup is focusing heavily on optimizing for users of more complex workplace apps like design software Figma. The team hasn’t publicly shared early investors beyond Silicon Valley accelerator Y Combinator.

Beaker Browser

Blue Link Labs Founder Paul Frazee wants to build a browser for web hackers and enthusiasts in the decentralized computing space, enabling users to “own” the applications they use, remixing and tweaking web platforms to meet their needs.

His startup’s product, Beaker Browser, is a decentralized peer-to-peer web browser that is decidedly niche in its current scope, aiming to satiate users who want to be in charge of their own experience on the web. Frazee’s long-term goal is for the product to find mainstream appeal, though he admits the path to that goal isn’t something he has entirely figured out. The company released a public beta of the browser and a “reimagined” version of its protocol in May.

“We’re really looking for a way to have something that’s a little more user-driven, taking personal computing and bringing back the idea that everybody is running their own computer and running their own data and could interact with each other directly rather than doing it through middlemen,” Frazee told TechCrunch in an interview.

Frazee tells TechCrunch the Austin-based startup has raised just around $200,000 to date from angel investors, including Anaconda co-founder Peter Wang. The startup currently has three employees.

The Browser Company

Another browser startup gathering buzz is being built by the Obama White House’s former director of product Josh Miller. Today, we reported that his effort, called The Browser Company, has raised $5 million in funding thus far from investors that include Medium’s Ev Williams, LinkedIn’s Jeff Weiner, GitHub’s Jason Warner, Figma’s Dylan Field and the Slack Fund.

Chrome competitor, The Browser Company, quietly raises $5M

Miller is awfully coy about what The Browser Company is building exactly, an effort he says is to prevent competitors with more money and engineers from taking their ideas. What he does allude to is a browser that doesn’t treat the web as a big collection of documents and is “opinionated” on how users surf the web with their product.

“Our view is that everything is not the same. When you’re shopping, it’s not the same as when you’re using GitHub and so on and so forth,” Miller told TechCrunch in an interview. “I think the fundamental thesis of our company is that the desktop browser should be more of an operating system and less of a tool to surf the internet.”

The company is still in its very early stages, but Miller says they hope to open the product to more early testers later this year.

Brave Software

For Chrome competitors built on Chromium, privacy-centric features have been a key selling point.

Perhaps, the most recognizable “startup browser” of late has been the Brave browser. The startup founded by former Mozilla CEO Brendan Eich has raised quite a bit of cash on the promise that it can create a more speedy and power-efficient browser by working to strip your web experience of trackers.

Brave has gotten plenty of attention from investors. The team raised a seed round led by Founders Fund in 2015. Last year, Coindesk reported that Brave was looking to raise between $30-$50 million at a $133 million valuation. The company also had a hugely successful ICO in 2017, raising $35 million worth of Ether tokens in about 30 seconds as part of their “Basic Attention Token” sale.

Last month, Brave shared that it now has 5 million daily active users.

Former Mozilla CEO raises $35M in under 30 seconds for his browser startup Brave

More TechCrunch

Fertility remains a pressing concern around the world — birthrates are down in many countries, and infertility rates (that is, the ability to conceive at all) are up. And given…

Rhea reaps $10M more led by Thiel

Microsoft, Meta, Intel, AMD and others have formed a new group to design next-gen interconnects for AI accelerator hardware.

Tech giants form an industry group to help develop next-gen AI chip components

With JioFinance, the Indian tycoon Mukesh Ambani is making his boldest consumer-facing move yet into financial services.

Ambani’s Reliance fires opening salvo in fintech battle, launches JioFinance app

Salespeople live and die by commissions. It’s no surprise, then, that Salesforce paid a premium to buy a platform that simplifies managing commissions.

Filing shows Salesforce paid $419M to buy Spiff in February

YoLa Fresh works with over a thousand retailers across Morocco and records up to $1 million in gross merchandise volume.

YoLa Fresh, a GrubMarket for Morocco, digs up $7M to connect farmers with food sellers

Instagram is expanding the scope of its “Limits” tool specifically for teenagers that would let them restrict unwanted interactions with people.

Instagram now lets teens limit interactions to their ‘Close Friends’ group to combat harassment

Archer Aviation is partnering with ride-hailing and parking company Kakao Mobility to bring electric air taxi flights to South Korea starting in 2026, if the company can get its aircraft…

Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026

Agritech company Iyris helps growers across eleven countries globally increase crop yields, reduce input costs, and extend growing seasons.

Iyris makes fresh produce easier to grow in difficult climates, raises $16M

Exactly.ai says it uses generative AI to help artists retain legal ownership of their art while being able to reproduce their designs faster and at scale.

Exactly.ai secures $4M to help artists use AI to scale up their output

FintechOS competes with other companies such as Ncino, Meridian Link, Abrigo and Backbase.

Romanian startup FintechOS raises $60M to help old banks fight back against neobanks

After two years of preparation and four delays over the past several months due to technical glitches, Indian space startup Agnikul has successfully launched its first sub-orbital test vehicle, powered…

India’s Agnikul launches 3D-printed rocket in sub-orbital test after initial delays

Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers…

Fisker cuts hundreds of workers in bid to keep EV startup alive

Chinese EV manufacturers face a new challenge in their pursuit of U.S. customers: a new House bill that would limit or ban the introduction of their connected vehicles. The bill,…

Chinese EV makers, and their connected vehicles, targeted by new House bill

With the release of iOS 18 later this year, Apple may again borrow ideas third-party apps. This time it’s Arc that could be among those affected.

Is Apple planning to ‘sherlock’ Arc?

TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited! This is the startup world’s main event, and it’s where you’ll find the knowledge, tools…

Meet Visa, Mercury, Artisan, Golub Capital and more at TC Disrupt 2024

Featured Article

The women in AI making a difference

As a part of a multi-part series, TechCrunch is highlighting women innovators — from academics to policymakers —in the field of AI.

17 hours ago
The women in AI making a difference

Cadillac may seem a bit too traditional to hang its driving cap on EVs. And yet, that hasn’t stopped the GM brand from rolling out — or at least showing…

The Cadillac Optiq EV starts at $54,000 and is designed to hook young hipsters

Ifeel is being offered as part of an employer’s or insurance provider’s healthcare coverage.

Mental health insurance platform ifeel raises a $20 million Series B

Instead of opening the user’s actual browser or a WebView, Custom Tabs let users remain in their app while browsing.

Google Chrome becomes a ‘picture-in-picture’ app

Sanil Chawla remembers the meetings he had with countless artists in college. Those creatives were looking for one thing: sustainable economic infrastructure that could help them scale rather than drown…

Slingshot raises $2.2 million to provide financial services to artists

A startup called Firefly that’s tackling the thorny and growing issue of cloud asset management with an “infrastructure as code” solution has raised $23 million in funding. That comes on…

Firefly forges on after co-founder murdered by Hamas

Mistral, the French AI startup backed by Microsoft and valued at $6 billion, has released its first generative AI model for coding, dubbed Codestral. Like other code-generating models, Codestral is…

Mistral releases Codestral, its first generative AI model for code

Pinterest announced today that it is evolving its Creator Inclusion Fund to now be called the Pinterest Inclusion Fund. Pinterest teamed up with Shopify’s Build Black and Build Native programs…

Pinterest expands its Creator Fund to allow founders

Alex Taub, a longtime founder with multiple exits under his belt, believes it’s time to disrupt the meme industry. “I have this big thesis that meme tech is going to…

This founder says meme tech is the next big thing

Lux, the startup behind popular pro photography app Halide and others, is venturing into video with its latest app launch. On Wednesday, the company announced Kino, a new video capture app…

Kino is a new iPhone app for videographers from the makers of Halide

DevOps startup Harness has shown itself to be an ambitious company, building a broad platform of services while also dabbling in M&A when it made sense to fill in functionality.…

Harness snags Split.io as it goes all in on feature flags and experiments

Microsoft’s Copilot, a generative AI-powered tool that can generate text as well as answer specific questions, is now available as an in-app chatbot on Telegram, the instant messaging app.  Currently…

Microsoft’s Copilot is now on Telegram

HBO’s new documentary, “MoviePass, MovieCrash,” tells a story that many of us know about: how MoviePass, the subscription-based movie ticketing startup, was a catastrophic failure. After a series of mishaps…

MoviePass co-founders speak their truth in HBO’s new documentary 

The watch features a variety of different 3D games, unlocking more play time the more kids move.

Fitbit’s new kid smartwatch is a little Wiimote, a little Tamagotchi

In the video, a crowd is roaring at a packed summer music festival. As a beat starts playing over the speakers, the performer finally walks onstage: It’s the Joker. Clad…

Discord has become an unlikely center for the generative AI boom