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Beyond Math’s ‘digital wind tunnel’ puts a physics-based AI simulation to work on F1 cars
21 augustus 2024 · 6 min
Simulating the real world is a tremendously complex problem if you want to do it at any useful level of fidelity. Traditional techniques are holding back design teams at vehicle and aerospace companies, but Beyond Math is putting AI on the task with a new way of simulating the world that could save them days.
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Defcon AI closes $44M seed round to solve a problem of ‘maximum complexity’: Military logistics
21 augustus 2024 · 6 min
The U.S. Department of Defense is a mammoth organization. It not only employs millions of service members and hundreds of thousands of civilian employees, but also has the world’s largest military budget that’s used to buy and maintain more equipment than can likely fit into a single paragraph.
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Procreate takes a stand against generative AI, vows to never incorporate the tech into its products
20 augustus 2024 · 3 min
Popular iPad design app Procreate is coming out against generative AI, and has vowed never to introduce generative AI features into its products. The company said on its website that although machine learning is a “compelling technology with a lot of merit,” the current path that generative AI is on is wrong for its platform.
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Keychain aims to unlock a new approach to manufacturing consumer goods
20 augustus 2024 · 4 min
Brands can use Keychain to look up different products and see who actually manufactures them.
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Keychain aims to unlock a new approach to manufacturing consumer goods
19 augustus 2024 · 4 min
Brands can use Keychain to look up different products and see who actually manufactures them.
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AI social media vetting startup Ferretly secures $2.5M, launches election personnel screening tool
19 augustus 2024 · 4 min
An AI social media vetting startup Ferretly has raised $2.5 million in seed funding and is launching a new platform designed to screen election personnel. Founded in 2019, Ferretly leverages AI to scan social media and publicly available online data to uncover potential risks and behaviors that traditional background checks may overlook.
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Stoke Space’s initial launch plans at Cape Canaveral take shape
16 augustus 2024 · 5 min
Stoke Space is nothing if not ambitious. The five-year-old launch startup has generated a lot of hype due to its bold plans to develop the first fully reusable rocket, with both the booster and second stage vertically returning to Earth.
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CodeRabbit raises $16M to bring AI to code reviews
16 augustus 2024 · 4 min
Code reviews — peer reviews of code that help devs improve code quality — are time-consuming. According to one source, 50% of companies spend two to five hours a week on them. Without enough people, code reviews can be overwhelming and take devs away from other important work.
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Move over SEO, Profound is helping brands with AI search optimization
15 augustus 2024 · 4 min
Search engine optimization (SEO) has been top of mind for brands for more than a decade to ensure their websites and products capture as many eyeballs as possible by ranking high up on search results pages. But search is changing, and as consumers increasingly turn to AI chatbots like ChatGPT or Claude
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EliseAI lands $75M for chatbots that help property managers deal with renters
15 augustus 2024 · 6 min
EliseAI employs an army of chatbots to text with, email, and respond to calls from renters about things such as apartment tours, maintenance requests, lease renewals and delinquencies.
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.ArborXR secures $12M to boost its management platform for AR and VR devices
14 augustus 2024 · 5 min
ArborXR, a startup that helps companies remotely manage AR and VR devices, believed that enterprise customers would be the primary targets for AR and VR devices. Now, that bet is paying off.
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PayZen secures $23M Series B, $200M debt facility to grow its “care now, pay later” product
14 augustus 2024 · 4 min
PayZen aims to make healthcare more affordable by enabling patients to pay their bills in interest and fee-free instalments over time.
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Ex-Clubhouse employees take another swing at a social networking startup
13 augustus 2024 · 4 min
The ex-Clubhouse, Netflix employees raised $1.65M for an app that combines social media, networking, and dating.
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Bandana lands new investment to help hourly wage workers find good jobs
13 augustus 2024 · 4 min
Most startups are looking to solve a problem inside a business, but Bandana, a New York City-based startup has a different goal. It wants to help people at the lower end of the wage scale find better jobs with higher wages and good benefits, all while being closer to home to reduce commuting time
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Archer to set up air taxi network in LA by 2026 ahead of World Cup
12 augustus 2024 · 5 min
Los Angeles is notorious for its back-to-back traffic. Three events that promise to bring in millions of spectators from around the world — the 2026 World Cup, the Super Bowl in 2027, and the 2028 Olympics — have LA officials searching for a range of new mobility solutions to address its congestion problems.
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Humidity sucks. Transaera has a new way to deal with it
12 augustus 2024 · 4 min
The startup's core technology is a proprietary material that absorbs moisture from the air, allowing air conditioning to cool buildings more efficiently.
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Cocoon is transforming steel production runoff into a greener cement alternative
9 augustus 2024 · 3 min
Slag is the molten runoff created while producing steel in a traditional blast furnace. The material has been prized as greener cement alternative for creating concrete, the Earth’s most abundant human-made material. The runoff is facing supply chain issues, however, as the steel industry looks to greener methods of production.
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Anduril raises $1.5B at a $14B valuation
9 augustus 2024 · 5 min
The Palmer Luckey-founded defense startup wants to become a serious rival to longstanding kingpins, and has been clocking some big wins.
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Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash
8 augustus 2024 · 5 min
New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch. Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets various performance goals within the first 18 months of the acquisition.
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Database startup Neon nabs a Microsoft investment
8 augustus 2024 · 5 min
In a sign that big tech companies are ready and willing to shell out cash for database tech, Neon, a startup building an open source alternative to AWS Aurora Postgres, on Wednesday announced that Microsoft’s venture arm M12 led a $25 million strategic investment in its business.
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H3X scales up its electric aerospace ambitions with $20M in new funding
7 augustus 2024 · 7 min
Many industries that rely on legacy energy sources are aiming to electrify or at least streamline their operations, but for countless use cases the tech just isn’t there. H3X is changing the game with electric motors so compact and efficient that the aerospace and marine world — not to mention investors — are taking notice.
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Placer.ai boosts valuation to $1.5B after quietly raising another $75M
7 augustus 2024 · 6 min
A startup developing AI market research based on location data, and backed by a who's who, has quietly raised, TechCrunch has learned.
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From golf to hunting, a new crop of startups want to make these experiences even better
6 augustus 2024 · 6 min
COVID-19 pushed people to take up outdoor activities. Now, startups are helping companies and consumers keep up with demand.
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Trade My Spin is building a business around used Peloton equipment
6 augustus 2024 · 7 min
Trade My Spin has pieced together a logistics network capable of offering same or next day delivery in most major cities in the continental U.S.
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Google Cloud now has a dedicated cluster of Nvidia GPUs for Y Combinator startups
5 augustus 2024 · 4 min
Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. It’s part of Google Cloud’s effort to cozy up with promising early-stage AI startups, in hopes some of them will evolve into massive, compute-hungry business.
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Self-driving truck startup Aurora Innovation to sell up to $420M in shares ahead of commercial launch
5 augustus 2024 · 4 min
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024. Aurora, which went public in 2021 through a special purpose acquisition merger, is pursuing a driver-as-a-service model, wherein carriers purchase trucks with the Aurora Driver tech on
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Indian startups Ola Electric, FirstCry gut valuations ahead of IPOs
2 augustus 2024 · 5 min
Two large Indian startups, Ola Electric and FirstCry, are set to test investor appetite with their public listings this month, but both have had to price their shares below their previous valuations as they come to terms with new market realities.
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Sybill raises $11M for its AI assistant that helps salespeople reduce administrative burden
2 augustus 2024 · 5 min
Sybill, a startup that has built an AI assistant specifically for sales reps, has raised $11 million in a Series A round led by Greycroft.
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Date Like Goblins, a new dating platform, allows users to virtually date and play video games
1 augustus 2024 · 9 min
Date Like Goblins is geared toward the gaming community and allows users to connect through voice chat while playing video games.
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Applied Carbon’s farm robot turns plant waste into biochar to capture CO2
1 augustus 2024 · 5 min
The startup has raised $21.5 million to build more of its machines and deploy them throughout the U.S.
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Lime is piloting two new e-bikes to attract more women and older riders
31 juli 2024 · 7 min
Shared micromobility giant Lime is piloting two new vehicles designed to appeal to women and older folks who might appreciate a lower step-through frame, smaller wheels and an upgrade from pedal-assist. Lime has experimented with several new form factors over the years, something it can do because it designs and engineers its vehicles in-house.
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Autonomous delivery startup Nuro is gearing up for a comeback
31 juli 2024 · 5 min
The California Department of Motor Vehicles this week granted Nuro approval to test its third-generation R3 autonomous delivery vehicle in four Bay Area cities, giving the AV startup a positive boost after facing some setbacks and financial struggles.
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Alphabet X spinoff Skip partners with Arc’teryx to bring ‘everyday’ exoskeleton to market
30 juli 2024 · 5 min
Skip exited stealth this week to announce a partnership with outdoor clothing specialist Arc’teryx. The deal is the first to bring Skip’s MO/GO technology to market: “powered pants” that utilize a soft exoskeleton technology, developed in-house at Alphabet’s X Labs moonshot factory. MO/GO, short for “mountain goat,” is a hybrid soft/rigid exoskeleton system.
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Stripe acquires payment processing startup Lemon Squeezy
29 juli 2024 · 3 min
Payments giant Stripe has acquired a four-year-old competitor, Lemon Squeezy, the latter company announced Friday. Terms of the deal were not disclosed. As a self-proclaimed “merchant of record,” Lemon Squeezy calculates and pays global sales tax for digital products, handling legal processing and fees in every country. It primarily serves SaaS and software businesses.
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Energy tech startup Greenely grabs €8M to reach more households and support Europe’s energy transition
29 juli 2024 · 8 min
The energy transition is a marathon, not a sprint. But opportunities for acceleration are growing. Swedish startup Greenely* has just spotted one. It’s closing an €8 million Series A funding round to expand its energy management platform into neighbouring Nordic countries (so around $8.7M at current exchange rates).
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Intron Health gets backing for its speech recognition tool that recognizes African accents
26 juli 2024 · 8 min
Voice recognition is getting integrated in nearly all facets of modern living, but there remains a big gap: speakers of minority languages, and those with thick accents or speech disorders like stuttering are typically less able to use speech recognition tools that control applications, transcribe or automate tasks, among other functions.
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Kodiak Robotics is taking self-driving trucks off road to reach profitability faster
26 juli 2024 · 5 min
Don Burnette, CEO and co-founder of self-driving truck startup Kodiak Robotics, had an “a-ha” moment when the company started working with the U.S. Department of Defense. Kodiak’s mission has always been to pursue long-haul autonomous trucking, but two years ago, the startup won a $50 million contract from the DoD to help the Army automate
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Micropep taps tiny proteins to make pesticides safer
25 juli 2024 · 5 min
Farmers have got to do something about pests. But nobody really likes the idea of using more chemical pesticides. Thomas Laurent’s company, Micropep, thinks the answer might already be in the plants themselves. Micropep is exploring how naturally occurring compounds, known as micropeptides, might work as an entirely new class of pesticides.
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QA Wolf secures $36M to grow its app QA-testing suite
25 juli 2024 · 4 min
Quality assurance in the app development world is a necessary, but often resource-draining, undertaking. According to Statista, 23% of companies’ annual IT budgets are allocated to in-house or third-party contracted QA and testing. The stakes are high. In a survey by QA software-testing company QualiTest Group, 88% of app users said that they’d abandon apps.
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Linx emerges from stealth with $33M to lock down the new security perimeter: Identity
24 juli 2024 · 6 min
Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years. One of the main reasons it has become the gift that keeps on giving to malicious hackers is that it’s a nightmare for organizations to track. A security startup founded in Tel Aviv called Linx
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Farmblox puts the control into farmers’ hands with its AI-powered sensor-reading platform
24 juli 2024 · 4 min
Nathan Rosenberg, the founder of farm automation platform Farmblox, said if there is one thing to know about trying to sell technology to farmers, it’s that you can’t tell them what to do.
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Without this company’s technology, future fusion power plants might never light up
23 juli 2024 · 5 min
Marathon Fusion emerges from stealth with a plan to help fusion power plants extract tritium, a necessary fuel.
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Unpacking how Alphabet’s rumored Wiz acquisition could affect VC
23 juli 2024 · 6 min
Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week. If this deal does end up getting done, it would be Alphabet’s largest acquisition yet.
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PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital
22 juli 2024 · 3 min
Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week.
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Fintech startup Coast lands $40M just 4 months after its last $25M raise
22 juli 2024 · 4 min
Coast, a startup that describes itself as “a financial services platform for the future of transportation,” has raised $40 million in Series B funding — just four months after announcing a $25 million round, the startup has told TechCrunch exclusively. Back-to-back fundraises were common prior to and during the wild investment days of 2021.
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WHAM! Nuclear fusion experiment hits new record for magnet strength
19 juli 2024 · 4 min
Strong magnets are essential for the type of fusion power being pursued by Commonwealth Fusion Systems and a number of other startups.
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Deel acquires Hofy to build its own IT device management service
19 juli 2024 · 5 min
Both of Hofy's co-founders, Sami Bouremoum and Michael Ginzo, along with the rest of the startup's leadership team and 120 employees, are joining Deel to build Deel IT. Lees meer
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A company building Wordle for chess raises money from a16z Speedrun, Mark Pincus and Eric Wu
19 juli 2024 · 5 min
Echo Chunk, a company that is building Wordle-styled daily chess puzzle game Echo Chess, has raised $1.4 million in pre-seed from a16z Speedrun (Andreessen Horowitz’s early stage games accelerator), founder of Zyanga Mark Pincus, South Park Commons (SPC), Opendoor founder and CEO Eric Wu and Stef Corazza, the Head of Generative AI at Roblox
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Kandji raises another $100M for Apple device management as valuation rises to $850M
18 juli 2024 · 4 min
At a time when many startups have struggled to raise money and keep their heads above water, Kandji, an Apple device management platform, has been an exception.
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Astor’s ‘community’ approach to financial advice aims to help women feel more confident about investing
18 juli 2024 · 6 min
Astor is a free personal finance platform for women that merges community and investing in an approachable way, came to be.
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