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Toddle wants to ‘change how we build software’ with a collaborative visual web app builder
17 juli 2024 · 6 min
Danish startup Toddle has launched a no-code web app builder that's designed as a full-featured alternative to Javascript frameworks.
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Adaptive builds automation tools to speed up construction payments
17 juli 2024 · 4 min
Adaptive is a platform that provides tools designed to simplify payments and accounting for general construction contractors.
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How VanMoof’s new owners plan to win over its old customers
16 juli 2024 · 6 min
When VanMoof declared bankruptcy last year, it left around 5,000 customers who had pre-ordered e-bikes in the lurch. Now VanMoof is up and running under new management, and the company’s current owners are courting those same customers by offering them a €1,000 discount off a new bike.
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Why Commonwealth Fusion Systems’ superconducting magnet sale is more than it seems
16 juli 2024 · 4 min
Fusion power may still be a few years away, but one startup is laying the groundwork for what it hopes will become a bustling sector of the economy.
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A startup set out to fight climate change — it did it by helping plumbers
15 juli 2024 · 3 min
The founders of HERO Software didn’t start out to help small tradespeople in construction with a platform. They started out to fight the climate crisis. But in doing so, they stumbled on a way to help the whole business. Now, the company has closed a €40 million Series B financing round, and plans to expand.
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Beeble AI raises $4.75M to launch a virtual production platform for indie filmmakers
12 juli 2024 · 6 min
Visual effects have emerged as essential in filmmaking and have transformed storytelling and creativity in the film industry with its diverse digital techniques. However, the high cost of VFX tools often leaves independent filmmakers and content creators working with modest budgets struggling to compete with larger productions
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Joby Aviation is betting on hydrogen-electric aircraft for regional flight
12 juli 2024 · 6 min
Joby Aviation is still a year away from commercially launching its electric air taxi designed for urban environments, but the startup is already looking towards its next chapter: Intercity flight, powered by hydrogen. To get the conversation started with regulators and demonstrate hydrogen’s capabilities, Joby told TechCrunch that it completed a 523-mile test flight.
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Iceland is dodging the VC doldrums as Frumtak Ventures lands $87 million for its fourth fund
11 juli 2024 · 4 min
Iceland’s startup scene is punching above its weight. That’s perhaps in part because it kept the 2021 hype in check, but mostly because its tech ecosystem is coming of age. Iceland attracted the most venture capital per capita of all Nordic countries in 2023, but that stat is somewhat skewed by its relatively small population.
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Deep tech startups with very technical CEOs raise larger rounds, research finds
11 juli 2024 · 5 min
SaaS founders trying to figure out what it takes to raise their next round can refer to Point Nine’s famous yearly SaaS Funding Napkin. (The term refers to “back of the napkin” plans or calculations.) Now, European hardware deep tech teams have a similar resource from First Momentum, a pre-seed fund investing in technical B2B
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Nala to use $40M Series A to build B2B payments platform, scale remittance services
10 juli 2024 · 6 min
Nala, a remittance startup that is now widening its portfolio through a new B2B payments platform, has raised $40 million equity in a rare deal that becomes one of the largest Series A transactions in Africa.
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Byway is using AI to help travelers slow down and take the scenic route
10 juli 2024 · 10 min
Solo founder Cat Jones took the plunge on setting up a travel business right around the time the pandemic was hitting Europe in March 2020. Fast forward to summer 2024 and her curated package tour business, Byway, is announcing close of an oversubscribed £5.4 million Series A round (around $6.9M at current exchange rates).
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Investors chase wealthtech startups in India as affluent class grows
9 juli 2024 · 5 min
Investors are betting on Indian wealthtech startups as a growing middle class turns to diversify investments and startups challenge traditional financial advisors for high-net-worth clients. Premji Invest is in advanced stages of talks to lead a funding round of $30 million to $40 million in Dezerv, an app offering a suite of investment solutions
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Quantum Rise grabs $15M seed for its AI-driven ‘Consulting 2.0’ startup
9 juli 2024 · 3 min
Quantum Rise, a Chicago-based startup which does AI-driven automation for companies like dunnhumby (a retail analytics platform for the the grocery industry), has raised a $15 million seed round from Erie Street Growth Partners. Its approach is somewhat akin to UIPath’s, a company famous for bringing robotic process automation to the enterprise.
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Amazon hires founders away from AI startup Adept
8 juli 2024 · 4 min
Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon as the startup’s co-founders and portions of its team join the ecommerce giant. Geekwire’s Taylor Soper first reported the news
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Husband-and-wife former Olympians target $50M for new fund to invest in influencer-led consumer brands
8 juli 2024 · 6 min
Samyr Laine and Ayanna Alexander-Laine now put their grit and determination to work for founders wanting to launch and scale consumer brands.
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News outlets are accusing Perplexity of plagiarism and unethical web scraping
5 juli 2024 · 12 min
In the age of generative AI, when chatbots can provide detailed answers to questions based on content pulled from the internet, the line between fair use and plagiarism, and between routine web scraping and unethical summarization, is a thin one.
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CoinDCX acquires BitOasis in international expansion push
5 juli 2024 · 3 min
CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based startup said BitOasis’s team is joining CoinDCX, with the original leadership continuing to manage the exchange, which offers trading in more than 60 tokens.
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Indian edtech Unacademy cuts another 250 jobs
4 juli 2024 · 3 min
Indian edtech giant Unacademy is laying off about 250 employees, the latest in a series of layoffs since the reopening of schools across the country after the pandemic. The Bengaluru-headquartered startup, valued at $3.4 billion in its last funding in 2021, is cutting 100 jobs in core roles (marketing, business and product) ,
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Altrove uses AI models and lab automation to create new materials
4 juli 2024 · 5 min
For the past couple of years, innovation has been accelerating in new materials development. And a new French startup called Altrove plans to play a role in this innovation cycle. The deep tech startup has already raised €3.7 million (around $4 million at current exchange rates).
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As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently
3 juli 2024 · 7 min
Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from 3% in 2022, as cloud service providers expand to meet the demand for AI infrastructure.
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Sensorita uses digital twins to help waste management companies streamline construction waste
3 juli 2024 · 5 min
The amount of waste produced by the construction industry adds up to more than a third of the overall waste produced each year in the European Union. And it’s no better in the U.S. Stateside, the construction industry produces more than double the waste that households do each year.
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Illumex is using GenAI to ease pain of getting good data into LLMs
2 juli 2024 · 4 min
By now we know how crucial it is to have quality data for use by large language models (LLMs), but getting data ready for the models has been an early challenge for companies, an opening that represents an opportunity for an enterprising entrepreneur.
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Cold shipping might be the next industry that batteries disrupt
2 juli 2024 · 5 min
Artyc has raised $14 million to date and has a product on the market, Medstow Micro, that helps ship temperature-sensitive specimens.
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Rondo Energy funding shows a new way across the climate startup ‘valley of death’
1 juli 2024 · 4 min
Climate tech startups especially those building hardware, face a particular challenge when trying to move beyond the prototype or pilot phase and start selling finished products to customers.
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Austin-based Ironspring Ventures raised $100m to invest in industrial revolution
1 juli 2024 · 6 min
When Ironspring Ventures launched in 2020 to back startups in industrial sectors like construction and manufacturing, it was one of very few early-stage venture firms paying attention to those capital-intensive sectors. Now, the firm is doubling down. The Austin, Texas-based firm raised $100 million for its second fund to focus on industrial startups.
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Sensi.AI grabs $31M Series B from Insight, Zeev to monitor seniors 24/7
29 juni 2024 · 4 min
Older adults increasingly want to age in their homes rather than nursing facilities. A study by the American Association of Retired People (AARP) found that nearly 90% of people over 65 want to stay in their homes as they grow older.
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Rainforest lands $20M to challenge Stripe with embedded payments for SaaS providers
28 juni 2024 · 7 min
Rainforest, a startup that embeds payment processing into other software platforms, has raised $20 million in Series A funding — less than a year after announcing the close of its seed financing. Raising back-to-back rounds was more common in 2021 but we don’t see it happening as often in this new environment.
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Etched is building an AI chip that only runs one type of model
28 juni 2024 · 7 min
As generative AI touches a growing number of industries, the companies producing chips to run the models are benefitting enormously. Nvidia in particular, which commands an estimated 70% to 95% of the market for AI chips, wields massive influence. Cloud providers from Meta to Microsoft are spending billions of dollars on Nvidia GPUs
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Boeing’s Wisk Aero buys Verocel to boost software safety for self-flying eVTOL
27 juni 2024 · 4 min
Wisk Aero, a subsidiary of Boeing, has acquired Verocel, a software verification and validation company with 25 years of experience in the aerospace industry. Wisk has an autonomous-first approach to eVTOL. The company’s Generation 6 aircraft, which is slated to begin airborne tests this year, is designed to be supervised by humans, but not physically
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Rocketlane snags $24M to bring AI-led experiences for professional services teams
27 juni 2024 · 4 min
Rocketlane initially aimed to support customer onboarding. However, it has broadened its scope and doubled down on addressing the needs of professional services teams.
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Emergence thinks it can crack the AI agent code
26 juni 2024 · 8 min
Yet another generative AI venture has raised a bundle of money. And, like the others before it, it’s promising the moon. Emergence, whose co-founders include Satya Nitta, the former head of global AI solutions at IBM’s research division, today emerged from stealth with $97.2 million in funding from Learn Capital plus credit lines totaling more
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Silicon Valley leaders are once again declaring ‘DEI’ bad and ‘meritocracy’ good — but they’re wrong
26 juni 2024 · 9 min
Scale AI founder Alexandr Wang set off another debate with an anti-DEI post. It revealed a lot about the current state of DEI in tech.
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How 2 high school teens raised a $500K seed round for their API startup (yes, it’s AI)
25 juni 2024 · 8 min
18-year-olds Christopher Fitzgerald and Nicholas Van Landschoot have founded APIGen, a platform to build custom APIs from natural language prompts.
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‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees
25 juni 2024 · 8 min
Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company.
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Ex-HubSpot exec builds an AI-powered CRM that learns for you, with $4M seed led by Sequoia
24 juni 2024 · 4 min
Christopher O’Donnell has hobbies. He likes music and playing guitar, but above all, he loves building software. Which is why three years after leaving HubSpot, he built Day.ai, a CRM for the age AI. Unlike modern CRMs, which are essentially giant spreadsheets that somebody needs to populate and keep updated, Day learns everything
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Language learning app Speak nets $20M, doubles valuation
24 juni 2024 · 3 min
Speak, the AI-powered language learning app, has raised new money from investors at double its previous valuation.
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Société Générale to sell its freelancer challenger bank Shine to Ageras
21 juni 2024 · 4 min
Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras.
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Daydream rakes in $50M seed funding to build an AI-powered search engine suited for e-commerce
21 juni 2024 · 6 min
For retailers, e-commerce is a bit of a puzzle at the moment. Online shopping trends are expected to stay strong this year, so companies can’t afford to curtail their e-commerce budgets, but at the same time, e-commerce is more fragmented than ever before.
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Seen is a new app for friends to record reactions to TikToks and other content
20 juni 2024 · 5 min
We all know the feeling when we send a funny TikTok video, anticipating a response from a friend, only to receive a basic laughing emoji or, worse, no reaction at all.
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Bitsening raises $25M for its high-resolution radar in autonomous driving
20 juni 2024 · 6 min
Self-driving vehicles rely on many sensors to detect objects and the world around them. The conventional approach is to work with cameras and lidars.
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Kilimo helps farmers save water and get paid for it
19 juni 2024 · 4 min
Cheap irrigation has transformed many regions around the world into breadbaskets, but it also means that there can be little left for other uses.
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EV startup Fisker files for bankruptcy
19 juni 2024 · 3 min
Check out TechCrunch.com for more news.
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Loop Golf looks to take the stress out of booking a tee time
18 juni 2024 · 6 min
Golf has exploded in popularity in recent years thanks to the pandemic and the popularity of Netflix’s Full Swing documentary series. More than 531 million rounds of golf were played in the U.S. in 2023 alone, according to the National Golf Foundation.
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What StepStone’s $3.3B venture secondaries fund tells us about LPs’ current appetite for venture
17 juni 2024 · 6 min
StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week.
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GPTZero’s founders, still in their 20s, have a profitable AI detection startup, millions in the bank and a new $10M Series A
17 juni 2024 · 8 min
GPTZero's growth and financials made it one of the AI startups ruthlessly pursued by VCs. And Footwork's Nikhil Basu Trivedi won the deal.
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Friends & Family Capital, a fund founded by ex-Palantir CFO and son of IVP’s founder, unveils third $118M fund
14 juni 2024 · 5 min
Small VC firms require deep trust, mutual support, and long-term commitment among the partners —a kinship that, in many ways, resembles a family dynamic.
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AccountsIQ takes in $65M to boost its bookkeeping tools with AI
14 juni 2024 · 5 min
AccountsIQ, a Dublin-founded accounting technology company, has raised $65 million to build “the finance function of the future” for mid-sized companies.
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Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers
13 juni 2024 · 7 min
It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption.
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Civic Renewables is rolling up residential solar installers to improve quality and grow the market
13 juni 2024 · 4 min
With most residential solar panels installed by smaller companies, customer experience can be a mixed bag.
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Kelvin wants to help save the planet by applying AI to home energy audits
12 juni 2024 · 4 min
French startup Kelvin, which uses computer vision and machine learning to make it easier to audit homes for energy efficiency, has raised $5.1M.
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