Funding
TechCrunch reports on the latest funding for startups in the tech ecosystem—software, hardware, and every type of company. From unicorns raising their final pre-IPO round, to angel rounds for cutting edge artificial intelligence startups, TechCrunch covers every aspect of fundraising news.
As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently
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…
BoldHue’s device essentially scans your face and dispenses a customized foundation formula that matches your skin tone.
Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon, and the startup’s co-founders and portions of its team have joined…
Axelera designs AI-running chips and systems for applications like security, retail, automotive and robotics.
Orby AI, is building a generative AI platform that attempts to automate a range of different business workflows, including workflows that involve data entry, documents processing and forms validation.
Formation builds tech-forward solutions for clinical trials and drug development.
In a push to bolster profits, more airlines are turning to controversial dynamic pricing tech, which prices fares and amenities variably based on a traveler’s willingness to pay for them.
It’s unclear where Stability goes from here.
Payabli is building payment management tools for software startups
Payabli builds the infrastructure that allows companies, specifically software companies, to embed and facilitate payments through APIs.
Coder’s open-source software has around 1.2 million monthly active users, and Dropbox, Discord and Skydio are among the company’s paying customers.
EvolutionaryScale, backed by Amazon and Nvidia, raises $142M for protein-generating AI
A startup called EvolutionaryScale, founded by ex-Meta researchers, has raised $142 million for its AI-powered protein-generating tech.
Etched, founded by Harvard dropouts, is building an AI chip that can only run one type of model: transformer-based models.
Emergence on Monday emerged from stealth with $97.2 million in funding.
The Multi deal seems to fit into OpenAI’s broader recent strategy of investing heavily in enterprise solutions.
OmniAI is a set of tools that transform unstructured enterprise data into a something that data analytics apps and AI can understand.
The Rockset buy fits into OpenAI’s broader recent strategy of investing heavily in its enterprise sales and tech orgs.
Speak, the AI-powered language learning app, has raised new money from investors at double its previous valuation.
Genspark taps generative AI to write custom summaries in response to search queries.
SurrealDB, a startup developing a database architecture of the same name, has closed a new round of funding as it readies a managed service.
To sweeten the pot, Amazon is pledging that startups in this year’s Generative AI Accelerator cohort will gain access to experts and tech from Nvidia, the program’s presenting partner.
The buy will benefit ChromeOS, Google’s lightweight Linux-based operating system, by giving ChromeOS users greater access to Windows apps “without the hassle of complex installations or updates.”
Databricks acquires Tabular to build a common data lakehouse standard
Databricks, the analytics and AI giant, has acquired data management company Tabular for an undisclosed sum. (CNBC reports that Databricks paid over $1 billion.) According to Tabular co-founder Ryan Blue,…
Relay raises $32.2 million to help smaller businesses manage their cash flow
Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s entrepreneur Yoseph West’s assertion that there’s typically information and functions missing from bank…
Expressable is a platform that offers one-on-one virtual sessions with speech language pathologists.
In 2021, Roi Ravhon, Asaf Liveanu and Yizhar Gilboa came together to found Finout, an enterprise-focused toolset to help manage and optimize cloud costs. (We covered the company’s launch out…
Generative AI makes stuff up. It can be biased. Sometimes it spits out toxic text. So can it be “safe”? Rick Caccia, the CEO of WitnessAI, believes it can. “Securing…
CoLab’s collaborative tools for engineers line up $21M in new funding
Engineers Adam Keating and Jeremy Andrews were tired of using spreadsheets and screenshots to collab with teammates — so they launched a startup, CoLab, to build a better way. The…
Call centers are embracing automation. There’s debate as to whether that’s a good thing, but it’s happening — and quite possibly accelerating. According to research firm TechSci Research, the global…
Controversial drone company Xtend leans into defense with new $40 million round
Close to a decade ago, brothers Aviv and Matteo Shapira co-founded a company, Replay, that created a video format for 360-degree replays — the sorts of replays that have become…
Security review automation platform SafeBase has raised new cash from investors including Zoom’s corporate VC arm.