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Today β€” 3 March 2025Main stream

No part of Amazon is β€˜unaffected’ by AI, says its head of AGI

3 March 2025 at 09:34

β€œThere’s scarcely a part of the company that is unaffected by AI,” said Vishal Sharma, Amazon’s VP of Artificial General Intelligence, on Monday at Mobile World Congress in Barcelona.Β He dismissed the idea that open source models might reduce compute needs and deflected when asked whether European companies would change their generative AI strategies in light […]

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Before yesterdayMain stream

Archipelo comes out of stealth with $12M funding to secure human and AI-driven code

27 February 2025 at 09:07

When it comes to AI software, you can build something clever, but that’s not always the same as building something that is secure. With so much software now getting written by AI, having a window into its security can be a challenge. That’s the premise of Archipelo, a San Francisco-based cybersecurity startup that is today […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Just Move In raises $8M Series A for its home setup serviceΒ 

27 February 2025 at 06:47

Fintech has fragmented into increasingly specialized, cucumber-sliced micro-services, ranging from embedded buy-now-pay-later loans to specialized neo banks to yet more payment processing systems. What opportunities remain for innovators in such a fragmented landscape? One U.K. startup, Just Move In, zoomed out and realised that the home had been overlooked by everyone in the industry. And […]

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Europe’s Relay pulls in $35M Series A after applying Asia’s model to delivery

26 February 2025 at 17:01

Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively β€œUberizing” how deliveries worked down to the last mile. Think DoorDash but for parcels, not food. This is what the founders of Europe’s Relay realized and decided to bring to the region β€” […]

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Shop Circle raises $60M to encircle e-commerce with an app suite

26 February 2025 at 16:07

The boom in e-commerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, to inventory, to marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series […]

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German startup wins accolade for its fusion reactor design

25 February 2025 at 18:52

ProximaΒ Fusion, a two-year-old, German nuclear fusion startup, has published plans for a working fusion power plant in a peer-reviewed journal, in what is being touted as a step-change in the race to generate limitless energy. Today’s nuclear fission reactors create radioactive waste, whereas nuclear fusion releases vast amounts of energy, with zero carbon emissions and […]

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Sweden’s Lovable, an app-building AI platform, rakes in $15M after spectacular growth

25 February 2025 at 09:45

Using generative AI to create software has been possibly the largest use case since it first appeared a couple years ago. But platforms like Cursor and Copilot are mostly confined to a world inhabited by trained engineers.Β  Lovable, a Swedish AI startup, reached the front page of both Product Hunt and Hacker News last year […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Three years on, Europe looks to Ukraine for the future of defense tech

24 February 2025 at 09:07

Today marks three years since Russia’s illegal, unprovoked, and brutal invasion of Ukraine. The Ukrainian people have heroically fought the war with grit and determination, but they have also, against the odds, innovated on and off the battlefield.Β  In addition to establishing a defense tech initiative calledΒ BRAVE1, the country has also hosted tech conferences like […]

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Key Cambridge, UK VC launches $126M fund to stem later-stage flight

24 February 2025 at 00:00

It’s often said that the U.K. and Europe lack the huge level of growth funding for later-stage startups that the U.S. has for its own, and this is correct.Β According to the European Investment Fund, there are at least seven times more large-size VC funds in the U.S. than in Europe. So the appearance of a […]

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ValarΒ Atomics comes out of stealth with $19M and a pilot reactor site

20 February 2025 at 03:40

Companies developing small modular nuclear reactors (SMRs) have raised more than $1.5 billion in the past year, as tech companies hunger for power to train AI models and governments decide to commit to the industry. For example, X-energy raised $700 million this month, and Paris-based Newcleo raised $151 million last year, and one would be […]

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Legal tech startup Luminance, backed by the late Mike Lynch, raises $75M

18 February 2025 at 03:09

Generative AI is getting better at interpreting dense texts, and this progress has proven to be a boon for startups attacking one of the most complex sets of texts there is: the law. It makes sense then that we’ve been seeing a new burst of activity in the legal tech space off the back of […]

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Olyn secures Beatles biopic for its β€˜Shopify for filmmakers’

17 February 2025 at 02:00

The recent Brian Epstein biopic β€œMidas Man,” a film about the manager of The Beatles, debuted not on a platform like Netflix or Amazon, but on a startup that bills itself as β€œShopify for filmmakers.” So what, you might ask? The answer is that the new platform, Olyn, claims to offer a new model for […]

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NATO backs its first cohort of European dual-use startups

14 February 2025 at 12:16

With both Vice President J.D. Vance and U.S. Defense Secretary Pete Hegseth making loud noises Friday about Europe stepping up to the plate in spending more on its own defense, it might come as a surprise that Europe is already on the path toward far greater investment in defense, especially in tech. Not only has […]

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Plain pulls in $15M to aggregate B2B customer services chats into one platform

14 February 2025 at 01:01

Internal customer support platforms are moving from platforms like email ticketing systems and chat to channels like Slack, Microsoft Teams, and even Discord. But with Slack, for instance, able to host hundreds of channels, the whole thing can become quite unwieldy.Β  Plain, out of the U.K., thinks it has the answer. Its API-first platform consolidates […]

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AI-driven manufacturing database Keychain raises $5M for European push

12 February 2025 at 06:00

Brands are constantly trying to streamline how they source packaging materials and ingredient suppliers for their products in order to quickly meet consumer demand. However, even today this process can involve some laborious wandering around trade shows. Keychain is an AI-powered platform that aims to quickly connect the consumer packaged goods (CPG) industry with manufacturing […]

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Tech giants and startups join forces to call for simpler EU rules on AI, data

10 February 2025 at 08:35

As the AI Summit got underway in Paris on Monday, some 60 European companies β€”Β from incumbent industrial giants to AI startups (including France’s large language model maker Mistral) β€” signed up to an initiative to help establish Europe as a leader in AI. But the fact that they felt the need to sign up at […]

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Could this startup’s compact nuclear reactors revolutionize cancer detection?

6 February 2025 at 04:05

As cancer rates in the West, and globally, tack upwards due to lifestyle and environmental pollution, so does the need for the nuclear isotopes used in detecting those cancers in a medical setting. But with many reactors built in the 70s and the 80s scheduled for shut down, the materials used are becoming rarer and […]

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Aiming to accelerate product design with AI, Trace.Space raises a seed round

5 February 2025 at 22:15

Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally deployed, but now startups are joining the arena, powered by generative AI. One such is Trace.Space, coming out of Riga, […]

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Cherry Ventures raises a new $500M fund for early-stage and beyond, but will it be enough?

5 February 2025 at 06:10

It’s sometimes said that European VC doesn’t have the firepower to compete with VCs in the U.S., which regularly raise billion-dollar+ funds these days. Perhaps further evidence of this view persists in the news that Berlin-based Cherry Ventures has closed its latest fund at $500 million, to be split between early-stage rounds and follow-on rounds […]

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WeDoSolar pivots to B2B after stake acquired by Chinese solar giant

31 January 2025 at 09:55

Last year wind and solar energy overtook fossil fuels to provide 30% of the EU’s electricity. With that in the background, startups in the solar space have been riding a generational change in how we get our power. In 2022 we covered how a small B2C European startup planned to bring solar to homes via […]

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