Founder of battery startup Our Next Energy returns as CEO following new funding
ONE also announced the close of a new funding round.
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ONE also announced the close of a new funding round.
Β© 2024 TechCrunch. All rights reserved. For personal use only.
Getting ghosted is never fun. Especially if youβre a founder seeking capital from investors. Itβs similar to dating. You might be left wondering βWhy is this person not getting back to me? Did I do something wrong?β Did the investor hate the product? Did they not care for me personally?β Itβs enough to drive anyone [β¦]
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Faireez, which aims to bring β5-star hotel-style housekeepingβ to multifamily buildings, is emerging from stealth with $7.5 million in seed funding, the startup told TechCrunch exclusively. Founded in 2023, New York-based Faireezβs goal is to make the cleaning services it offers as customized as possible. It offers a subscription model where each building is assigned [β¦]
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As AI companies race to improve the accuracy of large language models (LLMs) and apps built on top of them, a startup that has emerged as a key partner in that effort is announcing a significant round of funding. Turing, which works with armies of engineers to contribute code to AI projects β including assisting [β¦]
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AI agents are marching across the world of IT, and on Thursday a startup called Crogl is debuting its contribution to the field: an autonomous assistant that helps cybersecurity researchers analyze daily network alerts to find and fix security incidents. The assistant β described by Croglβs CEO and co-founder Monzy Merza as an βIron Man [β¦]
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The startup is betting that by simplifying stellarators, it can make fusion power cheaper and easier to maintain.
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The war in Ukraine has brought drones to the forefront of modern warfare, creating a surge in demand for counter-drone systems. However, legacy solutions to counter drones, such as ground-based defense systems and cyber warfare, often come with a hefty price tag. For German startup Alpine Eagle, these solutions fall short: When now-ubiquitous $500 first-person-view [β¦]
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Anna Patterson has had a storied career in Silicon Valley. She founded three startups, including search engine upstarts Xift and Cuil, as well as recall.archive.org, which became the Internet Archive. She was the vice president of engineering at Google, and later started Gradient Ventures, an AI-focused seed fund. And she isnβt done building. Patterson told [β¦]
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Flex, which offers personal finance software and payments infrastructure for business owners, has raised $25 million in equity funding while securing a $200 million credit facility, it told TechCrunch exclusively. The equity funds were raised at a valuation of βjust under $250 million.β The company last raised a $20 million Series A announced in September [β¦]
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Foreign exchange fluctuations can make or break a business that trades across borders, but keeping up and responding to the FX market can be tricky if youβre anything smaller than the worldβs largest enterprises. Today, a startup called Grain is emerging from stealth with a product that it says will let finance teams at companies [β¦]
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Darwinbox, a startup with Indian roots building a SaaS platform for hiring, onboarding and employee administration, has raised $140 million to take on the likes of Rippling and Deel as it seeks to expand internationally, especially in the U.S. The funding is being co-led by KKR and Partners Group, and is a mix of primary [β¦]
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EcoDataCenter, a Swedish company that builds eco-friendly data centers used by major compute providers to handle their AI traffic, has raised nearly half a billion dollars β $478 million (β¬450 million) to be exact β in anticipation of more demand.Β The equity funding, which is coming from a group of unnamed institutional investors, will be [β¦]
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Defense tech startup Epirus has raised a $250m Series D to expand its counter-drone solutions.
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British startup Quantexa has made a name for itself over the years with its enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, the company said it has raised a fresh $175 million to double down on that business and move deeper into another hot area: helping organizations understand [β¦]
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Foundation Capital has come a long way since it was forced to scale down its fund size from $750 million in 2008 to $282 million (its sixth main fund) in 2013. On Tuesday, the 30-year-old firm announced that it raised a $600 million eleventh flagship fund, which is 20% larger than the predecessor $500 million [β¦]
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Chinese ride-hail firm Didi is on the hunt for fresh funds for its autonomous vehicle technology unit that could value it at $5 billion, according to Bloomberg News. Investor interest in self-driving cars is high in China on the backs of IPOs from WeRide and Pony AI, which have a market capitalization of $4.7 billion [β¦]
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Cross-border trade could become significantly more challenging with the wave of new tariffs getting introduced across different markets. Today, in a timely piece of news, a London-founded startup called Swap β which is building tools for e-commerce companies to better navigate the cross-border trading world β is announcing $40 million in funding to expand. Iconiq [β¦]
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Agents are the next big thing in AI. Some define these βagentsβ differently from others, but the general idea is, theyβre AI-powered tools that can perform tasks autonomously. The agent hype has reached a fever pitch, but one startup was relatively early to the game: LlamaIndex. Founded by former Uber research scientists Jerry Liu and [β¦]
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Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. To meet that demand, Mews, an Amsterdam-founded βunicornβ building an SaaS platform for hotel management, has raised a fresh $75 million. The funding is coming at a crossroads in the travel industry. From one direction, the positive signals: Analysts at [β¦]
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While Venmo or Splitwise are effectively βdebt collectorβ tools, which require one person to pay a full bill and then request funds from others, neither have cracked bill-splitting at the moment of payment. European startup Cino, which has come up with just such a product, has now raised β¬3.5 million in a seed-funding round led [β¦]
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