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22:50 22.05.2024

Bluesky now has DMs

Social networking startup and X competitor Bluesky is officially launching DMs (direct messages), the company announced on Wednesday. Later, Bluesky plans to “fully support end-to-end encrypted messaging down the line,” it also said. The launch comes two weeks after the social network teased it would soon be introducing direct messaging capabilities. Up until now, all […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

729 techcrunch.com

17:54 22.05.2024

Bolster, creator of the CheckPhish phishing tracker, raises $14M led by Microsoft’s M12

A dodgy email containing a link that looks “legit” but is actually malicious remains one of the most dangerous, yet successful, tricks in a cyber criminal’s handbook. Now, an AI startup called Bolster that has built a novel approach to tackle that trick has raised $14 million in funding to expand its work, both across […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

925 techcrunch.com

16:19 22.05.2024

Linktree surpasses 50M users, rolls out its social commerce program to more creators

498 techcrunch.com

15:57 22.05.2024

DeepL, the AI language translation startup, nabs $300M on a $2B valuation to focus on B2B growth

Yet more major funding is being poured into a startup focused on AI. Today, DeepL – the company that builds automated text translation and writing tools that compete against the likes of Google Translate and Grammarly – announced that it’s raised an additional $300 million. It is now valued at $2 billion, post-money. This round […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

610 techcrunch.com

23:00 21.05.2024

Teen fintech Copper had to emergency discontinue its banking, debit products

Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at teens, notified its customers on May 12 that it would be discontinuing bank deposit accounts and debit cards on May 13. In a letter to customers, CEO and co-founder Eddie […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

750 techcrunch.com

23:00 21.05.2024

Autodesk acquires AI-powered VFX startup Wonder Dynamics

3D tools behemoth Autodesk has acquired Wonder Dynamics, a startup that let creators quickly and easily make complex characters and visual effects using AI-powered image analysis. The two companies have worked closely together for years, but are making it official today. Wonder Dynamics, founded by VFX artist Nikola Todorovic and actor Tye Sheridan, basically made […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

584 techcrunch.com

19:30 21.05.2024

Bill Gates-backed wind startup AirLoom is raising $12M, filings reveal

The company is hoping to produce electricity at $13 per megawatt hour, which would be more than 50% cheaper than traditional onshore wind. © 2024 TechCrunch. All rights reserved. For personal use only.... →

532 techcrunch.com

19:06 21.05.2024

French AI startup H raises $220 million seed round

It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million seed round just a few months after the company’s inception. The reason why this company managed to raise so much money so quickly is that […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

747 techcrunch.com

19:00 21.05.2024

Boost your startup’s growth with a ScaleUp package at TC Disrupt 2024

Hey there, Series A to B startups with $35 million or less in funding — we’ve got an exciting opportunity that’s tailor-made for your growth journey! If you’re looking to elevate your presence at TechCrunch Disrupt 2024 without breaking the bank, look no further than our ScaleUp Startups Exhibitor Program. Why should you consider ScaleUp […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

529 techcrunch.com

18:09 21.05.2024

Spotify’s ‘Listening Party’ feature falls short of expectations

It’s been three years since Spotify acquired live audio startup Betty Labs, and yet the music streaming service isn’t leveraging the technology to its fullest potential—at least not in our opinion. Betty Labs-owned Locker Room launched in 2020 as a sports-focused social audio app where sports fans could engage in live conversations, create watch parties, […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

421 techcrunch.com

16:00 21.05.2024

Pinecone launches its serverless vector database out of preview

Pinecone, the vector database startup founded by Edo Liberty, the former head of Amazon’s AI Labs, has long been at the forefront of helping businesses augment large language models (LLMs) with their own data. Most recently, though, the company completely rearchitected its product to launch Pinecone Serverless, which frees its customers from having to think […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

422 techcrunch.com

15:00 21.05.2024

Porsche invests in battery startup South 8 to boost cold-weather EV performance

All cars suffer when the mercury drops, but electric vehicles suffer more than most as heaters draw more power and batteries charge more slowly as the liquid electrolyte inside thickens. Drivers in Chicago found this out the hard way last January after many Teslas failed to charge during a deep freeze. One startup, South 8 […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

422 techcrunch.com

14:11 21.05.2024

Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B

Scale AI, a company that provides data-labeling services for training machine learning models, has raised a $1 billion Series F round from a slew of big-name institutional and corporate investors including Amazon and Meta. The raise, which constitutes a mix of primary and secondary funding, comes amid a boom in AI venture capital megarounds, with […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

614 techcrunch.com

20:47 20.05.2024

SeekOut, a recruiting startup last valued at $1.2 billion, lays off 30% of its workforce

The company says it's refocusing and prioritizing fewer initiatives that will have the biggest impact on customers and add value to the business. © 2024 TechCrunch. All rights reserved. For personal use only.... →

500 techcrunch.com

19:00 20.05.2024

Rollup wants to be the hardware engineer’s workhorse

Hard tech startups generate a lot of buzz, but there’s a growing cohort of companies building digital tools squarely focused on making hard tech development faster, more efficient, and — well, a whole lot more like software development. California-based Rollup is the latest startup to come out as part of this ensemble. While the company […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

528 techcrunch.com

18:30 20.05.2024

Jolla debuts privacy-focused AI hardware

Jolla has taken the official wraps off the first version of its personal server-based AI assistant in the making. The reborn startup is building a privacy-focused AI device — aka the Jolla Mind2, which TechCrunch exclusively revealed at MWC back in February. At a livestreamed launch event Monday, it also kicked off preorders, with the […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

424 techcrunch.com

10:34 20.05.2024

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage in finding that fit. Data shows that a lack of expertise and business acumen in founders contributes to failed VC investments. The same principle applies […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

459 techcrunch.com

17:21 17.05.2024

Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

1,250 techcrunch.com

16:28 17.05.2024

Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK

Ember has partnered with HSBC in the U.K. so that the bank's business customers can access Ember’s services from their online accounts. © 2024 TechCrunch. All rights reserved. For personal use only.... →

1,043 techcrunch.com

02:01 17.05.2024

A US trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after the United States Trustee filed an emergency motion on Wednesday. The trustee is asking to convert the company’s debt reorganization Chapter 11 bankruptcy Synapse into a liquidation Chapter 7, according to court documents. The trustee wrote that the need […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

756 techcrunch.com

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