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11:53 23.05.2024

Autonomous shipping startup Orca AI tops up with $23M led by OCV Partners and MizMaa Ventures

If you thought autonomous driving was just for cars, think again. The so-called ‘autonomous navigation’ market — where ships steer themselves guided by AI, resulting in fuel and time savings — is projected to grow from $4.46 billion in 2023 to $5.33B in 2024 alone. Orca AI is a London-based startup that claims to have […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

534 techcrunch.com

08:45 23.05.2024

Meet the Finnish biotech startup bringing a long lost mycoprotein to your plate

The best known mycoprotein is probably Quorn, a meat substitute that’s fast approaching its 40th birthday. But Finnish biotech startup Enifer is cooking up something even older: Its proprietary single-cell fungus-based protein, branded Pekilo, was originally developed in the 1960s and ’70s — by, of all things, the local paper industry. The focus back then […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

616 techcrunch.com

02:14 23.05.2024

Food supply chain software maker Silo lays off ~30% of staff amid M&A discussions

Silo, a Bay Area food supply chain startup, has hit a rough patch. TechCrunch has learned that the company on Tuesday laid off roughly 30% of its staff, or north of two dozen employees. Silo has confirmed the headcount reductions, clarifying the cuts were across the board and not focused on individual departments. Silo shared […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

734 techcrunch.com

23:12 22.05.2024

India’s BluSmart is testing its ride-hailing service in Dubai

Indian ride-hailing startup BluSmart has started operating in Dubai, TechCrunch has exclusively learned and confirmed with its executive. The move to Dubai, which has been rumored for months, could help counter the likes of Careem, Uber and Hala in the United Arab Emirates’ most populous city. The Gurugram-based startup quietly enabled the new Dubai service […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

752 techcrunch.com

23:00 22.05.2024

Refer a founder to Startup Battlefield 200 at Disrupt 2024

Want to make a founder’s day, week, month, and possibly career? Refer them to Startup Battlefield 200 at Disrupt 2024! Applications close June 10 at 11:59 p.m. PT. TechCrunch’s Startup Battlefield 200 is the world’s preeminent competition for early-stage startups. It’s also the absolute best way for an entrepreneur to get the most out of […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

742 techcrunch.com

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.... →

744 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.... →

971 techcrunch.com

16:19 22.05.2024

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

513 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.... →

633 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.... →

771 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.... →

604 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.... →

549 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.... →

777 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.... →

546 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.... →

436 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.... →

439 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.... →

435 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.... →

637 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.... →

513 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.... →

541 techcrunch.com

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