Vertice has made a name for itself over the years in the crowded world of expenditure management by focusing on applying AI to optimize an area where businesses are sinking hundreds of billions of dollars annually: software and cloud spend. The London-based startup’s business has grown 13x in the three years since its inception (similar […]
Vertice raises $50M for its AI-powered SaaS spend platform Read More »
Welcome to TechCrunch Fintech! This week, we’re looking at just how much fintech startups raised in 2024, a slew of fundraising deals, Plaid’s reported revenue growth last year, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The
Funding to fintechs continues to decline, but at a slower pace Read More »
French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel
Karmen secures $9.4 million for its revenue-based financing products Read More »
Distracted driving is one of the leading causes of car accidents and a major reason why auto insurance premiums are expected to increase in 2025. For commercial fleets, that’s a nightmare. But for California-based startup Netradyne, it’s a tailwind. Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data
Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets Read More »
A new AI orchestration startup from the founders of Lithuanian unicorn Nord Security is setting out to help enterprises put their AI projects into production, with an initial focus on bringing greater visibility, security and adaptability to large language models (LLMs). Nexos.ai, as the startup is called, is the handiwork of Tomas Okmanas (pictured above)
You can’t start a company without a healthy dose of daring, and that’s certainly the case with NeuroBionics. The MIT-spinout thinks it could one day improve the lives of millions of people who live with neurological conditions like depression, epilepsy and Parkinson’s disease. Famed investor Steve Jurvetson of Future Ventures said that if everything goes
This MIT spinout wants to spool hair-thin fibers into patients’ brains Read More »
Distracted driving is a leading cause of car crashes — and rising auto insurance premiums, which are expected to increase in 2025. For commercial fleets, that’s an expensive challenge to navigate. But for California-based startup Netradyne, it’s a tailwind. Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data
Netradyne snags $90M at $1.25B valuation to expand smart dashcams for commercial fleets Read More »
With inflation still stubbornly high in comparison to previous years, and the siren voices of subscription services like Netflix and Spotify continuing to lure, consumers have understandably turned to alternative forms of payment to manage their household bills. As a result, online prepaid payment platforms have benefited. That’s the bet being laid today by Recharge,
Prepaid payments platform Recharge raises €45M to go on M&A spree Read More »
Space infrastructure company Loft Orbital has raised $170 million in Series C funding co-led by Tikehau Capital and Axial Partners. Notably, the amount of the Series C financing is greater than the combined $160 million the company has raised since its 2017 inception. Loft Orbital declined to reveal its valuation. According to PitchBook, its post-money
Loft Orbital lands a fresh $170 million after logging over $500 million of bookings Read More »
According to some of the latest statistics, employers are swamped by job applications. In the UK alone, employers running graduate training schemes received an average of 140 applications for each job in 2024, 59 per cent more than in 2023, according to the Institute of Student Employers. And despite some trepidations amongst a few recruiters,
As Gen Z job applicants balloon, companies are turning to AI agent recruiters Read More »
