Fundraising

Gropyus plans to use robots to help rebuild Ukraine better and faster

Fundraising /

Growing up in a pioneering public housing project in Vienna, serial entrepreneur Markus Fuhrmann understood what could constitute good, family housing. And when his Ukrainian wife’s home country was brutally invaded by Russia, he knew he was on the right track with his latest endeavor — a construction startup that prefabricates buildings using robots. Now […]

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General Catalyst is working on a ‘continuation’ fund worth up to $1B, sources say

Fundraising /

General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800 million and $1 billion, according to a person familiar with the plans. A continuation fund consists of a portion of stakes that the VC firm has in portfolio companies. With around $25

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VESSL AI secures $12M for its MLOps platform that aims to cut GPU costs by up to 80%

Fundraising /

As businesses increasingly integrate artificial intelligence in their workflows and products, there is a growing demand for tools and platforms that make it easier to create, test and deploy machine learning models. This category of platforms — popularly known as machine learning operations, MLOps — is already a little crowded, with startups like InfuseAI, Comet,

VESSL AI secures $12M for its MLOps platform that aims to cut GPU costs by up to 80% Read More »

Emma Watson invests in reproductive health company Hertility

Fundraising /

Actress Emma Watson has made a previously undisclosed investment into the women’s health company Hertility, bringing its total funding to more than $14 million, the company told TechCrunch in an interview on Monday. Watson is known for her interest in the environment and supporting women-led initiatives. She is a UN Women Goodwill Ambassador and helped

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Kobold Metals, which uses AI to help find critical minerals for the energy transition, raises $491M

Fundraising /

Earlier this year, Kobold Metals found what might be one of the largest high-grade copper deposits of all time, with the potential to produce hundreds of thousands of metric tons per year, the company’s CEO said. Now, just eight months later, Kobold is close to raising over half a billion dollars. The funding should help

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OpenAI secured more billions, but there’s still capital left for other startups

Fundraising /

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week once again brought us AI funding news, as well as some warnings: Some categories and stages are showing signs of overheating. Luckily, we also spotted

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The 13 biggest take-private PE acquisitions so far this year in tech

Fundraising /

The private equity realm has been pretty active so far in 2024, serving as a powerful “alternative” source of liquidity for technology startups and scale-ups in search of an exit. Just this month, TechCrunch reported that EQT had picked up a majority stake in cybersecurity firm Acronis at a valuation of around $4 billion, following

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AI coding startup Poolside raises $500M from eBay, Nvidia and others

Fundraising /

Poolside, the AI-powered software dev platform, has raised half a billion dollars in new capital. The cash came in the form of a Series B led by Bain Capital Ventures, which also had participation from a who’s who of big tech firms including eBay (via eBay Ventures) and Nvidia. It brings Poolside’s total raised to

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