Fundraising

Moxie, which helps nurses launch medspas, raises a preemptive Series B from Lachy Groom

Fundraising /

Moxie helps nurses open medspas by providing them with most of the tools they need to run their businesses, from billing software and marketing services to discounted supplies. The startup has raised a $10 million Series B led by existing investor Lachy Groom, a solo VC, with participation from SignalFire. The round comes only a […]

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A startup from ex-Revolut employees uses AI to automate accounts — but hopes to keep accountants in jobs

Fundraising /

Often successful startups can give rise to ‘startup mafias’ – groups of former founders who go on to create other startups. But at least as often, new startups can be founded by employees. In the case of LiveFlow, that’s exactly what happened — and it’s now raised $13.5 million. A few years ago, Anita Koimur

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Ephos wants to shatter the market for AI and quantum chips with a new design based on glass

Fundraising /

A theoretical physicist believes he has made a breakthrough in photonics research that will enable us to have faster and better processors — a major need in artificial intelligence, quantum computing, and other tech with heavy workloads. Now, his startup has received early backing from NATO, the European government, and other key investors to produce

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All Iron Ventures rebrands as Acurio Ventures with a new €150M ‘follow-on’ fund

Fundraising /

Spain and Portugal are bubbling up in the European tech ecosystem, with plenty of new startups and funding rounds being announced in the two countries. Barcelona-based Plus Partners recently launched with the aim of closing a $30-$50 million million fund; Yellow is a new VC firm that launched with a €30 million fund; and Spanish

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Ibotta’s CEO explains why startups shouldn’t try to time the IPO market

Fundraising /

The IPO market has not roared back in 2024 as many investors hoped it would — not yet, at least. Elevated interest rates (this week’s 50 bps rate cut notwithstanding) and uncertainty related to the U.S. election have prompted many companies to stay private and wait for better market conditions. But a handful of companies

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Grok’s image generator, Black Forest Labs, is raising $100M at a $1B valuation, say sources

Fundraising /

While OpenAI pursues yet another monster fundraise, it is not stealing all the oxygen in the room: AI startups building promising foundational models can still open doors, and checkbooks. Multiple sources tell us that Black Forest Labs — a startup that’s building generative AI image models and came out of stealth two months ago with

Grok’s image generator, Black Forest Labs, is raising $100M at a $1B valuation, say sources Read More »

M&As and AI are in the spotlight, but there’s still capital left for quick commerce and more

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 brought reassuring signs that dealmaking is still happening on both sides of the table. New unicorns are being minted, and more capital is flowing into

M&As and AI are in the spotlight, but there’s still capital left for quick commerce and more Read More »

She sat down in the COVID Lockdown and started coding — now she’s taking on Bolt

Fundraising /

Sitting in Athens during the first Covid-19 lockdown, entrepreneur Rania Lamprou watched as online e-commerce exploded because of social distancing. But merchants still struggled with low conversion rates because their checkout processes were complicated, and they had to integrate multiple providers for payments, shipping, and loyalty programs. “I knew there had to be a better

She sat down in the COVID Lockdown and started coding — now she’s taking on Bolt Read More »

Health insurance startup Alan reaches $4.5B valuation with new $193M funding round

Fundraising /

Alan, the French insurance unicorn, just signed a multi-faceted deal with Belfius, one the largest banks in Belgium, that includes a distribution partnership along with a significant financial investment in the startup. Belfius is leading Alan’s Series F funding round of €173 million (around $193 million at current exchange rates). Some of Alan’s existing investors

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Tidal Metals sees seawater as the solution to a critical mineral shortage

Fundraising /

Last year, the U.S. designated magnesium as a critical mineral, one of the “electric 18” that are critical for the energy transition. The metal is used in a range of electronics, and it weighs less than aluminum, making it an attractive alternative for automakers.  But like with so many other minerals, China has grown to

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