Had Yurts founder Ben Van Roo’s eyes been better, he might’ve followed in his family’s footsteps and joined the Air Force. “My whole family was in the Air Force. All of them are pilots,” he said, admitting later that, “my vision wasn’t quite there.” Instead, he’s helping the military in a very Silicon Valley way: […]
Yurts raises $40 million to be the DoD’s AI Chatbot Read More »
Sometimes, the easiest way to find a great idea for a startup is to look beyond the current problem you’re solving for your customers. That’s exactly what worked for the founders of KPay. Davis Chan and his co-founders previously helped small and medium-sized merchants optimize their revenue and traffic in Asia, but they eventually noticed
KPay, a financial management platform for SMEs, raises $55M Series A Read More »
Nebius, the publicly-traded European AI infrastructure company formerly known as Yandex N.V., has raised $700 million in financing to power its U.S. expansion. The financing included “dozens of very well known investors,” Nebius CEO Arkady Volozh (pictured above) told TechCrunch in a press briefing today. While all the names will be revealed when the paperwork
European AI infrastructure company Nebius nabs $700M from Nvidia, Accel, others Read More »
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. With only so many days left in the year, there was plenty of startup news to round up since last Friday, despite a short workweek in the
As the year draws to a close, startups don’t pause Read More »
Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO. The $30 billion food delivery and quick-commerce giant, which leads both those categories, issued approximately 336.5 million shares at ₹252.62 each ($3), according to a stock exchange filing on Friday. The placement, which opened on
Zomato raises $1 billion in first major fundraise since 2021 listing Read More »
Helping consumers find the perfect glasses is a booming global business, spawning giants like Warby Parker in the U.S. and Lenskart in India. In the Middle East, this market is producing its own rising powerhouse: Eyewa. Eyewa, based in Dubai and Riyadh, sells a wide range of eyewear products, including prescription glasses, sunglasses, blue light
Helping consumers find the perfect glasses is a booming global business, spawning giants like Warby Parker in the U.S. and Lenskart in India. In the Middle East, this market is producing its own rising powerhouse: Eyewa. Eyewa, based in Dubai and Riyadh, sells a wide range of eyewear products, including prescription glasses, sunglasses, blue light
Vikram Bhaskaran was leading creator partnerships at Pinterest when his father started showing early symptoms of ALS, a rare, terminal neurodegenerative disease. “It turned my world upside down,” Bhaskaran said. He worked during the day, and spent his evenings Googling the illness and treatment options and in Facebook groups. But Bhaskaran discovered that finding clear,
More than a quarter of all U.S. residents use co-branded credit cards today to get discounts and other extras from brands they use regularly, but not all is rosy in the world of loyalty commerce. Major brands like Uber, Starbucks and Walmart have all pulled back from such projects over the years after failing to
Cardless swipes up $30M to build a new generation of co-branded credit cards Read More »
Back in 2016, Hammad Syed and Mahmoud Felfel, an ex-WhatsApp engineer, thought it’d be neat to build a text-to-speech Chrome extension for Medium articles. The extension, which could read any Medium story aloud, was featured on Product Hunt. A year later, it spawned an entire business. “We saw a bigger opportunity in helping individuals and
PlayAI clones voices on command Read More »
