As the demand for AI surges, AI vendors are devoting greater bandwidth to data security issues. Not only are they being compelled to comply with emerging data privacy regulations (e.g. the EU Data Act), but they’re finding themselves under the microscope of clients skeptical about how their data is being used and processed. The trouble […]
Relyance lands $32M to help companies comply with data regulations Read More »
While companies like OpenAI and Anthropic continue to popularize the idea of people using ordinary language to ask artificial intelligence agents to answer their questions, write their proposals, and draw pictures, a London startup called Basecamp Research has raised $60 million to tackle a new frontier: an AI that not only answer any question related
Basecamp Research taps $60M to build a ‘GPT for biology’ Read More »
Unify, an AI-powered startup that uses data to reach prospective buyers, has raised a $12 million Series A led by existing investors Emergence Capital and Thrive Capital. OpenAI Startup Fund, Neo, Abstract, 20Sales, and AltCap also participated in the round. The 20-month-old company went through OpenAI’s Converge I accelerator last year and, following that program,
Unify, an OpenAI Converge accelerator grad, lands $12M for ‘warm outbound’ messages Read More »
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
Gropyus plans to use robots to help rebuild Ukraine better and faster Read More »
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
General Catalyst is working on a ‘continuation’ fund worth up to $1B, sources say Read More »
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 »
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
Emma Watson invests in reproductive health company Hertility Read More »
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
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
OpenAI secured more billions, but there’s still capital left for other startups Read More »
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
The 13 biggest take-private PE acquisitions so far this year in tech Read More »
