Affiniti founders Aaron Bai, 20, and Sahil Phadnis, 22, are building the kind of expense management software for main street small businesses that tech startups have enjoyed for years. Their growth has been so impressive that six months after raising an $11 million seed round, they raised a $17 million Series A, led by Signal […]
The Nuclear Company is taking an old approach to building new nuclear reactors. Rather than gin up a new design or try to mass manufacture smaller reactors, it wants to develop a series of reactors using existing designs. The two-year-old startup announced a Series A last month that included investments from CIV, Goldcrest Capital, MCJ
The Nuclear Company raises $46M to develop massive reactor sites 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. Startup news this week was fairly routine — in a good way: Aside from a minor kerfuffle between Y Combinator and Google, there was no headline-grabbing drama.
Startups Weekly: A brighter outlook, but don’t get carried away Read More »
For years, big tech companies like Amazon and Google have been trying to make virtual try-ons engaging to encourage consumers to shop more online. Startups also tried to solve for inspiration and fit in fashion using AI. A new startup called Doji is now entering this space with an app designed to make apparel try-ons
Doji raises $14M to make virtual try-ons fun through AI avatars Read More »
Legal tech startup Harvey is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported, citing anonymous sources. Sequoia Capital, which led the startup’s $300 million Series D just three months ago, is also expected to invest in
Harvey reportedly in discussions to raise $250M at $5B valuation Read More »
TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase. Maverick Silicon, Nexus Venture Partners and
TensorWave raises $100M to grow its AMD-powered cloud infrastructure Read More »
Some fusion companies might be hitting a rough patch, but Realta Fusion is bucking the trend with a new fundraising round it says will allow it to finalize the design of its Anvil prototype reactor. “By the end of our Series A investment period, we’ll have said, ‘Hey, we have a design. We’re shovel ready
Realta Fusion taps $36M in fresh funds for its fusion-in-a-bottle reactor Read More »
The Gates Foundation received a death sentence of sorts today. Microsoft co-founder turned billionaire philanthropist Bill Gates said today that his foundation will have just 20 years to exhaust its coffers and wind down operations. He has pledged to donate 99% of his fortune, which today is worth an estimated $107 billion, to the foundation.
Bill Gates tells his foundation to spend it all by 2045 Read More »
Few markets are moving as rapidly as China’s automotive sector. There, new models are rolled out in as little as 18 months, putting tremendous pressure on legacy Western automakers, which need four-plus years to go from concept to sales floor. “With the increasingly short development cycles in China, it’s driving a huge amount of cost
Breathe lands $21M Series B to predict battery performance Read More »
Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) in a growth investment from General Catalyst’s Customer Value Fund, the company tells TechCrunch exclusively. The capital infusion “will be used exclusively and only for growth” and not for operational expenses or product development, Kos Stiskin, Finom’s chairman
