Fundraising

AI-coding startup Codeium in talks to raise at an almost $3B valuation, sources say

Fundraising /

Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal.  The round is being led by a returning investor Kleiner Perkins, the people said. The new round comes just six months after Silicon Valley-based Codeium announced […]

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After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO

Fundraising /

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. 

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Brand new women’s focused Swizzle Ventures skyrockets past its fundraising target

Fundraising /

Swizzle Ventures has closed its Fund I at $6.6 million, bypassing its initial $3 million target, Jessica Kamada, the firm’s founder, told TechCrunch.  Back in December, TechCrunch previously reported that the firm, which quietly launched in 2023, was raising and has already bypassed $5 million, per its SEC filing. The thesis of Fund I will

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Guidde taps AI to help create software training videos

Fundraising /

Creating corporate training videos for software is a time-consuming ordeal, especially if you’re an organization with a lot of software licenses. Training videos can help get employees up to speed, but they’re a big lift. They often take entire teams to produce. Tel Aviv-based entrepreneur Yoav Einav thought there might be an alternative, cheaper way

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Legal AI-startup Luminance, backed by the late Mike Lynch, raises $75M

Fundraising /

Given Generative AI is very good at interpreting dense texts, it’s been a boon for startups attacking one of the most complex sets of texts there is: the law. We’ve thus seen an explosion of legal tech, supercharged by AI, in the last year or so.  Lawtech startup Eudia bagged $105 million only last week. 

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Plain pulls in $15M to agregate B2B customer services chats into one platform

Fundraising /

Internal customer support platforms are moving from platforms like email ticketing systems and chat to channels like Slack, Microsoft Teams, and even Discord. But with Slack, for instance, able to host hundreds of channels, the whole thing can become quite unwieldy.  Plain, out of the UK, thinks it has the answer. Its API-first platform consolidates

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Phase raises $13M to speed up the UX design process with its no-code platform

Fundraising /

UX and UI designers work closely with engineers throughout product development to build and implement design concepts and wireframes for functional user interfaces. Regular communication, feedback and testing are required for the collaboration to work smoothly and deliver a user experience that aligns with the intended design goals. Nick Budden, a serial entrepreneur who used

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