Fundraising

Nvidia’s AI empire: A look at its top startup investments

No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared.  During that period, the world’s leading high-performance GPU maker

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Geothermal unicorn Fervo Energy may IPO as early as next year

Geothermal startup Fervo Energy is reportedly eyeing an initial public offering in the next two years. Driving the consideration is the growing concern over power demand growth from data centers, which could double by 2029. “There’s clearly a huge hunger in the public markets right now to figure out, how are we going to solve

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Estonia-based Blackwall raises €45 million Series B to protect SMBs from malicious online traffic

A huge chunk of online traffic now comes from bots, both good and bad — but AI is boosting the latter. From DDoS attacks to scraping, there’s a renewed barrage of threats that companies have to deal with. According to cybersecurity entrepreneur Nikita Rozenberg, the impact is more severe for SMBs. “The main difference is

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Project Europe, a new early stage fund, will back under-25s with $200K to build the next tech titan

A recurring theme in Europe’s tech world is that the region needs its own Google or Microsoft, and that in this day and age, to be more resilient and independent, it should, could and must build it. Now comes the launch of a new fund to support this initiative. Project Europe — a new fund

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Pentera nabs $60M at a $1B+ valuation to build simulated network attacks to train security teams

Strong and smart security operations teams are at the heart of any cybersecurity strategy, and today a startup that builds tooling to help keep them on their toes is announcing some funding on the back of a lot of growth. Pentera — which has built a system that launches simulations of network attacks to stress

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BaaS startup Synctera raises $15M, signs Bolt as a customer

The banking-as-a-service space took a hit last year when Synapse collapsed. But that hasn’t stopped BaaS startup Synctera from raising another $15 million in funding, it tells TechCrunch exclusively. Synctera works to provide companies “of all shapes and sizes with everything they need to launch and operate fintech and embedded banking products,” including: accounts, cards,

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Sola emerges from stealth with $30M to build the ‘Stripe for security’

Enterprises these days can choose from hundreds of apps and services available to secure their networks, data and assets — nearly as many more to help them manage all the alerts and extra work that those security apps generate. But what if you could build your own apps, customised to your own workloads, to simplify

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Startup studio Hexa acquires majority stake in Veevart, a vertical SaaS platform for museums

Hexa is trying something new. Instead of fostering startups from the ground up and incubating them for the first year or so, the Paris-based startup studio is acquiring a majority stake in Veevart, a vertical software-as-a-service company for museums that provides solutions for ticketing, fundraising, CRM and collection management. Hexa is a familiar name in

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Daqus Energy has a plan to make EV sports cars fast, light, and cheap

Cheaper, lighter, and denser: the trifecta defines an ideal battery. No one has devised a perfect cell quite yet, but one stealthy startup thinks it has found a new material that solves at least two of those challenges. Daqus Energy has been quietly operating for the past couple years, refining a compound known as TAQ

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