Fundraising

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

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. 

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

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

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

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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Ulu Ventures sticks to its diversity strategy, raises $208M

While large corporations like Google and Meta are curbing their DEI programs, Ulu Ventures, which just raised a fourth $208 million fund, doesn’t plan to change its strategy of investing in diverse founders, the firm told The Wall Street Journal. Co-founded by Miriam Riviera, a Latina and former vice president and deputy general counsel at

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Suger helps companies list and scale up on cloud marketplaces

When cloud providers like Microsoft Azure and AWS launched cloud software marketplaces a decade ago, it opened up a new sales channel for software-as-a-service (SaaS) companies to get in front of potential enterprise customers. These marketplaces effectively enabled SaaS companies to bypass the traditional, lengthy sales cycles. But rarely is the seller-side experience a walk

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SGNL snags $30M for a new take on ID security based on zero-standing privileges

Security experts often describe identity as the “new perimeter” in the world of security: in the world of cloud services where network assets and apps can range far and wide, the biggest vulnerabilities are often leaked and spoofed log-in credentials.  A startup called SGNL has built a new approach that it believes is better at

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Chestnut Carbon gets $160M to turn old farms into forests

Nature-based carbon removal startup Chestnut Carbon has raised $160 million in Series B financing, the company told TechCrunch. The startup buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits. Carbon credits have become a hot commodity, especially among tech companies looking to offset skyrocketing emissions caused in part

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