Fundraising

Lineaje raises $20M to help organizations combat software supply chain threats

The software supply chain faces threats from all sides. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack, with 54% having experienced one within the past year. Supply chain attacks typically target services from third-party vendors or open source software that make up a […]

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FranShares has a new approach to passive income, letting people invest in franchises for as little as $500

Historically, passive income has been associated with investing in real estate such as rental properties. FranShares is a Chicago-based startup that wants to offer investors another form of passive income: the chance to invest in franchises for as little as $500.  For the unacquainted, a franchisor is a party that owns and licenses a franchise

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Fertility tracking app Flo Health raises $200M at a $1B+ valuation

Femtech, or tech that leverages innovations in AI, smartphones and connected wearables to give women more insights into reproductive and menstrual health, continues to gain momentum with users, and investors are following.  London-based Flo Health, a fertility-focused period-tracking app, on Tuesday said it has raised a $200 million Series C from General Atlantic. The funding

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Packing travel insurance products into an app helped FAYE to a $31M Series B

We’ve been covering US-based Insurtech startup FAYE way back since 2022 with its Seed round, and the Series A round in 2023, and it seems they continue to be on a roll, today announcing a $31 million in Series B funding. What is keeping this online insurance company on the rise?  Well, it would appear

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Canva acquires Leonardo.ai to boost its generative AI efforts

Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to deepen its investments in its AI tech stack. The financial terms of the deal weren’t disclosed, but Canva co-founder and chief product officer Cameron Adams said it’s a mix of cash and stock. All of Leonardo.ai’s 120 employees will

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ZeroTier raises $13.5M to help avert CrowdStrike-like network problems

With the CrowdStrike update continuing to cause havoc across the planet, a startup has raised $13.5 million to at least improve some level of security for the kinds of devices that have been affected. California-based ZeroTier raised the Series A in a funding round led by Battery Ventures. While legacy companies like Cisco or Palo

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bunch raises $15.5M for its platform that simplifies investment management for VCs

Public market investors have a large variety of infrastructure and software that helps them keep track of, analyze and manage their investments, but that’s not the case for investors in private companies, such as venture capitalists. Indeed, a lot of private market investors have to manage and upload information about their investments into a plethora

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VCs are still pouring billions into generative AI startups

Investments in generative AI startups — those that are creating AI-powered products to generate text, audio, video and more — aren’t slowing down. But they’re being consolidated into a shrinking number of early-stage ventures. In the first half of 2023, from January to July 16, 225 startups raised $12.3 billion from VCs, according to Crunchbase

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Pearl raises $58M to help dentists make better diagnoses using AI 

Dental care is a necessity, yet many patients lack confidence in their dentists’ ability to provide accurate diagnoses and appropriate treatments. Some dentists over treat patients, leading to unnecessary expenses, while others may miss critical issues that could develop into more significant and costly problems in the future. While seeking a second opinion from another

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