Fundraising

More money comes to AI healthcare: Qventus nabs $105M at $400M+ valuation

Healthcare is proving to be one of the more lucrative industries for building AI solutions to speed up clinical, research and administrative operations. Now, we have one of the latest examples of how that is playing out in terms of venture funding. Qventus, a startup that builds AI-based tools to automate work across a range […]

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UK in-home healthcare provider Cera raises $150M to expand its AI platform

Around the world, public healthcare systems have struggled to reset post-pandemic, and in particular, the increasingly aged populations in Western countries are putting pressure on services, not least in the UK where ‘NHS in crisis’ is a regular headline in the media. As a result, private companies, many powered with technology, see a gap in

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Here are the five best pieces of founder advice I learned as a host of Found

After more than two years — and nearly 100 episodes — as a host of TechCrunch’s recently ended Found podcast, I have learned a lot about how founders approach building their startups. I’ve heard stories about how founders know when it is the right time to expand from their core product, to how startups approach

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Overhaul raises another $55M to help companies like Dyson and Microsoft fight supply chain theft

Businesses dependent on the physical supply chain — the network of facilities and transportation systems used to move materials from one location to another — chain face a number of challenges, from staff shortages to increasing customer expectations. The pressures aren’t easing up. According to a survey from Prologis, a real estate investment trust, two-thirds

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Biosphere zaps germs with UV light to make biomanufacturing cheaper

Ask any scientist that has worked with cell cultures in a lab: contamination is high on their list of fears. Even one stray bacterium or fungal spore can spoil an entire experiment. Now imagine scaling that risk up to biomanufacturing, which uses living cells to make a range of stuff, including drugs, food ingredients, and

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Anthropic reportedly in talks to raise $2B at $60B valuation, led by Lightspeed

OpenAI rival Anthropic is in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners, according to The Wall Street Journal. The round, which The Journal reports would value Anthropic at $60 billion, would bring Anthropic’s total raised to $15.7 billion, going by Crunchbase’s data. It would also

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Electra found a cheap, clean way to purify iron, and it’s raising $257M to make it happen

Electra has raised $76.3 million to clean up the dirty ironmaking industry, TechCrunch has learned. The startup has developed a novel method of using electricity to coax pure iron out of low-grade ores, opening the door to cleaner steel. The new funding round, which was disclosed in a regulatory filing, seeks to raise a total

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KoBold used AI to find copper — now investors are piling in to the tune of $537M

KoBold Metals closed a $537 million Series C round on Wednesday to help build a multi-billion-dollar mine to exploit a copper deposit it found using AI. The new funding round, which was led by Durable Capital Partners and T. Rowe Price, will be used to expand the company’s exploration efforts on five continents and develop

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