Fundraising

YC-backed Hona looks to reduce the communication friction between law firms and their consumer clients

When Manny Griffiths worked with a personal injury lawyer after his wife’s car accident, he was surprised by the lack of information and communication from their lawyer regarding their claim. The couple sometimes wouldn’t hear from their lawyer for months and found the entire process to be really opaque. Griffiths dug deeper and learned that […]

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Startups Weekly: Clash of the AI titans, and Europe is firing on all cylinders

Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Hold on to your Apple Watches, folks! At WWDC 2024, Apple finally decided to give Siri a brain transplant with something they’re calling “Apple Intelligence” (AI—get

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Enveda raises $55M to combine ancient remedies with AI for drug discovery

For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its modified version as Aspirin. Aspirin is just one example of a medicine derived from natural sources. In fact, the World Health Organization estimates that around 40% of

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Tern AI wants to reduce reliance on GPS with low-cost navigation alternative 

The most critical systems of our modern world rely on GPS, from aviation and road networks to emergency and disaster response, from precision farming and power grids to weather forecasting and military defense. That dependence is becoming a problem.  “We’ve got an increased threat from foreign adversaries who have shown capabilities to jam, to destroy,

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VC Sheel Mohnot leads $4.3M seed in automated financial reporting fintech InScope

The financial reporting and auditing process is not often on the list of sexy topics that technology startups want to go after. And yet, when errors are made on financial reports, like the one Lyft had earlier this year, it can have dire consequences for a company. Just ask Lyft. After years of performing reporting

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Germany’s Black Semiconductor raises $273M for graphene-based chip tech

Tech sovereignty has become a looming priority for a number of nations these days, and now, with the demand for compute power at its highest level yet, a startup working in semiconductors has received a major boost in aid of that effort for Germany and Europe.   Black Semiconductor, which is developing a new kind of

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Kelvin wants to help save the planet by applying AI to home energy audits

When you’re looking for a startup idea that could slow climate change, you might become an expert at home energy assessments. At least, that’s what happened to the founders of Kelvin, a French startup that is using computer vision and machine learning to make it easier to audit homes for energy efficiency. Clémentine Lalande, Pierre

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Stake raises $14M to bring its fractional property investment platform to Saudi Arabia, Abu Dhabi

The UAE is facing a good problem: Its real estate market is booming, and there is a shortage of buyers. Dubai rents in 2024 jumped 23% year-on-year back up to pre-pandemic levels, and sales are up 18%, according to Deloitte, and this upward trend is set to continue for the coming years. No doubt some

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Fintech Torpago has a unique way to compete with Brex and Ramp: turning banks into customers

Fintechs often give banks a run for their money, pun intended, when it comes to using technology to improve the customer experience. Torpago, a commercial credit card and spend management provider, is no different, but with one caveat — banks are who it builds technology for, particularly community banks. It’s true, Torpago is often grouped

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Dive goes cloud-native for its computational fluid dynamics simulation service

Computational Fluid Dynamics (CFD) simulations are complex, computationally expensive and not typically something that startups focus on. But that’s exactly what Boston- and Berlin-based Dive is doing. The company aims to change how manufacturers use computer simulations by both using modern mathematical approaches and cloud computing to disrupt a market that is mostly dominated by

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