Fundraising

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

Fundraising /

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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Mast Reforestation hatched a plan to restore wildfire-ravaged forests. Investors took notice.

Fundraising /

Rebuilding after a wildfire isn’t cheap. The recent Los Angeles wildfires, for example, incurred up to $164 billion in property and capital losses. But restoring the forest isn’t, either, with a few thousand acres running a couple million dollars, Grant Canary, co-founder and CEO of Mast Reforestation, told TechCrunch. “If you’re a land owner and

Mast Reforestation hatched a plan to restore wildfire-ravaged forests. Investors took notice. Read More »

Voyantis aims to help companies figure out their customers’ worth

Fundraising /

How much is a customer worth to a company? That’s the eternal question. To arrive at an answer, customer and sales teams are often forced to use spreadsheets and other manual data analysis methods. The problem is, these methods tend to be slow and error-prone, leading to gaps in reporting processes. The challenge spurred two

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Australian health tech startup Harrison.ai scores $112M Series C

Fundraising /

Medical imaging is crucial for the timely identification of serious diseases like cancer. However, manual interpretation of scans is a time-intensive process. Healthcare professionals increasingly use AI-powered tools for diagnostic purposes, as such technologies can be very effective in detecting and categorizing diseases. A Sydney, Australia-headquartered startup, Harrison.ai, has built AI-enabled medical diagnostic software and

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AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom

Fundraising /

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed

AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom Read More »

Fintech Rapyd seeks funding at $3.5B valuation, a steep drop from $9B

Fundraising /

Rapyd Financial Network is looking to raise $300 million in a new funding round that would value the global payments platform at $3.5 billion, a considerable decrease from its approximately $9 billion valuation set in 2021, according to Bloomberg. The London-based company offers a range of financial services like payments, mobile wallets, money transfers, card

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Laurene Powell Jobs joins Amazon in backing nuclear startup X-Energy in $700M round

Fundraising /

Nuclear startup X-Energy has added $200 million to an existing $500 million Series C round. The small module reactor specialist previously announced a deal with Amazon in October, which included an investment and development agreements to build 300 megawatts worth of nuclear power plants in the Pacific Northwest. New investors in the round include Ares

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Superlogic raises $13.7M at a $200M valuation to help consumers use reward points toward cool ‘experiences’

Fundraising /

Superlogic, a startup that helps give consumers a way to apply rewards points toward experiences, has raised $13.7 million at a $200 million valuation, the company tells TechCrunch exclusively. Lin Dai, CEO and co-founder of Miami-based Superlogic, said his company’s technology is designed to “enhance the value of rewards points” by giving consumers a broader

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Pendulum’s AI-driven platform helps enterprises better predict supply and demand

Fundraising /

Supply chains have had a tumultuous few years, beginning in 2020, when COVID-19 upended legacy global supply chains. More recently, the “TikTok-ification” of retail has companies like Shein and Temu creating new products constantly as consumer demands change at the same rapid pace. Pendulum aims to help companies better plan for supply and demand in

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