Nathan Rosenberg, the founder of farm automation platform Farmblox, said if there is one thing to know about trying to sell technology to farmers, it’s that you can’t tell them what to do. “[Farmers] are multigenerational,” Rosenberg told TechCrunch. “It is not a profession, it’s more a community, a way of life, and you need […]
Ashish Nagar, an engineer by trade, was working at Amazon’s Alexa org on the conversational AI team when he realized that AI had the potential to greatly bolster productivity in contact centers. “Frontline workers, like customer service workers, are the biggest human capital in the world,” Nagar told TechCrunch. “So, my idea was to use
Level AI applies algorithms to contact center pain points Read More »
Cybersecurity firm Protexxa has closed a $7.2 million ($10 million Canadian dollars) Series A, led by a family office, for its AI-powered tech that helps companies address cybersecurity concerns by identifying issues and offering solutions. The Canada-based company was founded by former cybersecurity executive Claudette McGowan in 2021. Using its artificial intelligence-powered platform, Protexxa can,
Clio, a Canadian software company that aims to help law practices run more efficiently with its cloud-based technology, has raised $900 million in a Series F round that values the company at $3 billion. The valuation is nearly double the $1.6 billion valuation the Vancouver, British Columbia company achieved in April 2021 when it raised
Legal tech Clio raises $900M at a $3B valuation, plans to double down on AI and fintech Read More »
Eric Zhu started building Aviato, an analytical platform for private market data, in a very typical place for an entrepreneur: the bathroom in his Carmel, Indiana, high school. Now the 17-year-old’s startup is emerging from stealth with $2.3 million in venture funding. Aviato tracks funding rounds and headcount, similar to competitors like Crunchbase and PitchBook, but
Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. Bloomberg says that the round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion. That’s more than double
Cohere raises $500M to beat back generative AI rivals Read More »
Proponents of nuclear fusion have long promised to create nearly limitless power here on earth by harnessing the same reaction that powers the sun. Today, fusion’s biggest hurdle is ensuring that any fusion power plant produces more power than it needs to operate. The second is ensuring that it has enough fuel to run. Many
Without this company’s technology, future fusion power plants might never light up Read More »
Fast-growing payroll provider Deel is making a sizable acquisition, its third this year. Deel announced on Thursday that it acquired Hofy, a London-based company that delivers and helps manage office equipment for remote hires. Financial terms weren’t disclosed, but a source familiar with the matter told TechCrunch that the deal was worth over $100 million.
Deel acquires Hofy to build its own IT device management service Read More »
To say that Pix, the instant payment system created by the Central Bank of Brazil, has been a resounding success is an understatement. With Pix, money moves directly between core banking systems of different financial institutions. Adoption has been widespread and ubiquitous. The country’s residents have the ability to even pay street vendors using the
More than 3 billion people around the globe rely on wild-caught and farmed seafood products for their protein intake. The world’s aquaculture production has hit a new record, and 89% of all aquatic animal production is being used for direct human consumption, according to a report published just last week. This shows a continuous increase
Wittaya Aqua’s data-driven AI helps seafood farmers increase aquaculture production Read More »
