AI models have proven capable of many things, but what tasks do we actually want them doing? Preferably drudgery — and there’s plenty of that in research and academia. Reliant hopes to specialize in the kind of time-consuming data extraction work that’s currently a specialty of tired grad students and interns. “The best thing you […]
Reliant’s paper-scouring AI takes on science’s data drudgery Read More »
HighPost Capital, a private equity firm run by Mark Bezos, Jeff Bezos’ younger brother, and PE veteran David Moross, has launched a new venture capital arm called HIPstr. And with it, fresh capital to invest in startups. The new entity just announced its first VC fund of $100 million. HighPost Capital focuses on consumer companies and
Jeff Bezos’ brother’s firm has launched a debut $100M VC fund called HIPstr Read More »
World Labs, a stealthy startup founded by renowned Stanford University AI professor Fei Fei Li, has raised two rounds of financing two months apart, according to multiple reports. The latest financing was led by NEA and valued the company at over $1 billion, TechCrunch has learned from several people with knowledge of the investments. This
NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B Read More »
The irony was not lost on her. Growing up the daughter of a racing car enthusiast father, Danielle Walsh had become — in her late 20s — the head of HSBC’s ‘Future Cities’ project, the global banking giant’s effort to serve clients’ climate change mandates. It was 2018, and she was reporting both into the banks’
She grew up a gearhead — now her startup has raised $4.3M to cut CO2 from trucking Read More »
Antler, the Singapore VC that focuses on early-stage investments, just closed its second Southeast Asia fund. It’s raised $72 million to double down on startups in Singapore, Indonesia, Vietnam and Malaysia. This should be welcome news for startups. Like other regions, Southeast Asia has faced a persistent funding slump. Between January and July 2024, tech
Antler doubles down on Southeast Asia with $72M second startup fund Read More »
Anysphere, a two-year-old startup that’s developed an AI-powered coding assistant called Cursor, has raised over $60 million in a Series A financing at a $400 million post-money valuation, two sources familiar with the deal told TechCrunch. The round was co-led by Andreessen Horowitz and Thrive Capital. Patrick Collison, co-founder and CEO of Stripe, also participated
The Startup Battlefield is the crown jewel of Disrupt, and we can’t wait to see which of the thousands of applicants will be selected to pitch to panels of top-tier VCs at TechCrunch Disrupt 2024, taking place on October 28–30 in San Francisco. It’s always epic, and every contender is on the road to making a huge
First group of Startup Battlefield judges at Disrupt 2024 Read More »
In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart rivals. It’s still growing, CFO Andy Thomson assures TechCrunch. Thomson claims that CloudPay is handling
CloudPay, a payroll services provider, lands $120M in new funding Read More »
Boston-based Flint Capital just closed its third fund at $160 million, four times the amount of its initial 2013 fund. The capital will be split evenly between early and late stage investments, with the firm doubling down on IT, cybersecurity, fintech and digital health startups. Its success is in large part because of a unique
Flint Capital raises a $160M through an unusual fund-raising strategy Read More »
Every day, employees across the world spend incalculable hours performing tediously repetitive tasks, such as, for example, converting documents into PDFs and then uploading them to a drive, from where it’s sucked into a database and emailed to a team. While UiPath helped pioneer this kind of ‘robotic’ process, it’s also pivoted to an AI-driven mode
AI business agent startup Bardeen pulls in strategic investment from Dropbox and Hubspot Read More »
