Fundraising

While some account-to-account payments players falter, Volume raises fresh cash

Fundraising /

Online merchants can usually pay up to 8% of every sale on an item to companies like PayPal, Apple Pay, and Stripe — and those costs are usually passed to consumers. So-called ‘account-to-account’ or ‘A2A’ payments can cut transaction fees to below 1%, saving merchants and consumers quite a bit of cash. The difficulty has been […]

While some account-to-account payments players falter, Volume raises fresh cash Read More »

iRobot co-founder’s new home robot startup hopes to raise $30M

Fundraising /

Colin Angle, one of the co-founders of Roomba maker iRobot, is raising cash for a home robotics venture. A filing with the U.S. Securities and Exchange Commission reveals that Angle’s new company, Familiar Machines & Magic, is trying to raise $30 million. So far, it has raised $15 million from a group of eight investors.

iRobot co-founder’s new home robot startup hopes to raise $30M Read More »

56 US startups have become unicorns so far in 2024: Here’s the full list

Fundraising /

Despite the tight venture capital market, unicorns are still being created every month. Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns so far this year. The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other

56 US startups have become unicorns so far in 2024: Here’s the full list Read More »

Databricks is on track to raise a record $9.5+ billion round at $60B valuation

Fundraising /

Databricks is close to finalizing a $9.5 billion round at a $60 billion valuation, including a secondary sale for employees that could climb even higher before it closes, Reuters reports. Just 17 days ago, Reuters reported that the deal was at $8 billion and a $55 billion valuation. Thrive Capital is leading the deal with

Databricks is on track to raise a record $9.5+ billion round at $60B valuation Read More »

As AI-fueled disinformation explodes, here comes the startup counterattack

Fundraising /

With disinformation on the rise, especially given the explosion of AI, companies are just as vulnerable to its effects as individuals. Refute is a London-based startup that detects and responds to disinformation on behalf of these commercial entities. It’s now raised a £2.3 million ($2.9 million) pre-seed round led by UK investors Playfair and Episode 1.

As AI-fueled disinformation explodes, here comes the startup counterattack Read More »

Gigs, an ‘MVNO in a box,’ gets $73M to power mobile network services for any company

Fundraising /

Gigs, a platform that makes it easier for any company to become a mobile virtual network operator (MVNO), has raised $73 million in a Series B round of funding. The announcement comes as countless companies have added mobile networking services to their product lineup this past year, including neobanks such as Nubank (a Gigs customer)

Gigs, an ‘MVNO in a box,’ gets $73M to power mobile network services for any company Read More »

Embedded data analytics startup Embeddable is still handpicking its customers despite strong demand

Fundraising /

Tom Gardiner and Harry Marshall founded Trevor.io in 2016 as a no-code business intelligence platform to help non-data people run analysis on their internal data. That business was solid, but customers increasingly started asking the company for access to the same tools for their customer-facing data. Gardiner told TechCrunch that the company initially resisted the

Embedded data analytics startup Embeddable is still handpicking its customers despite strong demand Read More »

Anybotics raises $60M to bring more autonomous industrial robots to the U.S.

Fundraising /

Swiss robotics company Anybotics has raised an extra $60 million to close its Series B round off at $110 million, some 18 months after first announcing it had raised a $50 million Series B. Spun out from the Eth Zurich research university in 2016, Anybotics has built a quadruped autonomous inspection robot dubbed Anymal, replete

Anybotics raises $60M to bring more autonomous industrial robots to the U.S. Read More »

Upvest, a stock trading API used by N26, Revolut and others, raises $105 million

Fundraising /

Upvest might not be a familiar name if you don’t pay close attention to the fintech industry, but chances are you’ve already interacted with the company’s products. Founded by Martin Kassing (pictured above), the Berlin-based startup builds a white-label investment platform that is used by some of the biggest fintech companies in Europe. Upvest clients

Upvest, a stock trading API used by N26, Revolut and others, raises $105 million Read More »

Green ammonia startup Amogy is trying to raise $90M to reduce truck pollution

Fundraising /

Green ammonia startup Amogy has raised $11.2 million of a targeted $90 million round, an SEC filing reveals. The new round’s target is significantly smaller than its last round — a $139 million Series B-1 that was announced in March 2023 — highlighting the challenges that middle-stage climate startups face today when trying to attract

Green ammonia startup Amogy is trying to raise $90M to reduce truck pollution Read More »