Fundraising

Grace raises €5.9 million seed to offer insurance to luxury goods

Grace, an insurance company for luxury goods, announced a $6.4 million (€5.9 million) seed round led by FinTechCollective and Speedinvest.  Grace, an insurance company for luxury goods, works with luxury brands to protect purchased consumer goods. If an item is stolen or damaged, a consumer can create a claim through the Grace app. For the […]

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Fourier is making hydrogen electrolyzers inspired by data centers

Despite being the most abundant element in the universe, making cheap, clean hydrogen here on Earth has been a surprisingly tough nut to crack. “Hydrogen has always been plagued with a couple problems, One is, how do you make it efficiently? Another one is, how do you distribute it efficiently?” Siva Yellamraju, co-founder and CEO

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Time’s running out — 4 days left to save over $300 on Founder and Investor Passes for TechCrunch All Stage! Founders, accelerate your journey. Investors, fuel their success. Join us on July 15 at SoWa Power Station in Boston, Massachusetts, for TC All Stage, where 1,200 founders and VCs come together to scale from seed

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OpenAI will reportedly close its SoftBank-led $40 billion round soon

While you’re busy Ghibli-fying your images with ChatGPT’s new image-generation capabilities, OpenAI is out raising a ton more cash. The company is close to finalizing a new $40 billion funding round led by SoftBank, according to a report from Bloomberg. The report noted that other funds, including the hedge fund Magnetar Capital, Coatue Management, Founders

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AI’s coming to the classroom: Brisk raises $15M after a quick start in school

It’s virtually impossible today to determine when a student’s writing has been composed using ChatGPT or another GenAI tool, and it can be a nightmare to disprove incorrect accusations. An AI edtech startup called Brisk has built a tool that could at least help teachers identify some of the telltale signs, and it’s now announcing

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Plural’s platform allows enterprises to manage their Kubernetes clusters in one place

When Sam Weaver was vice president of product management at Unqork, he realized that the company needed a better way to manage its sprawling network of Kubernetes clusters — which are groups of computing nodes. When Unqork couldn’t find anything off the shelf, it assembled a 15-person team to build a Kubernetes management product. Despite

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