Fundraising

Canva acquires Leonardo.ai to boost its generative AI efforts

Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to deepen its investments in its AI tech stack. The financial terms of the deal weren’t disclosed, but Canva co-founder and chief product officer Cameron Adams said it’s a mix of cash and stock. All of Leonardo.ai’s 120 employees will […]

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ZeroTier raises $13.5M to help avert CrowdStrike-like network problems

With the CrowdStrike update continuing to cause havoc across the planet, a startup has raised $13.5 million to at least improve some level of security for the kinds of devices that have been affected. California-based ZeroTier raised the Series A in a funding round led by Battery Ventures. While legacy companies like Cisco or Palo

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bunch raises $15.5M for its platform that simplifies investment management for VCs

Public market investors have a large variety of infrastructure and software that helps them keep track of, analyze and manage their investments, but that’s not the case for investors in private companies, such as venture capitalists. Indeed, a lot of private market investors have to manage and upload information about their investments into a plethora

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VCs are still pouring billions into generative AI startups

Investments in generative AI startups — those that are creating AI-powered products to generate text, audio, video and more — aren’t slowing down. But they’re being consolidated into a shrinking number of early-stage ventures. In the first half of 2023, from January to July 16, 225 startups raised $12.3 billion from VCs, according to Crunchbase

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Pearl raises $58M to help dentists make better diagnoses using AI 

Dental care is a necessity, yet many patients lack confidence in their dentists’ ability to provide accurate diagnoses and appropriate treatments. Some dentists over treat patients, leading to unnecessary expenses, while others may miss critical issues that could develop into more significant and costly problems in the future. While seeking a second opinion from another

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Spanish startup Exoticca raises a €60M Series D for its tour packages platform

The type of overseas trip where you need multiple hotels, flights, activities, transfers, transport methods and guides has traditionally been undertaken by travel agents. Since there’s no real-time pricing for such complex offerings, travelers have few other options. Spanish startup Exoticca set out to crack that nut and has now raised a €60 million Series

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OpenAI-backed legaltech startup Harvey raises $100M

Harvey, a startup building what it describes as an AI-powered “copilot” for lawyers, has raised $100 million in a Series C round led by GV, Google’s corporate venture arm. The tranche, which also had participation from heavy-hitting angels and VCs OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil and SV Angel, brings Harvey’s total raised to

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Farmblox puts the control into farmers’ hands with its AI-powered sensor-reading platform

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

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Level AI applies algorithms to contact center pain points

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

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