Fundraising

Fixify blends automation and human analysts to tackle IT problems

Matt Peters has spent more than a decade working for cybersecurity vendors. He was a team lead at Check Point, climbed the corporate ladder to VP of worldwide operations at FireEye, and spent over four years at Expel, a managed detection and response firm, as chief product officer. Peters says a surprising common thread ran […]

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Interface.ai raises $30M to help banks field customer requests

Interface.ai, a customer automation platform for banks and other financial institutions, today announced that it closed a $30 million funding round led by Avataar Venture Partners. $20 million of the round was equity, while the remaining $10 million was in the form of debt. It’s Interface’s first outside capital; the startup had been completely bootstrapped.

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Turnover Labs is helping chemical plants to reuse their waste CO2

As petrochemical plants and other emitters look to reduce emissions, they’re finding that sopping up and storing all the carbon dioxide they produce doesn’t come cheap. First they have to capture it, an energy-intensive process that requires specialized equipment. Then they have to transport it and stash it away, which can be tricky depending on

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Desktop AI assistant app Highlight spins out of Medal with $10M in funding

Earlier this year, Medal, a startup known for its video game clipping features, launched a cross-platform AI assistant called Highlight. Now, the company is spinning off Highlight into a new entity, which has raised $10 million in a funding round. General Catalyst led the funding round with Valor, SV Angel, and Conviction Embed participating in

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CrewAI uses third-party models to automate business tasks

Back in 2022, João Moura was directing AI engineering efforts at Clearbit, a startup creating a unified hub for business intelligence tools. There, Moura was responsible for leading the development of AI integrations, as well as defining Clearbit’s AI product roadmap. After a year, HubSpot acquired Clearbit, and Moura had the itch to go it

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Uprise wants to help small businesses make better financial decisions

Small business creation has been on the rise in the U.S. since the pandemic. There are a lot of tech tools designed to help these companies with things like payroll or setting up retirement benefits — but more tools doesn’t mean small businesses know how to use them to make smart decisions. Uprise is looking to

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DataCrunch wants to be Europe’s first AI cloud hyperscaler — powered by renewable energy

A fledgling startup is setting out to become one of Europe’s first “AI compute” hyperscalers, with renewable energy playing a pivotal part in its pitch to prospective customers. The AI goldrush has spurred unprecedented demand for “compute,” which refers to the processing power, infrastructure and resources needed for tasks such as running algorithms, executing machine

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Investments in generative AI startups topped $3.9B in Q3 2024

Not everyone is convinced of generative AI’s return on investment. But many investors are, judging by the latest figures from funding tracker PitchBook. In Q3 2024, VCs invested $3.9 billion in generative AI startups across 206 deals, per PitchBook. (That’s not counting OpenAI‘s $6.6 billion round.) And $2.9 billion of that funding went to U.S.-based

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