Fundraising

Neko, the body-scanning startup co-founded by Spotify’s Daniel Ek, snaps up $260M at a $1.8B valuation

Stockholm startup Neko Health has made a big bet on consumers wanting to learn about their state of health and how to prevent things going wrong. Now, investors are making a big bet on Neko.  The startup has raised a fresh $260 million in funding, a Series B that values Neko at $1.8 billion post-money, […]

Neko, the body-scanning startup co-founded by Spotify’s Daniel Ek, snaps up $260M at a $1.8B valuation Read More »

Raymond Tonsing’s Caffeinated Capital seeks $400M for fifth fund

Caffeinated Capital, a San Francisco venture firm started by a solo capitalist Raymond Tonsing, is raising a fifth fund of $400 million, according to a regulatory filing. The firm, an early investor in software company Airtable and defense startup Saronic, has already raised $160 million toward the fund. If Caffeinated hits its target, it will

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AI’s $100 billion impact: 2024’s venture capital surge and the road ahead for startups

It’s no secret that 2024 was a breakout year for AI, with the sector attracting over $100 billion in funding – nearly a third of the total global investment for the year. Today on TechCrunch’s Equity podcast, Julie Bort sits down with Crunchbase News’ Senior Data Editor, Gené Teare, to dive deeper into the year’s

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Lindus Health raises $55M to ‘fix the broken clinical trial industry’

A four-year-old London startup backed by Peter Thiel has raised a $55 million Series B round as it sets about “fixing the broken clinical trial industry.” The announcement comes as artificial intelligence is shaping up to revolutionize drug discovery and development, in turn spurring demand for a streamlined clinical trial process to help get new

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Vertice raises $50M for its AI-powered SaaS spend platform

Vertice has made a name for itself over the years in the crowded world of expenditure management by focusing on applying AI to optimize an area where businesses are sinking hundreds of billions of dollars annually: software and cloud spend. The London-based startup’s business has grown 13x in the three years since its inception (similar

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Funding to fintechs continues to decline, but at a slower pace

Welcome to TechCrunch Fintech!  This week, we’re looking at just how much fintech startups raised in 2024, a slew of fundraising deals, Plaid’s reported revenue growth last year, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The

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Karmen secures $9.4 million for its revenue-based financing products

French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel

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Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets

Distracted driving is one of the leading causes of car accidents and a major reason why auto insurance premiums are expected to increase in 2025. For commercial fleets, that’s a nightmare. But for California-based startup Netradyne, it’s a tailwind.  Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data

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Nord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to production

A new AI orchestration startup from the founders of Lithuanian unicorn Nord Security is setting out to help enterprises put their AI projects into production, with an initial focus on bringing greater visibility, security and adaptability to large language models (LLMs). Nexos.ai, as the startup is called, is the handiwork of Tomas Okmanas (pictured above)

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This MIT spinout wants to spool hair-thin fibers into patients’ brains

You can’t start a company without a healthy dose of daring, and that’s certainly the case with NeuroBionics. The MIT-spinout thinks it could one day improve the lives of millions of people who live with neurological conditions like depression, epilepsy and Parkinson’s disease.  Famed investor Steve Jurvetson of Future Ventures said that if everything goes

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