Fundraising

Ex-Microsoft employees get $4M from Accel to build an AI tool for product presentations

Fundraising /

Product teams often have tons of screen recordings and screenshots that end up unused. Video production using those screen recordings has been time-consuming and expensive. That’s why two former Microsoft employees started to build Lica, which is an AI tool that easily creates tutorials and product videos out of screenshots and screen recordings. The startup was […]

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KPay, a financial management platform for SMEs, raises $55M Series A

Fundraising /

Sometimes, the easiest way to find a great idea for a startup is to look beyond the current problem you’re solving for your customers. That’s exactly what worked for the founders of KPay. Davis Chan and his co-founders previously helped small and medium-sized merchants optimize their revenue and traffic in Asia, but they eventually noticed

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European AI infrastructure company Nebius nabs $700M from Nvidia, Accel, others

Fundraising /

Nebius, the publicly-traded European AI infrastructure company formerly known as Yandex N.V., has raised $700 million in financing to power its U.S. expansion. The financing included “dozens of very well known investors,” Nebius CEO Arkady Volozh (pictured above) told TechCrunch in a press briefing today. While all the names will be revealed when the paperwork

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Zomato raises $1 billion in first major fundraise since 2021 listing

Fundraising /

Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO. The $30 billion food delivery and quick-commerce giant, which leads both those categories, issued approximately 336.5 million shares at ₹252.62 each ($3), according to a stock exchange filing on Friday. The placement, which opened on

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Eyewa now has 150 stores selling eyeglasses in the Mideast, and just raised $100M to add 100 more

Fundraising /

Helping consumers find the perfect glasses is a booming global business, spawning giants like Warby Parker in the U.S. and Lenskart in India. In the Middle East, this market is producing its own rising powerhouse: Eyewa. Eyewa, based in Dubai and Riyadh, sells a wide range of eyewear products, including prescription glasses, sunglasses, blue light

Eyewa now has 150 stores selling eyeglasses in the Mideast, and just raised $100M to add 100 more Read More »

Eyewa now has 150 stores selling eyeglasses in the Middle East and just raised $100M to add 100 more

Fundraising /

Helping consumers find the perfect glasses is a booming global business, spawning giants like Warby Parker in the U.S. and Lenskart in India. In the Middle East, this market is producing its own rising powerhouse: Eyewa. Eyewa, based in Dubai and Riyadh, sells a wide range of eyewear products, including prescription glasses, sunglasses, blue light

Eyewa now has 150 stores selling eyeglasses in the Middle East and just raised $100M to add 100 more Read More »

Roon raises $15M to replace ‘Dr. Google’ with real doctors sharing videos about illness treatments

Fundraising /

Vikram Bhaskaran was leading creator partnerships at Pinterest when his father started showing early symptoms of ALS, a rare, terminal neurodegenerative disease. “It turned my world upside down,” Bhaskaran said. He worked during the day, and spent his evenings Googling the illness and treatment options and in Facebook groups. But Bhaskaran discovered that finding clear,

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Cardless swipes up $30M to build a new generation of co-branded credit cards

Fundraising /

More than a quarter of all U.S. residents use co-branded credit cards today to get discounts and other extras from brands they use regularly, but not all is rosy in the world of loyalty commerce. Major brands like Uber, Starbucks and Walmart have all pulled back from such projects over the years after failing to

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