Fundraising

Defense tech startup Epirus raises $250M Series D to counter drone swarms

Fundraising /

Defense tech startup Epirus, which specializes in anti-drone systems, has raised an oversubscribed $250 million Series D, it told TechCrunch. Epirus, based in Torrance, California, was previously valued at $1.35 billion for its $200 million Series C in 2022, per its announcement at the time. Epirus did not give a specific valuation for this round, […]

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Quantexa nabs $175M at a $2.6B valuation to double down on data analytics for AI

Fundraising /

London startup Quantexa has made its name over the years with an enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, it is announcing new funding of $175 million to double down on that business while also moving deeper into another hot area: using its technology to help organizations

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Didi reportedly seeking funds for self-driving unit at $5B valuation

Fundraising /

Chinese ride-hail firm Didi is on the hunt for fresh funds for its autonomous vehicle technology unit that could value it at $5 billion, according to Bloomberg News. Investor interest in self-driving cars is high in China on the backs of IPOs from WeRide and Pony AI, which have a market capitalization of $4.7 billion

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Swap banks $40M to build tools for merchants to deal with tariffs and other cross-border trading nightmares

Fundraising /

Cross-border trade could become significantly more challenging with the wave of new tariffs getting introduced across different markets. Today, in a timely piece of news, a London-founded startup called Swap — which is building tools for e-commerce companies to better navigate the cross-border trading world — is announcing $40 million in funding to expand. Iconiq

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Hotel management platform Mews books $75M round led by Tiger Global

Fundraising /

Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. To meet that demand, Mews, an Amsterdam-founded ‘unicorn’ building an SaaS platform for hotel management, has raised a fresh $75 million. The funding is coming at a crossroad in the travel industry. On one hand are positive signals. Analysts at

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Cino cracks bill-splitting at the moment of payment, raises seed round

Fundraising /

While Venmo or Splitwise are effectively ‘debt collector’ tools, which require one person to pay a full bill and then request funds from others, neither have cracked bill-splitting at the moment of payment. European startup Cino, which has come up with just such a product, has now raised €3.5m in a Seed funding round led

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Dutch startup QuantWare seeks to fast-track quantum computing

Fundraising /

Big tech companies aren’t sleeping on quantum chips: Amazon Web Services introduced Ocelot; Microsoft, Majorana; and Google, Willow. But although all of these can be considered to be breakthroughs, quantum startups often focus on more practical advancements — and they are making progress. Founded in 2020, Dutch startup QuantWare is one of these, which claims

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HackerPulse wants to help enterprises spot engineering bottlenecks

Fundraising /

For years, startups have tried to fill various gaps in how enterprises operate to ostensibly improve processes, eliminate grunt work, and help managers identify and address where their teams are wasting time. The latest to join this cohort is HackerPulse, which has built a platform that gives enterprises more information about what their engineering teams

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Snowflake grows startup accelerator with $200M in new capital

Fundraising /

Snowflake plans to expand its startup accelerator with $200 million in additional commitments, the tech giant that specializes in cloud-based data storage said Thursday. The new injection of capital follows a string of activity by Snowflake over the past several months that illustrates that company’s growth ambitions. The Snowflake Startup Accelerator, formerly known as the

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Archipelo comes out of stealth with $12M funding to secure human and AI-driven code

Fundraising /

When it comes to AI software, you can build something clever, but that’s not always the same as building something that is secure. With so much software now getting written by AI, having a window into its security can be a challenge. That’s the premise of Archipelo, a San Francisco-based cybersecurity startup that is today

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