Startups

Employer.com scoops up another fintech in purchase of MainStreet.com

Employer.com has acquired MainStreet.com for an undisclosed amount, the latest fintech startup to get snapped up by the workforce management company. In a post on X, Employer.com Chairman and co-founder Jesse Tinsley said the two companies were “merging forces to simplify business back office solutions into one powerhouse platform.” Tinsley confirmed the acquisition to TechCrunch.

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A stealth AI model beat DALL-E and Midjourney on a popular benchmark. Its creator just landed $30M.

Recraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year, has raised a $30 million Series B round led by Accel, it exclusively told TechCrunch.  Other investors in the round include Khosla Ventures and Madrona. Based in San Francisco, Recraft previously raised a $12

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Here are Latin America’s biggest startups based on valuation

Not so long ago, the idea of public tech companies emerging from Latin America seemed far-fetched, and Mercado Libre once appeared as rare and mythical as a true unicorn. Today, however, the region is home to several startups that have reached billion-dollar valuations. Some of these startups, propelled into the spotlight by cross-border expansion, are

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What is Mistral AI? Everything to know about the OpenAI competitor

Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech startups and is arguably the only European company that could compete with OpenAI. But compared to its $6 billion valuation, its global market share is still relatively low.  However, the recent

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A new startup called Bono aims to modernize the way people donate to charities 

Every year, donors contribute billions of dollars to charities, yet the donation process still feels outdated and cumbersome. Founders Dan Eblagon and Ron Levy believe there is an easier way to donate, leading to the creation of Bono, a platform designed to facilitate a more modern and streamlined approach to giving.  The platform (named after

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Datadog acquires Eppo, a feature flagging and experimentation platform

Datadog is on an acquisition spree. Just a few weeks after snatching up Metaplane, an AI-powered observability startup, the cloud monitoring and security company has acquired Eppo, a feature flagging and experimentation platform. Eppo will continue supporting existing customers and bringing on new ones under the brand “Eppo by Datadog.” Terms of the deal weren’t disclosed,

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Apple and Anthropic reportedly partner to build an AI coding platform

Apple and Anthropic are teaming up to build a “vibe-coding” software platform that will use generative AI to write, edit, and test code for programmers, Bloomberg reported on Friday. The iPhone maker is planning to roll out the software internally, according to Bloomberg, but hasn’t decided if it will launch it publicly. The system is

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Rising star defense tech startup Mach Industries is raising $100 million, sources say

Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, is about to close a fresh $100 million in financing co-led by new investor Khosla and existing investor Bedrock Capital, a source familiar with the deal tells TechCrunch. The new round will value the company at around $470 million, according to the source. However, the

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Fintech Bench conducts layoff while others still work month-to-month

Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how many people were affected, but one person who works there estimated that Bench was eliminating dozens of positions – that’s a big chunk of the

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