Startups

‘Social media should be built on protocols, not platforms’ says Mastodon CEO Eugen Rochko

“Social media should be built on protocols, not platforms,” Mastodon CEO Eugen Rochko said in an interview for TechCrunch’s Equity podcast. “And people should be able to choose freely between different platforms and also be able to move between them.”   Rochko is advocating here for a more decentralized approach to social media, one that allows

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Google-backed Pixxel launches India’s first private satellite constellation

Pixxel, an Indian space tech startup, has successfully launched the first three hyperspectral satellites of its commercial constellation Firefly aboard a SpaceX rocket from California, marking a significant milestone for India’s growing space ambitions. India is home to around 300 space startups and has gained worldwide attention for recent developments, including the successful landing of

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Float Financial, which aims to be the Brex of Canada, lands US$48.5M Series B

Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The Toronto-based fintech likens itself to U.S.-based fintech giants Brex and Ramp but says it is different in that its sole focus is on Canadian SMBs, which CEO and co-founder Rob

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Hippocratic AI raises $141M for creating patient-facing AI agents

Hippocratic AI, a startup building AI solutions that can handle non-diagnostic patient-facing tasks, secured a massive $141 million Series B at a valuation of $1.64 billion led by Kleiner Perkins, the company announced Thursday. The funding comes nine months after Hippocratic AI raised a $53 million round from General Catalyst and Andreessen Horowitz and five

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Scale AI hit by its second employee wage lawsuit in less than a month

Scale AI relies on an army of workers it categorizes as contractors to do essential AI work like labeling images or rating LLM responses for Big Tech and others. But the AI startup, most recently valued at $13.8 billion, is facing mounting legal challenges over its labor practices. On January 3, 2025, former Scale AI

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DoorBox debuts its new and improved smart delivery box at CES 2025

Millions of packages stolen each year. DoorBox aims to change how packages are delivered with its smart package box that features a theft-proof design with live camera feeds and an alarm that activates automatically if the box is tampered with.  After selling 2,000 units of its initial version, which offered manual functionality, the startup unveiled

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Innovaccer aims to become healthcare’s AI powerhouse with $275M Series F

When it comes to data, perhaps no sector has as much of it and in as many distinct silos as the healthcare industry. Hundreds of millions of patient records reside within various electronic health records (EHRs) maintained by vendors like Epic, Cerner and Athena. Insurance companies hold extensive data sets on coverage, reimbursement rates, and

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Xocean raises $119M to capture ocean data with uncrewed surface vessels

Xocean, an Irish marine robotics startup that provides ocean data to the energy and hydrography industries using uncrewed surface vessels (USVs), has raised €115 million ($119 million) as it looks to expand coverage to additional sectors. Founded in 2017, Xocean has built a fleet of remotely-controlled USVs that can remain offshore for long periods of

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