Startups

BluSmart investors propose $30M in new funding to revive the Uber rival

Startups /

A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup that abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: its contingent on BluSmart co-founder Anmol Singh Jaggi agreeing to resign. The proposed […]

BluSmart investors propose $30M in new funding to revive the Uber rival Read More »

Carta abandons startup shutdown business, instead backs SimpleClosure’s $15M Series A

Startups /

In February of 2024, equity management startup Carta revealed that it was getting into the startup winddown business with a new offering called Carta Conclusions. By December, the company had decided to “retire” that offering, according to a blog post. And now, SimpleClosure, a startup that has described itself as “the Turbo Tax of shutting

Carta abandons startup shutdown business, instead backs SimpleClosure’s $15M Series A Read More »

AI data startup WisdomAI nabs $23M with a smart way to avoid hallucinations

Startups /

Rubrik co-founder Soham Mazumdar, who left in 2023, has a new data startup called WisdomAI. The company offers AI data analytics that can deliver business insights with structured, unstructured, and even “dirty” data, meaning data not cleaned of typos or errors. Working with data where and how it is, that’s essentially the holy grail for

AI data startup WisdomAI nabs $23M with a smart way to avoid hallucinations Read More »

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

Startups /

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.

Employer.com scoops up another fintech in purchase of MainStreet.com Read More »

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

Startups /

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

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

Here are Latin America’s biggest startups based on valuation

Startups /

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

Here are Latin America’s biggest startups based on valuation Read More »

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

Startups /

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

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

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

Startups /

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

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

Datadog acquires Eppo, a feature flagging and experimentation platform

Startups /

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,

Datadog acquires Eppo, a feature flagging and experimentation platform Read More »