Accel

Build, don’t bind: Accel’s Sonali De Rycker on Europe’s AI crossroads

Venture /

Sonali De Rycker, a general partner at Accel and one of Europe’s most influential venture capitalists, is bullish about the continent’s prospects in AI. But she’s wary of regulatory overreach that could hamstring its momentum. At a TechCrunch StrictlyVC evening earlier this week in London, De Rycker reflected on Europe’s place in the global AI […]

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Vibe coding helps Supabase nab $200M at $2B valuation just seven months after its last raise

Venture /

In 2020, when open source database Supabase was founded, its New Zealand-based CEO, Paul Copplestone, couldn’t have imagined it would be sitting in the sweet spot for 2025’s biggest trend: vibe coding.  But on Tuesday, the fruits of that became evident when it announced a $200 million Series D at a $2 billion post-money valuation

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Scimplify raises $40M to help manufacturers access specialty chemicals

Startups /

Scimplify, an Indian startup that helps pharmaceutical and agriculture companies access a range of specialty chemicals, has raised $40 million in a new funding round co-led by Accel and Bertelsmann Investments to widen its footprint in the U.S. and reach new markets. The Series B round pegs Scimplify’s valuation at about $150 million post-money, the

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Accel backs Indian AI startup building ‘ChatGPT for presentations’

AI /

Presentations.ai, an Indian startup that uses AI to help companies quickly generate presentation decks, has raised $3 million in a seed round led by Accel to scale its software that has emerged from beta after amassing millions of users. Presentations are ubiquitous throughout a business journey — whether a large corporation or a startup —

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Accel doubles down on Sarla Aviation’s ambition to develop electric air taxis in India

Transportation /

Sarla Aviation launched one year ago with a pitch built for India’s congested streets. The electric air taxi startup, named after India’s first woman pilot, Sarla Thukral, would focus on aircraft that can carry more weight — even if that means shorter ranges.  “In India, a shorter range is fine, as long as you can

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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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