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The startup behind open source tool Polars raises $21M from Accel

Polars, the Amsterdam-based company behind the popular open source project of the same name, has raised €18 million (about $21 million) in a Series A round led by Accel, with participation from Bain Capital Partners and angel investors. But while raising this kind of money is the dream of many developers, its creator Ritchie Vink

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Former Microsoft execs launch AI agents to end Excel-led finance

Despite millions spent on financial software, many finance teams still rely on Excel to close their books and reconcile numbers while preparing them for audit. Two former Microsoft executives view it as a problem — and they have started Maximor to replace spreadsheets with AI agents for the grunt work finance teams perform. Excel spreadsheets

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Paid, the AI agent ‘results-based billing’ startup from Manny Medina, raises huge $21M seed

Manny Medina, previously best-known as the founder of sales automation startup Outreach ($4.4 billion valuation), has wowed investors with his young startup, Paid. Paid just closed an oversubscribed $21.6 million seed round led by Lightspeed. With the €10 million pre-seed round it raised in March, London-based Paid has already raised $33.3 million and hasn’t even

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More executives depart Hyundai’s air taxi startup Supernal

A wider leadership shake-up at Hyundai’s electric air taxi startup Supernal is underway just a few weeks after it paused work on its vehicle program and its CEO and CTO left, TechCrunch has learned. Supernal’s chief strategy officer, Jaeyong Song, and chief safety officer, Tracy Lamb, are no longer with the company, the startup confirmed

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IPO-bound Flipkart gains key approvals to relocate to India

Flipkart is in the advanced stages of securing regulatory approvals to shift its headquarters from Singapore to India, with the transition targeted for later this year, TechCrunch has learned, as the Walmart-owned e-commerce giant prepares for an Indian IPO next year. The redomiciling process has received in-principle approvals from a Singapore court, while several hearings

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Battery startup Moxion went bankrupt. Now its founder is back to ‘finish what we started’

Just over a year ago, Moxion Power closed its doors, adding its name to a list of high-profile bankruptcies that roiled the climate tech world in 2024. The portable battery startup had raised more than $110 million in a bid to replace diesel generators at festivals and construction sites, but even that wasn’t enough to

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Viral call-recording app Neon goes dark after exposing users’ phone numbers, call recordings, and transcripts

A viral app called Neon, which offers to record your phone calls and pay you for the audio so it can sell that data to AI companies, has rapidly risen to the ranks of the top-five free iPhone apps since its launch last week. The app already has thousands of users and was downloaded 75,000

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Alloy is bringing data management to the robotics industry

Robotics companies often have to deal with a simple but confounding problem: Robots produce a lot of data. Even a simple robot can easily produce up to a terabyte of data per day, since  they continuously capture data from cameras and sensors. Sydney, Australia-based Alloy thinks it can help with that issue: the startup is building data infrastructure for robotics companies to help them process

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Rocket.new, one of India’s first vibe-coding startups, snags $15M from Accel, Salesforce Ventures

Rocket.new, an Indian startup building an AI-powered app development platform, has raised $15 million in a seed round led by Salesforce Ventures to take on viral vibe-coding rivals like Lovable, Cursor, and Bolt by letting users build full, production-ready apps from natural-language prompts rather than just quick prototypes. Accel and Together Fund joined Salesforce Ventures

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