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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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How Riot Games is fighting the war against video game hackers

For as long as there have been video games, there have been people willing to find ways to cheat. Hobbyists have long dedicated themselves to finding vulnerabilities in games, often with the goal of developing cheats that they could share or sell. But ever since online competitive gaming became a legitimate profession, that hobby-hacking has

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Dating app Raw exposed users’ location data and personal information

A security lapse at dating app Raw publicly exposed the personal data and private locations data of its users, TechCrunch has found. The exposed data included users’ display names, dates of birth, dating and sexual preferences associated with the Raw app, as well as users’ location. Some of the location data included coordinates that were

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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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Nuvo, a network for B2B trade, has nabbed $34M from Sequoia and Spark Capital

Nuvo, a company that has built a social-like platform to facilitate easier purchasing of physical goods between businesses, has raised a $34 million Series A from Sequoia Capital and Spark Capital, it tells TechCrunch exclusively. The San Francisco-based startup previously raised $11 million in an undisclosed seed round led by Founders Fund and Index Ventures

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AI sales tax startup Kintsugi had doubled its valuation in 6 months

Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small and medium businesses to use its AI-enabled capabilities for tax calculations and filings. The ongoing growth of

AI sales tax startup Kintsugi had doubled its valuation in 6 months Read More »

AI sales tax startup Kintsugi has doubled its valuation in 6 months

Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small and medium businesses to use its AI-enabled capabilities for tax calculations and filings. The ongoing growth of

AI sales tax startup Kintsugi has doubled its valuation in 6 months Read More »

Hoofprint Biome boosts cow nutrition while slashing methane burps

Sometimes, answering a long-standing problem is a matter of finding a new perspective. Take methane from cows: For years, people have been trying to eliminate the gas from cow burps in an attempt to limit the livestock’s impact on the climate. But they haven’t made a dent. That’s in part because they were looking at

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Deel officially agrees to be served legal papers in Rippling’s lawsuit

HR tech giant Deel says its executives have formally accepted to be served legal documents in its ongoing court battle with rival Rippling in Ireland. This ends weeks of suspense after Rippling’s bailiffs couldn’t find Deel’s execs to serve them – only for Deel’s CEO and top lawyer to turn up in Dubai. Deel CEO

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Deel officially agrees to be served legal papers in Rippling’s lawsuit

HR tech giant Deel says it has formally accepted to be served legal documents in its ongoing court battle with rival Rippling in Ireland. This ends weeks of suspense after Rippling’s bailiffs couldn’t find Deel’s execs to serve them – only for Deel’s CEO and top lawyer to turn up in Dubai. Deel CEO Alex

Deel officially agrees to be served legal papers in Rippling’s lawsuit Read More »