Despite the tight venture capital market, unicorns are still being created every month. Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns so far this year. The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other […]
56 US startups have become unicorns so far in 2024: Here’s the full list Read More »
In the U.S. it’s common for companies that have both physical branches and online services to use customer relationship management (CRM) software that tracks all of their interactions with customers in one place. In LatAm that isn’t the case, though, as many enterprises and banks keep the data from physical locations siloed from its digital
Numia’s software brings offline and online customer interaction data into one place Read More »
Bling Capital, one of the more prolific and well-connected seed VC firms, has nabbed another $270 million for a new flagship fourth fund. About half of those fresh millions are earmarked for its opportunity fund, money set aside to make follow-on investments into winners, Bling general partner Kyle Lui tells TechCrunch. Bling is the firm
Ben Ling’s Bling Capital has already nabbed another $270M for fourth fund Read More »
For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. AI deals continued to dominate venture funding during the third quarter. AI companies raised $18.9 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding. The third quarter also saw the close of
Here’s the full list of 44 US AI startups that have raised $100M or more in 2024 Read More »
Elon Musk’s AI company, xAI, is in talks to raise new funding at a valuation around $40 billion, according to The Wall Street Journal. xAI hopes to raise several billion dollars in the round, adding to the $6 billion in Series B funding that the company raised in May. The rumored valuation would nearly double
Elon Musk’s xAI is reportedly trying to raise billions more Read More »
The NAACP announced today NAACP Capital, a $200 million fund of funds to back fund managers focused on issues that impact people of color. The fund was conceived in partnership with Kapor Capital and Kapor Center, along with nine other venture fund managers. Last year, Crunchbase found that Black founders raised less than 1% of
NAACP launches $200 million fund of funds Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Several startups announced new rounds this week without disclosing their valuation. This doesn’t mean that these were down rounds, but rather it confirms that our collective focus
Not all startups mourn IPOs, but liquidity still must flow Read More »
Despite the tight venture capital market, unicorns are still being created every month. Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns so far this year. The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other
49 US startups have become unicorns so far in 2024: Here’s the full list Read More »
Not everyone is convinced of generative AI’s return on investment. But many investors are, judging by the latest figures from funding tracker PitchBook. In Q3 2024, VCs invested $3.9 billion in generative AI startups across 206 deals, per PitchBook. (That’s not counting OpenAI‘s $6.6 billion round.) And $2.9 billion of that funding went to U.S.-based
Investments in generative AI startups topped $3.9B in Q3 2024 Read More »
Port, a platform designed to centralize multiple dev tools and workflows in a single dashboard, has raised $35 million in a Series B round co-led by Accel and Bessemer Venture Partners. Yonatan Boguslavski and Zohar Einy, now Port’s CEO, founded the company in 2022 after serving together in the Israel Defense Forces. Prior to Port,
Port is building internal tool hubs for devs Read More »
