Fundraising

In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several…

CloudPay, a payroll services provider, lands $120M in new funding

Flint Capital just closed its third fund at $160 million. Its has a unique strategy for finding its limited partner investors. 

Flint Capital raises a $160M through an unusual fund-raising strategy

Bardeen has raised $3M to build its platform that uses a natural language interface to automate repetitive knowledge work.

AI business agent startup Bardeen pulls in strategic investment from Dropbox and HubSpot

Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we settle in to the second half of the year. This year delivered…

From Skims to Stripe, here are the startups that are likely — or definitely — not having IPOs this year

Digital transformation — the process of transforming outdated apps and processes with cloud technologies and digital workflows — can be a risky undertaking. In 2023, Harvard Business Review reported that…

Mechanical Orchard, led by ex-Pivotal CEO, scores $50M round led by Alphabet’s GV

Napkin wants to use generative AI to make turning text into visualizations as easy as clicking on a button and customizing the results.

Napkin turns text into visuals with a bit of generative AI

In a sign that big tech companies are ready and willing to shell out cash for database tech, Neon, a startup building an open source alternative to AWS Aurora Postgres,…

Database startup Neon nabs a Microsoft investment

The ex-Clubhouse, Netflix employees raised $1.65M for an app that combines social media, networking, and dating.

Ex-Clubhouse employees take another swing at a social networking startup

Amazon has released an upgraded version of its in-house image-generating model, Titan Image Generator, for AWS customers using its Bedrock generative AI platform. Simply called Titan Image Generator v2, the…

Amazon upgrades its AI image generator

Plonts’ cheese is made from soybeans, one of the most efficient ways to grow protein. Soybeans themselves are not very flavorful, and that is where fermentation and aging, help Plonts…

Who cut the plant-based cheese? Plonts did with microbes, and it’s stinky

Hyperspace, a Tel Aviv-based startup, says its custom cloud instances for database searches can dramatically speed up queries.

Hyperspace is using ‘domain-specific computing’ to accelerate database searches

It’s not easy for organizations to become data-driven, despite the aspirations many have to get there. Even orgs with data analytics teams often struggle to make effective use of their…

German computer scientists raise $30 million to help companies make sense of their data

Quantum computing may still largely be in the theoretical domain, but the money that it’s attracting is very real.

UK’s Riverlane scores $75M to correct quantum errors

A startup developing AI market research based on location data, and backed by a who’s who, has quietly raised, TechCrunch has learned.

Placer.ai boosts valuation to $1.5B after quietly raising another $75M

The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other AI startups.

38 startups have become unicorns so far in 2024: Here’s the full list

Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it has raised $640 million in a new funding round led by…

AI chip startup Groq lands $640M to challenge Nvidia

Featured Article

Even after $1.6B in VC money, the lab-grown meat industry is facing ‘massive’ issues

Any goal that puts cultivated meat in big box grocery stores or on fast food menus in the 2020s is “unrealistic,” according to experts.

Even after $1.6B in VC money, the lab-grown meat industry is facing ‘massive’ issues

Investors are assisting startup founders earlier than ever in an effort to help them bridge the first climate tech valley of death.

Why Bill Gates’ Breakthrough Energy and other investors are scouring universities for founders

Self-driving technology company Aurora Innovation was hoping to raise hundreds of millions in additional capital as it races toward a driverless commercial launch by the end of 2024. The company, which…

Self-driving truck startup Aurora Innovation raises $483M in share sale ahead of commercial launch

The startup developed a two-material system that helps homes self-regulate their internal humidity.

Adept Materials’ dehumidifying paint was inspired by trees and semiconductors

The San Jose-based startup raised $60 million in a round that values it lower than the $500 million valuation it garnered in its most recent round, according to multiple sources.

Sequoia-backed Knowde raises Series C at a valuation cut

When Xiaoyin Qu was growing up in China, she was obsessed with learning how to build paper airplanes that could do flips in the air. Her parents, though, didn’t have…

Heeyo built an AI chatbot to be a billion kids’ interactive tutor and friend

The company also said it has received regulatory clearance to start Phase 2 clinical trials for a new drug in the U.S. later this year.

Healx, an AI-enabled drug discovery platform for rare diseases, raises $47M

Global startup funding was up 16% in the second quarter, according to Crunchbase data, led by an uptick in mega-rounds. That increase was led, unsurprisingly,…

Global startup funding is picking up with AI still in the spotlight

Checkly helps devs get signals about an app’s performance and downtime, offering a set of subscription-based synthetic monitoring tools.

Checkly tests software by mimicking the way people use it

The software supply chain faces threats from all sides. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack, with…

Lineaje raises $20M to help organizations combat software supply chain threats

AI hardware is all the rage in startup land — though receptions have thus far been mixed. Two notable examples, Rabbit and Humane, released devices to disappointing results. a16z-backed Limitless…

Friend’s $99 necklace uses AI to help combat loneliness

Historically, passive income has been associated with investing in real estate such as rental properties. FranShares is a Chicago-based startup that wants to offer investors another form of passive income:…

FranShares has a new approach to passive income, letting people invest in franchises for as little as $500

The fundraising environment is challenging for emerging managers, defined as VC firms raising their first through third time. But Katie Jacobs Stanton, a former head of media at Twitter who…

Moxxie Ventures, led by ex-Twitter media head, raises $95M third fund

Women’s health tech, which leverages innovations in AI, smartphones and connected wearables to give women more insights into reproductive and menstrual health, continues to gain momentum with users, and investors…

Fertility tracking app Flo Health raises $200M at a $1B+ valuation