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Today β€” 19 September 2024Main stream

Fal.ai, which hosts media-generating AI models, raises $23M from a16z and others

18 September 2024 at 22:14

Fal.ai, a dev-focused platform for AI-generated audio, video, and images, today revealed that it’s raised $23 million in funding from investors including Andreessen Horowitz (a16z), Black Forest Labs co-founder Robin Rombach, and Perplexity CEO Aravind Srinivas. It’s a two-round deal: $14 million of Fal’s total came from a Series A tranche led by Kindred Ventures; […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Yesterday β€” 18 September 2024Main stream

Era Ventures raises $88M first fund for transforming the β€˜built’ environment

18 September 2024 at 16:00

The real estate market and many real estate-focused startups were hit hard when mortgage rates skyrocketed in 2022, but that didn’t stop industry veteran Clelia Warburg Peters from leaving her role as a venture partner at Bain Capital Ventures to launch her own proptech venture firm. Peters, unlike many other specialist proptech funds, invests in […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

BlackRock and Microsoft are reportedly planning a $30B AI-focused megafund

17 September 2024 at 23:15

Investment powerhouse BlackRock is set to launch a massive AI-focused fund, exceeding $30 billion, in collaboration with Microsoft and the Abu Dhabi-backed investment outfit MGX, the FT reported today. According to the outlet, the fund β€” among Wall Street’s largest β€” will focus on creating data centers and funding energy infrastructure to support AI. Chip […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Before yesterdayMain stream

Workday acquires AI-powered document platform Evisort

17 September 2024 at 15:53

Workday announced on Tuesday that it’s acquiring Evisort, an AI-powered contract management platform, for an undisclosed amount. In a statement, Terrance Wampler, group general manager at Workday, said that Evisort’s tech will enable Workday to add a range of AI-powered document processing tools to its existing finance and HR software. β€œEvisort will help us deliver […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Hgen draws on lessons from Tesla and SpaceX to drive down the cost of hydrogenΒ 

17 September 2024 at 15:00

The startup focuses on optimizing the entire widget, from the electrolyzer’s electrodes to the tangle of pipes and pumps that support them.

Β© 2024 TechCrunch. All rights reserved. For personal use only.

The cybersecurity labor gap now stands at 4M+ open jobs. Intezer has raised $33M for AI tools to plug it

17 September 2024 at 14:40

Cybersecurity has one of the biggest and most urgent talent shortages in the tech industry. Malicious attacks are on the rise, and the techniques being used to worm into networks are growing ever more sophisticated. Yet, the World Economic Forum recently found that there are 4 million cybersecurity positions unfilled globally, and it expects that […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Greenlite, founded by an ex-Gopuff exec, automates construction permitting

17 September 2024 at 14:00

Construction permitting often involves drafting lengthy applications, leading to unpredictable timelines for developers and businesses. There are tens of thousands of jurisdictions β€” each with their own different forms and application processes for building permits. Ben Allen knows a thing or two about permitting. While leading business expansion and strategy at Gopuff, Allen was charged […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Orb founders grew so frustrated dealing with billing at Asana, they built their own billing software

17 September 2024 at 14:00

Billing might not be something that the average person thinks about on a regular basis. But for companies β€” particularly those in the business of selling software β€” it’s massively important. They rely on billing systems to ensure that customers pay on time and have a range of ways to pay. The trouble is, configuring […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Quick-commerce startup Flink raises another $150M at a valuation of nearly $1B

17 September 2024 at 08:40

Flink, a quick-commerce startup out of Berlin that was an acquisition target of Gorillas, Getir, Amazon, and Gopuff, is spelling out how it plans to go forth on its own. TechCrunch has exclusively learned that the company has raised $150 million, which it will use to double down on business in Germany and the Netherlands […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Generative AI startup Typeface acquires two companies, Treat and Narrato, to bolster its portfolio

16 September 2024 at 17:00

Typeface, a generative AI startup focused on enterprise use cases, has acquired a pair of companies just over a year after raising $165 million at a $1 billion valuation. Typeface revealed on Monday that it has purchased Treat, a company using AI to create personalized photo products, and Narrato, an AI-powered content creation and management […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

AI coding assistant Supermaven raises cash from OpenAI and Perplexity co-founders

16 September 2024 at 15:00

Supermaven, an AI coding assistant, has raised $12 million in a funding round that had participation from OpenAI and Perplexity co-founders.

Β© 2024 TechCrunch. All rights reserved. For personal use only.

TeamBridge, founded by former Uber execs, raises $28M to build HR software for hourly workers

16 September 2024 at 15:00

Arjun Vora and Tito Goldstein were working on the corporate side of Uber when they realized that HR software largely wasn’t built to manage hourly staff. Many hourly workers lacked a way to complete basic self-service tasks, the pair perceived, like clocking in and changing payment accounts. After interviewing hundreds of Uber drivers, Vora, an […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

DryMerge promises to connect apps that normally don’t talk to each other β€” and when it works, it’s great

15 September 2024 at 18:00

Platforms to connect apps that wouldn’t normally talk to each other have been around for a minute (see: Zapier). But they have not gotten dramatically simpler to use if you’re nontechnical. Generative AI has lowered the barrier to entry somewhat. However, getting the most out of these platforms β€” and fixing things when they break […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Shrinking teams, warped views, and risk aversion in this week’s startup news

By: Anna Heim
13 September 2024 at 19:05

Welcome to Startups Weekly β€” your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week once again proved that the startup world isn’t homogeneous when it comes to risk-taking. Let’s have a look. Most interesting startup stories from the week […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Howbout raises $8M from Goodwater to build a calendar that you can share with your friends

13 September 2024 at 14:10

There are plenty of calendar and scheduling apps that take care of your professional life and help you slot in meetings with your teammates and work collaborators. Howbout is all about finding time with your friends to catch up. The company is banking on the fact that some Gen Z users are very happy to […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

This startup is making manure out of other biogas power plants and now has $62M to play with

12 September 2024 at 21:00

Working away on his PhD in Munich only a few years ago, Stephan Herrmann (now a doctor) couldn’t have conceived of a time when his idea for a carbon-negative power plant would attract millions in funding. But now, together with Reverion co-founder Felix Fischer, he has a $100 million backlog of orders for his invention […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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