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Yesterday — 12 November 2024Main stream

LocalStack raises $25M to help developers emulate and test cloud apps locally

12 November 2024 at 16:00

Knowing how your cloud application will behave in production usually requires significant development and testing in the environment in which it will be deployed, be that AWS, Azure, Google Cloud, or wherever. But this can be a resource-intensive endeavor, particularly with issues relating to latency (the time it takes to constantly send data) and the […]

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NitroVolt is helping farmers make their own fertilizer using renewable power

12 November 2024 at 15:15

The majority of the world’s ammonia is produced using the 115-year-old Haber-Bosch process, which is heavily reliant on natural gas. NitroVolt could change that.

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

Generative AI startup Writer raises $200M at a $1.9B valuation

12 November 2024 at 15:09

Writer has raised $200 million at a $1.9 billion valuation to expand its enterprise-focused generative AI platform. The Series C round was co-led by Premji Invest, Radical Ventures and ICONIQ Growth, with participation from Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures and Workday Ventures. Writer CEO May Habib says the new cash, […]

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General Catalyst and Khosla Ventures back data mapping startup Lume

12 November 2024 at 15:00

Data integration is a necessary part of many workflows from onboarding customer data to exercising payroll, but for many data sets the process is long and manual. Data is siloed into databases and SaaS applications that each keep the information in different formats, which makes it difficult to move information from one database to another. […]

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How two brothers went from growing up on a sailboat to making underwater military vehicles 

12 November 2024 at 15:00

Vatn Systems founders Nelson and Freddie Mills spent their childhood cruising over turquoise waters, doing their homework on a sailboat off the coast of Caribbean islands. While their surroundings were idyllic, their vessel of choice was decidedly not. “The first boat I remember, I think our parents bought it for like five, ten grand,” Freddie […]

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PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds

12 November 2024 at 14:01

Enterprise spending on cloud services continues to go up, up, up — to the tune of $675 billion this year — thanks to organizations’ firm embrace of software-as-a-service, the popularity of distributed working, and the arrival of compute-intensive tech like AI. A startup called PointFive that believes it has found a better way to get […]

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Conduktor looks to gatekeep ‘bad data’ out of company’s apps

12 November 2024 at 13:00

It was 2020, and Nicolas Orban, Stéphane Derosiaux and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to embrace cloud services. “Many companies were finding it difficult to scale their […]

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Germany’s Klim raises $22M to take its regenerative farming platform international

12 November 2024 at 14:00

Global food production generates at least a quarter of greenhouse gas emissions, more than 80% of which comes from agriculture. But addressing that impact is easier said than done since there are simply so many moving parts to address. “Regenerative” farming is often touted as one way to make progress towards several sustainability goals, as it offers […]

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Agicap secures $48 million for its cash flow management platform

12 November 2024 at 07:00

On average, Agicap’s clients manage 15 different bank accounts each. So the chief financial officers (CFOs) working for these companies sometimes struggle to make sure that there will be enough money in the right bank account to pay employees and suppliers across different subsidiaries, countries and currencies. That’s also why they turn to Agicap to […]

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Before yesterdayMain stream

SpaceX alums find traction on Earth with their Mars-inspired CO2-to-fuel tech

11 November 2024 at 18:30

Though General Galactic is focused on producing methane, the company isn’t necessarily looking to displace the fuel from heating and energy.

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From self-driving cars to AI that writes enterprise software: Cogna founder raises $15M

11 November 2024 at 14:28

A founder who was an early mover in the race to build autonomous vehicles has raised $15 million for his next act: a startup that claims its AI can write enterprise software on its own. Cogna — as the U.K.-based startup is called — is led by Ben Peters, the technical co-founder of FiveAI, a […]

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Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital

11 November 2024 at 11:00

Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right. Fernando Gadotti struggled with this as the co-founder of DogHero, LatAm’s version of Rover. When Gadotti left the company in 2022, after selling it […]

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Open source projects draw equity-free funding from corporates, startups, and even VCs

10 November 2024 at 14:00

A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha launched […]

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Upwind, an Israeli cloud cybersecurity startup, is raising $100M at a $850-900M valuation, say sources

9 November 2024 at 01:15

Cybersecurity continues to command a lot of attention from enterprises looking for better protection from malicious hackers, and VCs want in on the action. In the latest example, TechCrunch has learned and confirmed that Upwind — a specialist in assessing and securing cloud infrastructure — is closing in on a $100 million round at a […]

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Benchmark, Index, others are in a wild unsolicited bidding war over Anysphere, maker of Cursor

8 November 2024 at 23:09

There isn’t a shortage of AI-powered coding assistance startups. They include Augment, Codeium, Magic, and Poolside. However, Cursor has become one of the most popular. Its developer, Anysphere, has seen its revenue grow from $4 million annualized recurring revenue (ARR) in April to $4 million a month as of last month, according to a person […]

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Startup land wasn’t as quiet this week as you might’ve expected

By: Anna Heim
8 November 2024 at 21:08

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! This week probably wasn’t the best one to make any type of big announcement. But when it comes to startups, there are quite a few contrarians, leaving us […]

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