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Headline Asia closes $145M fund to fuel investments in Asia-Pacific
<p>With the current economic uncertainties and geopolitical challenges, securing funding for startups in Asia has recently become more difficult. Venture capital firms have also been impacted by the downturn, leading to a decrease in the number of funds being closed. The VC market is “going through [one of its] cyclical winters marked by high interest […]</p>
Rahul Patil
May 193 min read
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AI startup Cohere acquires Ottogrid, a platform for conducting market research
<p>AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. Sully Omar, one of the founders of Ottogrid, announced the deal Friday in a post on X. He didn’t disclose the terms. Ottogrid will sunset its product, according to Omar, but will give customers […]</p>
Rahul Patil
May 162 min read
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The Nuclear Company raises $51M to develop massive reactor sites
<p>The funding round arrives as tech companies and utilities are struggling to secure power for data centers.</p>
Rahul Patil
May 163 min read
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AI video startup Moonvalley lands $53M, according to filing
<p>Roughly a month after Moonvalley, a Los Angeles-based startup developing AI tools for video creation, said it secured $43 million in new funding, the company has raised more, according to a filing with the SEC. The filing, submitted Thursday, reveals that Moonvalley actually landed (so far) around $53 million total from a group of 14 unnamed […]</p>
Rahul Patil
May 163 min read
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Fieldstone Bio is building microbes that can sense everything from TNT to arsenic
<p>Fieldstone Bio recently raised $5 million in seed funding.</p>
Rahul Patil
May 153 min read
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Startups Weekly: A brighter outlook, but don’t get carried away
<p>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. Startup news this week was fairly routine — in a good way: Aside from a minor kerfuffle between Y Combinator and Google, there was no headline-grabbing drama. […]</p>
Rahul Patil
May 154 min read
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Doji raises $14M to make virtual try-ons fun through AI avatars
<p>For years, big tech companies like Amazon and Google have been trying to make virtual try-ons engaging to encourage consumers to shop more online. Startups also tried to solve for inspiration and fit in fashion using AI. A new startup called Doji is now entering this space with an app designed to make apparel try-ons […]</p>
Rahul Patil
May 154 min read
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Hedra, the app used to make talking baby podcasts, raises $32M from a16z
<p>Hedra, which offers a video generation and editing suite powered by its Character-3 model, has raised $32M.</p>
Rahul Patil
May 153 min read
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Harvey reportedly in discussions to raise $250M at $5B valuation
<p>Harvey AI is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported</p>
Rahul Patil
May 151 min read
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AI notetaking app Granola raises $43M at $250M valuation, launches collaborative features
<p>AI-powered notetaking app Granola is raising $43 million in funding at a $250 million valuation. It is also launching a team sharing feature.</p>
Rahul Patil
May 143 min read
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TensorWave raises $100M to grow its AMD-powered cloud infrastructure
<p>TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase. Maverick Silicon, Nexus Venture Partners, and […]</p>
Rahul Patil
May 142 min read
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Realta Fusion taps $36M in fresh funds for its fusion-in-a-bottle reactor
<p>Realta hopes to build power plants cheaply enough to supply power as low as $40 per megawatt-hour.</p>
Rahul Patil
May 133 min read
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Startups Weekly: Different paths on the road to liquidity
<p>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 was busy for startups: While there were no IPOs of note, there were other exits and even unusual liquidity events, as well as a significant […]</p>
Rahul Patil
May 93 min read
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Bill Gates tells his foundation to spend it all by 2045
<p>The Gates Foundation is expected to spend $200 billion over the next 20 years to support causes related to health and human development.</p>
Rahul Patil
May 82 min read
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Breathe lands $21M Series B to predict battery performance
<p>Breathe has developed a suite of tools that it says helps automakers and others get the most out of their batteries.</p>
Rahul Patil
May 73 min read
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Ox Security lands a fresh $60M to scan for vulnerabilities in code
<p>As “vibe coding” gains in popularity and tech companies push devs in their employ to embrace generative AI tools, a platform that scans for vulnerabilities in AI-generated code has raised a fresh round of funding. Ox Security, which models risk across both AI- and human-produced code, on Wednesday announced that it closed a $60 million […]</p>
Rahul Patil
May 72 min read
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Finom, a challenger bank aimed at SMBs, lands $105M in growth funding from General Catalyst
<p>Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) in a growth investment from General Catalyst’s Customer Value Fund, the company tells TechCrunch exclusively. The capital infusion “will be used exclusively and only for growth” and not for operational expenses or product development, Kos Stiskin, Finom’s chairman […]</p>
Rahul Patil
May 63 min read
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CNaught wants to make carbon credits easy for businesses small and large
<p>CNaught is a market maker seeking to ease the pain of buying carbon credits for companies without dedicated teams.</p>
Rahul Patil
May 63 min read
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Meet Posha, a countertop robot that cooks your meals for you
<p>In 2017, Raghav Gupta set out to solve a personal problem: He wanted easy access to the home-cooked meals he grew up eating without having to spend time cooking or spend money on takeout or hiring a private chef. He turned to robotics, which led him to found the startup Posha. Posha, a former TechCrunch […]</p>
Rahul Patil
May 63 min read
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Boosted by defense and Starlink, Orca AI pulls in $72.5M for its autonomous shipping platform
<p>The autonomous navigation market — where ships, guided by AI, steer themselves, resulting in fuel and time savings — is projected to sail past $11 billion by 2028. As a result, companies in this space are pushing on an open door. The latest is Orca AI, which closed a Series B funding round of $72.5 million […]</p>
Rahul Patil
May 62 min read
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