TechCrunch Startup News

While I have fond memories of past efforts to combine VR content with real-world locations, I’d assumed the pandemic had put those ambitions to an end. If I wanted VR in 2024, I thought I’d have to buy a headset, and it would be a largely solitary experience at home or in the office Learn more about your ad choices. Visit podcastchoices.com/adchoices

Threat exposure management startup Flare thinks it has an answer to info-stealers with a service that watches the dark web, resets passwords. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With disinformation on the rise, especially given the explosion of AI, companies are just as vulnerable to its effects as individuals. Refute is a London-based startup that detects and responds to disinformation on behalf of these commercial entities. It’s now raised a £2.3 million ($2.9 million) pre-seed round led by UK investors Playfair and Episode. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Two prominent programs, Activate and The Engine Accelerator, have decided they can give founders an advantage if they team up. Learn more about your ad choices. Visit podcastchoices.com/adchoices

AI models that understand videos as well as text can unlock powerful new applications. At least, that’s what Jae Lee, the co-founder of Twelve Labs, believes. Granted, Lee’s a little biased. Twelve Labs trains video-analyzing models for a range of use cases. But there may just be something to his assertion. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Upvest might not be a familiar name if you don’t pay close attention to the fintech industry, but chances are you’ve already interacted with the company’s products. Founded by Martin Kassing (pictured above), the Berlin-based startup builds a white-label investment platform that is used by some of the biggest fintech companies in Europe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

If startup funding rounds are any metric, generative AI is seeing ample adoption in the sciences. It makes sense: there’s a lot of trial and error involved in research and development, and any tool that can speed up the process for researchers is bound to be useful. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Small and medium businesses are getting more love in the world of fintech these days, and one example of that is the growth of a startup out of Sweden. Mynt, which has built an AI-based platform for corporate cards and spend management catering to SMEs, has closed a round of €22 million ($23 million). Learn more about your ad choices. Visit podcastchoices.com/adchoices

LambdaTest, a cloud-based software testing platform, has raised $38 million in a funding round as it looks to expand its presence in existing markets and advance its AI capabilities. The San Francisco and Noida-headquartered startup’s Series D round has been led by Avataar Ventures with participation from Qualcomm Ventures, bringing its total funding to $108 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The startup argues that its hot-water approach is not only more efficient, but also more useful. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Podcast recording platform Riverside said Monday that it has raised $30 million in Series C funding led by Zeev Ventures, with participation from Seven Seven Six, and angel investor Sam Lessin. The company wants to use this funding to grow its team and build out solutions for the podcast and content creation space. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Do we really need another social media app for college students? With the looming TikTok ban in the U.S., a new app called Connyct seems to think so. Connyct closely resembles the popular short-form video app, providing all the features you would expect, such as a personalized content feed, private chatting, as well as video . Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ladder, an Austin, Texas-based fitness startup that makes a popular strength-training app, is accusing Peloton of ripping off its work with the launch of Peloton’s new Stength+ app, which exited beta on Wednesday. After receiving feedback from Peloton’s beta testers that the app looked, felt, and functioned much like Ladder’s own. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Turning sunflower seeds into sustainable, cocoa-free chocolate has netted Munich-based B2B foodtech startup Planet A Foods (formerly QOA) a $30 million Series B funding round. Now, the Y Combinator alum is gearing up for industrialization, with the funds set to be deployed to scale its production capacity by around 7.5x Learn more about your ad choices. Visit podcastchoices.com/adchoices

Not everyone agrees on what an “AI agent” actually is, but they are all still the rage. At a broad level, these so-called “agents” promise to go several steps beyond a mere chatbot, making decisions and taking actions on people’s behalf. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The overarching promise of companies working on AI-powered productivity tools is to build solutions that would do a task for you. Some of the early demos that we have seen don’t really fare well in fulfilling those promises. A to-do list app called Twos is approaching this problem differently. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this hyperconnected world we live in, it’s easier than ever to send feedback to the companies we patronize. But just because businesses offer more ways to get in touch doesn’t mean they’re poring over every comment. According to a 2020 survey from Productboard, 90% of companies fail to successfully capture feedback from all channels. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A new company is emerging from stealth today with backing from Google’s AI-focused venture fund to help businesses compile their open-source AI infrastructure and reduce their engineering overheads. Cake integrates and secures more than 100 components for enterprises. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Yurts has raised a $40 million Series B led by XYZ Venture Capital to provide the DoD with gen AI. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cancer incidence is on the rise, particularly among younger adults, but most new drug compounds fail to progress through clinical trials. According to French entrepreneur Fanny Jaulin (on the right in the picture above), the problem lies with clinical trial design. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On a September morning in 2024, two Jonathan Cohens — one from the Rockaways in Queens, the other from London — stood in an empty 15,000-square-foot parking garage near Hudson Yards in New York City. As they walked over chipped yellow lines, they explained how the space would help Joco, their shared e-bike startup. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As one of the most decorated track cyclists of all time, Sir Chris Hoy might not seem an obvious candidate to back the burgeoning electric bike movement. The common refrain, after all, is that e-bikes aren’t real bikes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major markets face continued headwinds. The world’s most populous nation is now preparing for an even more substantial wave of startup IPOs in 2025 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Decarbonizing our economies in the race to fight climate change demands a wholesale overhauling of all sorts of production processes to make them as sustainable as possible. Greening chemicals, which are used as ingredients in all sorts of products, is where U.K. startup Deep Blue Biotech is putting its energies. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent to Shopify but focused on B2B transactions. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Europe must get much better at scaling startups. That’s the prognosis of the European Union’s president, Ursula von der Leyen, who’s on the cusp of taking up her second five-year term steering the bloc of some 449 million people — with a December 1 start date now locked in. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to assisting in writing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet the Raspberry Pi Pico 2 W, a tiny board designed around a microcontroller that lets you build hardware projects at scale. Raspberry Pi is once again using the RP2350, its own, well-documented microcontroller. But what is a microcontroller again? As the name suggests, microcontrollers let you control other electronic components or devices. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anthropic, OpenAI’s close rival, has raised an additional $4 billion from Amazon, and has agreed to make Amazon Web Services (AWS), Amazon’s cloud computing division, the primary place it’ll train its flagship generative AI models. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The company chose Chapter 11 in an effort to right its listing finances. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anthropic, OpenAI’s close rival, has raised an additional $4 billion from Amazon, and has agreed to make Amazon Web Services — Amazon’s cloud computing division — the sole place it’ll train its flagship generative AI models. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Here is yet one more sign of the travel industry’s noticeable boom: a major growth round for one of the B2B startups servicing it. Lighthouse, a data analytics platform for hotels and others in the hospitality industry, has closed a Series C of $370 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Manufacturing has been one of the hottest categories in venture this year, but there are still many innovative materials and processes yet to scale. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bling Capital, one of the more prolific and well-connected seed VC firms, has nabbed another $270 million for a new flagship, fourth fund. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dual-use drone startup Tekever has raised €70 million ($74 million) to develop its product and expand into new markets, specifically the U.S.. The news is part of a trend of smaller tech-driven startups moving into markets normally dominated by large ‘defense primes’. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As college tuition increases and the student loan debt crisis continues, three former executives from language learning app Duolingo are building a new startup aimed at making college education more affordable and accessible. Learn more about your ad choices. Visit podcastchoices.com/adchoices

AIOps, short for artificial intelligence in operations, is a process that uses AI to automate IT tasks. More organizations are embracing it as AI commodifies, yet adoption is still lagging. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In the wake of the U.S. 2024 presidential election, one fact became clear: Disinformation proliferated online at a startling rate, shaping Americans’ views about each candidate as well as a diverse set of topics, including public health, climate change, and immigration. Generative AI – with its ability to produce deepfakes in seconds Learn more about your ad choices. Visit podcastchoices.com/adchoices

Moonvalley, a new generative video startup, claims it's building models using more ethical and transparent approaches. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As the influencer economy grows, startups like PassionFroot, Agentio, and One Impression, along with social platforms like Instagram, YouTube, and TikTok are trying to build marketplaces to connect brands with creators. Miami-based startup Influur, is banking on two unique aspects of its platform: quick response from creators and financial tools to ensure they are paid Learn more about your ad choices. Visit podcastchoices.com/adchoices

When you board a plane, the pilot already knows the weather on the flight path and can steer clear, or at least warn you it’s coming. The same can’t be said of “space weather” from solar events, which can seriously affect satellites and even passenger planes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

India's ePlane Company has raised $14 million in a Series B round as it plans to commercialize its air taxi in 2026. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startup inspiration can strike anywhere. But for Atlas.co*, a freemium browser-based, real-time mapping tool that’s being built by an Oslo, Norway-based team of (initially student) engineers, the realization that there might be a business opportunity in competing with expensive legacy mapping software hit the founders during class. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com and will accelerate our growth. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Luggage storage as a vector for piling into convenience-based revenue opportunities in the business of global travel continues to put a spring in San Francisco-based Bounce‘s step. The startup has just tucked $19 million in Series B funding into its suitcase, with a plan to keep rolling revenue that’s grown 20x since its $12M Series Learn more about your ad choices. Visit podcastchoices.com/adchoices

The majority of the aging population in Japan still prefers using cash for transactions, according to a recent report citing government data. In 2023, cashless transactions in Japan totaled 126.7 trillion yen ($885 billion), accounting for 39.3 percent of all spending in the country, said the Japanese government. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Equal, an Indian startup founded by Keshav Reddy, has raised $10M in its maiden funding round led by Prosus Ventures to scale identity verification and financial data sharing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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 and CEO of DogHero, LatAm’s version of Rover. Learn more about your ad choices. Visit podcastchoices.com/adchoices