TechCrunch Startup News

Hexa is trying something new. Instead of fostering startups from the ground up and incubating them for the first year or so, the Paris-based startup studio is acquiring a majority stake in Veevart, a vertical software-as-a-service company for museums that provides solutions for ticketing, fundraising, CRM and collection management. Learn more about your ad choices. Visit podcastchoices.com/adchoic...

The reactor, called Lawson Machine 26 (LM26), is General Fusion’s latest iteration in a string of devices that have tested various parts of its unique approach. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Medical imaging is a broad term that encompasses several distinct technologies. After working on AI-powered tools to enhance X-rays and mammographies, French startup Gleamer now aims to tackle magnetic resonance imaging (MRI). Instead of starting from scratch, Gleamer has acquired two startups that have already been working on AI-powered MRI analysis: Pixyl and Caerus Medica Learn more about your...

Anna Patterson has had a storied career in Silicon Valley. She founded three startups, including search engine upstarts Xift and Cuil, as well as recall.archive.org, which became the Internet Archive. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Intangible AI, now backed by $4 million in seed funding, offers an AI-powered creative tool that allows users to create 3D world concepts with text prompts to aid creative professionals across a variety of industries. Learn more about your ad choices. Visit podcastchoices.com/adchoices

CollX, a company offering an online trading card marketplace, has raised $10 million in Series A funding. The round was co-led by Austin-based Brand Foundry Ventures and Philadelphia-based 114 Ventures, both of which were previous investors in the company. Other investors such as Next Coast Ventures, FJ Labs, and Ben Franklin Technology Partners also participated . Learn more about your ad choices...

The war in Ukraine has brought drones to the forefront of modern warfare, creating a surge in demand for counter-drone systems. However, legacy solutions to counter drones, such as ground-based defense systems and cyber warfare, often come with a hefty price tag. For German startup Alpine Eagle, these solutions fall short: Learn more about your ad choices. Visit podcastchoices.com/adchoices

As AI companies race to improve the accuracy of large language models (LLMs) and apps built on top of them, a startup that has emerged as a key partner in that effort is announcing a significant round of funding. Turing, which works with armies of engineers to contribute code to AI projects Learn more about your ad choices. Visit podcastchoices.com/adchoices

CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific cloud service from its network of 32 data centers that together have more than 250,000 Nvidia GPUs as of the end of 2024, according to the company. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A U.K. startup, originating from founder Jacob Nathan’s high school science project on using enzymes to break down plastic waste, has secured an oversubscribed $18.3 million in Series A funding. Founded in 2019 in London, Epoch Biodesign now a 30+ strong multidisciplinary team of chemists, biologists and software engineers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The drive to decarbonize our economies through electrification and clean energy continues to generate momentum around battery technologies, as storage has a key role to play in enabling the green transition. While renewables are clean sources of energy compared to burning fossil fuels, their power output isn’t always consistent. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sequoia-backed Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, landed a contract with the U.S. Army and has plans for its first factory, Thornton told TechCrunch. The factory will be 115,000 square feet in Huntington Beach, California, where Mach’s headquarters is located, CEO Thorton said. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With just a few words, AI models can be prompted to create a story, an image, or even a short film. But according to Weber Wong, these models are all “made by non-creatives for other non-creatives to feel creative.” In other words, they’re not built for actual creative professionals. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The software supply chain is notoriously porous: a reported 81% of codebases contain high- or critical-risk open source vulnerabilities. A single vulnerability can have a far-reaching impact on the wider software supply chain, as evidenced by the likes of the Log4Shell exploit that saw millions of applications exposed to potential remote code execution hacks Learn more about your ad choices. Visit...

Fintech has fragmented into increasingly specialized, cucumber-sliced micro-services, ranging from embedded buy-now-pay-later loans to specialized neo banks to yet more payment processing systems. What opportunities remain for innovators in such a fragmented landscape? One U.K. startup, Just Move In, zoomed out and realised that the home had been overlooked by everyone in the industry. Learn more...

AI has the power to transform how people work, but getting tangible value out of AI isn’t as easy as throwing any AI application at any workflow. It can be hard for enterprises to figure out which AI applications help their business and which are just hype. Workhelix wants to solve that problem. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Inception, a new Palo Alto-based company started by Stanford computer science professor Stefano Ermon, claims to have developed a novel AI model based on “diffusion” technology. Inception calls it a diffusion-based large language model, or a “DLM” for short. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively ‘Uberising’ how deliveries worked down to the last mile. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Birdgetown Research has raised $19 million in a round co-led by Accel and Lightspeed to deploy AI agents for business decisions and M&A deals. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Despite employers requiring their employees to complete yearly cybersecurity training courses, human-driven cybersecurity breaches still happen. The problem could even get substantially worse as generative AI increases the scale and personalization of social engineering campaigns. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Learn more about your ad choices. Visit podcastchoices.com/adchoices

“Agentic AI” is the concept of the moment. Developers big and small are rushing to build apps to leapfrog the heavy lifting needed to employ generative AI in specific contexts… and investors are rushing to fund the most interesting of these.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

For decades, patents have been a bone of contention in the technology world, seen by some as a way to protect intellectual property, but by critics as a blunt weapon against innovation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Learn more about your ad choices. Visit podcastchoices.com/adchoices

The AI observability platform has raised $70 million in Series C funding. © 2024 TechCrunch. All rights reserved. For personal use only. Learn more about your ad choices. Visit podcastchoices.com/adchoices