Funding

TechCrunch reports on the latest funding for startups in the tech ecosystem—software, hardware, and every type of company. From unicorns raising their final pre-IPO round, to angel rounds for cutting edge artificial intelligence startups, TechCrunch covers every aspect of fundraising news.

Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon and the startup’s co-founders and portions of its team have joined…

Amazon hires founders away from AI startup Adept

Axelera designs AI-running chips and systems for applications like security, retail, automotive and robotics.

Axelera lands new funds as the AI chip market heats up

Orby AI, is building a generative AI platform that attempts to automate a range of different business workflows, including workflows that involve data entry, documents processing and forms validation.

Orby is building AI agents for the enterprise

Formation builds tech-forward solutions for clinical trials and drug development.

Formation Bio raises $372M to boost drug development with AI

In a push to bolster profits, more airlines are turning to controversial dynamic pricing tech, which prices fares and amenities variably based on a traveler’s willingness to pay for them.

Fetcherr lands $90M to get airlines on board with dynamic pricing

It’s unclear where Stability goes from here.

Stability AI lands a lifeline from Sean Parker, Greycroft

Payabli builds the infrastructure that allows companies, specifically software companies, to embed and facilitate payments through APIs.

Payabli is building payment management tools for software startups

Coder’s open-source software has around 1.2 million monthly active users, and Dropbox, Discord and Skydio are among the company’s paying customers.

Coder nabs new funds to move dev environments to the cloud

A startup called EvolutionaryScale, founded by ex-Meta researchers, has raised $142 million for its AI-powered protein-generating tech.

EvolutionaryScale, backed by Amazon and Nvidia, raises $142M for protein-generating AI

Etched, founded by Harvard dropouts, is building an AI chip that can only run one type of model: transformer-based models.

Etched is building an AI chip that only runs one type of model

Emergence on Monday emerged from stealth with $97.2 million in funding.

Emergence thinks it can crack the AI agent code

The Multi deal seems to fit into OpenAI’s broader recent strategy of investing heavily in enterprise solutions.

OpenAI buys a remote collaboration platform

OmniAI is a set of tools that transform unstructured enterprise data into a something that data analytics apps and AI can understand.

OmniAI transforms business data for AI

The Rockset buy fits into OpenAI’s broader recent strategy of investing heavily in its enterprise sales and tech orgs.

OpenAI buys Rockset to bolster its enterprise AI

Speak, the AI-powered language learning app, has raised new money from investors at double its previous valuation.

Language learning app Speak nets $20M, doubles valuation

Genspark taps generative AI to write custom summaries in response to search queries.

Genspark is the latest attempt at an AI-powered search engine

SurrealDB, a startup developing a database architecture of the same name, has closed a new round of funding as it readies a managed service.

SurrealDB is helping developers consolidate their databases

To sweeten the pot, Amazon is pledging that startups in this year’s Generative AI Accelerator cohort will gain access to experts and tech from Nvidia, the program’s presenting partner.

Amazon says it’ll spend $230 million on generative AI startups

The buy will benefit ChromeOS, Google’s lightweight Linux-based operating system, by giving ChromeOS users greater access to Windows apps “without the hassle of complex installations or updates.”

Google acquires Cameyo to bring Windows apps to ChromeOS

Databricks, the analytics and AI giant, has acquired data management company Tabular for an undisclosed sum. (CNBC reports that Databricks paid over $1 billion.) According to Tabular co-founder Ryan Blue,…

Databricks acquires Tabular to build a common data lakehouse standard

Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s entrepreneur Yoseph West’s assertion that there’s typically information and functions missing from bank…

Relay raises $32.2 million to help smaller businesses manage their cash flow

Expressable is a platform that offers one-on-one virtual sessions with speech language pathologists.

Expressable brings speech therapy into the home

In 2021, Roi Ravhon, Asaf Liveanu and Yizhar Gilboa came together to found Finout, an enterprise-focused toolset to help manage and optimize cloud costs. (We covered the company’s launch out…

Finout lands cash to grow its cloud spend management platform

Generative AI makes stuff up. It can be biased. Sometimes it spits out toxic text. So can it be “safe”? Rick Caccia, the CEO of WitnessAI, believes it can. “Securing…

WitnessAI is building guardrails for generative AI models

Engineers Adam Keating and Jeremy Andrews were tired of using spreadsheets and screenshots to collab with teammates — so they launched a startup, CoLab, to build a better way. The…

CoLab’s collaborative tools for engineers line up $21M in new funding

Call centers are embracing automation. There’s debate as to whether that’s a good thing, but it’s happening — and quite possibly accelerating. According to research firm TechSci Research, the global…

Retell AI lets companies build ‘voice agents’ to answer phone calls

Close to a decade ago, brothers Aviv and Matteo Shapira co-founded a company, Replay, that created a video format for 360-degree replays — the sorts of replays that have become…

Controversial drone company Xtend leans into defense with new $40 million round

Security review automation platform SafeBase has raised new cash from investors including Zoom’s corporate VC arm.

SafeBase taps AI to automate software security reviews

Augment, a startup developing an AI-powered platform similar to GitHub’s Copilot, has launched out of stealth valued at nearly $1 billion.

Eric Schmidt-backed Augment, a GitHub Copilot rival, launches out of stealth with $252M

Stainless, a startup building a platform to generate SDKs from APIs, has raised a seed round of funding from Sequoia.

Stainless is helping OpenAI, Anthropic and others build SDKs for their APIs
  翻译: