Startups

Paystand acquires Teampay to be DeFi version of ‘Venmo for B2B payments’

“Teampay represents this new class of fintech companies that came up,” said Paystand CEO Jeremy Almond.

Carv raises $10M Series A to help gamers monetize their data

Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices

Two veteran security experts are launching a startup that aims to help other makers of cybersecurity products to up their game in protecting Apple devices. Their startup is called DoubleYou, the name

Playruo lets you try game demos from your web browser

It’s still unclear whether cloud gaming will ever become the next big thing. The appeal is clear: The game you’re playing runs in a data center near you, and the video output is directly streamed

Edonia grabs €2M to turn microalgae into less bitter-tasting ground meat alternative

The company produces plant-based ingredients from raw microalgae biomass, generated from spirulina or chlorella, that it claims is more nutritious than meat.

Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Swiggy, an Indian food delivery and instant commerce startup, plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders. The company disclosed its IPO p

Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs

Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture Par

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

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

Radical thinks the time has come for solar-powered, high-altitude autonomous aircraft

Though many eyes are on space as orbit develops into a thriving business ecosystem, Radical is keeping things a little closer to the ground — but not too close. Its high-altitude, solar-powered airc

Why code-testing startup Nova AI uses open source LLMs more than OpenAI

Enterprises still don't trust OpenAI, while open source AI models are cheaper and more than sufficient for targeted specific tasks, Nova AI founder says.

Dripos raises $11M Series A to replace Square, Toast and 8 other pieces of software

Dripos brings together point-of-sale, mobile payments, employee management and payroll, loyalty and marketing automation and administrative functions like accounting and banking.

TechCrunch Minute: Perplexity AI could be worth up to $3B. Here’s why

Perplexity AI‘s latest, large fundraising event could be quickly superseded by another, even larger chunk of capital, TechCrunch reports. Yes, the $62.7 million that the startup raised at just o

Seed-stage firm Eniac Ventures raises $220M across two funds

Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments, and $160 million for Eniac VI.

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

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

Fintech gaming startup Sanlo’s webshop tool could help developers avoid costly app store fees

Sanlo, a fintech startup that helps gaming companies manage finances, announced Wednesday the closed beta launch of its webshop tool, giving select game developers and studios a plug-and-play solution

Anon is building an automated authentication layer for the GenAI age

As the notion of the AI agent begins to take hold, and more tasks will be completed without a human involved, it is going to require a new kind of authentication to make sure only agents with the prop

The TikTok ban clears key hurdle while Perplexity AI continues to shake up search

Well, if you are a big TikTok fan and live in the United States, I have some bad news for you: A bill that would force a sale of TikTok or ban it in the United States passed the Senate. And the presid

Nvidia acquires AI workload management startup Run:ai for $700M, sources say

Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure. Terms of the deal aren’t be

Diddo’s new funding will bring its shoppable TV API to streaming platforms

The company has developed an API that uses proprietary computer vision AI technology to identify products in TV shows and movies.

Tomorrow, TechCrunch Early Stage 2024 takes over Boston

Tomorrow is the day we’ve all been waiting for! TechCrunch Early Stage 2024 kicks off in Boston, and we can’t wait to see you there! We’re expecting 1,000+ attendees for a full day o
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