Pigment secures $88 million for its business planning tool that will make you forget about Excel
Paris-based startup Pigment has raised a Series C round of $88 million — the investment was led by Iconiq Growth. Pigment wants to take on Microsoft Excel and offer a business planning platform that works better than products from enterprise software behemoths, such as Oracle or SAP. It’s a new take
Read moreUK’s AI safety summit gets thumbs up from tech giants
Make way for another forum on AI safety. The UK government has announced it will convene a “global” AI summit this fall with the aim of agreeing “safety measures to evaluate and monitor the most significant risks from AI”, as its PR puts it. There’s no word on who will
Read moreAdobe brings Firefly to the enterprise
Adobe today announced that it is bringing its Firefly generative image generator to its enterprise customers and allowing them to customize the model with their own branded assets. In conjunction with this, the company is also bringing its Adobe Express design app (which you remember under its previous name of
Read moreNigeria’s Haul247 raises funding to scale its logistics platform
Haul247, a Nigerian end-to-end logistics platform connecting businesses to haulage and warehousing assets, has raised a $3 million seed round. Gender-lens investing fund Alitheia Capital provided the equity capital, with Investment One contributing $1 million in debt financing. The logistics startup allows small businesses and large companies to book trucks
Read moreWhatsApp launches Channels feature for broadcast messages
Meta is rolling out a broadcast-based messaging feature, called Channels, on WhatsApp, similar to a recent update it sent out to Instagram, as the social juggernaut experiments with giving more conversational avenues to its 2 billion users. The company is also aiming to earn money from this feature down the
Read moreSegway partners with Drover AI, Luna to bring computer vision to e-scooters
Segway-Ninebot is partnering with Drover AI and Luna Systems — two startups that build computer vision technology to detect and correct improper electric scooter riding — to integrate their technologies into its AI-enabled e-scooters. The partnerships, announced at the Micromobility Europe event in Amsterdam, are something of a pivot for
Read moreInsify raises another $10.7 million for its business insurance startup
Amsterdam-based insurtech startup Insify has completed its Series A funding round with another €10 million ($10.7 million at today’s exchange rate). Overall, the startup has raised €25 million as part of its Series A round ($26.7 million). Munich Re Ventures, the venture capital division of the large reinsurance company, is
Read moreJulie Wainwright is back with a new, venture-backed startup
Julie Wainwright, founder and former CEO of the publicly traded, luxury online consignment company The RealReal, is back with a new startup. Called Ahara, the Los Angeles-based outfit describes itself as a personalized nutrition company that provides recommendations to its customers after they first fill out a health questionnaire that
Read moreLayoffs hit rocket engine maker Ursa Major
At least five people have been laid off from rocket engine startup Ursa Major, with one person citing budgetary constraints as the reason for being let go, according to posts on LinkedIn. Ursa Major did not immediately respond to TechCrunch’s inquiry into the layoffs, or the number of people affected.
Read moreTwitch backtracks on branded content changes after streamer backlash
One day after Twitch announced sweeping changes to how streamers are allowed to advertise, the company is backing off. On Tuesday, Twitch announced updates to its branded content guidelines — the set of rules that dictates how streamers can display sponsorships, endorsements and other paid promotions.Twitch noted the growing criticism
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