Ubiquity Ventures secures $75M for Fund III to invest in ‘software beyond the screen’
Sunil Nagaraj describes “software beyond the screen,” as using software to navigate, perceive, understand and control the real physical world. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreInference.ai matches AI workloads with cloud GPU compute
GPUs’ ability to perform many computations in parallel make them well-suited to running today’s most capable AI. But GPUs are becoming tougher to procure, as companies of all sizes increase their investments in AI-powered products. Nvidia’s best-performing AI cards sold out last year, and the CEO of chipmaker TSMC suggested
Read moreHaven Energy lands $7M Series A 9 months after its seed round
The startup's platform helps speed the installation of batteries to back up home and small commercial solar installations. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreKore.ai, a startup building conversational AI for enterprises, raises $150M
In the midst of a wave of tech industry layoffs, it’s heartening to see some startups succeeding despite the dour market outlook. Kore.ai, a company developing enterprise-focused conversational AI and GenAI products, today announced that it raised $150 million in a funding round led by FTV Capital, Nvidia, Vistara Growth,
Read moreBlueLayer is building the operating system for carbon project developers
Meet BlueLayer, a new European startup that is building a software platform specifically designed for carbon project developers. In particular, BlueLayer wants to help these companies manage their carbon credits at scale. While the best way to prevent carbon emissions is by decarbonizing supply chains, carbon credits will also play
Read moreProductivity platform ClickUp acquires calendar startup Hypercal
Tiger Global and a16z-backed productivity company ClickUp has acquired the calendar app Hypercal to boost its platform offering, TechCrunch has learned. As part of the acquisition, the app’s founder Ricardo Clerigo is also joining ClickUp as Head of Calendar. UK-based Hypercal was founded in 2022 as an app for Mac
Read moreSemron wants to replace chip transistors with ‘memcapacitors’
A new Germany-based startup, Semron, is developing what it describes as “3D-scaled” chips to run AI models locally on smartphones, earbuds, VR headsets and other mobile devices Co-created by Kai-Uwe Demasius and Aron Kirschen, engineering graduates from the Dresden University of Technology, Semron’s chips use electrical fields to perform calculations
Read moreFidelity cuts Meta-backed Meesho valuation to $3.5 billion
Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.5 billion, adjusted for outstanding shares. The U.S. asset manager valued its holding in Meesho at $27.8 million at December’s end, down from the $41.9
Read moreStartup studio Hexa hires former Doctolib exec to launch its health vertical
Hexa, the Paris-based startup studio that recently raised $22 million, is launching a new vertical focused on improving the healthcare system. Julien Méraud, a senior team member of the French unicorn startup Doctolib, is joining the startup studio . As a reminder, Hexa started its life as eFounders and originally
Read moreRebellions lands $124M to develop its new AI Rebel chip with Samsung
Rebellions, a South Korean fabless AI chip startup, said today it has closed $124 million (165 billion KRW) in a Series B round of funding to develop its third AI chip, called Rebel. The startup will also use the new capital, oversubscribed with an initial target of $90 million, to
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