Weka raises $140M as the AI boom bolsters data platforms
While an increasing number of companies are investing in AI, many are struggling to get AI-powered projects into production — much less delivering meaningful ROI. The challenges are many. But a commonly recurring one is data management. The data that companies need to train, run and fine-tune AI models is
Read moreMeet PayHOA, a profitable and once-bootstrapped SaaS startup that just landed a $27.5M Series A
PayHOA, a previously bootstrapped Kentucky-based startup that offers software for self-managed homeowner associations (HOAs), is an example of how real-world problems can translate into opportunity. It just raised a $27.5 million Series A round in an environment where nearly $30 million Series A rounds are no longer common. PayHOA founder
Read moreRestaurant365 orders in $175M at $1B+ valuation to supersize its food service software stack
Restaurant365, which offers a restaurant management suite, has raised a hot $175M from ICONIQ Growth, KKR and L Catterton. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreLanceDB, which counts Midjourney as a customer, is building databases for multimodal AI
Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in the AI space, he quickly ran into problems with traditional data infrastructure — problems that prevented him from bringing AI models into
Read moreBerlin-based trawa raises €10M to use AI to make buying renewable energy easier for SMEs
Trawa simplifies energy purchasing and management for SMEs by leveraging an AI-powered platform and downstream data from customers. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreLydia, the French payments app with 8 million users, launches mobile banking app Sumeria
Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreShipping logistics startup Harbor Lab raises $16M Series A led by Atomico
© 2024 TechCrunch. All rights reserved. For personal use only.
Read moreAWS confirms European ‘sovereign cloud’ to launch in Germany by 2025, plans €7.8B investment over 15 years
Amazon Web Services (AWS), Amazon’s cloud computing business, has confirmed further details of its European “sovereign cloud” which is designed to enable greater data residency across the region. The company said that the first AWS sovereign cloud region will be in the German state of Brandenburg, and will go live
Read moreIndian insurance startup Go Digit raises $141M from anchor investors ahead of IPO
Go Digit, an Indian insurance startup, has raised $141 million from investors including Goldman Sachs, ADIA, and Morgan Stanley as part of its IPO. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreFood VC Peakbridge has new $187M fund to transform future of food, like lab-made cocoa
Peakbridge intends to invest in between 16 and 20 companies, investing around $10 million in each company. It has made eight investments so far. © 2024 TechCrunch. All rights reserved. For personal use only.
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