Pika Labs, which is building AI tools to generate and edit videos, raises $55M
The generative AI hype hasn’t died down yet. Case in point, Pika Labs, a startup creating an AI-powered platform to edit and generate videos from captions and still images, today announced that it raised $55 million in a funding round led by Lightspeed Venture Partners with participation from Homebrew, Conviction
Read MoreCandex lands $45M infusion to grow its procurement management business
Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation Lab), Altos, NFX, Craft, JP Morgan, American Express and Edenred.
Read MoreSolve Intelligence helps attorneys draft patents for IP analysis and generation
Many legal tech startups streamline manual workflow for lawyers, and some legal tech companies provide tech solutions centered around intellectual property (IP). Among them is a startup called Solve Intelligence, which builds AI software specialized for patent attorneys to write drafts for IP analysis and generation. Solve Intelligence, a Delaware-based
Read MoreInnovation Against Scams: Paysho Redefining Online Transactions
Paysho, the innovative online escrow service, revolutionizes online transactions, ensuring a secure platform for buyers and sellers amid rising online fraud. In an environment where scams are prevalent, Paysho acts as a crucial safeguard, holding funds until all parties are satisfied that transaction terms are met. Online Transactions Challenges Online
Read MoreVimcal raises $4.5 million to expand its team offerings
Vimcal, a YC-backed calendar app, has raised a $4.5 million seed round from Altos Ventures to expand its team and enterprise offerings. The company, founded by CEO John Li, launched its iOS app and Outlook integration last year. Li told TechCrunch that Vimcal has improved its Outlook integration with fewer
Read MoreNXTP closes largest fund with $98M for early-stage B2B founders in Latin America
NXTP Fund III represents over a 2x increase from the size of its previous fund, enabling the firm to invest in between 25 and 30 companies this time around. © 2023 TechCrunch. All rights reserved. For personal use only.
Read MoreMembers of APSA gather to Advance Retirement Security for all Africans
Pension sector supervisors and regulators from all over Africa converged yesterday and today at Serena Hotel Kampala, to discuss ways of extending pension coverage to more citizens around the continent. This will be the 4th Annual Conference of the African Pension Supervisors Association (APSA). Collaboration for the Future APSA is
Read MoreKeeping the Lights On: FNB Reinforces ATMs with UPS for Seamless Service Access
FNB plans to improve the operational resilience of its ATM network across the country by installing Uninterruptible Power Supply (UPS) systems in over 1,000 standalone ATMs, allowing customers to access services during power outages. The first phase of the project will begin with installations at 300 ATMs by the end
Read MoreReminder: Google is about to start purging inactive accounts
Illustration: The Verge If you’ve got an old Google account that you want to keep but haven’t used in the past couple of years, you’ll want to sign into it soon to prevent its deletion under Google’s inactive account policy. The new rules were announced in May, when Google said
Read MoreAbsa Debuts Data Science and Engineering Academy
Absa launches its Data Science and Engineering Academy, fostering emerging data talent in South Africa’s financial landscape. The 12-month program aims to transform its first cohort of 20 learners into data specialists, equipping them with advanced knowledge and skills to add value across the data lifecycle. Liesle Barendse, Leadership and
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