lightspeed venture partners
Zepto, an Indian quick commerce startup, has more than doubled its valuation to $3.6 billion in a new funding round of $665 million.
Lightspeed Venture Partners leads $4.3M seed in automated financial reporting fintech InScope
InScope leverages machine learning and large language models to provide financial reporting and auditing processes for mid-market and enterprises.
AI news reader Particle adds publishing partners and $10.9M in new funding
Particle announced it has partnered with news organization Reuters to collaborate on new business models and experiments in monetization.
It’s hard for early-stage founders to say no to revenue from a large customer, whose needs might not align with the broader customer base.
Abu Dhabi’s ADIA explores investment in India’s Pocket FM, sources say
Abu Dhabi’s sovereign wealth fund ADIA is in talks to back Pocket FM in a large new round of funding, two sources familiar with the matter told TechCrunch, as the…
GenAI has its issues. But if there’s one thing it excels at, it’s surfacing answers from vast pools of data. Enter Glean, whose software connects to enterprise first- and third-party…
Rabbit’s Jesse Lyu hops into StrictlyVC LA on February 29
We’re announcing an exciting addition to our speaker lineup for StrictlyVC Los Angeles on February 29. Jesse Lyu, founder and CEO of rabbit Inc., will be joining us and showcasing…
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State of venture investments in India, according to Lightspeed
Over 150 investors, including Singapore’s sovereign fund Temasek and Malaysia’s Khazanah, gathered at Mumbai’s five-star Trident Oberoi hotel on a recent Friday for venture firm Lightspeed India Partners’ “Lift Off” summit. The two-day event aims to spark partnerships by enabling “in a short window, many views, ideas and investments to…
Vestwell raises $125M to help businesses power workplace savings programs
Vestwell, which provides the infrastructure for employers to power workplace savings programs, has raised $125 million in what the company describes as a “preempted” round of funding. Lightspeed Venture Partners…
ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to as low as below $1.5 billion, according to two…
ScaleOps looks to cut cloud bills by automating Kubernetes configurations
One of the advantages of using Kubernetes to handle container orchestration is that the containers are ephemeral, living only as long as needed and then going away. That was supposed to…
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Seed-stage investors react to higher hurdles for Series A funding
The hurdle for Series A funding is a lot higher than it was a year ago — and investors in seed-stage companies are having to respond. They don’t have much choice if they want their startups to survive. When the market abruptly turned in the spring of 2022, late-stage companies…
The investment arm of the U.K. retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing rounds secured…
Andalusia Labs raises $48M Series A to improve digital asset risk infrastructure
Alongside the fresh capital raise, Andalusia Labs opened its global headquarters in Abu Dhabi.
Pika, 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, a startup creating an AI-powered platform to edit and generate videos from captions and still images, today announced…
Keychain seeks to use artificial intelligence to help brands find their perfect manufacturing partners.
Nirvana nabs $57M to make AI inroads into commercial trucking insurance
Nirvana Insurance — an insurance startup taking a new approach to insurance products for commercial fleets using artificial intelligence, telematics, internet-of-things technology and 15 billion miles of trucking data to…
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For VCs in India, bank is the new hot investment
Several Indian startups, along with venture capital funds and private equity investors, are scrambling to build investment strategies as they race to tap into a rare available opportunity in the nation: banks. Premji Invest, Multiples, Zerodha, Gaja Capital and MobiKwik are among those who are evaluating an investment in Nainital…
Cato Networks, valued at $3B, lands $238M ahead of its anticipated IPO
Cato Networks, the Tel Aviv-based startup that packages software-defined networking, managed cybersecurity and global backbone services into a single offering, today announced that it raised $238 million in an equity…
Lightspeed backs Markato, a marketplace that helps independent brands break into Asia
During the pandemic, almost all retailers in Asia established an e-commerce presence and adopted digital payments. But one thing that didn’t change was sourcing, say the founders of cross-border marketplace…
Endor Labs, which helps companies secure their open source packages, raises $70M
Endor Labs, which offers a platform developers can use to manage and secure their open source dependencies, today closed a $70 million Series A round led by Lightspeed Venture Partners…
Inworld, a generative AI platform for creating NPCs, lands fresh investment
For a recovering gamer like me, one of the most exciting applications of generative AI is dynamic dialogue. I’m not suggesting AI replace writers — goodness forbid. But as anyone…
FrontRow, a hobby-learning and community platform featuring celebrities in India, has shut down, TechCrunch has learned and confirmed. The three-year-old startup sought to build a community where well-known artists and…
Redpanda nabs $100M Series C as streaming service experiences significant growth
Redpanda helps companies capture data in real time in a modern context, providing a new way to stream data while maintaining backwards compatibility with Kafka, the popular open source streaming…
Supercritical, a carbon removal marketplace aimed at tech firms, raises $13M Series A led by Lightspeed
Supercritical, the carbon removal marketplace aimed (at the moment) mainly at tech companies that want to hit “net zero,” has raised a $13 million Series A funding round, led by…
Semgrep (formerly r2c) lands $53M investment to grow code security platform
Ideally, when it comes to building secure applications, it’s best to check the code as it moves through the development process, so that vulnerabilities can be found before it gets…
Believer, a new approach to gaming, raises $55M from Lightspeed, a16z and more
Gaming is at a crossroads these days: A decades-old business that has had remarkable staying power banked around classic concepts is now engaged in a battle royale with innovations in…
As tensions build, Silicon Valley’s Chinese affiliates invest in sensitive space tech
Chinese subsidiaries of U.S. venture capital firms invest in technology that could be sensitive to national security.
Typeface emerges from stealth with $65M to bring generative AI to the enterprise
Typeface, a startup developing an AI-powered dashboard for drafting marketing copy and images, emerged from stealth this week with $65 million in venture equity backing from Lightspeed Venture Partners, GV…
Cloud security startup Wiz, now valued at $10B, raises $300M
Cybersecurity continues to be a major area for investment among businesses — and VCs. While a decline from the previous year, venture capital funding in the cybersecurity sector totaled $18.5…
