Fundraising
To sweeten the pot, Amazon is pledging that startups in this year’s Generative AI Accelerator cohort will gain access to experts and tech from Nvidia, the program’s presenting partner.
Aepnus wants to create a circular economy for key battery manufacturing materials
The specter of wastewater threatens to stall the construction of battery factories. One startup, though, says the solution is to recycle it.
AccountsIQ, a Dublin-founded accounting technology company, has raised $65 million to build “the finance function of the future” for midsized companies.
Tern AI wants to reduce reliance on GPS with low-cost navigation alternative
The most critical systems of our modern world rely on GPS, from aviation and road networks to emergency and disaster response, from precision farming and power grids to weather forecasting…
Insight Partners backs Canary Technologies’ mission to elevate hotel guest experiences
The hotel guest management technology company’s platform digitizes the hotel guest journey from post-booking through checkout.
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.
YC grad RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions
RetailReady targets the $40 billion compliance market to help reduce the number of retail compliance losses that shippers incur annually due to incorrectly shipped packages.
Gorilla, a Belgian startup that helps energy providers crunch big data, raises $25M
Gorilla, a Belgian company that serves the energy sector with real-time data and analytics for pricing and forecasting, has raised €23 million ($25 million) in a Series B round led…
Black Semiconductor nabs $273M in Germany to supercharge how chips work together
Black Semiconductor, which is developing a chip-connecting technology based on graphene, has raised $273M in a combination of private and public funding.
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Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers
It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth…
Linq raises $6.6M to use AI to make research easier for financial analysts
When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding…
Flow claims it can 100x any CPU’s power with its companion chip and some elbow grease
A Finnish startup called Flow Computing is making one of the wildest claims ever heard in silicon engineering: by adding its proprietary companion chip, any CPU can instantly double its…
Mistral AI has closed its much-rumored Series B funding round, raising €600 million (around $640 million) in a mix of equity and debt.
How Urvashi Barooah broke into venture after everyone told her she couldn’t
When Urvashi Barooah applied to MBA programs in 2015, she focused her applications around her dream of becoming a venture capitalist. She got rejected from every school, and was told…
Kelvin wants to help save the planet by applying AI to home energy audits
French startup Kelvin, which uses computer vision and machine learning to make it easier to audit homes for energy efficiency, has raised $5.1M.
Stake raises $14M to bring its fractional property investment platform to Saudi Arabia, Abu Dhabi
Dubai-based fractional property investment platform Stake has raised $14 million in Series A funding.
After hits like Reddit and Scopely, Collaborative Fund easily raised a $125M fund to tackle climate, health and food
“We were motivated to fundraise because we think the ’24 vintage is going to be a good one,” founder Craig Shapiro said.
Anterior grabs $20M from NEA to expedite health insurance approvals with AI
Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation led by…
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In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch
When Bowery Capital general partner Loren Straub started talking to a startup from the latest Y Combinator accelerator batch a few months ago, she thought it was strange that the company didn’t have a lead investor for the round it was raising. Even stranger, the founders didn’t seem to be…
Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Anna will be covering for him this week. Sign up here to…
Novel battery manufacturer EnerVenue is raising $515M, per filing
The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries.
Prolific Machines, with a $55M Series B, shines ‘light’ on a better way to grow lab proteins for food and medicine
Prolific Machines believes it has a way of transitioning away from molecules to something better: light.
Fintech Torpago has a unique way to compete with Brex and Ramp: Turning banks into customers
Torpago’s Powered By product is geared for regional and community banks, with under $20 billion in assets, to launch their own branded cards and spend management programs.
Taloflow puts AI to work on software vendor selection to reduce costs and save time
Taloflow, an early stage startup changing the way companies evaluate and select software, has raised $1.3M in a seed round.
Insurance provider Understory gets into renewable energy following $15M Series A
After growing 500% year-over-year in the past year, Understory is now launching a product focused on the renewable energy sector.
SiTration uses silicon wafers to reclaim critical minerals from mining waste
The startup is hoping its durable filters can make metals refining and battery recycling more efficient, too.
Dive goes cloud-native for its computational fluid dynamics simulation service
Spun out of Bosch, Dive wants to change how manufacturers use computer simulations by both using modern mathematical approaches and cloud computing.
How a couple of former Pinterest search experts caught Biz Stone’s attention
Lance Riedel and Nigel Daley both spent decades in search discovery, but it was while working at Pinterest that they began trying to understand how to use search engines to…
Storyblok raises $80M to add more AI to its ‘headless’ CMS aimed at non-technical people
The startup targets the middle ground between platforms that offer rigid templates, and those that facilitate a full-control approach.
Spend management startup SiFi raises $10M to grow further in Saudi Arabia
The global spend management sector is experiencing a tailwind of sorts. North America is arguably the biggest market in this space, but spend management companies have seen demand rise across…
