Dili wants to automate due diligence with AI

Stephanie Song, formerly on the corporate development and ventures team at Coinbase, was often frustrated by the volume of due diligence tasks she and her team had to complete on a daily basis. “Analysts burn the midnight oil working hundreds of hours doing the work that nobody wants to do,&#

Miruku grabs more capital as its plant-based dairy tech reaches proof of concept

While the food tech investment sector figured itself out last year, Miruku, a New Zealand-based food tech company, was busy getting ahead of molecular farming technology. That proactive strategy put the company about “three to four years ahead of emerging competitors,” CEO Amos Palfreyman told

Dutch startup Monumental is using robots to lay bricks

Few categories are as ripe for automation-fueled disruption as construction. The industry is valued at around $2 trillion a year, in the U.S. alone. Much of that work is strenuous, repetitive and sometimes dangerous — precisely the sorts of problems industrial robotics are built to solve. The

Y Combinator wants 100 times more MRI scans

Leveraging resources such as virtual data rooms and shared labs makes it easier for biotech startups to grow. This is good news: We need more companies attacking cancer from novel angles, including AI-enabled early detection. And who knows, maybe one of these will become a trillion-dollar company?

Groover connects artists with tastemakers to help them find their audience

Last Monday, I discovered Walter the Producer, a Boston-based indie musician. His music isn’t on any of the playlists I follow, and he has less than 150,000 monthly listeners on Spotify. If I hadn’t searched for his song on Shazam while I was 2,000 miles away from home in a brewery in P

Video game startups could be a bright spot for VC in 2024

The global video game industry makes more money each year than movies and music combined. But that doesn’t mean the sector was immune to the macroeconomic impacts of the last few years. Gaming companies have held sizable layoffs, and venture funding to the category hit a five-year low in 2023

Poor people need not apply for this dating app

Welcome to Startups Weekly — your weekly recap of everything you can't miss from the world of startups. Sign up here to get it in your inbox every Friday. I'm having one of those weeks where I'm just constantly, very slowly shaking my head at people. As I sat down to read all the stor

Pitch Deck Teardown: Equals’ $16M Series A deck

It’s a rare startup that tears down its own pitch deck, but that’s exactly what Equals did after it raised a $16 million Series A round. Equals’ mission is not to replace the spreadsheet, but to ensure that a spreadsheet can do whatever its users throw at it. As an inveterate

Pacifico Biolabs emerges from stealth with fermentation process for alternative seafood

In the quest to replace traditional seafood with alternatives, Berlin-based Pacifico Biolabs believes it has a unique approach to making whole muscle structures using fermentation. While fermentation, the process of growing cells in bioreactors, is already used to make a number of alternative prote

How Neara uses AI to protect utilities from extreme weather

Over the past few decades, extreme weather events have not only become more severe, but are also occurring more frequently. Neara is focused on enabling utility companies and energy providers to create models of their power networks and anything that might affect them, like wildfires or flooding. T

Guardrails AI wants to crowdsource fixes for GenAI model problems

It doesn’t take much to get GenAI spouting mistruths and untruths. This past week provided an example, with Microsoft’s and Google’s chatbots declaring a Super Bowl winner before the game even started. The real problems start, though, when GenAI’s hallucinations get harmful

Why Sequoia is funding open source developers via a new equity-free fellowship

Sequoia Capital plans to fund up to three open source software developers annually, as a continuation of a program it debuted last year. The Silicon Valley venture capital firm announced the Sequoia Open Source Fellowship last May, but it was initially offered on an invite-only basis with a single

Scribe raises $25M Series B to automate internal knowledge capture

Back in the 90s, the notion of knowledge management was born, the idea that there is corporate memory locked inside employees, who know the ins and outs of various systems. The problem was recording and updating that knowledge. Scribe, a San Francisco-based startup, has figured out a way to easily

Audience Choice vote closes for Early Stage 2024 today

Today is the electrifying conclusion for technewss Early Stage Audience voting! We’ve meticulously sifted through a plethora of applications from seasoned founders and luminaries in the startup sphere, all vying for the spotlight in our Audience Choice program, and only six are left. Time is