VCs Elad Gil and Sarah Guo on the risks and rewards of funding AI: ‘The biggest threat to us in the short run is other people’

Last week, at our first StrictlyVC evening of the year, prominent AI investors Elad Gil and Sarah Guo joined us in San Francisco to talk about how they think about AI investing in a world where deals were getting bid up feverishly two months ago, and where reportedly, some startup teams are now loo

Activist investors are coming for Etsy

Activist investors are coming for Etsy. Elliott Management, the investment management firm known for its aggressive governance tactics, has built a roughly 13% position in Etsy’s stock, CNBC reports — a mix of shares and options. It makes Elliott Etsy’s largest investor after Vang

Probabl is a new AI company built around popular library scikit-learn

Probabl isn't your average AI startup, as this new French company is an Inria spin-off company that revolves around an open source data science library called scikit-learn — Inria is a well-known French technology research institute. As for scikit-learn, with more than 45,000 stars on GitHub,

Izote Biosciences takes in $2.6M to develop a fermentation process sans oxygen

Using precision fermentation as a manufacturing process to create bio-based products like chemicals, medicines and even cultivated meat continues to be costly and not yet perfected for scalability. Enter Izote Biosciences. The startup is developing a proprietary method that enables bacteria to 

5 ways construction tech founders can win in 2024

Construction often gets a bad rep as one of the “dinosaur” industries. This is not entirely unwarranted: Productivity growth in the sector averaged just 1% over the past 20 years versus 2.8% for other industries. Nonetheless, having spoken with many developers, builders, materials suppl

Cast your votes for TC Early Stage Audience Choice Roundtables

A not-so-humble brag here, so brace yourself. The programming at technewss Early Stage — April 25 in Boston, Massachusetts — is gonna be off the proverbial hook. How do we know? We read hundreds of applications from experienced founders and startup ecosystem experts eager to participate in Aud

CARPL guides healthcare providers through the growing market of radiology AI apps

There's an acute shortage of radiologists around the world, which means it is harder for medical teams to get imaging studies done. As a result, more than 200 companies have sprung up to create applications that use AI to automate different parts of the radiology process. CARPL, a radiology mar

Planet A Foods whips up more capital to take its cocoa-free chocolate global

Planet A Foods, a B2B sustainable ingredients company, announced $15.4 million in Series A funding. The brother-and-sister founding team of Drs. Max and Sara Marquart started the Munich-based company to create a sustainable alternative to cocoa. When technewss initially wrote about the company in

Media startup The Messenger disintegrates, leaving staff nothing

They say don’t shoot the messenger, but what if The Messenger shoots itself? Media startup The Messenger burst on the scene last May with $50 million in hand, aggressively hiring journalists to build an “unbiased” digital newsroom. Instead, its staff found out through a New York T

Twin Labs automates repetitive tasks by letting AI take over your mouse cursor

Meet Twin Labs, a Paris-based startup that wants to build an automation product for repetitive tasks, such as onboarding new employees to all your internal services, reordering items when you're running out of stock, downloading financial reports across several SaaS products, reaching out to po

Finvest app will have you invested in US Treasury Bills in minutes

Apps like Robinhood made investing in stocks easier, and Finvest wants to do the same thing for investing in U.S. Treasury Bills. Shivam Bharuka, co-founder and CEO of Get Moving, started working on Finvest in 2023. With interest rates at such high levels, Bharuka wanted to take advantage of the en

Pitch competitions help level the playing field for underrepresented founders, but it isn’t enough

Last week, SXSW announced the 45 finalists for its upcoming pitch competition in March. The list in many ways looked as expected: There were quite a few AI startups and many companies based in California. But it wasn’t 100% business as usual. The list encompassed a much more diverse group of

StreamAlive picks up $1.58M to build engagement tools for livestreams

StreamAlive, an audience engagement application for livestreams, virtual meetings and in-person events, secured $1.58 million in pre-seed funding, the company announced today. From webinars, livestreamed town halls and virtual work meetings to Twitch streams, online classes and in-person conference

Neurelo is building a simpler way for developers to connect a database to an application

Data has always been at the heart of every program, and even more so these days as data feeds machine learning and large language models, but connecting to those databases has been a constant struggle for developers. Neurelo, an early-stage startup, emerged today with a solution to help solve that