VCs are not done betting on fintech
Fintech has been in the dumps for a while now, and with companies like Brex once again cutting staff as they try to rein in costs, you’d be forgiven for assuming that the market for financial technology products is struggling.
Well, not really.
Brex might not be having a good
Gen Z investing app Alinea raises $3.4M, plans to launch an ‘AI copilot’
Alinea Invest, a fintech app offering AI-powered wealth management aimed at Gen Z women, has $3.4 million in seed funding ahead of the launch of a virtual AI assistant that will help users with their investing needs. The fundraising comes on the heels of 225,000 downloads of Alinea’s app, lea
Ask Sophie: As an immigrant, how can I work in space tech?
Sophie Alcorn, attorney, author and founder of Alcorn Immigration Law in Silicon Valley, California, is an award-winning Certified Specialist Attorney in Immigration and Nationality Law by the State Bar Board of Legal Specialization. Sophie is passionate about transcending borders, expanding opport
Here’s what to know to raise a Series A right now
There is good news and just “OK” news.
The good news is that the venture capital market is showing signs of stabilizing. The bad news is that raising a Series A will continue to be difficult for founders, especially as venture firms face liquidity problems, higher interest rates, and pressure f
Web Summit CEO jumps ship to head up NPR after just 3 months
Technology can sometimes move at the speed of light. And so, too, can technology executives. In a shock move, Web Summit announced today that Katherine Maher — who was hastily appointed to the role of CEO and chairperson of the events company at the end of October 2023 — is stepping dow
Amie brings your email inbox to its calendar app
There's a reason why some people are die-hard Microsoft Outlook fans. It brings together your emails, your calendar events and your contacts in a single app. But . . . it's Outlook. And some people can't stand its convoluted interface.
Amie, one of the most innovative apps in the ne
Anomalo’s machine learning approach to data quality is growing like gangbusters
When Anomalo's co-founders left Instacart in 2018, they thought they could put machine learning to work to solve data-quality problems inherent in large datasets. Five years later, the company's idea is even more relevant as data quality takes center stage with large language models.
Today,
There’s an AI ‘brain drain’ in academia
As one might expect, lots of students who graduate with a doctorate in an AI-related field end up joining an AI company, whether a startup or Big Tech giant.
According to Stanford’s 2021 Artificial Intelligence Index Report, the number of new AI PhD graduates in North America entering the AI
Fantuan acquires Chowbus' food delivery business
Fantuan, a Vancouver, Canada–based Asian food delivery company, announced it acquired Chowbus' delivery business line. Financial terms of the deal were not disclosed.
Chicago-based Chowbus also started out as a delivery service in 2016, focused on providing a way for mom-and-pop Asian restaur
Arcee is a secure, enterprise-focused platform for building GenAI
While working at Hugging Face, engineers Mark McQuade and Brian Benedict ran into challenges helping enterprise customers adopt GenAI. Some companies didn’t want to use closed-source AI APIs due to the perceived lack of transparency — but also resisted open source models over security c
Elo Life Systems grabs another $20.5M to get its monk fruit sweetener to market
A year after securing $24.5 million in Series A capital, ingredient company Elo Life Systems raised a $20.5 million Series A extension from existing investors.
North Carolina-based Elo Life launched in 2021 and focuses on a number of technologies from developing plant-based sweeteners to crop prote
General Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B
Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 billion valuation, the company announced today.
General Catalyst led the financing, which more than doubles the New York-based company's valuation compare
Kittl raises another $36M for its browser-based design tool
Just a year after raising $11.6 million, Kittl raised another $36 million in a Series B round led by IVP with some existing investors participating once again. The Berlin-based startup has been working on a graphic design tool that you can use in your web browser without having to install an app.
A
Forta raises $55M to help parents look after their autistic kids
In a world where healthcare access is disproportionately skewed by geography and income, Forta Health raised a substantial round of funding to level the playing field a bit.
The company says it is aiming to democratize access to healthcare by utilizing artificial intelligence tools, including lar