Startups

We haven't heard much from the edtech sector ever since the pandemic forced students out of the classrooms and in front of their computers. But, as Anna Heim writes in the intro of our most recent survey of edtech investors, “we found that with AI in the picture, edtech startups have been as

Artisse, one of the many AI photo creation apps that let users generate photos of themselves using uploaded selfies combined with prompts, has raised $6.7 million in seed funding, following AI selfies’ viral moment. Similar to others on the market, Artisse users upload photos of themselves to

The expectation that modern AI tech will find a home in every part of our lives is pandemic. Fittingly, startups and investors are working overtime to build and fund new technology companies to either create or implement new AI tech. Major rounds are often in the headlines, and startups are buildin

Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today. The once high-flying fintech startup sent a note to employees (that was also published on the company's website) today, announcing the news.

It’s a wonder what generative AI, particularly text-to-image AI models like Midjourney and OpenAI’s DALL-E 3, can do. From photorealism to cubism, image-generating models can translate practically any description, short or detailed, into art that might well have emerged from an artist&#

Clerk, a startup creating a suite of embeddable UIs, APIs and admin dashboards that app developers can use to authenticate and manage users, has raised $30 million in a Series B round led by CRV with participation from Stripe, Andreessen Horowitz and Madrona. The proceeds bring Clerk’s total

Reflecting on the journey since ChatGPT’s debut a year ago, it’s clear that generative AI (GenAI) is more than a technological trend; it’s a pivotal shift in the business landscape. With almost two decades of experience in strategic and operational roles at McKinsey, eBay, Nike, a

Bulk Exchange, a startup building a marketplace that lets construction companies and contractors buy and dispose materials in bulk, has raised $4.5 million in seed funding. Instead of heading down the traditional venture capital avenue, the company instead raised the majority of its funding from pe

Early-stage startups working on artificial intelligence, clean technology and B2B software now have another chunk of capital to go after. After working together at Xerox Corp.'s corporate venture capital firm Xerox Ventures, Chris Fisher, Tim Chiang and Dean Mai form Myriad Venture Partners.

Silicon Valley venture capital juggernaut Sequoia is backing a fledgling Danish startup to build a next-gen software composition analysis (SCA) tool, one that promises to help companies filter through the noise and identify vulnerabilities that are a genuine threat. For context, most software conta

Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told technewss. The Bengaluru-headquartered startup, once India’s most valuable, is looking to raise $100 million to $200 million in ne

European VC Plural has carved out a reputation for itself as being one of the few VCs in the region started and led by entrepreneurs who grew their own startups. Its founders include Taavet Hinrikus from TransferWise/Wise; Sten Tamkivi; and Ian Hogarth, the founder of Songkick who more recently has

Edtech is nowhere near as popular as it was when schools were closed during the pandemic. Still, it would be shortsighted to overlook this category amid the present downturn, especially now that AI is disrupting nearly every industry out there. Now, we know edtech news has almost vanished like wat

There’s a lot of money in voice cloning. Case in point: ElevenLabs, a startup developing AI-powered tools to create and edit synthetic voices, today announced that it closed an $80 million Series B round co-led by prominent investors, including Andreessen Horowitz, former GitHub CEO Nat Fried