Ternary, a cloud spend management startup, raises $12M
Ternary, a platform that helps companies manage how much they’re spending on cloud resources across multiple public cloud providers, today announced that it raised $12 million in a Series A funding round led by Jump Capital with participation from Fin Capital, RiverPark Ventures, Great Oaks V
Nomad Homes adds software for real estate agents following $20M capital infusion
Nomad Homes, a marketplace for residential real estate listings across Europe and the Middle East, closed on $20 million in Series A extension capital. This comes two years after securing a $20 million Series A.
Acrew Capital led the round and was joined by existing and new investors 01 Advisors, H
While tech companies play with OpenAI's API, this startup believes small, in-house AI models will win
ZenML wants to be the glue that makes all the open-source AI tools stick together. This open-source framework lets you build pipelines that will be used by data scientists, machine-learning engineers and platform engineers to collaborate and build new AI models.
The reason ZenML is interesting is t
Peak XV’s latest Surge batch is 77% AI and deep tech startups
AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast Asia-focused VC fund intensifies its search for opportunities in a sector garnering international frenzy.
Ten out of 13 startups in the latest cohort of S
Is Plaid’s potential IPO a sign of fintech turning a corner?
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Unfortunately we can't make it to Money20/20 next week. But we have no doubt that we're g
In insurtech, too, business models aren’t one-size-fits-all
W
elcome to the technewss Exchange, a weekly startups-and-markets newsletter. It's inspired by the daily technewss+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.
As a founder, it takes conviction not to pivot when it seems that everyone else is. But what i
Paddy Cosgrave has stepped down as CEO of Web Summit
Paddy Cosgrave has stepped down as CEO of Web Summit, the 14-year-old conference business that he co-founded and which has gone on to host one of Europe’s biggest annual tech events, along with four other events around the globe.
Following a week of controversy surrounding comments Cosgrave m
TAM/SAM/SOM is only for founders who think small
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday.
For VCs, market size is crucial, because it becomes a proxy for how big a company could possibly get, which in turn is a measure of how big the return on investment could be. That only works in well-defined industries: I
TC+ Roundup: Did Atlassian pay a fair price for Loom?
Good morning, and welcome to Friday!
Atlassian's purchase of Loom last week raised eyebrows, and not just because it missed unicorn status by a hair. But overall, it makes sense that Atlassian bought it. “Teaming and collaboration is moving to async video, and that was the one big piece missi
6 tax-related do's and don'ts for SaaS startups in 2023
Many software manufacturers incorrectly assume that sales tax does not apply to transactions. The rules can differ significantly depending on whether you are selling traditional software, SaaS, or a hybrid product, and, more importantly, how the taxing jurisdiction at issue defines your product or
Pitch Deck Teardown: SplitBrick’s $200K angel deck
I don’t often tear down angel decks for the Pitch Deck Teardown series for a pretty simple reason: The expectations that angel investors have from a pitch deck are pretty different from what professional institutional investors are looking for. Still, as I was looking through SplitBrick‘
Black founders received 0.13% of capital this Q3
Black founders raised 0.13% of all capital allocated to U.S. startups in Q3, according to Crunchbase. That's about $39.7 million out of $29.9 billion.
This number is a massive year-over-year drop.
In Q3 2022, Black founders raised $1 billion out of around $81.7 billion in ventur
Luzia lands $10 million in funding to expand its WhatsApp-based chatbot
The availability of Large Language Models (LLMs) has made it easier for developers to make chatbots. Large companies such as OpenAI, Google and Microsoft have made ChatGPT, Bard and Bing Chat widely available. However, non-tech affluent audiences might not be aware of some of these bots. Spain-base
Temasek's Xora backs Cosmos Innovation's next-generation solar cell technology
Perovskite silicon tandem solar cell technology is a mouthful, but it's basically perovskite crystals layered on top of silicon cells. The combination captures energy from the sun more efficiently than traditional silicon cells, creating powerful solar panels. That sounds simple enough, but des