Morocco’s food tech Terraa raises $1.5M led by FoodLabs
Terraa, a Moroccan B2B tech-enabled food distribution platform, has raised $1.5 million pre-seed funding in a round led by FoodLabs, a European early-stage VC investor and venture studio for food, sustainability and health. Other participants in the round were UM6P Ventures, Outlierz Ventures, Mush
Writer deploys home-cooked large language models to power up enterprise copy
There’s a lot of noise right now about how generative AIs like ChatGPT and Bard are going to revolutionize various aspects of the web, but companies targeting narrower verticals are already experiencing success. Writer is such a one, and it just announced a new trio of large language models t
Daily Crunch: Generative AI search engine NeevaAI rolls out subscription service to more countries
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Helloooooo, Crunchers! It's Monday, and it's time for premature lovers to celebrate Valentine's Day (it's tomorrow, you eager lovebirds).
Rihanna’s Savage X Fenty and a newer startup, FIT:MATCH, team up to sell better-fitting lingerie
Shoppers at Rihanna’s lingerie brand Savage X Fenty may soon find it easier than ever to find products that fit their measurements. Last year, the brand made an investment in a four-year-old, Miami-based startup called FIT:MATCH; now, Savage X Fenty is employing FIT:MATCH’s tech in a gr
Phenomenal Ventures, built by Meena Harris and Helen Min, debuts
Meena Harris knows how to build. The lawyer and author grew her side hustle of making activist T-shirts into a behemoth of a brand, Phenomenal, which recently expanded from merchandising to media to entertainment. Now, she wants to invest in those who show that same scrappiness with her next, and l
Transit tech company Via raises $110M at $3.5B valuation
On-demand shuttle service and transit tech company Via has raised another $110 million, bringing the company’s total funding to around $1 billion. The fresh capital pushes Via’s valuation up to $3.5 billion at the same price per share as the company's previous financing in November
Startup pledges to ‘deliver a cup of coffee’s worth of energy in just three sprays’
The past two-and-a-half years have been a roller-coaster ride for the founders of VAE Labs, but today the pre-revenue consumer technology company has some good news: a $2 million seed round that will help boost its sprayable caffeine device into the commercial market.
Draper Associates led the inve
A decade of fintech failures: 4 innovations that didn’t live up to the hype
Over the last decade, fintech has evolved from a label for plucky startups into a sustained movement that has disrupted the traditionally stodgy financial services industry. Much has been written about the success of fintech and how this wave of technological innovation has changed consumers' l
A Black YC alum explains how he raised $107M
The founder of Captain, Demetrius Gray, has raised an impressive $107.3 million so far, but he's no first-timer. While his first startup, WeatherCheck, didn't work out the way he envisioned it, that business paved the way for his current success.
“The incentives weren’t aligned,”
Dockhunt is a new way to discover Mac apps by looking at other people’s docks
The App Store might suggest a useful app from time to time, but you can’t always rely on it to discover new apps. Meanwhile, places like Reddit communities or Product Hunt could be very broad for what you are looking for. So a team of engineers at Basedash, a startup that helps companies conn
Strava searches for new CEO with co-founder Michael Horvath departing for a second time
Strava is on the hunt for a new CEO, after Michael Horvath revealed that he’s stepping down from the role for a second time.
Horvath co-founded Strava back in 2009, steering the company to become one of the world’s biggest activity-tracking social communities, passing 100 million regist
As ChatGPT hype hits fever pitch, Neeva launches its generative AI search engine internationally
Challenger search engine Neeva wants to replace the familiar “10 blue links” in search results with something more fitting for the modern AI age.
Back in December, Neeva co-founder and CEO Sridhar Ramaswamy, who previously spearheaded Google's advertising tech business, teased new
AI comes to expense reports
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the p
Cities, cycles and San Francisco's ‘return’
Welcome to Startups Weekly, a nuanced take on this week's startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.
“San Francisco is back!”
“It never left.”
“It’s been long d