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Tag: fundraising

#OneRail’s software helps solve the last-mile delivery problem
  • Technology

#OneRail’s software helps solve the last-mile delivery problem

Admin2 years ago08 mins

Last-mile delivery, the very last step of the delivery process, is a common pain point for companies. According to one survey, nearly 90% of retailers struggle with their last-mile delivery operations, either because of technical issues, costs, or a combination of both. Bill and Lisa Catania understand this well. The husband-and-wife team founded OneRail, a…

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#Fusion startup Tokamak Energy attracts 5M for its egg-like reactor design
  • Technology

#Fusion startup Tokamak Energy attracts $125M for its egg-like reactor design

Admin2 years ago03 mins

As the world races to add more power plants to satiate AI’s thirst for electricity, investors have been plowing money into nuclear fusion, the pie-in-the-sky technology that appears to be inching its way toward commercial viability. The latest exhibit: Tokamak Energy, a UK-based startup that’s working to refine its squeezed-doughnut approach to fusion power. The…

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#Portugal’s Tekever raises M for dual-use drone platform deployed to Ukraine
  • Technology

#Portugal’s Tekever raises $74M for dual-use drone platform deployed to Ukraine

Admin2 years ago05 mins

Dual-use drone startup Tekever has raised €70 million ($74 million) to develop its product and expand into new markets, specifically the U.S.. The news is part of a trend of smaller tech-driven startups moving into markets normally dominated by large ‘defense primes’. It also shows that unmanned aerial drones are becoming far more sophisticated, in…

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#Ben Ling’s Bling Capital has already nabbed another 0M for fourth fund
  • Technology

#Ben Ling’s Bling Capital has already nabbed another $270M for fourth fund

Admin2 years ago03 mins

Bling Capital, one of the more prolific and well-connected seed VC firms, has nabbed another $270 million for a new flagship fourth fund. About half of those fresh millions are earmarked for its opportunity fund, money set aside to make follow-on investments into winners, Bling general partner Kyle Lui tells TechCrunch. Bling is the firm…

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#SwiftConnect lets workers access the office with a smartphone swipe
  • Technology

#SwiftConnect lets workers access the office with a smartphone swipe

Admin2 years ago06 mins

With the advent of flexible workspaces, companies are increasingly adopting smartphone-based authentication to let employees enter and leave. In a recent poll, nearly two in five firms said they’re letting staff use their phones to access office buildings. The boon has benefited vendors like SwiftConnect, which sells a platform for managing access to physical offices. Chris…

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#This generative AI startup is strapping cameras to people’s backs
  • Technology

#This generative AI startup is strapping cameras to people’s backs

Admin2 years ago05 mins

A startup is training an AI system that it claims will enable creators to generate cinematic worlds, with complete control over the scenery, characters, lighting, and motion. How? By having humans strap cameras to their backs and hike around the world. Odyssey, founded by self-driving pioneers Oliver Cameron and Jeff Hawke (Cameron was previously the…

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#After spending three years working on SMS verification at Zenly, Prelude wants to fix SMS onboarding
  • Technology

#After spending three years working on SMS verification at Zenly, Prelude wants to fix SMS onboarding

Admin2 years ago07 mins

Prelude is a relatively new French startup that focuses on SMS verification; it’s announcing new funding from Singular and Seedcamp on Wednesday. The two founders met when they were working for Zenly, a popular location-sharing app with tens of millions of users that was acquired by Snap (and later shut down). While you might not…

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#Conduktor looks to gatekeep ‘bad data’ out of company’s apps
  • Technology

#Conduktor looks to gatekeep ‘bad data’ out of company’s apps

Admin2 years ago05 mins

It was 2020, and Nicolas Orban, Stéphane Derosiaux and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to embrace cloud services. “Many companies were finding it difficult to scale their…

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#Agicap secures  million for its cash flow management platform
  • Technology

#Agicap secures $48 million for its cash flow management platform

Admin2 years ago07 mins

On average, Agicap’s clients manage 15 different bank accounts each. So the chief financial officers (CFOs) working for these companies sometimes struggle to make sure that there will be enough money in the right bank account to pay employees and suppliers across different subsidiaries, countries and currencies. That’s also why they turn to Agicap to…

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#Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital
  • Technology

#Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital

Admin2 years ago07 mins

Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right. Fernando Gadotti struggled with this as the co-founder and CEO of DogHero, LatAm’s version of Rover. When Gadotti left the company in 2022, after…

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