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BMW i Ventures has a new $300 M fund and AI is riding shotgun
2+ hour, 22+ min ago (596+ words) BMW i Ventures has launched a new $300 million fund with a timely thesis: AI will reshape how the automotive industry operates. And the independent venture arm of BMW AG wants to be in the driver's seat. The catch, of course,…...
Firestorm Labs raises $82 M to take drone factories into the field
2+ hour, 21+ min ago (449+ words) In a Pacific conflict, the nearest U. S. drone factory is thousands of miles away. Ships and planes carrying parts to the front lines would be vulnerable to attack. Defense startup Firestorm Labs thinks the answer is a drone factory that fits…...
Founder of Shark Tank-backed'startup'Scholly sues'his acquirer'Sallie Mae
23+ hour, 59+ min ago (1218+ words) Chris Gray is suing his startup's acquirer, Sallie Mae, for wrongful termination and alleging it's selling student data through a subsidiary. Sallie Mae denies the allegations and vows to fight....
India's Snabbit closes $56 M round as investor interest in on-demand home services heats up
1+ day, 12+ hour ago (164+ words) Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming Tech Crunch's earlier report. Founded in 2024, Snabbit said it is now processing over 40, 000 jobs daily across a network of more than 15, 000 workers in five cities, offering…...
Deep Mind's David Silver just raised $1. 1 B to build an AI that learns without human data
1+ day, 22+ hour ago (347+ words) Ineffable Intelligence, a British AI lab founded a mere few months ago by former Deep Mind researcher David Silver, has raised $1. 1 billion in funding at a valuation of $5. 1 billion....
India's Snabbit seeks fresh funding at a $400 M valuation, sources say
4+ day, 35+ min ago (472+ words) Snabbit, an Indian instant house-help startup, is close to raising fresh funding at a valuation of around $400 million in a round led by Susquehanna Venture Capital, Tech Crunch has learned. The Bengaluru-based startup is in talks to raise around $50 million…...
The climate tech IPO window could finally be cracking open
3+ day, 17+ hour ago (603+ words) Climate tech startups are capital intensive, timelines are long, and the technology is often considered "first of its kind." What's more, a key value proposition is addressing pollution " an externality that is, at best, poorly priced by the market. Those…...
Cohere acquires, merges with German-based startup to create a 'transatlantic AI powerhouse"
4+ day, 17+ hour ago (183+ words) Cohere, the Canada-based enterprise AI unicorn, announced Friday that it would merge with the German-based enterprise AI company Aleph Alpha. The deal, which has yet to close, will value the newly formed company at $20 billion, the FT reported. Schwarz Group,…...
Bret Taylor's Sierra buys YC-backed AI startup Fragment
5+ day, 18+ hour ago (300+ words) Dominic-Madori Davis is a senior venture capital and startup reporter at Tech Crunch. She is based in New York City. You can contact or verify outreach from Dominic by emailing dominic. davis@techcrunch. com or via encrypted message at +1 646 831-7565 on…...
Era raises $11 M to build a software platform for AI gadgets
5+ day, 18+ hour ago (704+ words) Earlier in April, the startup Era held a gathering of artists who had received its developer kit in New York. The artists showed off the various mini gadgets they had built, like a souvenir that tells you facts and jokes…...