Browsing: Startups
India’s Oyo, once valued at $10 billion, closes fresh funding at $2.5 billion valuation
Oyo, the Indian budget hotel chain startup, is wrapping up a fresh round of about $100 million to $125 million that brings its valuation down to…
Byju’s is struggling to raise the full $200 million in rights issues that its founder previously claimed were oversubscribed, sources familiar with the matter told TechCrunch.…
Enveda raises $55 million to combine ancient treatments with artificial intelligence for drug discovery
For centuries, people have chewed willow bark to relieve pain, but scientists at the chemical company Bayer didn’t isolate its active ingredient until the 1800s and…
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If there’s one thing holding batteries back, it’s cost. The most common type of battery, lithium-ion, still costs about $140 per kilowatt-hour for a pack. While…
Amazon says it will commit up to $230 million to startups building AI-powered apps. The investment, about $80 million of which will fund Amazon’s second AWS…
Layoffs are hard. This year alone, we’ve already seen 60,000 job cuts across 254 companies according to layoffs.fyi. Looking for ways to grow your network can…
Since the launch of fintech startup Brex in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have been running the company as co-CEOs. But starting…
And there was light! Danish startup comes out of stealth with $13 million in funding to bring AI to the mainstream
It’s not the sexiest topic, but someone has to talk about it: The CFO technology stack — software used by the world’s CFOs — is ripe…
Light introduces its latest minimalist phone, now with an OLED screen but still without addictive apps
As Apple prepares to introduce AI-powered features to the iPhone, another company is taking the opposite approach: Instead of building a phone with more technology, it’s…