Tag Archives: TechCrunch

Spotify crosses the 600M monthly active users mark

Streaming service Spotify announced today that the service now has more than 600 million monthly active users. The company said in its Q4 2023 earnings report that it added 28 million users in the quarter, which marks the second biggest … Continue reading

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Ambience Healthcare raises $70M for its AI assistant led by OpenAI and Kleiner Perkins

Artificial intelligence has an increasing role in the world of healthcare, and startups that bring the two worlds closer are seeing significant traction with customers, and investors. In the latest development, Ambience Healthcare — has developed what it describes as … Continue reading

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Techstars-backed Nigerian edtech Klas raises $1M for global scaling of online teaching platform

Nigerian online teaching platform Klas has raised $1 million in pre-seed funding led by Ingressive Capital, with participation from Techstars, HoaQ Capital, and several angel investors. Founded in 2022 by Nathan Nwachuku and Lekan Adejumo, Klas enables users to create … Continue reading

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CRED to acquire mutual fund startup Kuvera in wealth management push

Indian fintech startup CRED has reached an agreement to buy mutual fund and stock investment platform Kuvera as part of an expansion into wealth management. The $6.4 billion Bengaluru-headquartered startup said it was attracted by Kuvera’s experienced team and expertise … Continue reading

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Open Source ‘headless commerce’ builder Saleor closes $8M round led by Target Global and Zalando

Saleor — a Poland and U.S.-based startup that develops an open-source headless’ e-commerce platform that developers then use to build online shops — has pulled in an $8 million Seed-extension round led by Target Global (the investors which have previously … Continue reading

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Colossyan uses GenAI to create corporate training videos

Most people don’t watch corporate training videos — or, in cases where the training’s mandatory, don’t give them their full attention. According to a recent poll from Kaltura, the video tech provider, 75% of staffers admit to skimming through training … Continue reading

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China’s generative video race heats up

On Monday, Tencent, the Chinese internet giant known for its video gaming empire and chat app WeChat, unveiled a new version of its open source video generation model DynamiCrafter on GitHub. It’s a reminder that some of China’s largest tech … Continue reading

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Yamaha Motor fuels River’s ambitious electric SUV two-wheeler rollout in India

River, an Indian startup manufacturing electric two-wheelers, has raised $40 million in a funding round led by Japan’s Yamaha Motor as the nearly three-year-old startup looks to increase R&D spending and expand the market presence of its first electric ‘SUV’ … Continue reading

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Early-stage UK VC Episode 1 closes $95M third fund

Early stage European venture capital (VC) firm Episode 1 has closed its third fund at £76 million ($95 million), as the London-based investor turns to in-house “data-driven deal sourcing tools” to find the next big thing. Founded in 2013, Episode … Continue reading

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Lynk forges ahead with public market debut despite SPAC’s dwindling reserves

Satellite-to-phone connectivity provider Lynk Global will head to the public markets via a merger with a shell company led by former professional baseball player Alex Rodriguez. The two companies confirmed the deal on Monday after announcing a non-binding LOI with … Continue reading

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