Tag Archives: TechCrunch

Open source vector database startup Qdrant raises $28M

Qdrant, the company behind the eponymous open source vector database, has raised $28 million in a Series A round of funding led by Spark Capital. Founded in 2021, Berlin-based Qdrant is seeking to capitalize on the burgeoning AI revolution, targeting … Continue reading

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Byju’s seeks new funding at less than $2 billion valuation, a 90% drop

Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch. The Bengaluru-headquartered startup, once India’s most valuable, is looking to … Continue reading

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Telegram is rolling out ‘view-once’ voice and video messages

Telegram is rolling out a bunch of upgrades as part of its January feature drop including “view-once” video and audio messages, the ability to pause recording while sending a video or an audio message, and new read-time controls. The app … Continue reading

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Germany’s Instagrid, which uses software to supercharge portable batteries, raises $95M

Energy supply is one of the bigger issues impacting how technology will evolve over time — a challenge that might be feel closer to home when you consider the batteries of objects like mobile phones or electric vehicles but is … Continue reading

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Business travel management platform TravelPerk raises $105M

TravelPerk, a business travel management platform targeted at SMEs, has raised $105 million in a fresh equity-based round of financing led by SoftBank’s Vision Fund 2. Existing investors including Kinnevik and Felix Capital also participated in the round. The funding … Continue reading

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Apple will pay artists more to have a spatial audio version on Apple Music

Apple will pay additional royalties starting this month to artists if they have a spatial audio version on Apple Music, according to multiple reports. The company will pay up to 10% additional royalty if an artist has all their songs … Continue reading

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China quietly pulls draft gaming rules from website

Beijing has quietly pulled the proposed curbs on the video game industry from the official website, weeks after the draft guidelines wiped tens of billions of dollars off the market value of local titans. The link to the draft rules … Continue reading

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AC Ventures closes its new $210M Indonesia-focused fund

In the middle of a long funding winter, AC Ventures’ latest news will give Southeast Asian startups hope. The Jakarta, Indonesia–based venture firm announced today it has raised $210 million, finishing the final close on its fifth fund, called ACV … Continue reading

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Plural, the VC led by founders, pulls together a new $432M fund to back European startups

European VC Plural has carved out a reputation for itself as one of the few VC’s in the region started and led by entrepreneurs who grew their own startups, with its founders including Taaavet Hinrikus from Transferwise/Wise; Sten Tamkivi; and … Continue reading

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Successful failure: Sierra Space’s inflatable habitat blows up as planned

Sierra Space has completed a key test of its inflatable space habitat, as the company progresses toward launching and operating a private space station with Blue Origin before the end of the decade. The “ultimate burst pressure” test of the … Continue reading

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