AI inference startup Baseten reportedly raising $1.5B months after its last mega-round
Startup Baseten is reportedly close to finalizing a $1.5 billion round at a $13 billion as the “inference gold rush” marches on.
PayPal Ventures shutters as company restructuring continues
The corporate venture arm ends after 10 years and 80 investments.
Payments startup Flutterwave hits $3.2B valuation, backed by Ripple
African payments infrastructure company Flutterwave has hit a new valuation and landed blockchain company Ripple as investor and partner.
Orbio raises $21 million to automate hiring and onboarding for frontline workers
Orbio announces $21 Million Series A in round led by Dawn Capital.
Black founders raise highest amount of quarterly funding since 2022, but there’s a catch
Speaking to TechCrunch, Crunchbase’s head of research Gené Teare, said the factors holding back Black founders include “access to networks, relationships, and early introductions.”
Snap alums unveil Ghost Angels fund
A group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media.
After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per…
Corgi announces $106M raise at $2.6B valuation — double what it was worth three weeks ago
Insurance tech Corgi announced today an $106 million Series B1 raise, valuing the company at $2.6 billion, just three weeks after announcing a $160 million Series B.
Ferrari is using IBM’s AI to create F1 superfans
IBM and Scuderia Ferrari HP take TechCrunch inside how they are redefining the fan experience.
This young startup is taking on a fragrance industry that hasn’t changed in a almost half century
Fragrance tech company Patina announced Thursday a $2 million raise from investors, including Betaworks and True Ventures.