Tag Archives: TechCrunch

Why Congruent turned down over $300M from LPs for its third climate tech fund

Investors thought the firm’s initial target of $200 million was far too modest, and instead offered $600 million, a threefold oversubscription. © 2023 TechCrunch. All rights reserved. For personal use only.

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Opal Security, which helps companies manage access and identities, raises $22M

VC investment trends in the cybersecurity market suggest a sector in decline — at least within the context of recent months. According to Crunchbase, cybersecurity deal count fell during Q3 to 153 deals from 181 in Q2. In a more … Continue reading

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Following UK expansion, Robinhood brings crypto trading to EU

Robinhood’s long-awaited international expansion is at full throttle. The stock-trading app tailored to the younger generations is launching its crypto app to all eligible users in the European Union, the company said Thursday. The announcement comes on the heels of … Continue reading

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Pimento turns creative briefs into visual mood boards using generative AI

Pimento is a new French startup that is using generative AI in an interesting way as the company focuses on the first step of creative processes — ideation, brainstorming and moodboarding. And the company recently raised a $3.2 million (€3 … Continue reading

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European neobroker Scalable Capital raises $65M on a flat $1.4B valuation

Scalable Capital, a Munich startup that aims to make investing in financial markets accessible to a wider range of consumers, is putting more fuel in its tank to drive deeper into Europe. The company has raised €60 million in equity … Continue reading

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After e-signatures, Tomorro believes e-contracts will be the next big thing

You might not be familiar with the name Tomorro, but it is actually not a new startup. Tomorro is a French contract management platform that originally started as Leeway. And today, the company is announcing its new brand and an … Continue reading

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Five-month-old Indian AI startup Sarvam scores $41 million funding

Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build a suite of full-stack generative AI offerings. The $41 million funding raise is across the Seed … Continue reading

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Meta finally starts rolling out default end-to-end encryption for Messenger

After years of promises and limited tests, Meta has started rolling out default end-to-end encryption protection for Messenger. In an announcement, Mark Zuckerberg said that personal chats and calls will get default end-to-end encryption. However, encryption for group chats still … Continue reading

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India’s Paytm curbing low-value personal loans spells bad news for the industry

Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000 Indian rupees ($600) in a move that has already started to rattle many fintech investors. … Continue reading

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Commercial companies to collaborate for DARPA’s new lunar economy study

Establishing commercial markets on the moon is going to require thinking a little differently. That’s DARPA’s hunch, anyway. DARPA (Defense Advanced Research Projects Agency) is the U.S. Department of Defense’s R&D arm, which has just selected fourteen companies to participate … Continue reading

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