Anthropic hires Instagram co-founder as head of product

Mike Krieger, one of the co-founders of Instagram and, more recently, the co-founder of personalized news app Artifact (which TechCrunch corporate parent Yahoo! recently acquired), is joining Anthropic as the company’s first chief product officer. As CPO, Krieger will oversee Anthropic’s product engineering, management and design efforts, Anthropic says, as …...Read More

Alkira connects with $100M for a solution that connects your clouds

As cloud adoption continues to surge towards the $1 trillion mark in annual spend, we’re seeing a wave of enterprise startups gaining traction with customers and investors for tools to help manage that usage. In the latest development, a startup called Alkira has raised $100 million for “network infrastructure as …...Read More

Orange Charger thinks a $750 outlet will solve EV charging for apartment dwellers

Nicholas Johnson founded a company because he lost a bet. Johnson was having dinner with some investors in Lyt, a road congestion management company he had co-founded. As the dinner conversation meandered, it settled on EV charging and how best to bring it to multi-family housing. Apartment dwellers who own …...Read More

Embedded accounting startup Layer secures $2.3M toward goal of replacing Quickbooks

Embedded finance is usually what we hear about when brands and non-financial businesses want to offer financial products or services — like banking, insurance, lending and payments — to provide a better user experience for customers. Layer is leaning into that better user experience, but with embedded accounting. Its customers …...Read More

Weka raises $140M as the AI boom bolsters data platforms

While an increasing number of companies are investing in AI, many are struggling to get AI-powered projects into production — much less delivering meaningful ROI. The challenges are many. But a commonly recurring one is data management. The data that companies need to train, run and fine-tune AI models is …...Read More

Meet PayHOA, a profitable and once-bootstrapped SaaS startup that just landed a $27.5M Series A

PayHOA, a previously bootstrapped Kentucky-based startup that offers software for self-managed homeowner associations (HOAs), is an example of how real-world problems can translate into opportunity. It just raised a $27.5 million Series A round in an environment where nearly $30 million Series A rounds are no longer common. PayHOA founder …...Read More

Restaurant365 orders in $175M at a $1B+ valuation to supersize its food service software stack

The restaurant industry in the U.S. is expected to pass $1 trillion in sales for the first time this year, despite wider economic pressures on consumers. Now Restaurant365, a startup building tech to manage those businesses, has raised a hot round of $175 million to capitalize on that growth. The …...Read More

Portuguese VC firm Shilling launches €50M opportunity fund to back growth-stage startups

It seems like it was only yesterday (well, seven years ago!) that I was honing in on the rapid development of Portugal’s growing startup and investment scene. I updated my article in 2021, only to find an explosion of new companies and investors. Today comes further proof that Portugal is …...Read More

LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI

Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in the AI space, he quickly ran into problems with traditional data infrastructure — problems that prevented him from bringing AI models into …...Read More

Berlin-based trawa raises €10M to use AI to make buying renewable energy easier for SMEs

The brutal invasion of Ukraine by Russia in February 2022 took businesses that depended on oil and gas energy by surprise. Suddenly, renewable energy became crucial to survival. But how best to buy it? That was the germination of the idea behind trawa, a Berlin-based renewable energy supplier that recently …...Read More