European AI startups have raised $8 billion in 2024

In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They’ll most likely announce some big investments and diplomatic agreements focused on safety or the environmental impact of artificial intelligence. Ahead of the summit, early-stage VC firm Galion.exe, growth investment […]

© 2024 TechCrunch. All rights reserved. For personal use only.

In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They’ll most likely announce some big investments and diplomatic agreements focused on safety or the environmental impact of artificial intelligence. Ahead of the summit, early-stage VC firm Galion.exe, growth investment
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Deel unloads $300M in secondary sale, brings General Catalyst on as an investor

Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

LogicStar is building AI agents for app maintenance

Swiss startup LogicStar is bent on joining the AI agent game. The summer 2024-founded startup has bagged $3 million in pre-seed funding to bring tools to the developer market that can do autonomous maintenance of software applications, rather than the more typical AI agent use-case of code co-development. LogicStar CEO and co-founder Boris Paskalev (pictured […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Swiss startup LogicStar is bent on joining the AI agent game. The summer 2024-founded startup has bagged $3 million in pre-seed funding to bring tools to the developer market that can do autonomous maintenance of software applications, rather than the more typical AI agent use-case of code co-development. LogicStar CEO and co-founder Boris Paskalev (pictured
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Two space startups have merged to create the next generation of telescopes

On a clear spring evening in Michigan, the stars aligned — just not in the way Upfront Ventures partner Nick Kim expected. He’d just led a $9.5 million seed round for OurSky, a software platform for space observational data, and was eager to see what its telescope partner PlaneWave Instruments could do.  But when they […]

© 2024 TechCrunch. All rights reserved. For personal use only.

On a clear spring evening in Michigan, the stars aligned — just not in the way Upfront Ventures partner Nick Kim expected. He’d just led a $9.5 million seed round for OurSky, a software platform for space observational data, and was eager to see what its telescope partner PlaneWave Instruments could do.  But when they
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Sotira lands $2M to help brands offload and monetize their surplus inventory

An estimated 20% to 30% of all inventory in the U.S. is surplus, with much of it ending up in landfills. A startup called Sotira wants to help address this problem: It leverages AI to help companies offload and monetize their surplus inventory. Sotira partners with brands to offload millions of pounds of surplus grocery, […]

© 2024 TechCrunch. All rights reserved. For personal use only.

An estimated 20% to 30% of all inventory in the U.S. is surplus, with much of it ending up in landfills. A startup called Sotira wants to help address this problem: It leverages AI to help companies offload and monetize their surplus inventory. Sotira partners with brands to offload millions of pounds of surplus grocery,
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Archive raises $30M to solve fashion’s pollution problem with online resales

The fashion industry has concerned Emily Gittins since adolescence.  The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than 20% of all water waste.  Yet people still want more, fast.  “The way we consume […]

© 2024 TechCrunch. All rights reserved. For personal use only.

The fashion industry has concerned Emily Gittins since adolescence.  The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than 20% of all water waste.  Yet people still want more, fast.  “The way we consume
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Waabi and Volvo team up to build self-driving trucks at scale

Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks, an important milestone as it gets closer to a commercial launch.  The tie up also marks Volvo’s second partnership to co-develop self-driving big rigs with a startup partner. In May 2024, Volvo teamed up with Aurora Innovation to […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks, an important milestone as it gets closer to a commercial launch.  The tie up also marks Volvo’s second partnership to co-develop self-driving big rigs with a startup partner. In May 2024, Volvo teamed up with Aurora Innovation to
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Neuralk-AI is developing AI models specifically designed for structured data

Tabular data is a broad term that encompasses structured data that generally fits into a specific row and column. It can be a SQL database, a spreadsheet, a .CSV file, etc. While there has been tremendous progress on artificial intelligence applied to unstructured and sequential data, these large language models are fuzzy by design. They […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Tabular data is a broad term that encompasses structured data that generally fits into a specific row and column. It can be a SQL database, a spreadsheet, a .CSV file, etc. While there has been tremendous progress on artificial intelligence applied to unstructured and sequential data, these large language models are fuzzy by design. They
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Stripe brings aboard new head of ‘startup and VC partnerships’

Asya Bradley, a former fintech founder and investor, has joined payments giant Stripe as its new head of Startup & Venture Capital Partnerships. Bradley announced the news on February 2 in a post on LinkedIn, though her bio shows that she joined Stripe back in November. Neither Stripe nor Bradley were immediately available for comment.  […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Asya Bradley, a former fintech founder and investor, has joined payments giant Stripe as its new head of Startup & Venture Capital Partnerships. Bradley announced the news on February 2 in a post on LinkedIn, though her bio shows that she joined Stripe back in November. Neither Stripe nor Bradley were immediately available for comment. 
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

TechCrunch Disrupt 2025: Secure your ticket at this year’s lowest rates

Missed the 2-for-1 deal for TechCrunch Disrupt 2025? No problem! Super Early Bird prices are still available, with savings of up to $1,130 on individual tickets and up to 30% on group passes. These savings are only good until the end of this month. Celebrate 20 years of TechCrunch Disrupt from October 27-29 at Moscone […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Missed the 2-for-1 deal for TechCrunch Disrupt 2025? No problem! Super Early Bird prices are still available, with savings of up to $1,130 on individual tickets and up to 30% on group passes. These savings are only good until the end of this month. Celebrate 20 years of TechCrunch Disrupt from October 27-29 at Moscone
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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