Startups Weekly: Clash of the AI titans, and Europe is firing on all cylinders

Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Hold on to your Apple Watches, folks! At WWDC 2024, Apple finally decided to give Siri a brain transplant with something they’re calling “Apple Intelligence” (AI—get […]

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

Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Hold on to your Apple Watches, folks! At WWDC 2024, Apple finally decided to give Siri a brain transplant with something they’re calling “Apple Intelligence” (AI—get
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Enveda raises $55M to combine ancient remedies with AI for drug discovery

For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its modified version as Aspirin. Aspirin is just one example of a medicine derived from natural sources. In fact, the World Health Organization estimates that around 40% of […]

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

For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its modified version as Aspirin. Aspirin is just one example of a medicine derived from natural sources. In fact, the World Health Organization estimates that around 40% of
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

GPTZero’s founders, still in their 20s, have a profitable AI detection startup, millions in the bank and a new $10M Series A

GPTZero’s growth and financials made it one of the AI startups ruthlessly pursued by VCs. And Footwork’s Nikhil Basu Trivedi won the deal.

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

GPTZero’s growth and financials made it one of the AI startups ruthlessly pursued by VCs. And Footwork’s Nikhil Basu Trivedi won the deal.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Amazon says it’ll spend $230 million on generative AI startups

Amazon says that it’ll commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second annual AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services. […]

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

Amazon says that it’ll commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second annual AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Unigrid wants to make batteries cheaper and safer using sodium

Sodium-ion isn’t quite ready for widespread use, but one startup thinks it has surmounted the battery chemistry’s key hurdles.

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

Sodium-ion isn’t quite ready for widespread use, but one startup thinks it has surmounted the battery chemistry’s key hurdles.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Court halts Byju’s second rights issue as $200M fundraise falters

An Indian court has restrained Byju’s from proceeding with its second rights issue amid allegations of oppression and mismanagement by its shareholders.

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

An Indian court has restrained Byju’s from proceeding with its second rights issue amid allegations of oppression and mismanagement by its shareholders.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Aepnus wants to create a circular economy for key battery manufacturing materials

The specter of wastewater threatens to stall the construction of battery factories. One startup, though, says the solution isn’t to dispose of it, but recycle it.

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

The specter of wastewater threatens to stall the construction of battery factories. One startup, though, says the solution isn’t to dispose of it, but recycle it.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

AccountsIQ takes in $65M to boost its bookkeeping tools with AI

AccountsIQ, a Dublin-founded accounting technology company, has raised $65 million to build “the finance function of the future” for mid-sized companies.

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

AccountsIQ, a Dublin-founded accounting technology company, has raised $65 million to build “the finance function of the future” for mid-sized companies.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Why being the last company to launch in a category can pay off

When Jordan Nathan launched his DTC nontoxic cookware company, Caraway, in 2019, he knew he was not the only founder trying to sell a new brand of pots and pans to millennials scrolling through Instagram. But he found that launching after his peers ended up being a blessing in disguise in all areas but one. […]

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

When Jordan Nathan launched his DTC nontoxic cookware company, Caraway, in 2019, he knew he was not the only founder trying to sell a new brand of pots and pans to millennials scrolling through Instagram. But he found that launching after his peers ended up being a blessing in disguise in all areas but one.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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