Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z
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Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z

Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the […]

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Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say
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In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say

Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person said.  This new funding comes just four months after Anysphere raised its $60 million Series […]

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

Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person said.  This new funding comes just four months after Anysphere raised its $60 million Series
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Backed by a16z and NEA, Backflip raises $30M Series A to turn text into AI-generated designs
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Backed by a16z and NEA, Backflip raises $30M Series A to turn text into AI-generated designs

Led by Markforged veterans and backed by a16z, Backlip has raised $30M to democratize product design thanks to AI.

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

Led by Markforged veterans and backed by a16z, Backlip has raised $30M to democratize product design thanks to AI.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

$25 billion valuation Chime takes another step towards an IPO
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$25 billion valuation Chime takes another step towards an IPO

Digital bank Chime has reportedly filed its confidential IPO paperwork with the SEC, with an eye toward a 2025 debut.

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

Digital bank Chime has reportedly filed its confidential IPO paperwork with the SEC, with an eye toward a 2025 debut.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Decart adds $32M at a $500M+ valuation to build AI tech and ‘open world’ apps
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Decart adds $32M at a $500M+ valuation to build AI tech and ‘open world’ apps

A young startup that emerged from stealth less than two months ago with big-name backers and bigger ambitions to make a splash in the world of AI is returning to the spotlight.  Decart is building what its CEO and co-founder Dean Leitersdorf describes as “a fully vertically integrated AI research lab,” alongside enterprise and consumer […]

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

A young startup that emerged from stealth less than two months ago with big-name backers and bigger ambitions to make a splash in the world of AI is returning to the spotlight.  Decart is building what its CEO and co-founder Dean Leitersdorf describes as “a fully vertically integrated AI research lab,” alongside enterprise and consumer
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Microrobots and the ‘lazy agent problem’: Swarm study demonstrates a solution
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Imagine trying to move a heavy piece of furniture with a group of people. Everyone’s effort matters, but how do you ensure that each person is pulling their weight? This challenge of fairly distributing the load is a critical issue not only in human teamwork but also for coordinating robotic swarms.Imagine trying to move a heavy piece of furniture with a group of people. Everyone’s effort matters, but how do you ensure that each person is pulling their weight? This challenge of fairly distributing the load is a critical issue not only in human teamwork but also for coordinating robotic swarms.[#item_full_content]

With Neverless, former Revolut execs want to make meme coins easy to buy
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With Neverless, former Revolut execs want to make meme coins easy to buy

There’s an ocean of meme coins beyond Dogecoin, and a new startup called Neverless wants to make it easier to get started with trading crypto, with a particular focus on providing access to small-cap tokens. This is an interesting new crypto startup, founded by three former executives at Revolut, the London-based fintech juggernaut. Phuc To […]

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

There’s an ocean of meme coins beyond Dogecoin, and a new startup called Neverless wants to make it easier to get started with trading crypto, with a particular focus on providing access to small-cap tokens. This is an interesting new crypto startup, founded by three former executives at Revolut, the London-based fintech juggernaut. Phuc To
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Indian startups raised 32% fewer rounds in 2024 as VCs got selective
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Indian startups raised 32% fewer rounds in 2024 as VCs got selective

Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that investors are being more selective when striking deals. The number of startup funding rounds fell to 1,448 compared to 2,114 last year, but overall funding rose 6% to $11.3 billion — the […]

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

Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that investors are being more selective when striking deals. The number of startup funding rounds fell to 1,448 compared to 2,114 last year, but overall funding rose 6% to $11.3 billion — the
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Sustainable Ocean Alliance marks 10 years with ocean-friendly startup label and a new batch of ‘ecopreneurs’
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Sustainable Ocean Alliance marks 10 years with ocean-friendly startup label and a new batch of ‘ecopreneurs’

Over the last decade, the Sustainable Ocean Alliance has graduated from dorm room activism to a thousands-strong global network of experts, investors, and “ecopreneurs” — all of whom believe the best way to save the ailing oceans is to embrace innovation. Founder Daniela Fernandez has steered the ship the whole time, and the SOA is […]

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

Over the last decade, the Sustainable Ocean Alliance has graduated from dorm room activism to a thousands-strong global network of experts, investors, and “ecopreneurs” — all of whom believe the best way to save the ailing oceans is to embrace innovation. Founder Daniela Fernandez has steered the ship the whole time, and the SOA is
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Hauler Hero wants to bring waste management software into the 21st century
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Hauler Hero wants to bring waste management software into the 21st century

After nearly four years of working in sales at tradesperson software company ServiceTitan, Mark Hoadley (pictured above) was looking for a change and to potentially start something of his own in a similar industry. Hoadley’s brother-in-law, and now co-founder, Ben Sikma, was working on M&A in the waste management space at the time. Sikma discovered […]

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

After nearly four years of working in sales at tradesperson software company ServiceTitan, Mark Hoadley (pictured above) was looking for a change and to potentially start something of his own in a similar industry. Hoadley’s brother-in-law, and now co-founder, Ben Sikma, was working on M&A in the waste management space at the time. Sikma discovered
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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