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Rainforest raises $8.5M to help software companies embed financial services, payments

In November 2019, Andreessen Horowitz General Partner Angela Strange famously declared that, “Every company will be a fintech company.” Specifically, Strange projected that — in the not-too-distant-future — “nearly every company” would derive a significant portion of its revenue from financial services. Over the years, that prediction has played out to a certain extent. More […] says biomanufacturing is broken and its continuous fermentation tech will fix it intends to bring down the costs associated with biomanufacturing by reimagining of fermentation facility operations.

Recapitalization, $60M Series D support growth of e-commerce financier Clearco

Today's news marks a turnaround for a company that’s had its share of ups and downs over the past year.

Rabbit is building an AI model that understands how software works

What if you could interact with any piece of software using natural language? Imagine typing in a prompt and having AI translate the instructions into machine-comprehendable commands, executing tasks on a PC or phone to accomplish the goal that you just described? That’s the idea behind Rabbit, a rebranding of Sun Microsystems co-founder Vinod Khosla’s […]

Okta plans to weave AI across its entire identity platform using multiple models

One thing is clear this year: generative AI is having a tremendous impact on the software industry, and a week doesn’t pass without software companies announcing their plans to incorporate the seemingly game changing technology into their platforms. This week, it’s Okta’s turn. The identity company is making a slew of AI-related announcements at the […]

Yubico can now ship pre-registered security keys to its enterprise users

Physical security keys remain one of the best ways to secure user accounts, but the fact that new users have to register them before they can use them often adds quite a bit of friction. Yubico, the company behind the ubiquitous FIDO-certified YubiKeys, is now making this significantly easier by giving its enterprise users the […]

Resy and Eater co-founder raises $24M for Blackbird, a restaurant loyalty platform

Blackbird Labs, a hospitality tech company whose platform helps restaurants stay in touch with guests and incentivize them to dine out more frequently, today announced that it raised $24 million in a Series A round led by Andreessen Horowitz with participation from QED, Union Square Ventures, Shine, Variant and others and restaurant groups Quality Branded, […]

TC Startup Battlefield master class with Flourish Ventures: Defining early-stage product-market fit

Flourish Ventures' Emmalyn Shaw explains how early-stage startups can define, test, pivot and successfully figure out their product-market fit.

Yahoo spins out Vespa, its search tech, into an independent company

Yahoo, otherwise known as the company that pays my salary (full disclosure: Yahoo owns TC), today announced that it’s spinning off Vespa, the big data serving engine, into an independent venture. Joe Bratseth, previously a VP architect in the big data and AI group at Yahoo and one of the main contributors to Vespa, has […]

Okta acquires a16z-backed password manager Uno to develop a personal tier

Okta, the U.S.-based identity mangement giant, announced today that it has acquired a password mangement app, Uno. The company said that Uno’s team will help speed up the public launch of the Okta Personal tier, a password manager for consumers. Uno, founded by former Google engineer Parteek Sareen, launched an app earlier this year to […]

CoPilot, a training app that matches users with remote fitness coaches, raises $6.3M

CoPilot, a digital training app that matches users with one-on-one remote fitness coaches, has raised $6.3M in Series A-1 funding led by Jackson Square Ventures. The app, which has seen more than 1.5 million workouts completed on the platform, matches users with a coach that they connect with in order to receive a custom fitness […]

Opsera, a DevOps platform geared toward enterprises, raises $12M

Opsera, a DevOps platform geared toward enterprise clients, today announced that it raised $12 million in a funding round — a tranche smaller than Opsera’s previous — led by Taiwania Capital with participation from Clear Ventures, Felicis Ventures and others. Bringing the company’s total raised to $31.3 million, the new cash will be put toward […]

EU lawmakers take aim at ‘arbitrary’ decisions by Big Tech in Media Freedom Act vote

Mainstream social media platforms could face limits on their ability to take down independent journalism that violates their terms and conditions under a proposal agreed by European Union lawmakers yesterday. In a vote Tuesday, the European parliament set its negotiating position for upcoming talks with the Council on the bloc’s draft Media Freedom Act — […]

Make these 5 changes to avoid becoming the next cybersecurity headline

Recent incidents, such as the breach at MGM Resorts, serve as stark reminders of the potential consequences of inadequate security measures.

Uber couriers will now drop your package off at the post office

Uber is expanding its peer-to-peer package delivery service, Uber Connect. Now, customers who don’t want to schlep a package to the post office can request an Uber courier to do it for them with the new ‘Return a Package’ feature. Uber couriers can pick up five packages at a time to be delivered at your […]

Open Banking led to a FinTech boom — As Brite raises $60M, account-to-account payment grows

The move towards Open Banking payments, especially in the EU, effectively kicked-off the FinTech boom. Open Baking standards meant that FinTech startups could create Wallets and effectively become Banks, or at least “Neo Banks,” in practical day-today-terms. Today, digital wallets are now the leading payment method globally in e-commerce, with a 49% share, according to […]

Indian fintech unicorn Slice secures rare approval to merge with bank

Indian unicorn fintech Slice is merging with North East Small Finance Bank, they said Wednesday after receiving the approval from the central bank, in an extremely rare feat that has eluded many tech giants, top financial startups and tycoons for decades. Slice – which earlier offered credit card like cards and at peak issued over […]

Krafton India launches gaming incubator to expand local ecosystem

Krafton India has launched a gaming incubator in the South Asian nation as it seeks to expand the local ecosystem and support the domestic talent looking to enter the fast-growing gaming market. Called Krafton India Gaming Incubator (KIGI), the program aims to support six to 10 teams annually, with the total duration ranging from six […]

Electric Hydrogen is the green hydrogen industry’s first unicorn

Investors have historically been skeptical of green hydrogen. High production costs, expensive infrastructure builds, competition with batteries and minimal government support have made the green hydrogen sector a risky bet. But at least one company, Electric Hydrogen, seems to have found a way to convince investors that its tech is a bet they should take. […]

In latest Cruise incident, video shows pedestrian struck by human-driven car, then run over by robotaxi

The San Francisco Police Department is investigating an October 2 incident that left a woman stuck underneath a Cruise robotaxi after being hit by a human-driven vehicle. Video captured by Cruise and viewed by TechCrunch shows a robotaxi braking and then running over a pedestrian who is laying in the street after being struck by […]