Month: February 2025

Krafton leads Cashfree’s $53M funding at $700M valuation

Krafton leads Cashfree’s $53M funding at $700M valuation Cashfree, an Indian payments startup that facilitates and processes more than $80 billion for its customers each year, has raised $53 million in a new round of funding as it gears up to deepen its presence in some international markets. Krafton, maker

Brightpick’s new warehouse robot can reach 20-foot-high shelves

Brightpick’s new warehouse robot can reach 20-foot-high shelves Brightpick, a maker of autonomous mobile robots, on Tuesday announced a lofty addition to its current line. The appropriately named Giraffe system is notable for its large, retractable platform capable of reaching up to 20 feet (6 meters) in height to pick

Alphabet praises DeepSeek, but it’s massively ramping up its AI spending

Alphabet praises DeepSeek, but it’s massively ramping up its AI spending Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 billion. © 2024 TechCrunch. All rights reserved. For personal use only. Powered by WPeMatico https://techcrunch.com/2025/02/04/alphabet-praises-deepseek-but-its-massively-ramping-up-its-ai-spending/

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

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

British regulators greenlight Coinbase exchange in the UK

British regulators greenlight Coinbase exchange in the UK Coinbase has received regulatory approval from the United Kingdom’s Financial Conduct Authority (FCA) to provide cryptocurrency services throughout the country. The approval permits Coinbase to operate cryptocurrency-related services, including trading and custody, for both retail and institutional investors. This development follows the

Clyde Hydrogen partners with PlusZero to pilot green hydrogen electrolyser

Clyde Hydrogen partners with PlusZero to pilot green hydrogen electrolyser Glasgow University spinout Clyde Hydrogen has partnered with Hebrides-based green hydrogen producer and distributor, PlusZero, to demonstrate its  decoupled electrolyser technology for the first time outside of the laboratory. PlusZero will deploy one of Clyde Hydrogen’s commercial demonstrator electrolysers and

Tana raises $25M for AI-embedded workflow platform

Tana raises $25M for AI-embedded workflow platform Tana, an online workspace platform embedded with advanced analytics, has raised a $14M Series A round led by Tola Capital, with participation from Lightspeed Venture Partners, Northzone, Alliance VC, and firstminute capital. This brings the company’s total funding to $25M. During its stealth

Yapily inks deal with Adyen, says losses “significantly reduced”

Yapily inks deal with Adyen, says losses “significantly reduced” UK open banking startup Yapily has inked a deal with European payments giant Adyen and says it has “significantly reduced” its financial losses in the year ending 2024. Adyen is working with Yapily to streamline its KYB (Know Your Business) account

The future of AI innovation starts with synthetic data and an industrial-grade open source SDK

The future of AI innovation starts with synthetic data and an industrial-grade open source SDK Alexandra Ebert has possibly the coolest job title ever: Chief AI and Data Democratization Officer at MOSTLY AI. With a Master’s thesis in Machine Learning and the GDPR, Ebert brings deep expertise to her role,

DeepTech startup Enduro Genetics raises €12 million to unlock the future of scalable bioproduction

DeepTech startup Enduro Genetics raises €12 million to unlock the future of scalable bioproduction Copenhagen-based Enduro Genetics, the synthetic biology startup transforming biomanufacturing by “addicting” cells to high production, has raised €12 million in Series A funding to expand the platform and accelerate commercialisation. The investment round saw participation from