Month: August 2026

Bootstrapped and profitable: Taimi and Hily set their sights on IPO readiness

Bootstrapped and profitable: Taimi and Hily set their sights on IPO readiness Jake Vygnan and his fellow Kyiv co-founders made an unusual bet when they moved into mobile dating: rather than build one app, they built two in 2017. Hily targets the mainstream dating market, while Taimi is a fully

Computomics raises €6.3M to scale climate-smart plant breeding

Computomics raises €6.3M to scale climate-smart plant breeding German agritech company Computomics has raised €6.3 million in Series B funding to scale the commercial deployment of its climate-smart breeding platform. The round was led by Convent Capital Agri Food Fund, which invested €5 million, with participation from existing investors High-Tech

Lithuania’s LITILIT lands €8M to take femtosecond lasers into mass manufacturing

Lithuania’s LITILIT lands €8M to take femtosecond lasers into mass manufacturing Vilnius-based femtosecond laser manufacturer LITILIT has received an €8 million loan from the Lithuanian National Development Bank ILTE.  The company manufactures lasers based on patented technology that enables scalable production and facilitates integration into industrial systems. By bringing femtosecond

Cursor capitalizes on GitHub frustration, launches rival hosting platform

Cursor capitalizes on GitHub frustration, launches rival hosting platform Cursor, known for its AI Code Editor, is launching a new code-hosting platform to rival developers’ long preferred favorite, GitHub. Powered by WPeMatico https://techcrunch.com/2026/08/18/cursor-capitalizes-on-github-frustration-launches-rival-hosting-platform/

DOJ’s probe into Andreessen Horowitz over board seats baffles VCs

DOJ’s probe into Andreessen Horowitz over board seats baffles VCs Since portfolio companies often pivot and expand into competing markets, investors view occasional conflicts of interest as unavoidable for large VC firms. Powered by WPeMatico https://techcrunch.com/2026/08/18/dojs-probe-into-andreessen-horowitz-over-board-seats-baffles-vcs/

TikTok explores peer-to-peer payments via DMs, report says

TikTok explores peer-to-peer payments via DMs, report says If rolled out, the feature would use the social media service’s TikTok Pay offering, which is already available in Southeast Asia for TikTok Shop purchases. Powered by WPeMatico https://techcrunch.com/2026/08/18/tiktok-explores-peer-to-peer-payments-via-dms-report-says/