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Category: Fundraising

Doji raises $14M to make virtual try-ons fun through your avatars

For years, big tech companies like Amazon and Google have been trying to make virtual try-ons engaging to encourage consumers to shop more online. Startups also tried to solve for inspiration and fit in fashion using AI. A new startup called Doji is now entering this space with an app designed to make apparel try-ons…

TensorWave raises $100M to grow its AMD-powered cloud infrastructure

TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase. Maverick Silicon, Nexus Venture Partners and…

Finom, a challenger bank aimed at SMBs, lands $105M in growth funding from General Catalyst

Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) in a growth investment from General Catalyst’s Customer Value Fund, the company tells TechCrunch exclusively. The capital infusion “will be used exclusively and only for growth” and not for operational expenses or product development, Kos Stiskin, Finom’s chairman…

Meet Posha, a countertop robot that cooks your meals for you

In 2017, Raghav Gupta set out to solve a personal problem: he wanted easy access to the home-cooked meals he grew up eating without having to spend time cooking or spend money on takeout or hiring a private chef. He turned to robotics, which led him to found the startup Posha. Posha, a former TechCrunch…

Blinq lands $25M to further its mission to make business cards passé

It’s 2025, but business cards are still in vogue — just visit any conference or industry expo and you’ll end up with a pile that’s likely to be discarded sooner than later. But as smartphones have become our repositories of information and contacts, people are understandably keen to try out digital alternatives to business cards.…

A new startup called Bono aims to modernize the way people donate to charities 

Every year, donors contribute billions of dollars to charities, yet the donation process still feels outdated and cumbersome. Founders Dan Eblagon and Ron Levy believe there is an easier way to donate, leading to the creation of Bono, a platform designed to facilitate a more modern and streamlined approach to giving.  The platform (named after…

Datadog acquires Eppo, a feature flagging and experimentation platform

Datadog is on an acquisition spree. Just a few weeks after snatching up Metaplane, an AI-powered observability startup, the cloud monitoring and security company has acquired Eppo, a feature flagging and experimentation platform. Eppo will continue supporting existing customers and bringing on new ones under the brand “Eppo by Datadog.” Terms of the deal weren’t disclosed,…

Cursor is reportedly raising funds at $9 billion valuation from Thrive, a16z, and Accel

Startups providing AI-powered coding tools are striking a positive chord with investors. Cursor, one of the most popular tools in the segment, has attracted $900 million in a fresh round of funding led by Thrive Capital, as per a report from the Financial Times. The FT noted that other top venture firms such as Andreessen…

Supio, an AI-powered legal analysis platform, lands $60M

Supio, a startup that uses AI to automate data collection and analysis for legal teams, has raised $60 million in a funding round led by Sapphire Ventures with participation from Mayfield and Thomson Reuters Ventures. The new capital, which brings Supio’s total raised to $91 million, will be put toward growth, hiring, and go-to-market efforts,…

Cast AI raises $108M to get the max out of AI, Kubernetes and other workloads

The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for organisations. Today, Cast AI — a startup building tools to ease and optimise AI and other workloads with automation — is raising a major round of funding on the back of its strong growth…

Figure AI sent cease-and-desist letters to secondary markets brokers

Last month, Brett Adcock, founder of a robotics startup Figure AI, claimed in a post on X that his company “is now # 1 most sought-after private stock in the secondary market.” But the company has sent cease-and-desist letters to at least two brokers who run secondary marketplaces, those brokers told TechCrunch.These people said Figure…

IXI raises $36.5M from Amazon and more to bring the concept of autofocus to prescription glasses

Blink and you’ll miss it: a startup out of Finland is taking a new look at the market for prescription eyewear. Tapping into innovations in eye-tracking and liquid crystal lens technology, IXI is building low-power glasses that will invisibly, automatically adjust to account for Presbyopia (far-sightedness), for the wearer. Four years into its life, Hensinki-based…

Vote for the session you want to see at TechCrunch All Stage on July 15

We’ve been blown away by the overwhelming response to speak at TechCrunch All Stage on July 15 at SoWa Power Station in Boston. After thorough consideration, we’ve selected six standout finalists. The power to choose who will take the stage and share their startup scaling expertise is now in your hands! This Audience Choice voting…

Amazon-backed Glacier gets $16M to expand its robot recycling fleet

The world has a trash problem. The amount of stuff we throw away is expected to nearly double, to 3.8 billion metric tons, by 2050. Reducing what we use would go a long way to addressing the issue, but let’s face it, we’re not very good at buying less either. That leaves recycling, which has…

Lightrun grabs $70M using AI to debug code in production

AI-based coding has exploded in popularity on the promise that it will make developers’ jobs faster and easier. But it’s also resulted in something else: a vast increase in lines of code, and thus the likelihood of bugs resulting in crashes or other mishaps. Today, an Israeli startup called Lightrun — which has built an…

Startups Weekly: Tech IPOs and deals proceed, but price matters

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week confirmed that deals can still happen in a troubled world, but price considerations and adjustments are now part of the picture. Most interesting startup stories…

Speak at TechCrunch Disrupt 2025: Applications now open

TechCrunch Disrupt returns October 27–29 to Moscone West in San Francisco — and we’re inviting thought leaders, founders, VCs, and tech experts to apply for a chance to take the stage at one of the most anticipated tech events of the year. Applications are now open to speak at Disrupt 2025, where over 10,000+ tech…

Founders, your moment is now: Apply for TechCrunch Startup Battlefield 200

Founders, the battlefield is open. And the bold are stepping forward. Startup Battlefield 200 at TechCrunch Disrupt 2025 is now accepting startups to compete in the ultimate pitch showdown in front of over 10,000 tech leaders from around the globe to witness.. This is no ordinary pitch. This is the fight for visibility, capital, and…

British startup Isembard lands $9M to reshore manufacturing for critical industries

Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to bring back businesses, which had moved or outsourced some or all of their industrial operations to cheaper countries further away. But that is easier said than done. In the key area of…

Here are the 19 US AI startups that have raised $100M or more in 2025

Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare?…

Endor Labs, which builds tools to scan AI-generated code for vulnerabilities, lands $93M

AI-generated code is no doubt changing how software is built, but it’s also introducing new security challenges. More than 50% of organizations encounter security issues with AI-produced code sometimes or frequently, according to a late 2023 survey by developer security platform Synk. For Endor Labs, that opportunity proved alluring enough that it chose to change…

Cynomi cinches $37M for its AI-based ‘virtual CISO’ for SMB cybersecurity

Small and medium businesses are the latest targets for cybersecurity attacks, with one in three small businesses experiencing a data breach last year. SMBs are becoming more proactive in detecting and stopping these threats, and today a startup called Cynomi is announcing $37 million in funding to meet that demand. Insight Partners and Entrée Capital are co-leading…

Froda secures $23M Series B for its debt financing platform for SMEs

Swedish Fintech startup Froda has secured a $22.7 million (€20 million) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a slight slowdown in investments into fintech, plus a further confirmation of the long-term trend towards the ’embedded finance’ model.  Largely operating in northern European countries from…

Noxtua raises $92M for its sovereign AI tuned for the German legal system

Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor…

20 new tech unicorns were minted in 2025 so far

Despite a still tight venture capital market, new unicorns are still being created every month. Using data from Crunchbase and PitchBook, TechCrunch tracked down the newly VC-backed startup minted unicorns so far this year (as of the end of January). These include healthcare companies like Hippocratic AI and satellite space companies like Loft Orbital.  This…

From Bogotá to the Battlefield: LatAm startups are winning big in TechCrunch Startup Battlefield

For startups around the world, the TechCrunch Startup Battlefield program offers unmatched exposure, credibility, and connections to scale their businesses. TechCrunch has long been committed to spotlighting companies solving real-world problems in scalable and sustainable ways — making it a powerful launchpad for startups both in and outside the U.S. Several Latin American startups have…

Wasp’s platform is the glue that holds web dev apps together

When Matija Šošić started working in web development, he was surprised by how hard it was to build a full-stack production-ready web application. One of the biggest hurdles Šošić faced was navigating the fragmented dev tooling landscape. Coding a web application required utilizing different tools for developing the front-end versus the back-end, and so on.…

Telli, a YC alum, raises pre-seed funding for its AI voice agents

Former Y Combinator startup telli is helping companies alleviate the bottleneck that occurs when a high-volume of customers try to, for example, book appointments. Its AI voice agents kick in and handle basic operations while handing off more-complex processes to human operators. The Berlin-based startup has now raised $3.6 million in a pre-seed funding round led…

Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation

U.K. startup Marshmallow has blown up over the years by using innovations in data science to build car insurance policies for immigrants and other consumers who have been overlooked or priced out of traditional insurance. Now, with a million drivers insured and a profitable annual revenue run rate of $500 million, Marshmallow has raised a…

Parallel Systems is building autonomous electric rail for short-distance freight

The business of moving goods in the United States is dominated by trucks, which handles about two-thirds of the 20.2 billion tons of freight that’s transported annually. Parallel Systems founder and CEO Matt Soule wants to change that by putting a modern autonomous and electric twist on the centuries-old railroad system.  The Los Angeles-based company…

Leaders from Accel and Paladin Capital Group join the stage at StrictlyVC London in May

Mark your calendar — StrictlyVC London is just around the corner on 13 May. Designed for founders, entrepreneurs, and investors, this exclusive gathering promises deep VC insight and high-value connections. We’re thrilled to welcome our first pair of confirmed speakers: Nazo Moosa, managing director of Paladin Capital Group, and Sonali De Rycker, partner of Accel…

Mira Murati’s AI startup is reportedly aiming for a massive $2B seed round

Thinking Machines Lab, the new AI startup from ex-OpenAI CTO Mira Murati, is reportedly attempting to close one of the largest seed rounds in history. Business Insider reported on Thursday that Thinking Machines Lab has doubled the target for its seed funding round to $2 billion. The round, should it close according to plan, would…

Mira Murati’s AI startup is reportedly aiming for a massive $2B seed round

Thinking Machines Lab, the new AI startup from ex-OpenAI CTO Mira Murati, is reportedly attempting to close one of the largest seed rounds in history. Business Insider reported on Thursday that Thinking Machines Lab has doubled the target for its seed funding round to $2 billion. The round, should it close according to plan, would…

Mira Murati’s AI startup is reportedly aiming for a massive $2B seed round

Thinking Machines Lab, the new AI startup from ex-OpenAI CTO Mira Murati, is reportedly attempting to close one of the largest seed rounds in history. Business Insider reported on Thursday that Thinking Machines Lab has doubled the target for its seed funding round to $2 billion. The round, should it close according to plan, would…

Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps

Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million).  The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money.  On the surface,…

Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps

Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million).  The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money.  On the surface,…

Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps

Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million).  The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money.  On the surface,…

Incident.io raises $62M at a $400M valuation to help IT teams move fast when things break

In the world of tech, some might argue that the term of the decade is AI, but in the bigger scheme of things, beyond this single sector, the most important word may well be “resilience.” How well prepared are people, organizations, and countries for unforeseen, negative economic, geopolitical, social, and environmental developments? It’s a question…

AI insurtech Ominimo bags its first investment at a $220M valuation

How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: make pay competitive, but more importantly, give those engineers the license to apply their talent…

Artisan, the ‘stop hiring humans’ AI agent startup, raises $25M – and is still hiring humans 

It’s been a tough but exciting year for 23-year-old Jaspar Carmichael-Jack, founder and CEO of AI sales agent startup Artisan. Artisan just raised a $25 million Series A led by Glade Brook Capital, Carmichael-Jack exclusively tells TechCrunch. Y Combinator, Day One Ventures, HubSpot Ventures, Oliver Jung, Fellows Fund, and others participated as well. A year…

Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech

After months of hearty marketing efforts and large-scale technology demos across the U.S., Nuro has secured $106 million in fresh funding to help scale its autonomous driving technology and advance commercial partnerships.  The Series E round brings Nuro’s total funding raised to $2.2 billion and its valuation to $6 billion. That’s a drop from the…

The complete agenda for TechCrunch Sessions: AI unveiled

It’s been a couple of years since our last topic-focused, one-day event — but with AI transforming the tech landscape, we couldn’t miss the chance to gather 1,200 founders, CEOs, entrepreneurs, investors, and anyone shaping the future of AI for a deep dive into what’s next. On June 5 in Zellerbach Hall at UC Berkeley,…

Founders, TechCrunch Startup Battlefield 200 is calling! Apply to enter!

Founders, the battlefield is calling! Startup Battlefield 200 applications are now live — and the race has begun. If you’ve got a groundbreaking idea and the guts to pitch it to the world, TechCrunch Disrupt 2025 is your arena. You’ll face elite VC judges. You’ll compete against 199 of the world’s most promising startups. And…

Blackbird gobbles up $50M for its blockchain-based payment-loyalty app for restaurants

A founder who has carved out a name for himself building products to help restaurants connect better with would-be diners has raised $50 million for his latest startup: a new take on the idea of customer loyalty.  Blackbird Labs has built a payments-meets-loyalty-meets-blockchain platform for restaurants to grow repeat business while reducing some of the…

Sizl raises $3.5M to expand its cook-to-order food delivery service

Dark kitchens– also referred to as ghost kitchens, cloud kitchens, or virtual kitchens– often receive criticism for their food quality. Sizl, a cook-to-order delivery service based in Chicago, seeks to change this perception by delivering meals made with fresh ingredients in around 30 minutes flat. The company announced its recent $3.5 million seed round on…

Turkey’s Sipay raises $78M to expand its Stripe-like services into emerging markets

Billing itself as “Stripe for emerging markets,” Turkish Fintech Sipay has raised a $78 million Series B funding round, claiming a valuation of $875 million in the process. This round is significant, as Sipay plans to expand into markets outside of Turkey, offering additional services like remittances that Stripe currently does not offer in those…

Turkey’s Sipay raises $78M to expand its Stripe-like services into emerging markets

Billing itself as “Stripe for emerging markets,” Turkish Fintech Sipay has raised a $78 million Series B funding round, claiming a valuation of $875 million in the process. This round is significant, as Sipay plans to expand into markets outside of Turkey, offering additional services like remittances that Stripe currently does not offer in those…

AI video startup Moonvalley raised a fresh $43M, SEC filing shows

Los Angeles-based startup Moonvalley, which is developing AI tools for video creation, has raised a fresh $43 million in venture capital, according to an SEC filing. The filing, which lists 11 unnamed investors, comes roughly a week after Moonvalley launched its first AI video-generating model, Marey. Moonvalley previously raised $70 million in seed funding from backers…

IBM acquires Hakkoda to continue its AI consultancy investment push

IBM on Monday said it has acquired Hakkoda, a data and AI consultancy based in New York. The acquisition would “further expand” IBM’s ability to bring consultants and AI to clients, particularly customers in industries like financial services, public sector, and healthcare and life sciences, said Mohamad Ali, SVP and head of IBM’s consulting business,…

SignalFire raises over $1B as LPs embrace data-driven investing

Thirteen years ago, when Chris Farmer founded early-stage venture firm SignalFire with data analysis at the core of its investment strategy, many were skeptical about the approach — conventional wisdom dictated that nascent companies didn’t have enough data to make investment algorithms effective. “This was a very radical idea, and everyone thought I was crazy,”…

OpenAI reportedly mulls buying Jony Ive and Sam Altman’s AI hardware startup

OpenAI is said to have discussed acquiring the AI hardware startup that former Apple design lead Jony Ive is building with OpenAI CEO Sam Altman. According to The Information, OpenAI could pay around $500 million for the fledgling company, called io Products. Ive, who left Apple in 2019 to start his own design firm called…

Startups Weekly: Stay tuned for the Rippling espionage movie

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week reminded us that different startups share a different approach to news: Some choose to remain quiet for a very long time, even about their acquisition…

TechCrunch All Stage: Learn how AI can supercharge your MVPs with Chris Gardner

TechCrunch All Stage, our big event for founders of startups at all stages of funding (see what we did there?), is coming up July 15 at Boston’s SoWa Power Station. And it’s our pleasure to announce that Underscore VC’s investing partner Chris Gardner will join a loaded lineup of speakers by leading a breakout session…

Call for speakers: Showcase your knowledge at TechCrunch All Stage

Calling founders, VCs, and startup experts — share your scaling strategies! TechCrunch All Stage 2025 is assembling top minds in startups and venture capital on July 15 in Boston. If you have valuable insights on scaling, now’s your chance to share them with 1,200+ founders, investors, and entrepreneurs. Lead thought-provoking sessions, interactive roundtables, and actionable…

Voice AI platform Phonic gets backing from Lux

The quality of AI-generated voices is good enough for things like creating audiobooks and podcasts, having articles read aloud to you, and basic customer support. But many businesses don’t think AI voice tech is quite reliable enough to deploy. That’s why two MIT grads, Moin Nadeem and Nikhil Murthy (pictured above), founded Phonic, a company…

New session at TechCrunch All Stage: Jahanvi Sardana on how top startups reshape markets

TechCrunch All Stage — the ultimate founder summit — is shaping up to be a powerhouse event where 1,200 founders and VCs across all stages will come together to forge meaningful connections and gain practical insights they can immediately apply to scale their startups. Join us on July 15 at SoWa Power Station in Boston…

Runway, best known for its video-generating AI models, raises $308M

Runway, a startup developing a range of generative AI models for media production, including video-generating models, has raised $308 million in a Series D funding round. General Atlantic led the round, which had participation from Fidelity Management & Research Company, Baillie Gifford, Nvidia, SoftBank, and others. The fresh capital will be put toward AI research…

Parasail says its fleet of on-demand GPUs is larger than Oracle’s entire cloud

Cloud infrastructure is dominated by several large industry players: AWS, Microsoft’s Azure, and Google Cloud. While to some it may look like AI is headed in a similar direction, the founders of Parasail think AI infrastructure will look very different — and are betting their company’s fate on it. Parasail works with dozens of providers to…

Qualcomm acquires generative AI division of Vietnamese startup VinAI

Qualcomm has acquired the generative AI division of VinAI, an AI research company headquartered in Hanoi, for an undisclosed amount, the companies announced on Monday. The move marks Qualcomm’s continued expansion into the AI tooling sector. VinAI, which was founded by former DeepMind research scientist Hung Bui, develops a range of generative AI technologies, including…

Construct Capital raises $300M fund for defense and manufacturing tech

Construct Capital, an early-stage venture capital firm that invests in startups applying technology to sectors like manufacturing, transportation, and defense, has closed its third fund with $300 million in capital commitments. The Washington D.C.-based firm previously raised a $225 million second fund and a $75 million capital pool for later-stage companies in 2022. While many…

OpenAI raises $40B at $300B post-money valuation

OpenAI on Monday announced that it closed one of the largest private funding rounds in history. According to a blog post on the company’s website, OpenAI raised $40 billion in a round that values the company at $300 billion post-money. SoftBank led the financing, CNBC reported. Other participants included Microsoft, Coatue, Altimeter, and Thrive, all…

Less than 24 hours to save $300+ on founder and investor passes for TechCrunch All Stage

Last chance! Less than 24 hours left to grab your $300+ discount on TechCrunch All Stage founder and investor passes. Planning to bring more than just you? Bundle tickets for even greater savings! Don’t wait — prices rise at 11:59 p.m. PT tonight. TC All Stage is the ultimate event where founders turbocharge growth, and…

Just 2 days to secure your founder or investor pass with $300+ off for TechCrunch All Stage

Time is running out! Less than 48 hours left to lock in your $300+ discount for TechCrunch All Stage founder and investor passes. More than just you? Save even more with bundle tickets. Rates increase on March 31 at 11:59 p.m. PT. TC All Stage is where founders accelerate their growth and investors discover their…

Only 3 days left to save $300+ on investor and founder tickets for TechCrunch All Stage

The final countdown is here! This is your last weekend to lock in Early Bird pricing for TechCrunch All Stage founder and investor tickets. Save up to $320 before the clock strikes 11:59 p.m. PT on March 31. Founders, charge ahead. Investors, power the mission! On July 15 at SoWa Power Station in Boston, 1,200…

Startups Weekly: Mercury more than doubled its valuation, and other news

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear…

4 days left to lock in $300+ savings for investor and founder tickets for TechCrunch All Stage

Time’s running out — 4 days left to save over $300 on Founder and Investor Passes for TechCrunch All Stage! Founders, accelerate your journey. Investors, fuel their success. Join us on July 15 at SoWa Power Station in Boston, Massachusetts, for TC All Stage, where 1,200 founders and VCs come together to scale from seed…

Ebay backs WunderGraph to build an open-source GraphQL federation

A fledgling open-source startup that’s setting out to tackle API sprawl in the GraphQL ecosystem has secured the backing of e-commerce giant eBay. WunderGraph, as the company is called, today said it has raised $7.5 million in a Series A round of funding to “scale its open source GraphQL federation.” Investors include eBay’s VC arm…

4 days left to lock in $300+ savings for investor and founder tickets for TechCrunch All Stage

Time’s running out — 4 days left to save over $300 on Founder and Investor Passes for TechCrunch All Stage! Founders, accelerate your journey. Investors, fuel their success. Join us on July 15 at SoWa Power Station in Boston, MA, for TC All Stage, where 1,200 founders and VCs come together to scale from seed…

OpenAI will reportedly close its SoftBank-led $40 billion round soon

While you’re busy Ghibli-fying your images with ChatGPT’s new image-generation capabilities, OpenAI is out raising a ton more cash. The company is close to finalizing a new $40 billion funding round led by SoftBank, according to a report from Bloomberg. The report noted that other funds, including the hedge fund Magnetar Capital, Coatue Management, Founders…

Island lands $250M in funding at a $4.8B valuation

Enterprise browser startup Island just raised a sizable funding round — one that bumps up its valuation significantly, and less than one year after its last fundraise. Dallas-based Island raised $250 million in a Series E round led by Coatue that valued the company at $4.85 billion, the startup announced today. This brings the company’s…

Has GetReal cracked the code on AI deepfakes? $18M and an impressive client list says yes

The proliferation of scarily realistic deepfakes is one of the more pernicious byproducts of the rise of AI, and falling victim to scams based on these deepfakes is already costing companies millions of dollars — not to mention the implications these could have on national security. A startup that’s built a toolset aimed at governments…