TechCrunch Startup News

Scimplify has raised $40 million in a new equity round backed by Accel to expand its presence in the U.S. and enter new markets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hexa is trying something new. Instead of fostering startups from the ground up and incubating them for the first year or so, the Paris-based startup studio is acquiring a majority stake in Veevart, a vertical software-as-a-service company for museums that provides solutions for ticketing, fundraising, CRM and collection management. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The reactor, called Lawson Machine 26 (LM26), is General Fusion’s latest iteration in a string of devices that have tested various parts of its unique approach. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Medical imaging is a broad term that encompasses several distinct technologies. After working on AI-powered tools to enhance X-rays and mammographies, French startup Gleamer now aims to tackle magnetic resonance imaging (MRI). Instead of starting from scratch, Gleamer has acquired two startups that have already been working on AI-powered MRI analysis: Pixyl and Caerus Medica Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anna Patterson has had a storied career in Silicon Valley. She founded three startups, including search engine upstarts Xift and Cuil, as well as recall.archive.org, which became the Internet Archive. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Intangible AI, now backed by $4 million in seed funding, offers an AI-powered creative tool that allows users to create 3D world concepts with text prompts to aid creative professionals across a variety of industries. Learn more about your ad choices. Visit podcastchoices.com/adchoices

CollX, a company offering an online trading card marketplace, has raised $10 million in Series A funding. The round was co-led by Austin-based Brand Foundry Ventures and Philadelphia-based 114 Ventures, both of which were previous investors in the company. Other investors such as Next Coast Ventures, FJ Labs, and Ben Franklin Technology Partners also participated . Learn more about your ad choices. Visit podcastchoices.com/adchoices

The war in Ukraine has brought drones to the forefront of modern warfare, creating a surge in demand for counter-drone systems. However, legacy solutions to counter drones, such as ground-based defense systems and cyber warfare, often come with a hefty price tag. For German startup Alpine Eagle, these solutions fall short: Learn more about your ad choices. Visit podcastchoices.com/adchoices

As AI companies race to improve the accuracy of large language models (LLMs) and apps built on top of them, a startup that has emerged as a key partner in that effort is announcing a significant round of funding. Turing, which works with armies of engineers to contribute code to AI projects Learn more about your ad choices. Visit podcastchoices.com/adchoices

CoreWeave is preparing for a potential $4 billion IPO, with surprising insights into its financial stability and rapid revenue growth. Backed by Nvidia, this cloud service provider boasts over 250,000 GPUs across 32 data centers, positioning itself as a key player in the AI landscape. The founders have already pocketed a staggering $488 million, raising questions about their finance-centric approach and the company's dependency on a major customer. Investors keen on the AI scene will find CoreWeave an intriguing opportunity.