TechCrunch Startup News

Meet Storio, a French startup that’s focused on providing smart energy storage for commercial and industrial customers. Founded in 2023, the startup raised a €5 million seed round earlier this year (around $5.5 million at current exchange rates) and has signed its first client. Storio believes solar panels have a bright future. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The data center industry is expanding rapidly to keep up with the flywheel growth of AI. While these data centers are necessary AI infrastructure, they store an AI company’s compute, they are expensive to build, seemingly more so to run, and they are a huge energy suck. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Table Space is targeting a valuation of $2.5 billion or higher for an India IPO planned planned for 2025. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Peanut, a social networking app for women, is launching a new feature to help users track their pregnancies. The new Peanut Track tool leverages seven years of data from questions asked on the social network and uses AI to anticipate questions that women have during different stages of their pregnancy.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s hard to know where to focus when speaking to Christoph Kohstall. The contents of his packed Palo Alto garage compete for attention. To his immediate right stands a tower of electrical components, dotted with flashing lights. To his left is a workbench and the tops of machining tools. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stan Pozlowski, CEO of MI Laboratories, leads a startup transforming genomic data analysis. He unveils their innovative no-code platform that allows biologists to tackle big data without needing advanced tech skills. With a recent $10 million in Series A funding, they aim to enhance platform usability and foster community engagement. The conversation dives into the booming opportunities in genomic research driven by advances in DNA sequencing and the pressing need for efficient data processing solutions.

Monzo is now valued at $5.9 billion after the U.K.-based challenger bank announced a secondary market share sale to provide liquidity for its employees. The transaction saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Following its $40 million fundraise at the beginning of this year, streaming media company Plex announced on Wednesday it’s rolling out a new TV show and movie reviews feature, putting its app in more direct competition with other apps, like Letterboxd and TV Time. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Explore the rising challenges in health and life insurance due to chronic diseases and an aging population. Discover how innovative AI solutions from a Paris-based startup aim to improve claims management. Delve into the unique requirements of health insurance automation compared to other types, and learn about the potential of tailored AI models to reshape the industry.

After keeping Century under wraps for several months, the startup gave TechCrunch a peek under the hood. Learn more about your ad choices. Visit podcastchoices.com/adchoices