TechCrunch Startup News

Jae Lee, co-founder of Twelve Labs, is leading innovative AI advancements in video analysis. He discusses how their models aim to understand videos like text, unlocking exciting new applications. The conversation also highlights a recent $30 million funding boost to enhance market reach and ethical implications tied to national security. Lee emphasizes the technology's potential for improving content accessibility and collaboration across industries, making video search smarter than ever.

Discover how Upvest just raised $105 million to fuel its growth in the competitive fintech landscape. Learn about their white-label investment platform that powers major players like N26 and Revolut. The discussion highlights their plans to customize services for various European markets, gearing up for a wave of expansion. Dive into the strategic moves that could reshape the investment platform sector!

Discover how a groundbreaking AI platform is set to transform the chemicals sector. The discussion highlights the integration of molecular data to streamline chemical research and enhance product development. With a focus on real-time toxicology predictions, the platform aims to minimize trial and error in R&D. Learn about the significant funding behind this tech and its implications for future scientific advancements.

Small and medium businesses are becoming a focal point in fintech, with a Swedish startup making waves. Mynt has secured $23 million to enhance its AI-based corporate card and expense management platform for SMEs. The discussion dives into the startup's rapid growth and the challenges it faces against established competitors. It also sheds light on the competitive landscape of corporate card services, emphasizing the opportunities in a market that remains underutilized, particularly in the U.S. and Europe.

LambdaTest, a cloud-based software testing platform, has raised $38 million in a funding round as it looks to expand its presence in existing markets and advance its AI capabilities. The San Francisco and Noida-headquartered startup’s Series D round has been led by Avataar Ventures with participation from Qualcomm Ventures, bringing its total funding to $108 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Discover a groundbreaking startup revolutionizing data center cooling with hot-water technology. Their innovative liquid cooling system tackles the inefficiencies of traditional air methods, offering a sustainable approach to heat management. Learn how microjets target hot chip areas for enhanced efficiency and how this technology enables waste heat reuse across different industries. This exciting method not only improves energy consumption but also aims to collaborate with HVAC companies for a greener future.

Riverside has successfully secured $30 million in Series C funding, aiming to boost its podcast and video recording platform. The investment, led by Zeev Ventures, will support team expansion and the development of innovative solutions for content creators. Since its launch in 2020, Riverside has evolved significantly, focusing on enhancing user experience and solidifying its position in the competitive content creation landscape.

Matthew Berman, Co-founder and CEO of Connyct, shares insights about his new social media app tailored for college students. He discusses how Connyct aims to fill the void potentially left by TikTok with features like personalized content feeds and direct messaging. Berman highlights the app’s focus on user safety and engagement, along with a unique ambassador program that allows students to monetize their content. Discover how this innovative platform is designed to resonate with the campus crowd.

Ladder, an Austin, Texas-based fitness startup that makes a popular strength-training app, is accusing Peloton of ripping off its work with the launch of Peloton’s new Stength+ app, which exited beta on Wednesday. After receiving feedback from Peloton’s beta testers that the app looked, felt, and functioned much like Ladder’s own. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Turning sunflower seeds into sustainable, cocoa-free chocolate has netted Munich-based B2B foodtech startup Planet A Foods (formerly QOA) a $30 million Series B funding round. Now, the Y Combinator alum is gearing up for industrialization, with the funds set to be deployed to scale its production capacity by around 7.5x Learn more about your ad choices. Visit podcastchoices.com/adchoices