Rainforest, a startup that embeds payment processing into other software platforms, has raised $20 million in Series A funding — less than a year after announcing the close of its seed financing. Raising back-to-back rounds was more common in 2021 but we don’t see it happening as often in this new environment. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Wisk Aero, a subsidiary of Boeing, has acquired Verocel, a software verification and validation company with 25 years of experience in the aerospace industry.  Wisk has an autonomous-first approach to eVTOL. The company’s Generation 6 aircraft, which is slated to begin airborne tests this year, is designed to be supervised by humans, but not physically Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rocketlane initially aimed to support customer onboarding. However, it has broadened its scope and doubled down on addressing the needs of professional services teams. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Yet another generative AI venture has raised a bundle of money. And, like the others before it, it’s promising the moon. Emergence, whose co-founders include Satya Nitta, the former head of global AI solutions at IBM’s research division, today emerged from stealth with $97.2 million in funding from Learn Capital plus credit lines totaling more Learn more about your ad choices. Visit podcastchoices.com/adchoices

Scale AI founder Alexandr Wang set off another debate with an anti-DEI post. It revealed a lot about the current state of DEI in tech. Learn more about your ad choices. Visit podcastchoices.com/adchoices

18-year-olds Christopher Fitzgerald and Nicholas Van Landschoot have founded APIGen, a platform to build custom APIs from natural language prompts. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Christopher O’Donnell has hobbies. He likes music and playing guitar, but above all, he loves building software. Which is why three years after leaving HubSpot, he built Day.ai, a CRM for the age AI. Unlike modern CRMs, which are essentially giant spreadsheets that somebody needs to populate and keep updated, Day learns everything Learn more about your ad choices. Visit podcastchoices.com/adchoices

Speak, the AI-powered language learning app, has raised new money from investors at double its previous valuation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. Learn more about your ad choices. Visit podcastchoices.com/adchoices