In 2021, it felt like every startup was able to raise at an inflated valuation no matter its size, sector or underlying business model. Today, things look a lot different. Comparing pre-money valuations, every startup fundraising stage except seed saw median valuations decline last year compared to 2022, according to data from PitchBook. Things were…
Brave announced today that it’s adding its newly built CodeLLM to its search engine to deliver results for programming queries. The new AI-powered CodeLLM provides code snippets with step-by-step explanations and citations. CodeLLM is free and now integrated into Brave Search so users don’t have to switch apps to access it. CodeLLM is available to…
2024 has arrived, and with it, a renewed interest in artificial intelligence, which seems like it’ll probably continue to enjoy at least middling hype throughout the year. Of course, it’s being cheerled by techno-zealot billionaires and the flunkies bunked within their cosy islands of influence, primarily in Silicon Valley – and derided by fabulists who…
Spot Technologies, an El Salvador-based artificial intelligence startup, raised $2 million in funding. The company, with operations in Chile, is developing cloud technology that turns cameras in retail and logistics locations into an intelligent system tracking behavior analysis and security. An investor group including Femsa Ventures, Bridge Latam, Daedalus, Kuiper and Casque participated in the…
Consolidation can be complicated Earlier this week, European micromobility companies Tier and Dott said they had agreed to merge. The companies, which offer scooters and bikes to rent, also plan to raise €60 million from some of their existing investors and plan to close the deal within two months. The companies hope they can become…
Astrobotic’s Peregrine lunar lander is still operating on orbit, with the company saying there is “growing optimism” that the spacecraft could survive in space longer than the current estimate. The Pittsburgh-based startup has been releasing a series of updates to social media platform X since the spacecraft’s launch in the early hours of Monday morning….
Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at some hits and misses in the real estate fintech space, Carta’s missteps (again), and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. PT, subscribe here. The…
