startup

The San Jose-based startup raised $60 million in a round that values it lower than the $500 million valuation it garnered in its most recent round, according to multiple sources.

Sequoia-backed Knowde raises Series C at a valuation cut

Farms produce a lot of data. From machines to irrigation systems, farms generate a lot of information that could be helpful to both them and the companies that serve them.…

Leaf helps farms decipher the troves of data they generate

Checkly helps devs get signals about an app’s performance and downtime, offering a set of subscription-based synthetic monitoring tools.

Checkly tests software by mimicking the way people use it

The software supply chain faces threats from all sides. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack, with…

Lineaje raises $20M to help organizations combat software supply chain threats

Siddhi Capital’s second fund of $135 million is double the size of the venture capital firm’s first fund and will go into CPG and food tech startups.

Siddhi Capital grabs $135M for Fund II to invest in consumer packaged goods startups

Government websites aren’t known for cutting-edge tech. GovWell co-founder and CTO Ben Cohen discovered this while trying to help his dad, a contractor, apply for building permits. Cohen worked as…

GovWell is bringing automation and efficiency to local governments

Farmers have got to do something about pests. But nobody really likes the idea of using more chemical pesticides. Thomas Laurent’s company, Micropep, thinks the answer might already be in…

Micropep taps tiny proteins to make pesticides safer

After hearing that a U.S. Navy submarine ran into an underwater mountain, Joe Wolfel was surprised to find out just how little both government and…

Terradepth wants to map the rest of the ocean floor

Level AI offers a suite of AI-powered tools to automate various customer service tasks.

Level AI applies algorithms to contact center pain points

Quality assurance in the app development world is a necessary, but often resource-draining, undertaking. According to Statista, 23% of companies’ annual IT budgets are allocated to in-house or third-party contracted…

QA Wolf secures $36M to grow its app QA-testing suite

After doing some consulting for Microsoft to develop protections against zero-day exploits, software engineer Joran Dirk Greef worked with Coil, a web monetization startup in San Francisco, to help build…

TigerBeetle is building database software optimized for financial transactions

Unlike OpenAI, Anthropic, Mistral and many of its generative AI startup rivals, Cohere doesn’t have a big consumer focus.

Cohere raises $500M to beat back generative AI rivals

This week, Google is in discussions to pay $23 billion for cloud security startup Wiz, SoftBank acquires Graphcore, and more.

M&A activity heats up with Wiz, Graphcore, etc.

When Jaclyn Rice Nelson and Noah Gale launched AI talent and services company Tribe AI in 2019, they had to convince companies that having an AI strategy mattered. After the…

Tribe AI raised venture capital to keep up with demand after six years of bootstrapping

Pindrop builds deepfake-combatting and multi-factor authentication products targeting businesses in banking, finance and related industries.

Deepfake-detecting firm Pindrop lands $100M loan to grow its offerings

Community colleges aren’t immune from the current reckoning higher education is facing. Student enrollment is declining while institutions keep raising tuition prices, which can prevent…

Campus wants to crack the code to get community college to work for everyone

Adaptive is a platform that provides tools designed to simplify payments and accounting for general construction contractors.

Adaptive builds automation tools to speed up construction payments

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. This…

Defending Russia’s EU neighbors

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Valuations of startups have quietly rebounded to all-time highs. Some investors say the slump is over. 

Generative AI businesses aside, the last couple of years have been relatively difficult for venture-backed companies. Very few startups were able to raise funding at prices that exceeded their previous valuations.   Now, approximately two years after the venture slump began in early 2022, some investors, like IVP general partner Tom…

Valuations of startups have quietly rebounded to all-time highs. Some investors say the slump is over. 

One of the vendors to benefit from the database boom is Tembo, a startup creating a platform that lets developers deploy different flavors of Postgres.

Tembo capitalizes on the database boom and lands new cash to expand

Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from…

As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently

Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon, and the startup’s co-founders and portions of its team have joined…

Amazon hires founders away from AI startup Adept

Axelera designs AI-running chips and systems for applications like security, retail, automotive and robotics.

Axelera lands new funds as the AI chip market heats up

Formation builds tech-forward solutions for clinical trials and drug development.

Formation Bio raises $372M to boost drug development with AI

In a push to bolster profits, more airlines are turning to controversial dynamic pricing tech, which prices fares and amenities variably based on a traveler’s willingness to pay for them.

Fetcherr lands $90M to get airlines on board with dynamic pricing

It’s unclear where Stability goes from here.

Stability AI lands a lifeline from Sean Parker, Greycroft

Payabli builds the infrastructure that allows companies, specifically software companies, to embed and facilitate payments through APIs.

Payabli is building payment management tools for software startups

Coder’s open-source software has around 1.2 million monthly active users, and Dropbox, Discord and Skydio are among the company’s paying customers.

Coder nabs new funds to move dev environments to the cloud

A startup called EvolutionaryScale, founded by ex-Meta researchers, has raised $142 million for its AI-powered protein-generating tech.

EvolutionaryScale, backed by Amazon and Nvidia, raises $142M for protein-generating AI

Etched, founded by Harvard dropouts, is building an AI chip that can only run one type of model: transformer-based models.

Etched is building an AI chip that only runs one type of model