Discover the Disrupt 2023 Fintech Stage

TechCrunch Disrupt, the premier event for startup investors and founders, is coming back September 19-21, 2023, with an enhanced new format.  This year, we’re rethinking TC Sessions, the standalone industry events series, and merging them into the big annual tech event — which will once again this year be held at the Moscone Center in […]

Yeah, of course, YC’s winter class is oozing with AI companies

Being an artificial intelligence company has become the soup du jour of startup land. Companies are scrambling to either incorporate AI into their existing business model or change up their marketing so whatever they were already quietly using AI to do is front and center. Y Combinator’s latest class is no different. Angel investor Gokul […]

Pitch Deck Teardown: Northspyre’s $25 million Series B deck

Back in February, Northspyre announced it had raised $25 million to bring costs under control for big building projects. (TechCrunch’s Mary Ann Azevedo mentioned the fundraise in her fintech newsletter.) It’s a huge industry with powerful potential — so how does a company like that tell the story of what it’s building? We’re lucky enough […]

Reliance-backed Dunzo nears fresh funding of $50 million

The Indian hyperlocal delivery startup Dunzo is in late-stage discussions to secure about $50 million in a new financing round, two sources familiar with the matter told TechCrunch, as the Bengaluru-headquartered startup scrambles for comfort in an otherwise funding winter for younger firms. Reliance Retail and Google, two existing backers of Dunzo, are among those […]

A look at Sweden’s startup scene as Techstars drops Stockholm program

As the global venture capital market contracts following a historic investing boom, the downturn impacts each startup market differently. While we’ve given the United States’ startup ecosystem most of our attention lately, it’s time to broaden our perspective. And narrow our focus. In the wake of Techstars’ decision to discontinue its Swedish accelerator program, TechCrunch+ […]

Oscilar emerges from stealth to fight transactions fraud with AI

Confluent co-founder Neha Narkhede today announced a new fintech company, Oscilar, that’s developing an “AI-driven” platform to help financial institutions protect online transactions from fraud and theft. Oscilar is entirely self-funded, backed by $20 million that Narkhede and the company’s other co-founder, Sachin Kulkami, themselves contributed. Narkhede says that they opted not to take outside […]

Fixie wants to make it easier for companies to build on top of language models

Yet another startup hoping to cash in on the generative AI craze has secured an eye-popping tranche of VC funding. Called Fixie, the firm, founded by former engineering heads at Apple and Google, aims to connect text-generating models similar to OpenAI’s ChatGPT to an enterprise’s data, systems and workflows. Co-founder and CEO Matt Welsh describes […]

Green Labs secures $38.4M in debt financing about a month after conducting layoff

Green Labs, a Seoul-based agritech startup, has secured $38.4 million (50 billion won) in debt financing from existing investors BRV Capital Management and Skylake Incuvest. The new funding comes just a month after the startup laid off around 70% of its workforce, or 350 people, in February as part of a restructuring,  Green Labs CEO Sanghoon Shin said […]