Hebbia, a startup using generative AI to search large documents and return answers, has raised a nearly $100 million Series B led by Andreessen Horowitz, according to three people with knowledge of the matter. The round valued the company between $700 – $800 million, although TechCrunch couldn’t verify whether that valuation is pre- or post-money.…
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. © 2024 TechCrunch. All rights reserved. For personal use only…
CData builds connectors that enterprises can use to stitch together data from different sources – and locations, not just in the cloud – more easily. © 2024 TechCrunch. All rights reserved. For personal use only…
Video editing app Captions, which is backed by a16z, Kleiner Perkins, and Sequoia Captial, has launched a new feature that takes an existing unedited video and adds custom graphics, zooms, music, sound effects, transitions, and motion backgrounds based on the content. There are a few restrictions for AI edit — it should be a vertical…
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. Rainforest’s traction is…
Banking-as-a-service (BaaS) platforms have become instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need to build their own tech infrastructure and the bureaucratic processes of acquiring the requisite regulatory approvals to offer financial services including card payments and lending…
Amazon said today that its annual Prime Day sales event will take place on July 16 and 17. © 2024 TechCrunch. All rights reserved. For personal use only…
The urgency of the Covid-19 pandemic may be in the past, but the need for fast and secure ways to send valuable, fragile medicines and their components around the world is still quite relevant. SkyCell has developed hardware and software to run that transport process better — and greener, it says — than before, and…
Pennylane, Qonto, Agicap, Pleo and Mollie have one thing in common. They all use Chift in one way or another to manage integrations with other services. And this relatively young Belgium-based startup just raised a €2.3 million seed round ($2.5 million at today’s exchange rate). Many fintech startups rely on integrations to make their product…
If all goes to plan, Europeans will be able to download and use a free EU Digital Identity Wallet to access a wide range of public and private services. © 2024 TechCrunch. All rights reserved. For personal use only…