Industry News

Budgeting app Copilot is booming now that Mint is dead, leading to $6M Series A

The company reached profitability in 2023, however, more customers began asking for web and Android capabilities so they could share Copilot with family and friends.

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VCs double down on fintech Coast, which aims to be the Brex for ‘real-world’ industries

The expense management arena is a crowded one, with well-funded players such as Brex, Ramp and Navan all clamoring for market share. Those companies are generally focused on tech startups and large corporations. But a four-year-old contender, Coast, is pursuing a different type of customer — businesses with so-called “real-world” field personnel and fleets to […]

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Frontline Ventures raises $200M targeting B2B startups straddling the Atlantic

The sum will be split roughly evenly between two funds, Frontline Growth and Frontline Seed. The seed fund will favor European ventures, while the growth fund is focused on American ones.

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Silence is an early-stage climate tech VC fund with $35M

Silence wants to shake things up when it comes to climate tech investment. This new angel-style VC firm has already raised $35 million and plans to make dozens of small investments in climate startups to help them apply the tech startup playbook. The Silence team is led by Borja Moreno de los Rios, who acts […]

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Star partner at Indian venture firm Nexus to leave and launch own fund

Sameer Brij Verma, a high-profile investor at the venture firm Nexus, will be leaving the fund later this year, he confirmed to TechCrunch, in a move that has sent shock waves through the Indian VC industry. Verma plans to launch his own venture firm in India, with the inaugural fund expected to have a corpus […]

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Astera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high

Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking. Reddit, the well-known social forum […]

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With backing from NATO Innovation Fund, OTB Ventures will invest $185M into European deep tech

OTB Ventures’ new $185 million fund for deep tech in Europe will mostly be deployed at the Series A stage; but up to 10% could be allocated to seed funding, and more than 50% to follow-on investments.

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Astera Labs goes public, and the Inflection-Microsoft AI saga continues

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, focused on startup and venture capital news that matters. Today we have a grip of startup stories, and a venture capital item that isn’t as bad of news […]

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Healthcare platform Anima brings Salesforce-like capabilities to clinics, raises $12M

Globally, healthcare IT systems are groaning under the weight of legacy platforms. Thankfully, there’s a new wave of startups entering the arena: U.K. startup Anima is a “care enablement” platform that operates almost like a combination of Slack, Salesforce and Figma, but for healthcare clinics and hospitals. The company recently raised a $12 million Series […]

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Cure51 raises a €15M seed round aiming to crack the code on cancer survival

Rather than grimly assembling data about cancer deaths to predict outcomes in treatment, the founders of Cure51 had another idea.

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