Category: Startups

Monarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures.  The $133 million Series C funding round was co-led by agri-food […] © 2024 TechCrunch. All rights reserved. For personal use…

17-year-old Eric Zhu’s startup was built in a high school bathroom — now it’s raised $2.3M and is emerging from...

Eric Zhu started building Aviato, an analytical platform for private market data, in a very typical place for an entrepreneur: the bathroom in his Carmel, Indiana, high school. Now the 17-year-old’s startup is emerging from stealth with $2.3 million in venture funding. Aviato tracks funding rounds and headcount, similar to competitors like Crunchbase and PitchBook, as […] © 2024 TechCrunch. All rights reserved. For personal use…

The Scene’s new app helps New Yorkers find dining and nightlife spots

Choosing between New York City’s nearly 25,000 restaurants can be overwhelming. The pressure is especially high when you’re trying to impress a first date (or investor) or entertain family from out of town. A new app launched over the weekend to address precisely that. The Scene, an iOS-only “pocket concierge service,” uses machine learning to […] © 2024 TechCrunch. All rights reserved. For personal use…

Beeble AI raises $4.75M to launch a virtual production platform for indie filmmakers

Visual effects (VFX) have emerged as essential in filmmaking and have transformed storytelling and creativity in the film industry with its diverse digital techniques. However, the high cost of VFX tools often leaves independent filmmakers and content creators working with modest budgets struggling to compete with larger productions. A new company, Beeble AI, is turning […] © 2024 TechCrunch. All rights reserved. For personal use…

Deep tech startups with very technical CEOs raise larger rounds, research finds

SaaS founders trying to figure out what it takes to raise their next round can refer to Point Nine’s famous yearly SaaS Funding Napkin. (The term refers to “back of the napkin” plans or calculations.) Now, European hardware deep tech teams have a similar resource from First Momentum, a pre-seed fund investing in technical B2B […] © 2024 TechCrunch. All rights reserved. For personal use…

Investors chase wealthtech startups in India as affluent class grows

Investors are betting on Indian wealthtech startups as a growing middle class turns to diversify investments and startups challenge traditional financial advisors for high-net-worth clients. Premji Invest is in advanced stages of talks to lead a funding round of $30 million to $40 million in Dezerv, an app offering a suite of investment solutions to […] © 2024 TechCrunch. All rights reserved. For personal use…