December 2023

As European Union lawmakers clock up 20+ hours of negotiating time in a marathon attempt to reach agreement on how to regulate artificial intelligence a preliminary accord on how to handle one sticky element — rules for foundational models/general purpose AIs (GPAIs) — has been agreed, according to a leaked proposal TechCrunch has reviewed. In […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Investors thought the firm’s initial target of $200 million was far too modest, and instead offered $600 million, a threefold oversubscription.

© 2023 TechCrunch. All rights reserved. For personal use only.

VC investment trends in the cybersecurity market suggest a sector in decline — at least within the context of recent months. According to Crunchbase, cybersecurity deal count fell during Q3 to 153 deals from 181 in Q2. In a more detailed report, Crunchbase suggests that, with Q3 cybersecurity venture funding down 30% compared to the […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Robinhood’s long-awaited international expansion is at full throttle. The stock-trading app tailored to the younger generations is launching its crypto app to all eligible users in the European Union, the company said Thursday. The announcement comes on the heels of its foray into the U.K. just a week ago. While it’s taking crypto trading to […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Pimento is a new French startup that is using generative AI in an interesting way as the company focuses on the first step of creative processes — ideation, brainstorming and moodboarding. And the company recently raised a $3.2 million (€3 million) funding round from an interesting list of investors. The best way to describe Pimento […]

© 2023 TechCrunch. All rights reserved. For personal use only.

African corporate cards and spend management platform Bujeti has raised $2 million in seed funding. The startup, involved with how African businesses, including SMBs, startups and enterprises, manage and handle finances, received this capital from lead investor Y Combinator and other backers, including Entrée Capital, Voltron Capital, Unpopular VC, Kima Ventures, Dropbox co-founder Arash Ferdowsi, […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Scalable Capital, a Munich startup that aims to make investing in financial markets accessible to a wider range of consumers, is putting more fuel in its tank to drive deeper into Europe. The company has raised €60 million in equity ($65 million at today’s rates). It will be using to build out its business in […]

© 2023 TechCrunch. All rights reserved. For personal use only.

You might not be familiar with the name Tomorro, but it is actually not a new startup. Tomorro is a French contract management platform that originally started as Leeway. And today, the company is announcing its new brand and an $11.9 million funding round (€11 million). The reason why Leeway is becoming Tomorro is that […]

© 2023 TechCrunch. All rights reserved. For personal use only.