Irish fintech NomuPay lands $40M at a $290M valuation from SoftBank

June 3, 2025
As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called NomuPay has raised $40 million in a Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco giant SoftBank Corp, at a valuation of $290 million. NomuPay makes it easier for merchants […]

Valla raises $2.7M to make legal recourse more accessible to employees

June 2, 2025
After a while, Danae Shell got tired of hearing the same story over and over again.  “Something bad would happen to someone at work, and the story always ended the same way,” she told TechCrunch. “They just left, because doing anything else was incredibly complex and expensive.”  One doesn’t need to look far to notice […]

Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI

June 2, 2025
If you’ve ever been locked out of your work computer, you know the urgent need to reach IT support. Unfortunately, helpdesk staff are often busy assisting others, which can mean a significant delay before you regain access. Andrei Serban realized the critical importance of IT’s manual work when he was a product lead on Rippling’s […]

Former DreamWorks CEO Jeffrey Katzenberg co-leads $15.5M Series A for AI video ad platform

June 2, 2025
DreamWorks co-founder Jeffrey Katzenberg’s venture fund WndrCo co-led a $15.5 million Series A round for Creatify, an AI video ad platform. Creatify’s AdMax platform uses AI to quickly generate dozens of video advertisements, which are geared toward social media marketing — AdMax analyzes high-performing social video campaigns on apps like TikTok and Instagram to shape […]

Microsoft Bing gets a free Sora-powered AI video generator

June 2, 2025
Microsoft Bing announced today that it is introducing the Bing Video Creator to its app, which uses OpenAI’s Sora model to let users generate videos from text prompts. OpenAI, which has a longstanding partnership with Microsoft, has locked down access to Sora‘s video generation for paying customers only. Its integration in Microsoft Bing represents the […]

Snowflake to acquire database startup Crunchy Data

June 2, 2025
The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the deal to be worth around $250 million. The terms weren’t disclosed. Snowflake declined to comment […]