Others

Bain Capital has closed its second Tech Opportunities fund with $2.4 billion

February 14, 2023

It’s always nice to have a lot of capital to invest, but managing a large new fund can be even more advantageous right now given that many later-stage companies that put off fundraising last year will likely be in the market come hell or high water in 2023. No doubt traditional venture firms like NEA, […]

Bain Capital has closed its second Tech Opportunities fund with $2.4 billion by Connie Loizos originally published on TechCrunch

Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA

February 14, 2023

Aspire, the Singapore-based neobank that wants to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. Investors included Lightspeed and Sequoia Capital SEA, along with Paypal, Tencent, LGT Capital Partners and returning investors.  TechCrunch last covered Aspire when it raised its Series B in 2021. Founded in 2018 […]

Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA by Catherine Shu originally published on TechCrunch

India’s InsuranceDekho raises $150 million despite market slump

February 14, 2023

Indian insurance platform InsuranceDekho has raised $150 million in a Series A funding round as the more than a decade old firm eyes merger and acquisition opportunities at a time when the market slump has engulfed most startups in the South Asian market. Goldman Sachs Asset Management and TVS Capital Fund led the Series A […]

India’s InsuranceDekho raises $150 million despite market slump by Manish Singh originally published on TechCrunch

Subaru recalls Solterra for its nagging wheels-fall-off problem

February 14, 2023

Subaru has issued another recall for its battery electric Solterra crossover over concerns that hub bolts on the wheels may loosen and cause it to detach. Subaru said the issue affects 1,182 model year 2023 Subaru Solterra vehicles. The 2023 Subaru Solterra EV and 2023 Toyota bZ4x — the products of a partnership between Toyota […]

Subaru recalls Solterra for its nagging wheels-fall-off problem by Kirsten Korosec originally published on TechCrunch

Writer deploys home-cooked large language models to power up enterprise copy

February 13, 2023

There’s a lot of noise right now about how generative AIs like ChatGPT and Bard are going to revolutionize various aspects of the web, but companies targeting narrower verticals are already experiencing success. Writer is such a one, and it just announced a new trio of large language models to power its enterprise copy assistant. […]

Writer deploys home-cooked large language models to power up enterprise copy by Devin Coldewey originally published on TechCrunch