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Ex-HubSpot exec builds an AI-powered CRM that learns for you, with $4M seed led by Sequoia

June 20, 2024

Christopher O’Donnell has hobbies. He likes music and playing guitar, but above all, he loves building software. Which is why three years after leaving HubSpot, he built Day.ai, a CRM for the age AI. Unlike modern CRMs, which are essentially giant spreadsheets that somebody needs to populate and keep updated, Day learns everything about a […]

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Semperis, a specialist in Active Directory security now worth more than $1B, raises $125M

June 20, 2024

Active Directory – the Microsoft directory service for connecting users with network resources – is used by more than 90% of all Fortune 1000 companies and many more besides. So it’s no surprise that it’s a giant target for malicious hackers.  That also means a lot of attention for security companies that are building tools […]

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Daydream rakes in $50M seed funding to build an AI-powered search engine suited for e-commerce

June 20, 2024

For retailers, e-commerce is a bit of a puzzle at the moment. Online shopping trends are expected to stay strong this year, so companies can’t afford to curtail their e-commerce budgets, but at the same time, e-commerce is more fragmented than ever before. There is a seemingly endless number of avenues to exploit — from […]

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Cadana, an emerging markets payroll services provider for global hiring platforms, banks $7.1M seed

June 20, 2024

The global freelancer market, a $1.3 trillion industry fueled by over 200 million knowledge workers, drives demand for solutions that automate payroll and streamline employment and tax regulations worldwide. However, most existing products fail to address the legal landscape of emerging markets, such as differences in employment laws.  This oversight means global hiring platforms, which […]

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Amazon extends generative AI-powered product listings to Europe

June 20, 2024

Amazon is bringing its generative AI listing smarts to more sellers, revealing today that those in France, Germany, Italy, Spain, and the U.K. can now access tools designed to improve product listings by generating product descriptions, titles, and associated details. Additionally, sellers can also “enrich” existing product listings by automatically adding missing information. The announcement […]

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Kenya closes its probe of Worldcoin, opening the door to a relaunch of its orbs after a year-long suspension

June 20, 2024

Worldcoin — the crypto startup co-founded by OpenAI’s Sam Altman — has been given the green light to resume iris-scanning and other operations in Kenya after a year-long government probe over privacy concerns was dropped. Kenya was one of the Worldcoin’s launch countries for its iris-scanning scheme — which the startup was building out as […]

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Paris-based VC Breega hits first close of $75M Africa fund to back pre-seed and seed startups

June 20, 2024

Paris-based VC firm Breega is launching a $75 million fund to invest in early-stage startups in Africa, with 70% of the capital already committed at the first close, the firm revealed to TechCrunch. Since entering the VC scene in 2015, Breega has fully raised four funds: a first seed fund (€45 million), a second seed […]

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Hero wants to save the day for companies facing a working capital crunch

June 20, 2024

Hero, a new fintech startup based in Paris, is announcing an €11.3 million all-equity funding round led by Valar Ventures ($12.2 million at today’s exchange rate). For the past couple of years, the company has been quietly building an ambitious banking product for small companies that can essentially replace everything you’d expect from a traditional […]

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‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees

June 20, 2024

Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company. This way, anyone in the company can solicit help with legal […]

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