Vault, an online banking platform serving small-to-medium sized business (SMBs) in Canada, is launching to the public today after raising $3.7 million in seed funding. Founded in late 2021 by Saud Aziz and Ahmed Shafik (who previously worked at sunday, Revolut and Koho), Toronto, Ontario-based Vault says its mission is to “revolutionize” the banking experience […]
Revolut alums raise millions for Vault, a startup offering banking services to Canadian SMBs by Mary Ann Azevedo originally published on TechCrunch
The full-stack insurance carrier is targeting Latin America’s growing middle class that may have previously been unable to obtain financial protection.
Olé Life wants to make buying life insurance for Latin Americans easier by Christine Hall originally published on TechCrunch
Enzo Biochem, a New York-based biotechnology company, has confirmed that a ransomware attack exposed the clinical test information of almost 2.5 million patients. Enzo, which manufactures and sells DNA-based tests to detect viral and bacterial diseases including COVID-19 and cancer, confirmed in an SEC filing this week that it experienced a ransomware attack on April […]
Enzo Biochem says ransomware attack exposed clinical test data of 2.5 million patients by Carly Page originally published on TechCrunch
Hyperspectral imagery startup Pixxel has closed $36 million in funding as it prepares to roll out new remote sensing and analytics capabilities to customers. The L.A. and Bangalore-based startup also scored a new strategic investor: Google, the tech giant that’s as well known for its mapping products as it is for its search engine. While […]
Pixxel’s hyperspectral orbital imagery attracts investment from Google by Aria Alamalhodaei originally published on TechCrunch
SaaS companies should be solving for simplicity and adoption in their AI feature pricing. This is a time for learning and iteration.
Factors to consider before pricing AI-enabled SaaS by Walter Thompson originally published on TechCrunch
The U.S.-China decoupling is giving rise to a divided tech landscape between the two major economies, shaping the development of the red-hot area of generative AI, which turns text into various forms of content like prose, images, and videos. China, in order to reduce dependence on the U.S. technological foundation, has been pursuing its own […]
Baidu’s $145M AI fund signals China’s push for AI self-reliance by Rita Liao originally published on TechCrunch
Here comes yet more money for AI startups. Today, the Chinese search giant Baidu announced that it plans to establish a venture fund with 1 billion yuan ($145 million) to back start-ups focused on content generated by artificial intelligence applications. Reuters, which reported the news earlier, said the company will also launch a competition for […]
As part of AI push, Chinese tech giant Baidu is now rolling out an AI venture fund by Connie Loizos originally published on TechCrunch
This year’s Computex, the first since Taiwan eased pandemic-related travel restrictions, was a celebration of the world’s computing and chip industries. But amid the exhibitions, speeches and product announcements, like Jensen Huang’s packed Nvidia keynote (just a day before the company hit a trillion dollar valuation), several topics were barely hinted at, at least publicly. The […]
The elephants in the room at Computex by Catherine Shu originally published on TechCrunch