Y Combinator’s police surveillance darling Flock Safety raises $275M at $7.5B valuation
Flock Safety and one of its long-time VCs, Bedrock Capital, announced Thursday that the startup raised a fresh $275 million at a $7.5 billion valuation. Flock makes computer vision-enabled video surveillance technology used by law enforcement as well as businesses, property management companies, and so on. It’s best known for its automatic license plate recognition […]
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AI-driven manufacturing database Keychain raises $5M for European push
Brands are constantly trying to streamline how they source packaging materials and ingredient suppliers for their products in order to quickly meet consumer demand. However, even today this process can involve some laborious wandering around trade shows. Keychain is an AI-powered platform that aims to quickly connect the consumer packaged goods (CPG) industry with manufacturing […]
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Adobe launches subscriptions for Firefly AI
Firefly’s Standard plan costs $9.99 per month, the Pro plan will run users $29.99 a month, and there’s a more extensive Premium tier in the works.
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The Download: robot reanimation, and AI crawler wars
I’m CEO of an International Commercial Cleaning Franchise. Here’s How I’ve Turned My Failures Into Fuel for Success.
Lanch bags $27M for a social media-skewed take on fast food
E-commerce startups built around food continue to gobble up funding as investors look for sticky consumer concepts that can scale without breaking the bank. On Wednesday, Germany’s Lanch — which taps social media and influencers to develop popular food brands alongside retail networks for distributing them — closed funding of €26 million ($27 million) to […]
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Chestnut Carbon gets $160M to turn old farms into forests
The company buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits.
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EU abandons ePrivacy reform, as bloc shifts focus to competitiveness and fostering data access for AI
A long stalled bid to beef up European Union rules around online tracking technologies — and put penalties on a similar footing to the bloc’s data protection framework, GDPR, which allows for fines of up to 4% of annual turnover for breaches — has been withdrawn by the Commission after co-legislators failed to reach agreement […]
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Lucidity snags $21M to help enterprises optimize their cloud storage
Lucidity, an Indian startup allowing enterprises to automate expansion and shrinking of their cloud storage, has raised $21 million in a Series A round.
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No-code app builder Softr expands beyond Airtable databases
If you’re working for a small company and want to build a client portal or an internal tool, it can be difficult to find the budget and resources to allocate a developer to that small project. That’s why more than 600,000 people, including project managers, HR employees and marketing people, have been trying Softr’s no-code […]
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