Gem Security raises $23M for its cloud security platform

September 27, 2023
Cloud detection and response company Gem Security today announced that it has raised a $23 million Series A round led by GGV Capital, with participation from IBM Ventures, Cisco and Silicon Valley CISO Investments. It was only in February that Gem announced its $11 million seed round led by Team8, which also participated in this […]

La Belle Vie acquires Frichti following bankruptcy process

September 27, 2023
French grocery delivery startup La Belle Vie is acquiring Frichti, another food delivery service that was placed under court-ordered receivership. TechCrunch can confirm that the court picked La Belle Vie’s offer over three other offers, as Les Échos reported earlier. This is yet another chapter in the tumultuous story of quick commerce and food delivery […]

Elon Musk’s X removes general option to report misleading info about politics

September 27, 2023
X (formerly Twitter) appears to have removed an option that allowed users in a handful of markets to directly report misleading information about politics. An Australian digital research group called Reset.Australia spotted the change and posted an open letter (via the Guardian), addressed to X’s country manager, in which it writes: A recent change to […]

Cybersecurity firm Lumu raises $30M to detect network intrusions

September 27, 2023
Lumu, a startup that helps enterprises identify and isolate security compromises, today announced that it raised $30 million in a Series B round led by Forgepoint Capital, $6 million of which is debt. Ricardo Villadiego, Lumu’s founder and CEO, says that the new cash will be put toward growing Lumu’s sales team in the U.S., […]

Cloudflare launches new AI tools to help customers deploy and run models

September 27, 2023
Looking to cash in on the AI craze, Cloudflare, the cloud services provider, is launching a new collection of products and apps aimed at helping customers build, deploy and run AI models at the network edge. One of the new offerings, Workers AI, lets customers access physically nearby GPUs hosted by Cloudflare partners to run […]

The Download: China’s EV success in Europe, and ClimateTech is coming

September 27, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Meet Europe’s surprising best-selling Chinese EV maker China’s electric vehicle sector has been lavished with fame and attention. But its global ambitions hit a roadblock this month when the European Commission launched an…