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Groww, India’s Largest Trading App, Eyes Landmark IPO in 2025

Groww, India’s Largest Trading App, Eyes Landmark IPO in 2025

Groww, the leading retail stockbroker in India, is preparing for an IPO within the next 10-12 months, aiming for a valuation of $6 billion to $8 billion. This would mark the first listing of a digital trading platform in India. The company has gained significant traction, boasting 13.2 million active users as of December, far ahead of competitors. Backed by major investors, Groww is currently in discussions with investment banks for its upcoming IPO. India's tech IPO landscape is thriving, with numerous startups planning listings in 2025.

Created at: January 13, 2025 7:00am

Cera Secures $150M to Enhance AI-Driven In-Home Healthcare Services

Cera Secures $150M to Enhance AI-Driven In-Home Healthcare Services

Cera, a UK-based in-home healthcare provider, has raised $150 million in a combination of debt and equity to expand its AI-powered platform amid increasing pressure on public healthcare systems. The funding round, led by BDT & MSD Partners and Schroders Capital, aims to scale Cera's technology, which reportedly predicts patient risks with over 80% accuracy. This follows a significant $320 million raise in 2022. The company claims to have reduced hospitalizations by up to 70% and is now the largest non-NHS healthcare provider in the UK, serving 30 million people.

Created at: January 13, 2025 12:30am

Watch Duty App Hits 2 Million Downloads Amid LA Wildfires

Watch Duty App Hits 2 Million Downloads Amid LA Wildfires

The fire-tracking app Watch Duty has surged in popularity, reaching 2 million downloads during the recent wildfires in Los Angeles. Utilizing a vast network of firefighters and volunteers, the app provides real-time updates on wildfire activity, filling gaps left by official alerts. CEO John Mills highlighted that the app has attracted 14 million unique users this week alone. Operated by a nonprofit, Watch Duty prioritizes user privacy, collecting minimal personal data. Mills emphasizes a commitment to community over profit, stating, 'I owe it to my community to not be a disaster capitalist.'

Created at: January 12, 2025 10:00pm

CES 2025 Showcases Major Trends in Self-Driving and Transportation Tech

CES 2025 Showcases Major Trends in Self-Driving and Transportation Tech

At CES 2025, a noticeable absence of U.S. and some European automakers was felt as Chinese brands like Zeekr and Xpeng took center stage. The event highlighted a surge in autonomous vehicle technologies, with companies like Waymo and Zoox showcasing advancements in robotaxi services. Nvidia announced partnerships with Toyota and Uber to integrate their self-driving tech into future vehicles. Additionally, innovative screen technologies and generative AI applications were unveiled, signaling a shift in automotive experiences. Micromobility products like e-bikes and scooters also made a comeback, challenging perceptions of the sector's decline.

Created at: January 12, 2025 8:30pm

Top 5 Essential Founder Tips from TechCrunch's Found Podcast

Top 5 Essential Founder Tips from TechCrunch's Found Podcast

After hosting nearly 100 episodes of the Found podcast, Rebecca Szkutak shares vital advice for startup founders. Key insights include embracing areas of weakness, as highlighted by Rippling's CEO Parker Conrad, and recognizing that VCs may not always provide the best guidance. Founders should focus on market timing and ensure their company infrastructure supports product development. Additionally, the importance of immediate market entry and employee welfare is emphasized, with real-world examples from successful entrepreneurs. These lessons aim to equip founders with the tools for long-term success in their ventures.

Created at: January 12, 2025 5:30pm

Researchers Launch Sky-T1: A Cost-Effective Open Source Reasoning AI Model

Researchers Launch Sky-T1: A Cost-Effective Open Source Reasoning AI Model

NovaSky, based at UC Berkeley, has unveiled Sky-T1-32B-Preview, an advanced reasoning AI model that can be trained for under $450. This open-source model competes with OpenAI's o1 on key benchmarks, showcasing the potential for affordable high-level reasoning capabilities. Unlike typical AI models, Sky-T1 fact-checks its own outputs, enhancing reliability in fields like science and mathematics. While it excels in various math challenges, it still faces limitations in complex physics questions. The team aims to further enhance model efficiency and accuracy in upcoming developments.

Created at: January 11, 2025 10:00pm

Highlights from CES 2025: Tech Innovations and Corporate Controversies

Highlights from CES 2025: Tech Innovations and Corporate Controversies

CES 2025 showcased groundbreaking technology from major players like Nvidia and Samsung, featuring innovative gadgets and AI advancements. Meta announced changes to its content moderation policies, replacing its fact-checking program amid backlash. TikTok addressed employee concerns due to wildfires impacting its LA office. Nvidia unveiled Project Digits, a compact AI supercomputer for researchers. Additionally, OpenAI's CEO revealed financial struggles with the ChatGPT Pro plan. Other notable mentions include a robotic cat designed to cool beverages and an electric spoon aimed at enhancing food flavor.

Created at: January 11, 2025 6:30pm

Arc Sport Electric Boat Impresses at CES 2025

Arc Sport Electric Boat Impresses at CES 2025

At CES 2025, the Arc Sport electric boat showcased its impressive performance on Lake Mead, offering a stable and thrilling ride reminiscent of a heavy jet ski. Developed by a startup founded by former SpaceX engineers, the Arc Sport aims to revolutionize recreational boating with its quiet operation and advanced software features. The boat's rapid development reflects the company's commitment to innovation, having successfully transitioned from the limited-run Arc One to the more popular Sport model. Despite the challenges posed by climate change and water scarcity, Arc's CEO envisions a future where all watercraft go electric.

Created at: January 11, 2025 6:00pm

Matt Mullenweg Deactivates WordPress Accounts Amid Fork Controversy

Matt Mullenweg Deactivates WordPress Accounts Amid Fork Controversy

Automattic CEO Matt Mullenweg has deactivated the accounts of several WordPress.org contributors who were advocating for a new fork of the open-source project. This decision follows escalating tensions after Mullenweg criticized WP Engine for its lack of contributions to the community. Key figures like Joost de Valk and Karim Marucchi have expressed intentions to lead a new initiative, while Mullenweg sarcastically suggested they could create 'JKPress.' The deactivated users, including Sé Reed and Heather Burns, have raised concerns about governance issues within WordPress. Mullenweg's actions have sparked significant debate in the community.

Created at: January 11, 2025 5:30pm

Nvidia's Dominance in AI Investments: A Closer Look at Startup Funding

Nvidia's Dominance in AI Investments: A Closer Look at Startup Funding

Nvidia has emerged as a leader in AI investments, participating in 49 funding rounds in 2024 alone, up from 34 in the previous year. This surge reflects its strategy to foster the AI ecosystem by backing startups deemed as 'game changers.' Notable investments include $100 million in OpenAI and significant rounds for xAI and Inflection. Compared to competitors like Alphabet and Microsoft, Nvidia has been the most active investor in AI startups over the past two years. Its venture capital arm NVentures has also ramped up, engaging in 24 deals in 2024.

Created at: January 11, 2025 4:00pm

Snappy Acquires Covver to Enhance Corporate Gifting Experience

Snappy Acquires Covver to Enhance Corporate Gifting Experience

Snappy, a New York-based corporate gifting platform, has acquired Covver, a swag-gifting startup, to strengthen its offerings in the corporate gifting market. The acquisition, involving a mix of cash and shares, aims to integrate Covver's AI-driven personalization solutions into Snappy's platform. Covver, which has raised $7 million and specializes in customizable merchandise, will enhance Snappy's capabilities, allowing for a more delightful gifting experience. Snappy serves over 47% of Fortune 100 companies, indicating its significant presence in the industry. The corporate gifting sector is valued at $260 billion in the U.S.

Created at: January 11, 2025 7:30am

Bench Customers Forced to Consent for Data Access After Acquisition

Bench Customers Forced to Consent for Data Access After Acquisition

Following the abrupt shutdown of the accounting startup Bench, customers are voicing frustration as they are compelled to consent to new terms to access their financial data. The company was sold to Employer.com shortly after its closure, leaving many businesses without their accounting documents. Customers report being unable to export their data unless they agree to the updated terms, sparking concerns about the adequacy of Employer.com's privacy policies. Some users are exploring alternative providers due to dissatisfaction with the data transfer process and the handling of refunds for pre-paid services.

Created at: January 10, 2025 10:00pm

AI Startups Need Proprietary Data to Differentiate and Thrive

AI Startups Need Proprietary Data to Differentiate and Thrive

AI companies globally raised over $100 billion in venture capital in 2024, marking an 80% increase from 2023. The AI sector has become crowded with overlapping startups, making it challenging for investors to identify potential leaders. According to a survey of 20 VCs, proprietary data is crucial for AI startups to stand out. Many investors emphasize the importance of unique data, effective user experiences, and strong talent. Companies like Fermata leverage both customer and in-house data for better model accuracy, highlighting the significance of data in achieving long-term success.

Created at: January 10, 2025 9:00pm

OpenAI’s Bot Launches Massive Scraping Attack on Small E-commerce Site

OpenAI’s Bot Launches Massive Scraping Attack on Small E-commerce Site

Triplegangers, a seven-person company specializing in 3D digital models, faced a significant outage as OpenAI's bot flooded its website with server requests akin to a DDoS attack. The CEO, Oleksandr Tomchuk, revealed that the bot attempted to scrape over 65,000 product pages, using hundreds of IP addresses. Despite having terms of service against unauthorized scraping, the company lacked a properly configured robot.txt file initially. Following the chaos, Triplegangers implemented safeguards to block the bot, but concerns over data rights and potential AWS costs remain. The incident highlights vulnerabilities for small online businesses against aggressive AI crawlers.

Created at: January 10, 2025 9:00pm

Lenovo Unveils Innovative Rollable Laptop at CES 2025

Lenovo Unveils Innovative Rollable Laptop at CES 2025

At CES 2025, Lenovo showcased its groundbreaking ThinkBook Plus Gen 6, a rollable laptop that transforms from a compact device to a 16.7-inch screen in about ten seconds. Priced at $3,500, this innovative product highlights Lenovo's commitment to creative hardware design. In addition, Lenovo presented a concept desktop that uses motion tracking for user interaction while emphasizing sustainability through its bamboo and corn-based materials. These offerings signify a shift from traditional incremental updates in consumer hardware, showcasing Lenovo's ability to push boundaries in the PC market.

Created at: January 10, 2025 8:30pm

Zoox Robotaxi Impresses at CES 2025: A Step Closer to Public Rides

Zoox Robotaxi Impresses at CES 2025: A Step Closer to Public Rides

At CES 2025, the Zoox robotaxi showcased impressive autonomous driving capabilities during two test rides in Las Vegas. Despite minor adjustments needed for comfort, the vehicle handled complex scenarios adeptly, such as navigating construction zones and responding to car accidents. Zoox's co-founder highlighted advancements made since previous models, including hardware upgrades and enhanced user interfaces. Currently, rides are limited to select media and employees, but public access is expected in 2025. Overall, the rides suggested Zoox is preparing for commercial operations in urban settings.

Created at: January 10, 2025 8:00pm

Hugging Face Settles Patent Dispute with FriendliAI

Hugging Face Settles Patent Dispute with FriendliAI

Hugging Face has reached a settlement with the Korean AI startup FriendliAI over a patent infringement lawsuit. The agreement was filed in the U.S. District Court for the Northern District of Delaware, where FriendliAI will dismiss its suit with prejudice. The lawsuit, initiated nearly two years ago, accused Hugging Face of infringing on a patent related to data batching in AI systems. Hugging Face, a prominent AI developer platform, has raised $235 million from major tech backers. The details of the settlement remain confidential.

Created at: January 10, 2025 7:30pm

Shein Targets London for IPO Amid Controversy

Shein Targets London for IPO Amid Controversy

Shein is reportedly preparing for an initial public offering (IPO) on the London Stock Exchange, potentially as early as April. This move follows the company's unsuccessful attempts to list in the U.S. due to regulatory scrutiny over its ties to China and labor practices. Concerns have also been raised by a UK lawmaker regarding Shein's supply chain and allegations of forced labor. Additionally, the fast-fashion giant faces ongoing criticism for its sustainability practices, contributing to environmental harm.

Created at: January 10, 2025 7:00pm

Overhaul Secures $55M to Combat Supply Chain Theft for Major Firms

Overhaul Secures $55M to Combat Supply Chain Theft for Major Firms

Overhaul has raised $55 million in a funding round led by Springcoast Partners. The Austin-based startup, founded by Barry Conlon and David Broe, provides supply chain security solutions to major clients like Microsoft and Dyson. This funding brings Overhaul's total raised to approximately $150 million. The platform utilizes AI to enhance visibility and combat cargo theft, which has surged by 14% in recent years. With plans for product development and team expansion, Overhaul aims to strengthen its position in a competitive market valued at $12.5 billion by 2032.

Created at: January 10, 2025 6:30pm

Startups Weekly: Near-Pentacorn Emerges Amid CES 2025 Buzz

Startups Weekly: Near-Pentacorn Emerges Amid CES 2025 Buzz

The second week of January 2025 saw significant developments in the startup ecosystem. Livestream shopping app Whatnot raised $265 million, nearing a $5 billion valuation. Notable CES 2025 launches included May Mobility's electric autonomous minibus and Soliddd's smart glasses for macular degeneration. Additionally, Dutch semiconductor giant NXP plans to acquire TTTech Auto for $625 million. Healthcare analytics platform H1 acquired Ribbon, further expanding its reach. Amidst these, Flock Safety faces lawsuits, adding to its legal challenges.

Created at: January 10, 2025 6:30pm

Atari's New Handheld Gaming Device Targets Nostalgic Players

Atari's New Handheld Gaming Device Targets Nostalgic Players

At CES 2025, Atari unveiled its latest handheld gaming console, the Gamestation Go, developed in collaboration with My Arcade. This device features a 7-inch display and comes preloaded with over 200 classic Atari titles. Unlike typical game emulators, the Gamestation Go focuses on delivering an authentic vintage experience, complete with a unique keypad and various control options. The console also includes a light system for game-specific controls and HDMI output for TV connectivity. Set to launch in Q3 2025, it will retail for $149.

Created at: January 10, 2025 6:00pm

Gumloop Raises $17M Series A to Automate Workflows with AI

Gumloop Raises $17M Series A to Automate Workflows with AI

Gumloop, a startup founded by ex-Microsoft and Amazon engineers, has secured $17 million in a Series A funding round led by Nexus Venture Partners. The company, which originated in a Vancouver bedroom as a side project, aims to simplify task automation for non-technical users with its drag-and-drop workflow builder. With integrations for tools like GitHub and Gmail, Gumloop is already utilized by teams at Instacart and Rippling. The startup plans to maintain a small team of up to 10 while expanding its operations to San Francisco, focusing on delivering a product that resonates with users.

Created at: January 10, 2025 1:30pm

Automattic Cuts WordPress Core Contributions Amidst WP Engine Dispute

Automattic Cuts WordPress Core Contributions Amidst WP Engine Dispute

Automattic, the company behind WordPress.com, announced it will reduce its contributions to the WordPress core project to align with rival WP Engine's efforts. This decision comes after CEO Matt Mullenweg's ongoing conflict with WP Engine, which he previously criticized for under-contributing to the community. Automattic's commitment will now match approximately 45 hours per week under the Five For the Future program, focusing on security and critical updates. The company aims to redirect resources towards its legal battle with WP Engine, while Mullenweg seeks more equitable participation from all contributors.

Created at: January 10, 2025 10:00am

Beams Secures $9M Series A to Transform UK Home Renovation

Beams Secures $9M Series A to Transform UK Home Renovation

UK startup Beams has successfully raised $9 million in Series A funding, bringing its total funding to $13.3 million. The funding round, led by ETF Partners, aims to enhance Beams' innovative pricing engine and managed marketplace for home renovations. This technology predicts project costs, compares them to over 6,000 past projects, and utilizes 3D scans for detailed home modeling. With a market potential of £380 billion in Europe, Beams seeks to modernize the renovation process and expand its services across the UK and Europe, addressing inefficiencies in the sector.

Created at: January 10, 2025 7:30am

Innovative Security System Uses Paintballs to Deter Intruders

Innovative Security System Uses Paintballs to Deter Intruders

At CES 2025, Slovenian startup OZ-IT showcased the Eve PaintCam, a unique security system designed to shoot paintballs at intruders. The system features models like Eve, Eve+, EvePro, and the camouflaged Simba, tailored for human and animal targets. With advanced AI capabilities for pet detection and facial recognition, the system aims to disrupt traditional security methods. It offers various paintball projectiles, including those infused with capsaicin for added deterrence. This novel approach to home security is drawing attention for its unconventional methods.

Created at: January 10, 2025 2:30am

Nvidia Unveils R2X AI Avatar at CES 2025: A New Desktop Companion

At CES 2025, Nvidia introduced R2X, a prototype AI avatar designed to assist users directly on their desktops. This avatar can navigate apps, interact via text and voice, and process uploaded files. Although R2X demonstrates potential, it faced issues in demos, including incorrect instructions and bugs in its animations. Nvidia plans to open-source these avatars in 2025, aiming to integrate them with popular AI models like GPT-4o and Grok. With features like live screen processing, R2X represents an innovative step in user interface design, despite its current limitations.

Created at: January 10, 2025 1:00am

Hippocratic AI Secures $141M to Enhance Patient-Facing AI Solutions

Hippocratic AI Secures $141M to Enhance Patient-Facing AI Solutions

Hippocratic AI has successfully raised $141 million in a Series B funding round, reaching a valuation of $1.64 billion. The investment, led by Kleiner Perkins, follows a previous $53 million round and a $17 million investment from Nvidia. The startup, less than two years old, focuses on developing AI agents to assist with non-diagnostic patient tasks, addressing the shortage of healthcare professionals. Hippocratic AI has already partnered with 23 health systems and insurers in 2024 and plans to use the new funds to expand its market reach internationally.

Created at: January 10, 2025 1:00am

ICON Announces 25% Workforce Reduction Amid Strategic Shift

ICON Announces 25% Workforce Reduction Amid Strategic Shift

ICON Technologies, a leader in 3D-printed homes, is laying off 114 employees, approximately 25% of its workforce, to realign its priorities and focus on growth opportunities. The layoffs will take effect on March 8, following a WARN letter filed in Texas. Despite this reduction, ICON aims to accelerate the development of its multi-story 3D printers and enhance robotic technology for builders. Founded in 2017, the company has raised over $450 million and delivered numerous affordable housing solutions across the U.S. and Mexico, primarily for the homeless.

Created at: January 10, 2025 12:30am

Defense Tech Startup Epirus Seeks Over $150M in New Funding

Defense Tech Startup Epirus Seeks Over $150M in New Funding

Epirus, a defense technology startup known for its drone interception solutions, is in discussions to raise between $150 million and $200 million, led by 8VC. If successful, the funding could bring its valuation down to around $1 billion from a previous valuation of $1.35 billion. Founded in 2018, Epirus has raised nearly $300 million from notable investors like DCVC and Bedrock. The startup is among the few American defense tech unicorns, alongside Anduril and Shield AI, as 2025 defense funding remains uncertain following last year's highs.

Created at: January 10, 2025 12:00am

TikTok Employees in LA Advised to Use Personal Days Amid Wildfire Crisis

TikTok Employees in LA Advised to Use Personal Days Amid Wildfire Crisis

As wildfires ravage Los Angeles, TikTok has instructed its LA staff to either work from home or utilize their personal/sick days if unable to do so due to power outages or evacuation orders. The office, closed until January 12, is not under mandatory evacuation, but employees face severe disruptions. Many homes are without power or Wi-Fi, affecting their ability to work. TikTok's PSSL policy does not explicitly cover natural disasters, raising concerns about employee welfare during this crisis. Staff are urged to prioritize safety while managing their time off amidst these challenging conditions.

Created at: January 9, 2025 11:00pm

CES 2025: Autonomous Vehicles Take Center Stage Amid Industry Hurdles

CES 2025: Autonomous Vehicles Take Center Stage Amid Industry Hurdles

At CES 2025, the spotlight is on autonomous vehicles, signaling a resurgence in interest as companies like Waymo and Scout Motors showcase their latest innovations. Despite the absence of major U.S. automakers, excitement flourished with numerous startups displaying advancements in automated driving technology. However, challenges remain in funding and operations, exemplified by Waymo’s recent incident involving a stuck robotaxi. Notable acquisitions, such as NXP's purchase of TTTech Auto for $625 million, further emphasize the drive towards automotive innovation. The atmosphere is optimistic yet cautious as the industry navigates its complex landscape.

Created at: January 9, 2025 9:30pm

Scale AI Faces Second Wage Lawsuit in a Month Amid Worker Misclassification Claims

Scale AI Faces Second Wage Lawsuit in a Month Amid Worker Misclassification Claims

Scale AI is grappling with its second lawsuit regarding employee wage violations in less than a month. The latest suit, filed by Amber Rogowicz, alleges misclassification of workers as contractors, violating California's minimum wage laws. Rogowicz claims she worked 10 hours daily but was only paid for five, with unpaid time spent on instructions. This follows a previous lawsuit alleging widespread wage theft. Scale AI maintains compliance with labor laws and asserts that Rogowicz was terminated for policy violations. The case highlights ongoing issues within the gig economy regarding worker rights.

Created at: January 9, 2025 8:00pm

Larry Page Surprises at Y Combinator Event

Larry Page Surprises at Y Combinator Event

Larry Page, the co-founder of Google, made a rare public appearance at a Y Combinator event in December, surprising attendees and highlighting YC's influence in the AI startup scene. During his talk, he reminisced about the early days of Google and shared insights from his career. Once a prominent figure in tech, Page has since stepped back from the spotlight, following health issues and his departure as CEO in 2019. Currently, he is focused on his flying EV startup, Pivotal, which launched its Helix vehicle last year. This engagement underscores Y Combinator's significance in the tech landscape.

Created at: January 9, 2025 7:00pm

DoorBox Unveils Smart Delivery Box at CES 2025: Theft-Proof and AI-Powered

DoorBox Unveils Smart Delivery Box at CES 2025: Theft-Proof and AI-Powered

DoorBox introduced its advanced Smart DoorBox.ai at CES 2025, designed to combat the rising theft of packages. This innovative delivery box features a theft-proof design, live camera feeds, and an AI-powered unlocking mechanism that facilitates secure deliveries even when recipients are away. The startup, founded by Kumar Sundaresan, aims to enhance package security after his own experience with theft. The product includes robust features like a 125-decibel alarm and a steel cable for added protection, with a price tag starting at $300 plus a monthly subscription fee for app access.

Created at: January 9, 2025 6:30pm

Scout Motors CEO Highlights Dystopian Disconnect in Modern Cars at CES 2025

Scout Motors CEO Highlights Dystopian Disconnect in Modern Cars at CES 2025

At CES 2025, Scout Motors CEO Scott Keogh criticized modern vehicles for their dystopian feel, emphasizing a need for more tangible connections. Scout Motors, a Volkswagen-backed startup, is showcasing its Traveler SUV and Terra pickup with a focus on classic features like physical buttons and gas-powered range extenders. Keogh highlighted the importance of restoring the legacy of the iconic Scout brand while prioritizing customer needs. The company aims to balance innovation with simplicity, maintaining a direct-to-consumer model and investing in customer service infrastructure. Scout plans to keep vehicles updated remotely and ensure parts availability for customer satisfaction.

Created at: January 9, 2025 6:00pm

Captions App Switches to Freemium Model Amidst TikTok Uncertainty

Captions App Switches to Freemium Model Amidst TikTok Uncertainty

Video editing app Captions is transitioning to a freemium model to enhance its competitiveness against rivals like CapCut and InShot. Previously a paid-only app, it will now offer a free tier featuring basic editing tools, while advanced AI capabilities remain in the paid version. The CEO, Gaurav Misra, highlighted the opportunity to attract users concerned about the future of TikTok's editing tools. With over 1.3 billion downloads for CapCut, Captions aims to fill the potential gap in the market. The company plans to expand its AI features as operational costs decline.

Created at: January 9, 2025 4:30pm

Doublepoint Debuts WowMouse: Control Devices with Hand Gestures Using Apple Watch

Doublepoint Debuts WowMouse: Control Devices with Hand Gestures Using Apple Watch

Finnish startup Doublepoint has launched its free WowMouse app for Apple Watch at CES 2025, enabling users to control devices through hand gestures. The app utilizes the watch's sensors and accelerometer, claiming greater accuracy than Apple’s existing double tap feature. Users can easily control smart home devices like lights by pointing at them. The app has already gained traction, with over 100,000 downloads on Google Play and initial success on Apple's App Store. Doublepoint aims to license its technology for broader use in smart devices, enhancing user interaction beyond existing ecosystems.

Created at: January 9, 2025 4:30pm

PrettyDamnQuick Secures $25M Funding to Enhance E-Commerce Checkout Experience

PrettyDamnQuick Secures $25M Funding to Enhance E-Commerce Checkout Experience

PrettyDamnQuick (PDQ), a startup aiming to offer an alternative to Amazon, has raised $25 million in Series A funding to expand its e-commerce solutions. Founded in 2020, PDQ has attracted 200 customers and processes 30 million orders monthly. The funding will help enhance its platform, which improves checkout experiences for independent retailers. CEO Avi Moskowitz developed the idea from his own challenges in online sales during the pandemic. PDQ currently integrates with Shopify and plans to broaden its reach with the new capital.

Created at: January 9, 2025 3:30pm

Innovaccer Secures $275M Series F to Revolutionize Healthcare AI

Innovaccer Secures $275M Series F to Revolutionize Healthcare AI

Innovaccer has raised $275 million in a Series F funding round, aiming to become a leader in healthcare AI solutions. The San Francisco-based company, which serves six of the top ten U.S. healthcare systems, plans to enhance its platform with AI applications like medical scribes and claim assistance tools. This funding round, which includes investments from major firms like Kaiser Permanente, boosts Innovaccer’s valuation to approximately $3.45 billion. With a focus on integrating AI, the company aims for significant revenue growth and a potential IPO in the future.

Created at: January 9, 2025 3:00pm

French Startup Rounded Launches AI Voice Agent Platform

French Startup Rounded Launches AI Voice Agent Platform

French startup Rounded has introduced an AI orchestration platform enabling companies to create custom AI voice agents. Initially focused on web3, the company pivoted to AI voice technology in 2023, developing Donna, an AI agent for anesthetists that has managed hundreds of thousands of calls across 15 hospitals. The platform allows companies to select AI models for speech-to-text and text-to-speech, improving call latency to under 700 milliseconds. Rounded has raised €600,000 from UC Berkeley’s accelerator and aims to further enhance its product's reliability and integration.

Created at: January 9, 2025 1:30pm