Categories Artificial Intelligence

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Tractable raises $60M at a $1B valuation to make damage appraisals using AI

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Tractable, which works with automotive insurance companies to let users take and submit photos of damaged […]

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SoftBank Vision Fund 2 leads $140M funding in Vishal Sikka’s Vianai

Vianai Systems, an AI startup founded by Vishal Sikka, former chief executive of Indian IT services giant Infosys, said on Wednesday it has raised $140 million in a round led by SoftBank Vision Fund 2. The two-year-old startup said a number of industry luminaries also participated in the new round, […]

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Scale AI CEO Alex Wang weighs in on software bugs and what will make AV tech good enough

Scale co-founder and CEO Alex Wang joined us at TechCrunch Sessions: Mobility 2021 this week to discuss his company’s role in the autonomous driving industry and how it’s changed in the five years since its founding. Scale helps large and small AV players establish reliable “ground truth” through data annotation […]

Facebook CEO Mark Zuckerberg hosts first test of Live Audio Rooms in U.S.

In April, Facebook announced a slew of new audio products, including its Clubhouse clone, called Live Audio Rooms, which will be available across both Facebook and Messenger. Since May, Facebook has been publicly testing the audio rooms feature in Taiwan with public figures, but today the company hosted its first […]

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Solar concentration startup Heliogen basks in $108M of new funding

Sunlight is a great source of energy, but it rarely gets hot enough to fry an egg, let alone melt steel. Heliogen aims to change that with its high-tech concentrated solar technique, and has raised more than a hundred million dollars to test its 1,000-degree solar furnace to a few […]

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Elisity raises $26M Series A to scale its AI cybersecurity platform

Elisity, a self-styled innovator that provides behavior-based enterprise cybersecurity, has raised $26 million in Series A funding. The funding round was co-led by Two Bear Capital and AllegisCyber Capital, the latter of which has invested in a number of cybersecurity startups, including Panaseer, with previous seed investor Atlantic Bridge also […]

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Waabi’s Raquel Urtasun explains why it was the right time to launch an AV technology startup

Raquel Urtasun, the former chief scientist at Uber ATG, is the founder and CEO of Waabi, an autonomous vehicle startup that came out of stealth mode last week. The Toronto-based company, which will focus on trucking, raised an impressive $83.5 million in a Series A round led by Khosla Ventures.  […]

Yana’s mental health tool for Spanish speakers nears 5 million users

Andrea Campos has struggled with depression since she was eight years old. Over the years, she’s tried all sorts of therapies — from behavioral to pharmacotherapy. In 2017, when Campos was in her early 20s, she learned to program and created a system to help manage her mental health. It […]

Apple’s iPadOS 15 breaks the app barrier

The announcement of new iPad software at this year’s WWDC conference had an abnormally large expectation hung on it. The iPad lineup, especially the larger iPad Pro, has kept up an impressively frantic pace of hardware innovation over the past few years. In that same time frame, the software of […]

Extra Crunch roundup: EU insurtech, 30 years of ‘Crossing the Chasm,’ embedded finance’s endgame

This morning, Anna Heim and Alex Wilhelm dug into the EU insurtech market, interviewing European VCs and collating the biggest recent rounds to take the temperature of the waters across the pond: Alex Timm, CEO, Root Dan Preston, CEO, MetroMile Luca Bocchio, partner, Accel Florian Graillot, investor, Astorya.vc Stephen Brittain, […]