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Aletiq secures $6.5M for its SaaS tool focused on product lifecycle management

Aletiq has raised a €6 million funding round led by Point Nine a few months ago (around $6.5 million at current exchange rates). The French startup is announcing the founding round today. Aletiq has been developing product lifecycle management (PLM) software for manufacturing industrial companies working in aerospace, automotive, electronics, luxury and more. When you … Read more

Startup studio Hexa acquires majority stake in Veevart, a vertical SaaS platform for museums

Hexa is trying something new. Instead of fostering startups from the ground up and incubating them for the first year or so, the Paris-based startup studio is acquiring a majority stake in Veevart, a vertical software-as-a-service company for museums that provides solutions for ticketing, fundraising, CRM and collection management. Hexa is a familiar name in … Read more

Stripe CEO says AI startups are growing faster than SaaS ever did and calling them wrappers ‘misses the point’

In its annual letter released Thursday, payments giant Stripe declared that it was “seeing an AI boom” with its data revealing that artificial intelligence startups are growing more rapidly than traditional SaaS companies have historically. In a chart, Stripe showed that the top 100 AI companies (by revenue) were able to achieve $5 million in … Read more

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