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British startup Isembard lands $9M to reshore manufacturing for critical industries

Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to bring back businesses, which had moved or outsourced some or all of their industrial operations to cheaper countries further away. But that is easier said than done. In the key area of … Read more

Fluent Ventures backs replicated startup models in emerging markets

A new venture firm aims to prove that the most successful startup ideas don’t have to be born or scaled in Silicon Valley. Fluent Ventures, a global early-stage fund, is backing founders replicating proven business models from Western markets in fintech, digital health, and commerce across emerging markets. The more cynical might describe this as … Read more

Datadog acquires AI-powered observability startup Metaplane

Cloud monitoring and security platform Datadog on Wednesday announced that it has acquired Metaplane, an AI-powered data observability startup, for an undisclosed amount. In a press release, Datadog said that the deal “accelerates” its expansion into data observability, building on the launch of related products. Metaplane will continue supporting existing and new customers through a … Read more

Exclusive: This Sequoia-backed AI startup can run thousands of voice interviews at once—and it’s raised $27M to disrupt market research

Listen Labs, a Sequoia-backed startup that uses AI to conduct thousands of voice interviews simultaneously for customer research, announced Wednesday that it has raised a total of $27 million.  The Seed and Series A rounds were both led by Sequoia’s Bryan Schreier, who was an initial investor in the customer experience platform Qualtrics. The company … Read more

A Chinese AI video startup appears to be blocking politically sensitive images

A China-based startup, Sand AI, has released an openly licensed video-generating AI model that’s garnered praise from entrepreneurs like Microsoft Research Asia founding director Kai-Fu Lee. But Sand AI appears to be censoring images that might raise the ire of Chinese regulators from the hosted version of the model, according to TechCrunch’s testing. Earlier this … Read more

Ex-Meta engineer raises $14M for Lace AI, a revenue generation software startup

As an AI engineer at Meta, Boris Valkov helped build PyTorch, one of the world’s largest machine learning libraries. During his time there, Valkov realized that artificial intelligence “was about to unlock capabilities…in the application layer in the software stack.” He left Meta in late 2021 to start Lace AI, a startup that has developed … Read more

India’s EV startup Ather cuts IPO size to $308M, seeking $1.4B post-money valuation

Ather Energy, the Indian startup manufacturing electric two-wheelers, has cut the size of its initial public offer by 18% to 26.26 billion Indian rupees ($308.3M), according to a new draft prospectus filed Tuesday. The Bengaluru-based startup confirmed to TechCrunch it’s targeting a post-money valuation of $1.4 billion. Last September, the startup sought a valuation of … Read more

Bezos-backed startup designed an EV that can change like a ‘Transformer’

Jeff Bezos-backed Slate Auto has planted multiple concept versions of its EV on the streets of California. It’s a marketing tactic that teases the secretive startup’s strategy to sell a “Transformer”-like vehicle, people familiar with the company’s internal discussions told TechCrunch. This unconventional real-world tease comes days before Slate’s April 24 launch event at Long … Read more

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