David Karandish has been busy. Capacity, his support automation company, was planning a $ 5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $ 21 million for what became Capacity’s $ 26 […]
GovWell is bringing automation and efficiency to local governments
Government websites aren’t known for cutting-edge tech. GovWell co-founder and CTO Ben Cohen discovered this while trying to help his dad, a contractor, apply for building permits. Cohen worked as a full stack engineer at Uber during the day and faxed documents for building permits at night. The difference in tech was stark. Years later, […]
Adaptive builds automation tools to speed up construction payments
The construction industry has a slow payments problem. Studies have found that it takes anywhere from two to three months on average for construction companies to get paid, due to factors such as delays, multiple payment layers and cost overruns. The cost of sluggish construction contract payments climbed to $ 273 billion in 2023, representing […]
Altrove uses AI models and lab automation to create new materials
For the past couple of years, innovation has been accelerating in new materials development. And a new French startup called Altrove plans to play a role in this innovation cycle. The deep tech startup has already raised €3.7 million (around $ 4 million at current exchange rates). If you’re interesting in new materials development, you […]
Cognigy lands cash to grow its contact center automation business
Philipp Heltewig, who was CIO at marketing firm Sitecore before it was sold to private equity group EQT in 2016, joined forces with Sascha Poggemann and Benjamin Mayr eight years ago to found Cognigy, a customer service automation startup. The impetus was what they perceived as confusion about AI’s capabilities among both consumers and C-suite […]