Last week, at our first StrictlyVC evening of the year, prominent AI investors Elad Gil and Sarah Guo joined us in San Francisco to talk about how they think about AI investing in a world where deals were getting bid up feverishly two months ago, and where reportedly, some startup teams are now looking to […]
Nile raises $11.6M in seed funding to build a Postgres-powered data layer for SaaS applications
SaaS needs a new data system. That’s the driving idea behind Nile, a startup that aims to create this data system with serverless Postgres at its core. Co-founded by Sriram Subramanian, the former head of cloud engineering at Confluent, and Gwen Shapira, the former engineering lead for the Kafka team at Confluent, Nile is building […]
The best funding options for late-stage startups
“Entrepreneurs navigating the later stages of a startup face a mine field of funding options, and not all of them are suitable for their business,” writes David Spreng, founder and CEO of Runway Growth Capital. Full TechCrunch+ articles are only available to members. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year […]
India’s Udaan scores $340 million in new funding
The investment arm of the UK retail bank M&G has led a funding of $ 340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing rounds secured by an Indian startup in 2023. The Bengaluru-headquartered startup, which helps merchants in smaller Indian cities and towns secure inventories from major brands as […]
LineNext secures $140M funding for its web3 service
LineNext, a web3 unit of the Japanese messaging app Line, raised $ 140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in South Korea, to expand its web3 platform. The new funding comes nearly a year after LineNext released its browser-only beta service — consumer-to-consumer(C2C) marketplace launched on […]