[[{“value”:” Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 M&As and 58 FDA-approved drugs under its belt, the 13-year-old multi-stage healthcare and life sciences firm took two years to raise its sixth fund. “Almost all of […] © 2024 TechCrunch….
Databricks expands Mosaic AI to help enterprises build with LLMs
[[{“value”:” A year ago, Databricks acquired MosaicML for $1.3 billion. Now rebranded as Mosaic AI, the platform has become integral to Databricks’ AI solutions. Today, at the company’s Data + AI Summit, it is launching a number of new features for the service. Ahead of the announcements, I spoke to Databricks co-founders CEO Ali Ghodsi and […] © 2024 TechCrunch….
YC grad, RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions
[[{“value”:” RetailReady targets the $40 billion compliance market to help reduce the number of retail compliance losses that shippers incur annually due to incorrectly shipped packages. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Bonus: An extra week to apply to Startup Battlefield 200
[[{“value”:” A big shoutout to the early-stage founders who missed the application window for the Startup Battlefield 200 (SB 200) at TechCrunch Disrupt. We have exciting news just for you! You procrastinators can thank your lucky stars — we’re giving you (a little) more time to get your application together. Pro tip: Applying to and participating […] © 2024 TechCrunch….
Databricks launches LakeFlow to help its customers build their data pipelines
[[{“value”:” Since its launch in 2013, Databricks has relied on its ecosystem of partners, such as Fievtran, Rudderstack, and dbt, to provide tools for data preparation and loading. But now, at its annual Data + AI Summit, the company announced LakeFlow, its own data engineering solution that can handle data ingestion, transformation and orchestration and eliminates […] © 2024 TechCrunch….
Restate raises $7M for its lightweight workflows-as-code platform
[[{“value”:” When one of the co-creators of the popular open-source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of the open source project back in 2010 and then later became the CTO of Data Artisans, which aimed to monetize Flink. Alibaba then acquired the company […] © 2024 TechCrunch….
Civic Renewables is rolling up residential solar installers to improve quality and grow the market
[[{“value”:” With most residential solar panels installed by smaller companies, customer experience can be a mixed bag. To try to address the quality and consistency problem, Civic Renewables is buying small installers. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Friends & Family Capital, a fund founded by ex-Palantir CFO and son of IVP’s founder, unveils third $118M fund
[[{“value”:” Small VC firms require deep trust, mutual support, and long-term commitment among the partners —a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO and former research VP at Peter Thiel’s Clarium Capital) and John Fogelsong (the son of IVP co-founder Norm Fogelsong) didn’t need to cultivate a family-like relationship before […] © 2024 TechCrunch….
Fisker’s troubled Ocean SUV gets its first recall
[[{“value”:” Fisker is issuing the first recall for its all-electric Ocean SUV because of problems with the warning lights, according to new information published by the National Highway Traffic Safety Administration. The safety agency says that the Fisker Ocean’s instrument panel displays the brake, park, and antilock brake system warning lights in the wrong font size […] © 2024 TechCrunch….
Gorilla, a Belgian startup that helps energy providers crunch big data, raises $25M
[[{“value”:” Gorilla, a Belgian company that serves the energy sector with real-time data and analytics for pricing and forecasting, has raised €23 million ($25 million) in a Series B round led by U.S. venture capital firm Headline. Founded in 2018, Antwerp-based Gorilla works with energy providers across Europe, the U.S. and Australia, including British Gas’ parent […] © 2024 TechCrunch….