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Otterize raises $11.5M to help developers securely connect software services Apr 13, 2023

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Tomer Greenwald, Uri Sarid and Ori Shoshan, software developers by trade, found themselves building and configuring software authentication and authorization mechanisms repeatedly — each time with a different tech stack.

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General Atlantic invests another $100 million in PhonePe Apr 13, 2023

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General Atlantic has poured another $100 million in PhonePe, three months after leading a $350 million investment in the Indian fintech startup that has so far raised $750 million in an ongoing financing round.

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Fintech startup Clear Street raises $270M at a $2B valuation Apr 12, 2023

Show notes

Clear Street, which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding round at a $2 billion valuation.

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Graneet raises $8.7 million for its vertical SaaS for construction companies Apr 12, 2023

Show notes

French startup Graneet is building an all-in-one software-as-a-service product focused on small construction companies.

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In edtech, history matters: Reach Capital just closed its largest fund to date Apr 11, 2023

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Reach Capital, one of the first venture firms to focus exclusively on edtech, closed its last investment vehicle during an unprecedented boom within tech.

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Gradient Ventures backs Axle’s ‘Plaid for insurance’ approach to data verification Apr 11, 2023

Show notes

Axle allows users to connect their insurance account to trusted companies in seconds and then automates insurance verification.

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Honeycomb scores $50M investment as observability platform thrives Apr 10, 2023

Show notes

Honeycomb was founded in 2016 by two former Facebook engineers to create a new way of looking at application monitoring based on the internal tooling they had seen at Facebook.

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Anthropic’s $5B, 4-year plan to take on OpenAI Apr 10, 2023

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AI research startup Anthropic aims to raise as much as $5 billion over the next two years to take on rival OpenAI and enter over a dozen major industries, according to company documents obtained by TechCrunch.

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Alternative seafood startup Aqua Cultured Foods reels in $5.5M Apr 07, 2023

Show notes

Aqua Cultured Foods is using proprietary mycoprotein (fungi) fermentation processes to create whole cuts of calamari, shrimp, scallops and filets of tuna and whitefish.

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SetSail adds ChatGPT questioning capabilities on top of sales data Apr 07, 2023

Show notes

SetSail set out to build a new way to compensate sales people, where based on the data, companies could pay salespeople on where they were in the pipeline, not in just one big chunk when they landed the sale.

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