Tag: Startup

This week's tech news wrap-up features some exciting unveils - from AI-generated songs with over 250K Spotify streams and 10M views on TikTok to Apple Card's banking options, to Tesla's price slashing on Model 3 & Y cars. Keep an eye out for TechCrunch's Disrupt conference for more updates.

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AI startup LangChain just closed a $20-25 million funding round, lead by venture capital firm Sequoia, valuing the startup at least $200 million. The breakthrough is just weeks after LangChain received a $10 million seed investment, with popular VC firm Benchmark backing them. This innovative startup specialises in generative AI, with their language models helping developers create powerful applications. With industry-leading figures like Sonya Huang championing their cause, LangChain has already seen success with online forums like GitHub, Twitter and Discord. Will LangChain's rise continue in the future?

Overwater Ventures, headed by Kristina Simmons, a veteran of Andreessen Horowitz and Khosla Ventures, announced it has raised $20 million for its venture fund. During this uncertain economic climate, Simmons focuses on helping inventors bring new technologies to improve human and ecological health. Her expertise led to successful investments in 10 companies, with plans to continue supporting the startup of the future.

Discover the SaaS space and engage with leading speakers at TechCrunch Disrupt 2023, held at Moscone Center in San Francisco! Explore the latest advances in SaaS, AI, and quantum computing, and get your early bird ticket before May 12 for 800 USD off!