Numeral raises $100m Series C for AI sales tax compliance
Numeral raises $100m Series C for AI sales tax compliance

Sales tax has become a much bigger operational challenge as companies grow across markets, systems and business models. Sam Ross, co-founder and chief executive of Numeral, said that as the San Francisco company announced a $100m Series C on Wednesday….

Tekever hits a $6.4bn valuation and plans acquisitions with its new round
Tekever hits a $6.4bn valuation and plans acquisitions with its new round

The fund raise is precisely designed to support that growth, not only organically, developing new technology, but through acquisitions. Ricardo Mendes, founder and chief executive of Tekever, said that in an interview with Bloomberg Television on Wedne…

AI-native patent firm Fearn launches to take on the billable hour
AI-native patent firm Fearn launches to take on the billable hour

A conventional patent application can take 30 to 40 hours of attorney time and cost $18,000 to $40,000 in legal fees. Startups wait months to protect technology that can change by the day. Fearn, the modern patent prosecution firm for startups, was bui…

Heidi raises $340m and doubles its valuation to $900m
Heidi raises $340m and doubles its valuation to $900m

From the day I started Heidi, the ambition was always bigger than writing doctor’s notes. Dr Thomas Kelly said that on Tuesday, as the company he cofounded announced US$340m of new funding. The money arrives in two parts. In its announcement, Heidi sai…

Cyera has now raised $1.4bn this year to police AI agents
Cyera has now raised $1.4bn this year to police AI agents

They need to trust what AI agents can see and do before they can scale them. Yotam Segev said that on Tuesday, about what the Global 2000 keeps telling his company. The Cyera cofounder and chief executive was announcing a $400m investment from Growth E…

Legora’s CEO says Europe should not build a frontier AI lab
Legora’s CEO says Europe should not build a frontier AI lab

I think a lot of it is marketing, to overemphasize the proposed capabilities. Max Junestrand said that in Amsterdam on Tuesday. He was asked about the summer’s run of incidents in which AI agents hacked other companies. The warnings that followed deser…

The fastest-adopted model on Vercel this year cannot write a word
The fastest-adopted model on Vercel this year cannot write a word

We have lightning in a bottle, and yet it is not useful. Diogo Almeida helped build ChatGPT. He worked on the instruction-following research behind it at OpenAI, and the four years since have left him disappointed by what it became, as he told TechCrun…

EWOR names a San Francisco team as US applications surge 237%
EWOR names a San Francisco team as US applications surge 237%

EWOR, a founder fellowship harder to get into than Y Combinator, has named a senior leadership team in San Francisco. The appointments follow a record year of US applications, up 237% in twelve months. The team comprises Charles Ferguson, the Oscar-win…

Corridor launches with $25m to fix health benefits for small businesses
Corridor launches with $25m to fix health benefits for small businesses

“For decades, small businesses have been sold the leftovers of the health insurance market,” said Nikhil Aggarwal, chief executive and co-founder of Corridor. His company launched its AI benefits brokerage on Monday with $25m. Its plan is to change tha…

Amber Electric raises €49m to take home battery automation to Europe
Amber Electric raises €49m to take home battery automation to Europe

“We’ve built a leading energy automation platform in Australia, and this investment gives us the backing to build on that leadership globally,” said Chris Thompson, co-founder of Amber Electric. The Melbourne company has raised €49m in a Series E round…