Rainforest, a startup that embeds payment processing into other software platforms, has raised $20 million in Series A funding — less than a year after announcing the close of its seed financing. Raising back-to-back rounds was more common in 2021 but we don’t see it happening as often in this new environment. Rainforest’s traction is […]
Video editing app Captions, which is backed by a16z, Kleiner Perkins, and Sequoia Captial, has launched a new feature that takes an existing unedited video and adds custom graphics, zooms, music, sound effects, transitions, and motion backgrounds based on the content. There are a few restrictions for AI edit — it should be a vertical […]
The airline industry is headed for record revenue this year — $996 billion — as the demand for travel soars. But the margins remain razor-thin. According to the trade association IATA, total expenses for airlines are projected to reach $936 billion, with earnings coming out to around $6.14 per passenger. That’s about the price of […]
Activity tracking platform and community Strava is shutting down Fatmap, the Europe-based 3D mapping platform it had acquired last January. In an email sent to users this week, accompanied by an online support page, Fatmap said that its website and app will be retired from October 1, 2024, and users will get an option to […]
Older adults increasingly want to age in their homes rather than nursing facilities. A study by the American Association of Retired People (AARP) found that nearly 90% of people over 65 want to stay in their homes as they grow older. That means there is plenty of work for home care agencies whose staff assist […]
You might think new generative AI startups like Eleven Labs are the hottest game in town for translation services. But voice translation was long ago preceded by another market, targeted some time ago by startups: content translation. Any company with an international presence needs to have their content translated around the world, so this remains […]
Opera said today it is releasing Opera One’s second version in developer beta with features including new multimedia controls, split tabs, and new AI capabilities. The company is introducing new themes and design elements to give Opera One R2 a fresh look. The company has traditionally placed the multimedia controls on the sidebar. But with […]
Apple has finally added support for Rich Communication Services (RCS) to its Messages app. The feature arrived as part of the second developer beta of iOS 18 earlier this week. RCS is a messaging protocol that uses the internet to let you send and receive files and high-quality images, see typing indicators, get read receipts, […]
When it comes to building software for climate tech, it might make sense at first to work on something in the general vicinity of carbon accounting, given that the hottest software platforms in the space have something to do with either accounting, offsets, removals, or regulatory disclosure. Just take a look at the startups in […]
There aren’t many growth funds in Europe, but one of them now has fresh capital to invest in enterprise companies: German investment management firm DTCP held the final close of its third growth fund and an initial closing of its new early-stage fund, Incharge Capital, a joint venture with Porsche focusing on mobility startups, at […]