Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor […]
Software Development in Sri Lanka
As an AI engineer at Meta, Boris Valkov helped build PyTorch, one of the world’s largest machine learning libraries. During his time there, Valkov realized that artificial intelligence “was about to unlock capabilities…in the application layer in the software stack.” He left Meta in late 2021 to start Lace AI, a startup that has developed […]
Software Development in Sri Lanka
On Sunday, 21-year-old Chungin “Roy” Lee announced he’s raised $5.3 million in seed funding from Abstract Ventures and Susa Ventures for his startup, Cluely, that offers an AI tool to “cheat on everything.” The startup was born after Lee posted in a viral X thread that he was suspended by Columbia University after he and […]
Software Development in Sri Lanka
Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million). The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money. On the surface, […]
Software Development in Sri Lanka
Symphonic Capital announced today in a blog post that it raised $13.5 million for its inaugural fund to invest in early-stage companies. Sydney Thomas launched the firm in 2022 after leaving Charles Hudson’s Precursor Ventures, where she was the first hire. Thomas said her fund will focus on founders outside of the Bay who are […]
Software Development in Sri Lanka
In the world of tech, some might argue that the term of the decade is AI, but in the bigger scheme of things, beyond this single sector, the most important word may well be “resilience.” How well prepared are people, organizations, and countries for unforeseen, negative economic, geopolitical, social, and environmental developments? It’s a question […]
Software Development in Sri Lanka
Legal tech has come a long way, but the bulk of an intellectual property or patent lawyer’s work today is still done with spreadsheets, word processors, and PDFs. A startup out of Delaware, Solve Intelligence, is using generative AI to speed up that work, believing its tech is uniquely suited to the needs of patent […]
Software Development in Sri Lanka
Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth of liquidity. Lack of cash returns has been especially troublesome for wealthy individuals or their small family offices — who manage the assets of the wealthy — that made substantial investments […]
Software Development in Sri Lanka
It’s been a tough but exciting year for 23-year-old Jaspar Carmichael-Jack, founder and CEO of AI sales agent startup Artisan. Artisan just raised a $25 million Series A led by Glade Brook Capital, Carmichael-Jack exclusively tells TechCrunch. Y Combinator, Day One Ventures, HubSpot Ventures, Oliver Jung, Fellows Fund, and others participated as well. A year […]
Software Development in Sri Lanka
Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech company confirmed to TechCrunch. The valuation is about less than half of the $13.4 billion that San Francisco-based Plaid was valued at when it raised a $425 million Series D […]
Software Development in Sri Lanka
Founded in 2017, Atoms Lanka Solutions is a provider of IT consulting and software development services. Throughout the company’s history, we have worked with over 160 customers from 5+ countries..
