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TechCrunch
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Just 6 days left — ready for some unfiltered AI truths at TechCrunch Sessions: AI?
- TechCrunch Sessions: AI event is happening on June 5 at UC Berkeley's Zellerbach Hall, offering insightful discussions on AI insights, ethics, and safety.
- The agenda includes topics like the Frontier of AI, VCs expectations from AI founders, foundational models, winning against incumbents, and AI ethics.
- Key speakers include leaders from Google Cloud Startups, OpenAI, Khosla Ventures, Toyota, DeepMind, Odyssey, and more, providing valuable insights at the event.
- Register before June 5 to save $300 on your pass and avail of a 50% discount for a +1, with an opportunity to network and connect with industry professionals.
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ISN
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Unbound raises $4 million funding to help enterprises embrace AI tools on their terms
- Unbound, a startup founded by former Adobe, Palo Alto Networks, and Imperva veterans, raised $4 million in seed funding to address the security, governance, and cost challenges of enterprises adopting generative AI tools.
- Their AI Gateway platform helps IT teams monitor, control, and optimize the use of generative AI tools by intercepting prompts, scanning for sensitive data, enforcing access policies, and rerouting requests to appropriate models.
- Unbound's platform has already prevented over 7,000 potential data leaks, reduced AI-related costs by up to 70%, and enables enterprises to maintain productivity while enforcing data privacy and compliance guardrails.
- To support its growth plans, Unbound will deploy over $1 million in India for hiring, tapping into the country's demand for cost-efficient and performance-focused AI solutions.
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Medium
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Agentic AI is worth the Hype
- Launch of a new Agentic AI platform with a fellow entrepreneur aimed at disrupting an economic sector.
- The urgency for industry leaders to deeply immerse themselves in the evolving technology quickly.
- Impressive progress made in building a UI, operational data room, website, and a startup over a single weekend.
- Anticipation of disruptive technology's broader implications and the need for exploration of Lovable and global talent engagement in the evolution.
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SiliconCanals
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AI tool of the week: Definely’s agentic AI tool ‘Enhance’ speeds up legal workflows by up to 70%
- London-based AI-powered legal tech company Definely has launched 'Enhance,' an agentic AI tool aimed at speeding up legal workflows by 40-70%.
- Enhance allows lawyers to efficiently review contracts without switching between different tools, enhancing their existing workflows within Microsoft Word.
- Definely's agentic AI system assigns specific agents for different tasks, collaborating to manage various components and improve overall efficiency with lawyer oversight.
- Definely's customers can expect a significant speed improvement in workflows using Enhance compared to traditional manual approaches, helping scale high-quality legal work and reduce review time.
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Alleywatch
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The 13 Largest Global Startup Funding Rounds of April 2025
- SandboxAQ raised $150.0M in Series E round, developing AI and quantum solutions in Palo Alto.
- Thunes secured $150.0M in Series D round, offering global payments infrastructure from Singapore.
- Altruist received $152.0M in Series F round, providing a digital investment platform from Culver City.
- Tailscale raised $160.0M in Series C round, offering zero-configuration VPNs from Toronto.
- Electra garnered $186.0M in Series B round, producing clean iron using renewable energy in Boulder.
- Apex secured $200.0M in Series C round, designing satellite buses in Los Angeles.
- Base Power raised $200.0M in Series B round, specializing in residential backup battery systems from Austin.
- Persona received $200.0M in Series D round, providing identity verification solutions from San Francisco.
- Supabase raised $200.0M in Series D round, offering an open-source Firebase alternative from San Francisco.
- CMR Surgical secured $200.0M in a Venture round, developing robotic surgical systems in Cambridge.
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Startup Story
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Saveit and Pine Labs Enter Strategic Distribution Agreement to Deepen Fintech Access Across Bharat
- AffluenceIT Fintech Private Limited, the parent company of Saveit, has signed a Distribution Agreement with Pine Labs to deepen fintech access across Tier 2 and Tier 3 cities in India.
- The collaboration aims to leverage Pine Labs' payment infrastructure and merchant network to provide reliable financial tools to the core of Bharat, enhancing Saveit's platform with AI-powered credit card recommendations, location-based offers, real-time merchant discounts, and secure transaction infrastructure.
- The partnership also focuses on empowering local merchants by offering them digital visibility, access to fintech promotions, loyalty programs, and tools for real-time customer targeting, enabling them to compete and grow in the digital economy.
- Saveit, a next-generation fintech platform, is striving to deliver intelligent financial solutions to India's underserved population, while Pine Labs is recognized as India's premier fintech infrastructure provider, driving financial innovation and digital commerce across various businesses.
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Inc42
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PayU Boosts Board In Run-Up To IPO
- PayU, gearing up for its IPO, has expanded its board with three new appointments.
- New board members include Subhash Mundra, Manoj Kumar Agarwal, and Ashutosh Sharma.
- The board expansion aims to set new governance standards and accelerate investments in technology.
- PayU is owned by Prosus, raised INR 1,013 Cr from parent for IPO, and is likely to file for IPO in the ongoing financial year.
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Economic Times
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AI security startup Unbound raises $4 million in round led by Race Capital
- Unbound, an enterprise AI security startup, has raised $4 million in a seed round led by Race Capital, with other investors including Wayfinder Ventures and Y Combinator.
- The Bengaluru-based startup plans to invest over $1 million in India for hiring and expanding R&D efforts to provide secure AI solutions to Indian companies.
- Unbound, founded by Rajaram Srinivasan and Vignesh Subbiah, helps organizations integrate generative AI safely into workflows with security controls to prevent data leaks.
- The platform has helped clients prevent over 7,000 potential data leaks and reduce AI tool costs by nearly 70% according to Vignesh Subbiah, the company's CTO.
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Insider
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Buzzy AI health startup Superpower is making another acquisition to power its food-as-medicine push
- Health AI startup Superpower, co-founded by Max Marchione, Jacob Peters (CEO), and Kevin Unkrich (CTO), is delving into nutrition care with its latest acquisition of at-home lab testing company Base.
- This acquisition follows the startup's $30 million Series A funding and is part of its strategy to build an all-in-one health 'super app' that offers personalized lifestyle recommendations.
- Superpower aims to cater to the increasing consumer interest in taking control of their health and nutrition habits.
- By acquiring Base, Superpower gains access to valuable nutritional data that will enhance its food-as-medicine care offerings.
- Base, founded by Lola Priego, specializes in at-home blood and saliva tests to help consumers improve their sleep and diet with personalized recommendations.
- Superpower's CEO, Jacob Peters, highlighted Base's diet analysis business as a key factor in the acquisition.
- The startup's focus on longevity care aligns with current trends in health and wellness, where consumers are eager to optimize their health and extend their lifespans.
- Superpower's M&A strategy incorporates acquiring complementary health startups like Feminade, with plans for further consolidation in the digital health space.
- Superpower's AI-powered platform combines biannual lab tests, health histories, and AI-driven insights to offer comprehensive health optimization recommendations.
- While the app's $500 yearly membership may pose affordability challenges for some users, the team aims to make their services more accessible, potentially through partnerships with employers.
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Insider
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This YC-backed startup wants to speed up US visa applications with AI. Read the pitch deck it used to raise $2.7 million.
- Gale, a startup founded by immigrants, raised $2.7 million to automate parts of US work visa applications with AI.
- The startup's platform aims to speed up the visa application process and free up lawyers' time by automating administrative work.
- Gale's focus is on making visa onboarding faster for applicants, answering client questions promptly, and ensuring compliance with ongoing visa requirements.
- The seed funding will be used by Gale to enhance compliance tools, expand the team, and build partnerships with employers and immigration lawyers.
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Medium
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Launch Your Product Smarter with MVP Services from Experts
- A Minimum Viable Product (MVP) is a streamlined version of a product that delivers core value to users by including only essential features needed to solve a specific problem and collect actionable feedback.
- MVP development enables businesses to enter the market faster, test assumptions early, and make data-driven decisions, allowing for strategic iteration and smarter resource allocation.
- At Cybertron Labs, MVP services are designed to reduce uncertainty, increase agility, and help clients move from concept to customer faster by combining lean startup principles, technical excellence, and user-focused design.
- Their approach to MVP development includes discovery & strategy, feature prioritization, rapid prototyping & design, agile development, and launch & feedback loop to ensure success from day one.
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Medium
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Invest in the Eco-Tree Program by World Tree: Empress Trees
- The Eco-Tree Program by World Tree offers investors a unique opportunity to invest in sustainable forestry practices by planting fast-growing Empress trees.
- Investors contribute to planting and caring for Empress Splendor trees that grow up to 20 feet per year and reach maturity in 10 years, supporting environmental benefits and potential financial returns.
- World Tree has raised over $18 million since 2015, planting more than 7,000 acres of Empress trees with the help of over 375 farmers across multiple countries.
- Investors can expect to receive 25% of the profit from their acre once the trees are harvested and sold, making it a long-term investment with the potential for returns while supporting a sustainable initiative.
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Inc42
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Exclusive: Battery Smart Bags $29 Mn From Rising Tide Energy, Others
- Delhi NCR-based battery swapping startup Battery Smart raised $29 Mn in its ongoing Series B extension round led by Rising Tide Energy.
- Other participants in the funding round include responsAbility, Ecosystem Integrity Fund, and LeapFrog Investments.
- Battery Smart plans to utilize the capital to expand its presence in existing cities and enter new markets.
- Founded in 2020, Battery Smart has raised a total of over $139 Mn in funding and currently has the highest number of swapping stations in Delhi NCR.
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ISN
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Grammarly raises $1 billion to expand sales, marketing; CEO Mehrotra says, 'The future looks bright'
- Grammarly, led by India-origin CEO, secures $1 billion in non-dilutive financing from General Catalyst for sales and marketing expansion.
- The funding follows Grammarly's acquisition of Coda, shifting focus from writing assistance to enterprise productivity tools.
- This investment will aid in scaling sales and marketing efforts, strategic acquisitions, and positioning Grammarly as a comprehensive productivity suite.
- CEO Mehrotra highlights the evolution of Grammarly into an AI productivity platform, with AI agents servicing over 500,000 applications and websites.
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ISN
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Razorpay completes reverse flip from US to India; founder says, 'Dream to build for India'
- Fintech major Razorpay has completed the reverse flip of its parent company's domicile from the US to India to align with its IPO plans.
- The restructuring was approved by the Ministry of Corporate Affairs, allowing Razorpay to make India its global headquarters.
- Co-founder Shashank Kumar mentioned that the move signifies Razorpay's belief in building for India and focusing on the Indian market.
- Razorpay aims for profitability by 2026, has raised $742 million in equity capital, and processes $180 billion in gross merchandise value annually.
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