TechCrunch+ roundup: AI + journey, fusion investor survey, why you will by no means get funding

Most founders gained’t understand that they’re on the fallacious observe till it’s too late. That’s as a result of failure is one thing many entrepreneurs can solely understand in hindsight: the day-to-day work of constructing a startup requires a excessive diploma of confidence — and for some, denial. Quoting the film “Grosse Pointe Clean,” maybe … Read more

GPT-4-generated pitches are 3x extra prone to safe funding than human ones

Morsa Pictures/Getty Pictures Buying investor funds is a vital part of the success of many companies. But it surely’s simpler stated than performed. Enterprise professionals consistently current rigorously put-together shows for buyers, solely for a lot of of them to be uninterested. ChatGPT may assist not solely to get buyers to take the bait but … Read more

Nigeria’s Termii to launch cell app and scale buyer engagement enterprise with new funding

Nigerian communications platform-as-a-service startup Termii has raised $3.65 million in new financing, bringing its complete funding to this point to barely $5 million. In accordance with CEO Gbolade Emmanuel, in a chat with TechCrunch, the funds will not be wanted for operational actions however relatively to energy the corporate’s growth initiatives: growing and selling present … Read more

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch

Taxfix leaped to a $1 billion valuation in 2022 on the again of a well-liked cell app utilized by shoppers assist with tax returns. However quick ahead to 2023, and the Berlin-based accounting startup is taking an audit of its personal affairs. TechCrunch has discovered and confirmed that Taxfix has laid off 20% of its … Read more

Tiger International backs Indian industrial IoT startup Infinite Uptime in $18.8M funding spherical

Infinite Uptime, an Indian industrial IoT startup that gives predictive upkeep options for equipment, has secured a further $18.85 million as a part of an ongoing funding spherical led by Tiger International at a valuation of $60 million post-money. The Sequence B3 spherical additionally noticed participation from different current traders together with Mayfield, GSR Ventures, … Read more

Jenfi raises extra funding for its “progress capital as a service” platform

Jenfi, a “growth-capital-as-a-service” platform, can present on-line companies with revenue-based financing in just a little as a day. The Singapore-based startup introduced right this moment it has raised $6.6 million in pre-Sequence B funding, led by Headline Asia. Participation got here from returning investor Monk’s Hill Ventures, which led Jenfi’s Sequence A two years in the … Read more