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New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised $4 million in seed funding to go after incumbents like The RealReal. Gorra intends to use the new capital to continue technology development on those tools, to add to Rebag’s workforce of 150 people and expand its marketing.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. It brings Sima.ia’s total capital raised to $150 million. billion by 2025. After emerging from stealth in 2019, Sima.ai “Sima.ai

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Indonesia’s Astro raises $60M to work on 15-minute grocery delivery

TechCrunch

The Series B round was led by Accel, Citius and Tiger Global, with participation from existing investors AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital India. The e-grocery delivery market in Indonesia is projected to reach $6 billion by 2025. The company declined to disclose its post-money valuation.

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Akeyless secures a cash infusion to help companies manage their passwords, certificates and keys

TechCrunch

Today, Akeyless is thriving, Angel tells me — despite fierce competition from incumbents like Hashicorp Vault, AWS Secrets Manager and Google Cloud’s Secret Manager. million in debt — led by NGP Capital with participation from Team8 Capital and Jerusalem Venture Partners. billion by 2025.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. It’s safe to say that over 80% of the market is made up of small and medium businesses and sellers. “E-commerce

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It Pays to be an AI Company

Tomasz Tunguz

Forward ARR Multiple As of Type 25th 50th 75th percentile 2025-01-31 Software 3.1 2025-01-31 AI 8.3 AI software reinvents workflows in ways that could enable market share shift from incumbents, in a way that hasn’t been possible since the beginning of the cloud era.

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Galileo emerges from stealth to streamline AI model development

TechCrunch

The market for MLOps services could reach $4 billion by 2025, by one estimation , and includes startups like Databricks, DataRobot, Algorithmia and incumbents like Google Cloud and Amazon Web Services. million in total venture capital. “The user only has to add a few lines of code.”