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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

Signaling that investments in the supply chain sector remain robust, Pando , a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million. billion by 2025, per Markets and Markets — up from $17.4 billion in 2019.

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

TechCrunch

today closed a $30 million additional investment from Fidelity Management & Research Company with participation from Lip-Bu Tan (who’s joining the board) and previous investors, concluding the startup’s Series B. . billion by 2025. After emerging from stealth in 2019, Sima.ai Edge computing is forecast to be a $6.72

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

TechCrunch

The speed at which Astro is attracting investment goes to show the need for hefty upfront investment in the grocery delivery race, which is about establishing a logistics infrastructure quickly and locking in loyal customers ahead of rivals. The e-grocery delivery market in Indonesia is projected to reach $6 billion by 2025.

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Galileo emerges from stealth to streamline AI model development

TechCrunch

After all, AI is costly — Gartner predicted in 2021 that a third of tech providers would invest $1 million or more in AI by 2023 — and debugging an algorithm gone wrong threatens to inflate the development budget. While investor interest in MLOps is on the rise, cash doesn’t necessarily translate to success.

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

TechCrunch

NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception.

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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 High-growth early SaaS companies can achieve growth rates similar to those of their AI peers In the public markets, typically, the slower the growth of the company, the less they have been investing in AI.

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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. billion by 2025. Venture capital investments in security startups eclipsed $13 billion this year, according to PitchBook data, up from $11.47