Though the Swedish startup has raised over $14 billion, it has been running short on cash recently. © 2024 TechCrunch. All rights reserved. For personal use only.

La Fourche is just seven years old but it has been quite a rollercoaster for the French startup. During this time, the online grocery retailer has gone through a global pandemic, followed by the rise of venture-backed quick-commerce startups that promised grocery deliveries in less than 15 minutes, followed by the implosion of that vertical. [...]

A recurring theme in Europe’s tech world is that the region needs its own Google or Microsoft, and that in this day and age, to be more resilient and independent, it should, could and must build it. Now comes the launch of a new fund to support this initiative. Project Europe — a new fund [...]

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Scimplify has raised $40 million in a new equity round backed by Accel to expand its presence in the U.S. and enter new markets. © 2024 TechCrunch. All rights reserved. For personal use only.

VC funding into AI tools for healthcare was projected to hit $11 billion last year — a headline figure that speaks to the widespread conviction that artificial intelligence will prove transformative in a critical sector. Many startups applying AI in healthcare are seeking to drive efficiencies by automating some of the administration that orbits and [...]

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