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AI startups in the Bay Area raised $27B+ in 2023, more than 50% of global AI funding, up from $14B in 2022 when the region accounted for 29% of all AI funding (Gené Teare/Crunchbase News) 14-05-2024

Gené Teare / Crunchbase News: AI startups in the Bay Area raised $27B+ in 2023, more than 50% of global AI funding, up from $14B in 2022 when the region accounted for 29% of all AI funding  —  There’s been much talk of a resurgent San Francisco with the new technology wave of artificial intelligence washing over the software world. Lees verder op Tech Meme

Mexico-based BNPL startup Aplazo raised a $45M Series B led by QED Investors, bringing its total raised to $100M+ in equity and $75M in committed debt (Anna Heim/TechCrunch) 14-05-2024

Anna Heim / TechCrunch: Mexico-based BNPL startup Aplazo raised a $45M Series B led by QED Investors, bringing its total raised to $100M+ in equity and $75M in committed debt  —  Buy now, pay later services have become so ubiquitous that BNPL may as well just be another way to say “debt.” Lees verder op Tech Meme

Pepper, which provides tools for order management, invoicing, and more for independent food distributors, raised a $30M Series B led by Iconiq Growth (Christine Hall/TechCrunch) 14-05-2024

Christine Hall / TechCrunch: Pepper, which provides tools for order management, invoicing, and more for independent food distributors, raised a $30M Series B led by Iconiq Growth  —  Pepper, the e-commerce platform for food distributors, continues to edge into Sysco and US Foods territory by giving smaller, independent distributors a technology leg up. Lees verder op Tech Meme