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Daily Crunch: AI content developer Jasper now valued at $1.5B following capital infusion

TechCrunch

Don’t worry, it’s for fun reasons: We want to be the first to tell you about the awesomeness that is our TechCrunch Disrupt Battlefield companies. Someone’s having a good day : Jasper, which calls itself an “AI content” developer, raised its first round of funding ever — and a big one at that, at $125 million, to give it a $1.5

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The business model of the future

Entrepreneurs' Organization

Companies that embrace this new model, called interaction field companies, generate, facilitate and benefit from interactions and data exchanges among multiple people and groups—from customers and stakeholders, but also from those you wouldn’t expect to be in the mix, like suppliers, software developers, regulators and even competitors. .

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Katakem’s ‘robot chef’ speeds up drug development with reliable chemistry

TechCrunch

It occurred to him that automation and robotics could make the drug development process more predictable, and so he founded Katakem , one of the startups in the TechCrunch Disrupt Battlefield 200. ” To Oliverio’s point, drug development today is a lengthy and expensive endeavor. . Food and Drug Administration.

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TouchCast raises $55M to grow its mixed reality-based virtual event platform

TechCrunch

Events — when they haven’t been cancelled altogether in the last 12 months due to the global health pandemic — have gone virtual and online, and a wave of startups that are helping people create and participate in those experiences are seeing a surge of attention — and funding.

mix-use 101
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Check out these startups from Pear’s Demo Day (there’s usually a breakout or two in the bunch)

TechCrunch

Pear, a seed-stage venture firm founded in 2013, has an impressive track record when it comes to identifying promising companies from their earliest stages — including DoorDash, Gusto, Aurora Solar, Vanta, Branch Metrics and Guardant Health. ” Health U. Founders: Emily Stebbins (Co-CEO), Jonathan Siktberg (Co-CEO).

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Daily Crunch: Months after rejecting a $17B bid, Zendesk sells to private equity group for $10.2B

TechCrunch

Stay tuned as my colleagues and I parse the developments. And on the distant horizon, TechCrunch Disrupt will return to San Francisco on October 18. Wondermed claims that it is, as do rivals Mindbloom and Fieldtrip Health. Reactions have been mixed, Jacquelyn reports. Now, you might ask, Is this safe?

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

In announcing the deal, they said: “DeFi-enabled B2B payment networks that are on chain can unlock transformative working capital efficiencies, and make financial services more fair and open, especially in developing markets like LATAM.”. In particular, he said Paystand has experienced over 700% revenue growth in the last three years.