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

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The newsletter is a little later than usual today and for the next three days. 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. Find ’em in our special Battlefield section belooooow! And, this is the first time EVER, that we are writing Daily Crunch, sitting next to each other, IRL. — Christine and Haje

The TechCrunch Top 3

  • 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 billion valuation, Kyle reports. It also comes as the company is in the process of acquiring a grammar- and style-checking platform, Outwrite.
  • Turning renters into owners: Christine provides an update on Landis, which raised $40 million in Series B funding. The company buys homes on behalf of clients while also providing a patch for them to build up their credit and eventually get a mortgage on the home they rent.
  • So, Apple had an event: Romain gives you a look at the new entry-level iPad that he says looks just like the iPad Pro. Alas, it’s also more expensive, but you get a larger screen. Priorities, amirite?

Startups and VC

Venture capital funds focusing on niche sectors are “in,” according to Connie, and Will Ventures is here for it. Christine reports that the low-flying, Boston-based venture outfit just tripled the size of its second fund to $150 million thanks to its approach of investing in sports technologies with the help of its community of athlete backers who help promote and grow the portfolio companies.

Turo, the peer-to-peer car-sharing platform that’s been described as the Airbnb for cars, will expand to Australia before the end of the year, Rebecca reports. Local car owners in all major cities, including Sydney, Perth, Melbourne and Brisbane, can join the waitlist on Turo’s website.

Okay, fine, have a few more:

News Drops from Disrupt

Crypto accelerator: Andreessen Horowitz’s Chris Dixon dishes to Anita about a “Crypto Startup School,” an inaugural accelerator program that will kick off next year in Los Angeles. He also provided more info on the firm’s recent giant investment in our favorite controversial founder, Adam Neumann.
Stealthy startup: Both Harri and Tim sat in on Ingrid‘s interview with Marc Lore, who disclosed a new sports ticketing startup that he is working on called Jump Platforms and provided some insight on the Diapers.com sale to Amazon, calling it a “forced transaction.”
On cloud nine: Netflix VP of Gaming Mike Verdu spoke to Amanda about opening a new gaming studio in SoCal and getting into cloud gaming.

Startup Battlefield

It’s Disruuuuuupt! We are so excited we can barely sit still. Here’s the first batch of Battlefield companies that pitched onstage on this fine California Tuesday — and if you’re curious, Neesha revealed the 20 companies that are presenting on the Disrupt Stage earlier today. Here’s the first batch that pitched today:

NXgenPort: A Saint Paul, Minnesota–based startup that’s looking to remotely monitor cancer patients in between doctor visits using a port catheter.

Omneky: Leverages OpenAI’s DALLE-2 and GPT-3 models to generate visuals and text that can be used in ads for social platforms.

Circular Genomics: Claims its new form of genetic testing can identify which medications will work for a patient in a fraction of that time.

Anthill: Connects frontline workers to company resources through text messaging.

AppMap: Was built on the simple idea that developers should be able to see the behavior of software as they write it so they can prevent problems when the software runs.

Mother Honestly: New commerce offering aims to give employees more freedom when it comes to caregiving spending.

Digest.ai: Beyond flash cards to create an AI dialogue assistant that we can all carry around on our phones.

Swap Robotics: Paving the way for electric solar vegetation cuts and sidewalk snow plowing.

Hormona: Hopes to encourage people with periods to do just that — add hormone-monitoring to their quantified health mix.

Staax: Thinks peer-to-peer payments can onboard a new generation of stock investors.

How to combine PLG and enterprise sales to improve the funnel and drive bottom-line growth

Six different drinking straws in a cup
Image Credits: Richard Drury (opens in a new window) / Getty Images

Products and services that sell themselves sound great, but product-led growth (PLG) startups still launch marketing campaigns and hire sales teams.

Combining PLG with traditional sales-led growth efforts can raise retention and acquisition to the next level, says Kate Ahlering, chief revenue officer at Calendly.

In this TC+ guest post, Ahlering lays out multiple strategies that will help teams implement a “hybrid GTM strategy,” which includes suggestions for leveraging PLG data and optimizing success metrics.

How to combine PLG and enterprise sales to improve your funnel

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!

Big Tech Inc.

We have even more for you from Apple’s surprise October event. Brian takes a look at the company’s new M2 iPad Pro, which got a refresh and arrives October 26. He talks about chips and inches, and a pencil…you get the picture.

Even more Apple for you to bite into:

Since we have all the Battlefield companies for your reading pleasure, here are just a few more:

More TechCrunch

General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston. GM’s CFO…

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These messaging features, announced at WWDC 2024, will have a significant impact on how people communicate every day.

At last, Apple’s Messages app will support RCS and scheduling texts

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Google is finally making its Gemini Nano AI model available to Pixel 8 and 8a users after teasing it in March.

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At WWDC 2024, Apple introduced new options for developers to promote their apps and earn more from them in the App Store.

Apple adds win-back subscription offers and improved search suggestions to the App Store

iOS 18 will be available in the fall as a free software update.

Here are all the devices compatible with iOS 18

The acquisition comes as BeReal was struggling to grow its user base and was looking for a buyer.

BeReal is being acquired by mobile apps and games company Voodoo for €500M

Unlike Light’s older phones, the Light III sports a larger OLED display and an NFC chip to make way for future payment tools, as well as a camera.

Light introduces its latest minimalist phone, now with an OLED screen but still no addictive apps

Since April, a hacker with a history of selling stolen data has claimed a data breach of billions of records — impacting at least 300 million people — from a…

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Diversity Spotlight is a feature on Crunchbase that lets companies add tags to their profiles to label themselves.

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Thanks to Apple’s newfound — and heavy — investment in generative AI tech, the company had loads to showcase on the AI front, from an upgraded Siri to AI-generated emoji.

The top AI features Apple announced at WWDC 2024

A Finnish startup called Flow Computing is making one of the wildest claims ever heard in silicon engineering: by adding its proprietary companion chip, any CPU can instantly double its…

Flow claims it can 100x any CPU’s power with its companion chip and some elbow grease

Five years ago, Day One Ventures had $11 million under management, and Bucher and her team have grown that to just over $450 million.

The VC queen of portfolio PR, Masha Bucher, has raised her largest fund yet: $150M

Particle announced it has partnered with news organization Reuters to collaborate on new business models and experiments in monetization.

AI news reader Particle adds publishing partners and $10.9M in new funding

The TechCrunch team runs down all of the biggest news from the Apple WWDC 2024 keynote in an easy-to-skim digest.

Here’s everything Apple announced at the WWDC 2024 keynote, including Apple Intelligence, Siri makeover

Mistral AI has closed its much-rumored Series B funding round, raising €600 million (around $640 million) in a mix of equity and debt.

Paris-based AI startup Mistral AI raises $640M

Cognigy is helping create AI that can handle the highly repetitive, rote processes center workers face daily.

Cognigy lands cash to grow its contact center automation business

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved…

ChatGPT: Everything you need to know about the AI-powered chatbot

Featured Article

Raspberry Pi is now a public company

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate.

7 hours ago
Raspberry Pi is now a public company

Hello and welcome back to TechCrunch Space. What a week! In the same seven-day period, we watched Boeing’s Starliner launch astronauts to space for the first time, and then we…

TechCrunch Space: A week that will go down in history

Elon Musk’s posts seem to misunderstand the relationship Apple announced with OpenAI at WWDC 2024.

Elon Musk threatens to ban Apple devices from his companies over Apple’s ChatGPT integrations

“We’re looking forward to doing integrations with other models, including Google Gemini, for instance, in the future,” Federighi said during WWDC 2024.

Apple confirms plans to work with Google’s Gemini ‘in the future’

When Urvashi Barooah applied to MBA programs in 2015, she focused her applications around her dream of becoming a venture capitalist. She got rejected from every school, and was told…

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Slack CEO Denise Dresser is speaking at TechCrunch Disrupt 2024.

Slack CEO Denise Dresser is coming to TechCrunch Disrupt this October

Apple kicked off its weeklong Worldwide Developers Conference (WWDC 2024) event today with the customary keynote at 1 p.m. ET/10 a.m. PT. The presentation focused on the company’s software offerings…

Watch the Apple Intelligence reveal, and the rest of WWDC 2024 right here

Apple’s SDKs (software development kits) have been updated with a variety of new APIs and frameworks.

Apple brings its GenAI ‘Apple Intelligence’ to developers, will let Siri control apps

Older iPhones or iPhone 15 users won’t be able to use these features.

Apple Intelligence features will be available on iPhone 15 Pro and devices with M1 or newer chips

Soon, Siri will be able to tap ChatGPT for “expertise” where it might be helpful, Apple says.

Apple brings ChatGPT to its apps, including Siri

Apple Intelligence will have an understanding of who you’re talking with in a messaging conversation.

Apple debuts AI-generated … Bitmoji

To use InSight, Apple TV+ subscribers can swipe down on their remote to bring up a display with actor names and character information in real time.

Apple TV+ introduces InSight, a new feature similar to Amazon’s X-Ray, at WWDC 2024