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Outmarket AI, a newly launched intelligence platform designed to transform the commercial insurance sector, has raised $4.7m in a seed funding round.The investment was led by Fika Ventures, with additional participation from TTV and Dash Fund.The capital injection is expected to accelerate Outmarket AI’s product development, grow its team, and strengthen strategic partnerships with leading brokers and insurance carriers.The company, which was founded by experts in both InsurTech and artificial intelligence, has created a platform that directly integrates into the existing workflows of brokers and carriers. By embedding AI-powered automation and real-time insights into these processes, Outmarket AI aims to…

Caddi, a professional services automation platform, has raised $5m in seed funding to advance its innovative “record-to-code” technology.The seed round was led by Ubiquity Ventures, with participation from Founders’ Co-op and the AI2 Incubator.Caddi is focused on transforming the way professional services firms — including law firms, financial advisors, accountants, and consultants — handle repetitive administrative tasks. The company’s platform allows firms to automate their workflows.At the core of Caddi’s offering is its “record-to-code” approach, which enables professionals to turn basic screen recordings into fully functional, API-driven automations. This allows firms to automate processes such as client intake, document management,…

Episode Six, a global provider of ledger and card infrastructure solutions, has secured a strategic investment from Japan Airlines, a long-time partner of the company since 2017.The investment amount has not been disclosed.Episode Six specialises in providing enterprise-grade payments technology, offering flexible and adaptable ledger and card infrastructure designed for financial institutions, FinTech firms, and consumer-facing brands.The new capital injection will allow Episode Six to enhance its product offering and further support Japan Airlines’ financial services strategy. This includes the continued development of JAL Pay, Japan Airlines’ core payments solution, which is already integrated into its wider customer ecosystem.The partnership…

PARIS (AP) — To a futuristic backdrop of interlocking squares — like an intergalactic Super Bowl — designer Ib Kamara delivered a fierce, urban-feeling collection at Paris Fashion Week. Off-White’s signature fusion of utility, streetwear, and high concept was on full display, this time exploring uniforms as both a symbol of unity and individuality. The brand’s name itself — coined by founder Virgil Abloh — was meant to represent the space between black and white, a metaphor for the blurred lines between luxury and streetwear, exclusivity and accessibility.Structured shoulders, a Kamara staple, gave both men’s and women’s looks a sense…

LinkedIn posts nobody reads? Fix these 5 mistakes to get noticed getty Average posts just don’t cut it anymore on LinkedIn. In 2011 you could post how you were “delighted to announce” something or how it was “amazing to meet” someone and your contacts would hit “like.” Not in 2025. You have to entertain. You have to educate. You have to share pictures, videos and carousels. If you’re not playing the game, you’re losing. I more than quadrupled my LinkedIn following from 7k to 30k in 2024 by following a clear system. My AI for Coaches newsletter gained 8,000 subscribers…

There seems to be a new, more impressive AI model every week. Given the rapid pace, how can founders best position themselves to build on top of this technology? At TechCrunch Sessions: AI, on June 5 in Zellerbach Hall at UC Berkeley, we’ll host a panel on “How Founders Can Build on Existing Foundational Models” to answer some existential questions facing AI startups. We’re thrilled to have leaders from Google DeepMind, Cohere, and Twelve Labs — three companies at the forefront of AI model development — to help us answer some of these questions. Attendees can hear straight from the…

PayBright, a merchant services provider, has announced a strategic investment in Figure, a point-of-sale (POS) software solutions provider.The deal sees PayBright become Figure’s largest investor and its exclusive payment processing partner going forward.The financial terms of the investment were not disclosed, but PayBright confirmed that the partnership will significantly expand Figure’s reach by tapping into PayBright’s national network of more than 800 merchant services agents, independent sales organisations (ISOs), and brokers. This network is expected to play a pivotal role in driving Figure’s growth and market presence.Figure offers a cloud-based POS platform designed to streamline operations for restaurants and small…

A day after quietly removing Biden-era AI policy commitments from its website, Anthropic submitted recommendations to the White House for a national AI policy that the company says “better prepare[s] America to capture the economic benefits” of AI. The company’s suggestions include preserving the AI Safety Institute established under the Biden administration, directing NIST to develop national security evaluations for powerful AI models, and building a team within the government to analyze potential security vulnerabilities in AI. Anthropic also calls for hardened AI chip export controls, particularly restrictions on the sale of Nvidia H20 chips to China, in the interest…

As AI companies race to improve the accuracy of large language models (LLMs) and apps built on top of them, a startup that has emerged as a key partner in that effort is announcing a significant round of funding. Turing, which works with armies of engineers to contribute code to AI projects — including assisting in the building of LLMs for OpenAI and others, as well as creating generative AI apps for enterprises — has secured a $111 million Series E round, doubling its valuation to $2.2 billion.  Turing currently generates around $300 million in ARR (annualized revenue run rate),…

The House of Representatives has passed a bill aimed at requiring federal contractors to have a vulnerability disclosure policy (VDP). The Federal Contractor Cybersecurity Vulnerability Reduction Act of 2025 instructs the Office of Management and Budget (OMB) to consult with CISA, the Office of the National Cyber Director, NIST, and other relevant departments, and require federal contractors to have a VDP that is consistent with NIST guidelines.  The bill also instructs the Defense Department to require defense contractors to adopt similar policies.  The goal is to make it easier for individuals and companies who find vulnerabilities in contractors’ systems to…