January 17, 2024

AI versus SaaS, EV charging, and a new $250M fund

11 minutes

Here’s what we got into this morning:

Vertice raises $25M: The bet here is that companies are willing to pay to have another company, Vertice in this case, to help them find savings in their existing software and cloud spend.

Electra snags $330M: Charging EVs is big business, and Electra is wagering that building out its own charging network will pay dividends for a long time into the future.

Build a Rocket Boy collects $110M: This is a big round for a company with unlaunched gaming titles. That said, it must have a few super-cool things cooking to raise that kinda of cash in today’s market.

We also looked at rounds from Onera, Weavix, Long Story Short, and Xyte. There’s a lot going on!

Thomvest raises new fund: Another day, another new fund, that’s the $250 million Thomvest story.

We closed with what could be good news for African startups. And with that, we’ll see you back here bright and early on Friday!

For episode transcripts and more, head to Equity’s Simplecast website.

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Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

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By TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

4.2

333333 ratings