TechCrunch AI
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1 day ago
Rime, a voice AI startup founded in 2022, raised $24 million in Series A funding led by M13 Ventures to develop conversational AI systems for enterprise customer service calls. The company operates a recording studio in San Francisco to train models on proprietary conversational data and now focuses on speech-to-speech models with latency reductions rather than orchestrating multiple separate models. Rime plans to expand its 35-person team and aims to capture enterprise contracts from companies that currently rely on legacy interactive voice response systems.
TechCrunch AI
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1 day ago
Reelful, an iOS app founded by former Snapchat engineer Kate Deyneka, automatically generates short-form social media videos by converting photos and video clips into polished TikTok- and Instagram Reels-style content. The app costs $15 for five videos as a one-time purchase, or ranges from $25 to $100 monthly for subscription plans offering 10 to 60 videos. Users can now create social content without manually selecting clips, recording voiceovers, or editing, though the app is currently iOS-only with Android and web versions planned for the future.
TechCrunch AI
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1 day ago
Emergent, an Indian AI coding startup, raised $130 million in Series C funding at a $1.5 billion valuation, achieving unicorn status five months after its previous $70 million raise. The company reported $120 million in annual run-rate revenue with over 200,000 paying customers, up 70% in the last four months. Emergent plans to accelerate product development, expand its San Francisco office by 30 to 40 employees, and open a European office to support growth across non-technical users building business applications.