Tuesday, September 3, 2024

Zilch says it made an operating profit in July 2024, hitting profitability within four years of its founding date, and crossed £100M in annual revenue run rate (Ryan Browne/CNBC)

Ryan Browne / CNBC:
Zilch says it made an operating profit in July 2024, hitting profitability within four years of its founding date, and crossed £100M in annual revenue run rate  —  British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone …



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London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series A, sources say at a $500M+ post-money valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch : London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series ...