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Crown’s €2M for smarter deals

DeepSeek takes on tech giants and SaaS events shaping the future!

February 04, 2025

Welcome to SaaS Wire — your backstage pass to the hottest in software and services!

What we’ll cover today:

✅ Crown’s €2M funding—AI-powered procurement is here!

✅ DeepSeek’s AI breakthrough—should big tech be worried?

✅ Must-attend SaaS events—what’s trending next?

Crown, a startup blending artificial intelligence with procurement, has raised €2 million to transform how businesses negotiate deals.

🚨 Breaking News:
Crown's €2 million funding round, led by Heartfelt, aims to enhance procurement through AI-driven negotiations and eAuctions.

⚡ Wire Simplified:

  • Crown is a startup using AI to improve how companies buy goods and services.

  • They received €2 million from investors, including Heartfelt and Kima Ventures.

  • The funding will help Crown develop tools for better business negotiations.

  • Their goal is to make buying processes faster, smarter, and more efficient.

✔️ Straight to the Point:
Crown's new funding will boost AI tools in procurement, aiming to make business buying smarter and more efficient.

DeepSeek, a Chinese AI startup, has developed a powerful and affordable AI model, shaking up the tech industry.

🚨 Breaking News:
DeepSeek's new AI model rivals top competitors at a lower cost, causing major tech companies to reassess their strategies.

⚡ Wire Simplified:

  • DeepSeek created an AI model that's as good as leading ones but cheaper to make.

  • This development surprised big tech companies, leading to stock market changes.

  • DeepSeek's success shows that smaller companies can compete with industry giants.

  • The AI model is open-source, meaning anyone can use or modify it.

✔️ Straight to the Point:
DeepSeek's affordable AI model challenges big tech, highlighting the potential for innovation from smaller companies in the AI field.

❝

way back on friday, the high score on "humanity's last exam" was o3-mini-high at 13%. now on sunday, deep research gets 26.6%.

❝

Gemini will benefit the MOST from R1

DeepSeek exposed some clever techniques to implement thinking

Techniques when applied on Google scale data may help Gemini beat OpenAI

Customer Success Summit 2025
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Date: September 2025 | Location: San Francisco, CA, USA

Check it out here

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