When it comes to the world of cybersecurity, identity is often thought of as a “perimeter” around an organization. So many breaches begin through techniques like password theft, phishing, and credential stuffing; ergo, securing the identities of not only users, but also applications and machines, is the key to securing the whole system. Easier said […]
Clutch grabs $20M to build out its non-human security ID platform Read More »
Until a few years ago, it used to be difficult to make payments across borders almost anywhere in the world. But it’s still a big problem in Africa, where fragmented, disconnected systems, high fees, and poor infrastructure make it tough for businesses and individuals to move money quickly and affordably. The majority of people and
SoftBank is negotiating a $500 million investment in Skild AI, a software company building a foundational model for robotics at a $4 billion valuation, Bloomberg and Financial Times reported. The two-year-old company raised its previous funding round of $300 million at a $1.5 billion valuation last July from investors including Jeff Bezos, Lightspeed Venture Partners,
SoftBank to invest $500M in robotics startup SkildAI Read More »
Geek Ventures is raising a Fund II, according to a recent SEC filing. The firm, founded in 2021 by Ihar Mahaniok, focuses on investing in early-stage immigrant founders. Mahaniok immigrated to the U.S. from Belarus and spoke to TechCrunch a few years ago about how hard the venture ecosystem can be for immigrants. “Talent is
Falls are common for older people living semi-independently. According to the CDC, they’re the leading cause of injury for adults aged 65 and up. On average, about 10% of these falls are serious, requiring medical attention. Yet many fall victims don’t get the treatment they need. George Netscher, a software developer by training, watched his
Quantum computing remains something of a holy grail in the world of technology: it promises a huge leap in computing power, but only if someone can figure out how to square away the fault rates that prevent any scaling of the tech. Now, one of the more promising quantum startups in Europe is announcing a
Alice&Bob raises $104M, says quantum computers based on cat qubits will be ready by 2030 Read More »
Few fusion startups have been as closely watched as Helion. The 12-year-old company is backed by Sam Altman, rumored to be in talks with OpenAI, and has a deal to supply Microsoft with electricity by 2028 — years earlier than its competitors. The company’s unorthodox approach to fusion power and relative secrecy has earned it
Helion raises $425M to help build a fusion reactor for Microsoft Read More »
Barcelona-based business travel management platform TravelPerk has raised $200 million at a hefty $2.7 billion valuation — almost double the $1.4 billion valuation at its previous fundraise last year. Alongside the raise, TravelPerk also announced it has acquired Swiss startup Yokoy to bring native expenses management into the fray. With the travel and tourism industry
TravelPerk raises $200M as valuation nearly doubles to $2.7B Read More »
LinkedIn founder Reid Hoffman and Siddhartha Mukherjee, cancer researcher and author of the book “The Emperor of All Maladies,” have co-founded an AI-powered drug discovery startup, Manas AI. The company, which will initially focus on breast cancer, prostate cancer, and lymphoma, has raised $24.6 million in seed funding from Hoffman, General Catalyst, and Greylock. Manas
Reid Hoffman’s Manas AI raises $24.6M, a fraction of other AI drug discovery startups Read More »
Companies that want to build AI voice into their products are rushing to work with ElevenLabs, the startup that develops synthetic voice technology like voice cloning and dubbing tools. Now ElevenLabs is turning up the volume on its business with a huge series C raise, just a year after a sizable series A. The New
ElevenLabs has raised a new round at $3B+ valuation led by ICONIQ Growth, sources say Read More »
