Fundraising

C-Zero is raising $18M to make emission-free hydrogen using natural gas, filings reveal

Fundraising /

Hydrogen startup C-Zero has raised $5 million of an $18 million funding round, according to an SEC filing. The company is developing a way to strip hydrogen from methane without emitting carbon dioxide. The resulting hydrogen can be used in a range of industries today, including ammonia and petrochemical production, and potentially others in the […]

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Endolith is using ‘Olympic caliber’ copper microbes to address the copper shortage

Fundraising /

Copper is critical to the energy transition away from fossil fuels. The metal is an excellent conductor of electricity, used in everything from electric vehicles to wind turbines. But by the end of the decade, the International Energy Agency expects copper supplies to fall 20% short of demand. One stealthily operating startup thinks it can

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Portex founder Brittany Ennix learned the importance of supply chains from Uber and Flexport

Fundraising /

Brittany Ennix first became interested in supply chains as a child.  Her grandfather worked for the Ford glass manufacturing plant, where she says he gave her an appreciation for the complexity of building something. When Ennix moved to Silicon Valley and worked for Uber and later Flexport, her fascination for the industry grew, until she

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Sedric monitors the communications of employees at financial institutions to ensure compliance

Fundraising /

For financial institutions, complying with regulations is becoming a costlier proposition. According to a recent poll, 76% of financial services firms increased their compliance expenditure from 2022 to 2023, with most blaming new laws. With the cost of compliance averaging out to around $10,000 per employee these days, many firms are searching for ways to

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As remote working keeps rolling, Oyster raises $59M Series D at $1.2B valuation

Fundraising /

No one is putting the remote working genie back in the bottle. Which is good news for Oyster, a payroll and HR platform that specializes in distributed workforces – or “global employment” as its marketing paints it. The 2019-founded U.S. startup has just closed a $59 million Series D funding round led by Silver Lake

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Slauson & Co. raises $100M Fund II proving appetite for inclusion persists

Fundraising /

VC firm Slauson & Co. has closed a $100 million Fund II, a big step up from its initial $75 million fund.  “We invest in everybody,” Ajay Relan, partner at Slauson & Co., told TechCrunch, adding that the firm wants to make sure all perspectives are included in its products and services. Companies in its

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Ilya Sutskever’s startup, Safe Superintelligence, raises $1B

Fundraising /

Safe Superintelligence (SSI), the AI startup co-founded by former OpenAI chief scientist Ilya Sutskever, has raised over $1 billion in capital from investors including NFDG (an investment partnership run by Nat Friedman and SSI CEO Daniel Gross), a16z, Sequoia, DST Global and SV Angel. SSI told Reuters that it plans to use the tranche to

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From their experiences at Uber and PayPal, Palm founders want to make moving cash easier for big companies

Fundraising /

At Uber, Gurjit Pannu remembers moving billions in cash across bank accounts globally, realizing almost immediately the importance of effective cash flow management.  Christian Sobkowski, meanwhile, recalls his days working in financial services, most notably at PayPal, where helped expand the company’s business across Europe. It’s no wonder then, that the two decided to come

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BigEndian founders hope to use their deep chip experience to help establish India in semiconductors

Fundraising /

India, despite being home to 20% of the world’s chip designers, lacks a significant presence in the global semiconductor market. However, in recent months, the Indian government has begun investing in an effort to establish the country in semiconductors, as companies worldwide have adopted a “China-plus-one” strategy, seeking alternatives to China. BigEndian Semiconductors aims to

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