Startups

‘Utopian’ city California Forever announces huge tech manufacturing park 

Startups /

California Forever announced on Thursday plans to build a massive manufacturing park called Solano Foundry, the newest addition to its master-planned “utopian” city backed by a group of Silicon Valley billionaires. Solano Foundry is 2,100 acres that can host 40 million square feet of advanced tech manufacturing space. The manufacturing park will be built as […]

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Hadrian raises $260M to build out automated factories for space and defense parts

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Investors are continuing to rally behind the call to reindustrialize American industry, this time by building out a $260 million war chest for automated manufacturing startup Hadrian to scale its factory footprint and make even more machine parts. Hadrian’s aim is to modernize American manufacturing by leveraging advance automation to deliver mass-produced parts for aerospace

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Boulevard raises $80M to power self-care boom driven by Botox and GLP-1 surge

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The beauty industry has seen an explosion of offerings recently. Customers can now access treatments far beyond basic hair and nail care, from wrinkle-smoothing Botox and fillers to permanent laser hair removal and even weight management through GLP-1 medications. Riding this wave of industry growth is Boulevard, a provider of scheduling and payment software for

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Transit software startup Via confidentially files for an IPO

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Via, the transit software startup that garnered attention for its consumer-facing on-demand shuttle service, said it has filed confidentially for an initial public offering. Via has been batting around plans for an IPO for years. The company filed confidentially for an IPO in 2021, but never took the next official and regulatory steps to enter

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Auriga Space raises $6M to shoot rockets off an electromagnetic launch track

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While U.S.-based companies are launching more payloads into orbit than ever before, they’re still limited by the inefficiency of conventional rockets. With rockets, most of the weight is in the propellant, not the payload, and a huge portion of it is burned simply battling Earth’s gravity and atmosphere.  Auriga Space is aiming to change the

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AI leadership development platform Praxis Labs sells to Torch

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Praxis Labs, a learning development platform, announced its acquisition on Thursday for an undisclosed amount by the leadership and coaching enterprise Torch.  “As a small company with fewer than 20 people serving companies as large as Amazon, we knew we needed to build powerful partnerships, across product and go-to-market, to reach more companies,” co-founder and

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Goldman Sachs is testing viral AI agent Devin as a ‘new employee’

Startups /

Cognition’s AI coding agent Devin has scored a major customer: Goldman Sachs, the bank’s CIO, Marco Argenti, told CNBC. “We’re going to start augmenting our workforce with Devin, which is going to be like our new employee,” Argenti told the outlet, adding that it plans to roll out hundreds of instances of Devin, potentially growing

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