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Mitico raises $4.3M seed round to capture CO2 using ‘prehistoric chemistry’

The world is in a pickle: Human activity continues to dump too much CO2 into the atmosphere, raising the risk of catastrophic global warming. At the same time, the most climate-friendly way to keep using fossil fuels, carbon capture, has hit a rough patch. Only around 40 facilities worldwide are capturing some of the carbon […]

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Flexport releases onslaught of AI tools in a move inspired by ‘founder mode’

Freight forwarding and logistics company Flexport is rolling out a suite of new products and features, many of which use AI, in what the company says will be the first in a series of semi-annual announcements of this kind.  If that sounds similar to Airbnb’s approach to seasonal product announcements, that’s because it was the

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Electric aircraft founder Kyle Clark threw out the Silicon Valley playbook

On a cool morning last November, 800 people gathered before sunrise in a South Burlington hangar to witness the maiden flight of Beta Technologies’ first electric aircraft to be built on its new scaled production line. Kyle Clark, Beta’s enigmatic founder and CEO, piloted the Alia CX300 — one of the startup’s two aircraft models

Electric aircraft founder Kyle Clark threw out the Silicon Valley playbook Read More »

Electric aircraft founder Kyle Clark threw out the Silicon Valley playbook

On a cool morning last November, 800 people gathered before sunrise in a South Burlington hangar to witness the maiden flight of Beta Technologies’ first electric aircraft to be built on its new scaled production line. Kyle Clark, Beta’s enigmatic founder and CEO, piloted the Alia CX300 — one of the startup’s two aircraft models

Electric aircraft founder Kyle Clark threw out the Silicon Valley playbook Read More »

After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. 

After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO Read More »

Elon Musk staffer created a DOGE AI assistant for making government ‘less dumb’

A senior Elon Musk staffer has created a custom AI chatbot that purports to help the Department of Government Efficiency eliminate government waste and is powered by Musk’s artificial intelligence company xAI, TechCrunch has learned. The chatbot, which is publicly accessible, is hosted on a DOGE-named subdomain on the website of Christopher Stanley, who works

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