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Supply chain startup Interos lands new customers, cash

Each year, supply chain disruptions cost the global economy trillions of dollars. In a recent McKinsey poll, nine in ten businesses said they had encountered logistics challenges over the past 12 months. Headwinds have only grown stronger as chaos reigns in key shipping corridors. Attacks on freighters continue in the Red Sea. Flooding is disrupting […]

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Flock Safety paid over $300M for 17-month-old drone startup Aerodome

Last week, police surveillance startup Flock Safety announced that it had bought drone startup Aerodome. The acquisition price was over $300 million, according to sources in the venture world. The number has not been previously reported.  Both Flock Safety and Aerodome are backed by Andreessen Horowitz and have raised over $680 million and $28 million,

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Andreessen Horowitz helps founders meet compute needs with ‘Oxygen’ private GPU cluster

Andreessen Horowitz has a massive cluster of Nvidia H100 GPUs to help its portfolio of AI startups meet their compute needs, the venture capital firm confirmed for the first time on Wednesday. The program, called “Oxygen”, allows their portfolio companies to train or operate their AI models without negotiating market rates. A16Z’s Oxygen cluster gives

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Fixify blends automation and human analysts to tackle IT problems

Matt Peters has spent more than a decade working for cybersecurity vendors. He was a team lead at Check Point, climbed the corporate ladder to VP of worldwide operations at FireEye, and spent over four years at Expel, a managed detection and response firm, as chief product officer. Peters says a surprising common thread ran

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Cement startup Furno lands $20M grant to build low-carbon micro-kilns in Chicago

Cement startup Furno will receive a $20 million grant from the Department of Energy, funds that will help the company build up to eight micro-kilns at a concrete plant in Chicago.  Chicago might not seem like the sort of place where cement is hard to come by. But with the nearest kiln 100 miles away,

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Ex-SpaceX engineers land $14M to scale new method for 3D printing metal

3D printing objects using metal is a well-established technique, but it tends to be too complex, expensive, or imprecise to match traditional methods at scale. Armed with $14 million from Nvidia and Boeing, Freeform aims to change that, building a new metal additive printing process that they say changes the game — and yes, there’s

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Interface.ai raises $30M to help banks field customer requests

Interface.ai, a customer automation platform for banks and other financial institutions, today announced that it closed a $30 million funding round led by Avataar Venture Partners. $20 million of the round was equity, while the remaining $10 million was in the form of debt. It’s Interface’s first outside capital; the startup had been completely bootstrapped.

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As Ozlo’s Sleepbuds go on sale, company raises funds for tinnitus treatment

Bose gave up on Sleepbuds after two generations. It was a sad, premature end for a promising product. The headphone maker came closer to creating a truly great pair of sleep headphones than anyone else. Ultimately, however, it seems the company was no longer interested in pursuing the product, which proved a major setback for

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Turnover Labs is helping chemical plants to reuse their waste CO2

As petrochemical plants and other emitters look to reduce emissions, they’re finding that sopping up and storing all the carbon dioxide they produce doesn’t come cheap. First they have to capture it, an energy-intensive process that requires specialized equipment. Then they have to transport it and stash it away, which can be tricky depending on

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Socket lands a fresh $40M to scan software for security flaws

The software supply chain, which comprises the components and processes used to develop software, has become precarious. According to one recent survey, 88% of companies believe poor software supply chain security presents an “enterprise-wide risk” to their organizations. Open source supply chain components are especially fraught, thanks to the logistical hurdles in keeping each component well-maintained.

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