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Solar startup Niko is building Mexico’s first virtual power plant

Climate /

When Edoardo Dellepiane and Raffaele Sertorio founded Niko Energy in 2023, they saw ample opportunity in Mexico’s underdeveloped solar market. Despite the fact that many parts of the country are bathed in sunlight, it has strikingly few solar installations. After more than a year of helping solar installers sell, plan, and finance panels for residential […]

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Meteomatics eyes U.S. expansion for its enterprise-focused weather forecasting tools

AI /

Martin Fengler knows a lot about the weather. Fengler got his Ph.D. in mathematics, focused on numerical weather prediction, before working for Meteomedia AG, a network of weather stations in Switzerland and Germany. But while he knew a lot about weather forecasting from the prediction side, he realized the gaps that remained on the consumption

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Formance raises $21M to build the AWS for fintech infrastructure

Startups /

If you talk to a fintech entrepreneur about their business, chances are they’ll end up talking about ledger issues at some point. A ledger is a record of money movements that serves as the source of truth for financial assets, but when a company starts having multiple bank accounts, payment processors and funds spread across

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Automattic and others back Openvibe, an app that’s unifying the open social web

Apps /

Openvibe’s clever app that integrates multiple open social networks including Bluesky, Mastodon, Nostr, and Threads, just got a boost toward its future development. The company on Tuesday announced that it has received outside investment of $800,000 in a round led by Czech Founders VC, which includes backing from WordPress.com and Tumblr parent company, Automattic, as

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This founder was worried about his mother slipping — so he created sensors to detect falls

Fundraising /

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

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Atomicwork gets backing from Khosla for its AI alternative to old-school IT software like ServiceNow

AI /

Atomicwork, a SaaS startup led by Indian founders, has raised $25 million in a fresh investment round backed by Khosla Ventures, as it plans to scale and deploy AI agents to simplify communication and service delivery between employees and their enterprises. Amid growing digital adoption, enterprises struggle to natively provide quick support and easy access

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Former Intel CEO Pat Gelsinger is already using DeepSeek instead of OpenAI at his startup, Gloo

AI /

DeepSeek’s new open source AI reasoning model, R1, sparked a sell-off of Nvidia’s stock and caused its consumer app to soar to the top of the app stores. Last month DeepSeek said it trained a model using a data center of some 2,000 of Nvidia’s H800 GPUs in just about two months at a cost

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Hackers are targeting machine identities. Token Security just raised $20M to stop them

Startups /

The number of machine identities is booming thanks to the growth of cloud and AI – and it’s posing real security problems by giving hackers way more entry points than ever before. For example, a 2023 hack of authentication app Okta was caused by exploiting a service account while in 2024, Microsoft disclosed a major

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Lydian can make aviation fuel wherever there’s CO2 and electricity

Climate /

Jet fuel is a modern wonder, allowing commercial airplanes to carry hundreds of passengers halfway around the world and military aircraft to regularly break the speed of sound. Yet jet fuel as we know it might be on the chopping block as the world strives to eliminate greenhouse gas emissions. Commercial aviation is responsible for

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2025 will likely be another brutal year of failed startups, data suggests

Startups /

More startups shut down in 2024 than the year prior, according to multiple sources, and that’s not really a surprise considering the insane number of companies that were funded in the crazy days of 2020 and 2021.  It appears we’re not nearly done, and 2025 could be another brutal year of startups shutting down. TechCrunch

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