Lumen Orbit has closed an oversubscribed, eight-figure seed round of more than $10 million, a source familiar with the details told TechCrunch. That would make it one of the hottest deals, if not the hottest deal, of the most recent Y Combinator batch. The Redmond, Washington-based startup is pursuing a moonshot idea to build a […]
Lumen Orbit closed one of the biggest rounds from Y Combinator’s last cohort Read More »
Electric motorcycle company Zero is in the process of closing a new funding round for a little bit more than $120 million, according to a filing with the U.S. Securities and Exchange Commission. The filing shows that Zero has sold around $100 million of the equity round so far from two undisclosed investors. The company
Zero Motorcycles is raising $120 million Read More »
Gut health isn’t the most glamorous of topics, but as many as 1 in 10 people regularly suffer from gastric symptoms like nausea, bloating, or cramping after eating. Figuring out exactly what’s causing stomach misery is not easy without invasive tests. But New Zealand-based startup Alimetry has developed a wearable device that can speed up
Enterprises have a data inventory problem. The amount of data they’re collecting and storing is increasing, and that data is being spread across disparate storage buckets. Yet many organizations rely on processes that essentially amount to pencil-and-paper methods for tracking data provenance. According to one survey, more than 50% of companies use Excel spreadsheets in
Concentric helps companies keep track of their sensitive data Read More »
When U.K. custom electric car creator RBW showed off its Roadster and GT models at Monterey Car Week this year, the vehicles stunned a lot of attendees, CEO Peter Swain recently told TechCrunch. “We had four ‘wows,’ where people would go: ‘Wow, that’s beautiful. Wow, look at the interior. Wow, is it really brand new?’
This new UK startup is building classic-style cars with a modern EV twist Read More »
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
Supply chain startup Interos lands new customers, cash Read More »
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,
Flock Safety paid over $300M for 17-month-old drone startup Aerodome Read More »
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
Andreessen Horowitz helps founders meet compute needs with ‘Oxygen’ private GPU cluster Read More »
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
Fixify blends automation and human analysts to tackle IT problems Read More »
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,
Cement startup Furno lands $20M grant to build low-carbon micro-kilns in Chicago Read More »
