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Concentric helps companies keep track of their sensitive data

Fundraising /

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 […]

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This new UK startup is building classic-style cars with a modern EV twist

Transportation /

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?’

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Supply chain startup Interos lands new customers, cash

Startups /

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

Startups /

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

Venture /

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

Fundraising /

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

Government & Policy /

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

Startups /

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

Fundraising /

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

Startups /

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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