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Hyundai’s electric air taxi startup Supernal is moving its HQ from DC to California

Transportation /

Hyundai’s electric vertical takeoff and landing startup Supernal is shifting its global headquarters from Washington, D.C. to Irvine, California and asking around three dozen of workers to relocate, TechCrunch has learned. The company told TechCrunch about 5% of its total workforce — roughly 35 to 40 people — are being asked to relocate to California. […]

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Microsoft’s M12 invests another $22.5M into NueBird, months after its $100M valuation seed round

Enterprise /

Late last year, Goutham Rao and Vinod Jayaraman founded NueBird to automate IT site reliability operations tasks with generative AI. Having sold their previous cloud-native storage startup, Portworx, to PureStorage for $370 million, the pair was well-versed in the IT challenges faced by today’s enterprises. “It’s very hard to find good site reliability engineers. There’s

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Microsoft’s M12 invests another $22.5M into NeuBird, months after its $22M seed round

Startups /

Late last year, Gou Rao and Vinod Jayaraman founded NeuBird to automate IT site reliability operations tasks with generative AI. Having sold their previous cloud-native storage startup, Portworx, to PureStorage for $370 million, the pair was well-versed in the IT challenges faced by today’s enterprises. “It’s very hard to find good site reliability engineers. There’s

Microsoft’s M12 invests another $22.5M into NeuBird, months after its $22M seed round Read More »

Green ammonia startup Amogy is trying to raise $90M to reduce truck pollution

Fundraising /

Green ammonia startup Amogy has raised $11.2 million of a targeted $90 million round, an SEC filing reveals. The new round’s target is significantly smaller than its last round — a $139 million Series B-1 that was announced in March 2023 — highlighting the challenges that middle-stage climate startups face today when trying to attract

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Electrified Thermal Solutions has a plan to help industry replace natural gas with bricks

Fundraising /

Getting rid of fossil fuels is relatively simple for some things. Housing? Replace furnaces with heat pumps. Cars and light trucks? Ditch internal combustion for batteries and electric motors. Yet for many industries like cement, steelmaking, and more, it’s hard to replace the heating power of fossil fuels. But Dan Stack thinks bricks have a

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Flare raises $30M to thwart info-stealers like those used on Snowflake customers

Startups /

Cybercrime became easier in 2024 with the rise of info-stealer malware, or software that collects login credentials. Instead of breaking into target networks using vulnerabilities, hackers can just log in with those stolen credentials. They don’t even have to steal them themselves, but can buy them on the dark web. IBM’s 2024 X-Force Intelligence report

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ElevenLabs’ AI voice generation ‘very likely’ used in a Russian influence operation

AI /

Generative AI has a plethora of well-documented misuses, from making up academic papers to copying artists. And now, it appears to be cropping up in state influence operations. One recent campaign was “very likely” helped by commercial AI voice generation products, including tech publicly released by the hot startup ElevenLabs, according to a recent report

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Stainless helps build SDKs for OpenAI, Anthropic, and Meta

Fundraising /

Devs expect tech vendors to supply software development kits, or SDKs, alongside their products to make it easier to create apps using those products. But many vendors only offer APIs, which are simply protocols that enable software components to communicate with each other. Alex Rattray, the founder of Stainless, thinks AI can assist, here. Stainless

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A new wave of desalination startups argues that deeper is better

Climate /

It’s a cruel reality that only about 3% of the world’s water is fresh, and of that, only a fraction is readily available. Yet as the world’s arid regions encounter intensifying droughts, more people are eyeing the other 97% that’s sloshing around in the oceans. Islands, cities, and water districts have been using desalination to

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Nexalus has a new method for liquid-cooling data centers that could make the waste heat useful

Enterprise /

As data center power demand surges, tech companies are looking for ways to trim electricity use wherever they can. Cooling is an obvious place to start, since it can account for around 40% of a data center’s energy consumption, according to McKinsey. Most data centers are cooled by blowing chilled air through their servers. The

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