Author: dweetleapp
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Redwire Awarded $44 Million DARPA Contract to Advance Very Low-Earth Orbit Mission
We use cookies to ensure that we give you the best experience on our website. Choosing “Accept All” will allow us to give you the best possible experience. Selecting “Deny All” or withdrawing consent may adversely affect your experience. We do not sell your data or share any personally identifiable information. [Privacy Policy] The technical read more
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Dost launches in UK with £6M Series A led by Octopus Ventures
London-based Dost, an AI-powered financial automation platform, has closed a £6 million Series A round led by Octopus Ventures and officially launched in the UK market. The round also included participation from new investor TQ Ventures, as well as continued support from existing backers such as Draper B1, Born Capital and Eoniq.fund. Co-founded in 2021 read more
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Deblock secures €30M Series A to expand on-chain banking in Europe
French crypto-banking startupDeblockhas secured €30 million in Series A funding led bySpeedinvest, alongsideCommerzVenturesandLatitude. Existing investors 20VC, Headline, Chalfen Ventures, and Kraken Ventures also participated in the round. Deblock offers a fully on-chain banking solution in Europe that combines features of a traditional bank account with on-chain self-custody. By linking a euro current account with a read more
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Integral acquires cleverlohn and secures funding to advance its AI accounting and payroll platform
Berlin-based Integral, an AI-powered services company focused on accounting, tax and payroll for SMEs, has acquired cleverlohn, a digital payroll and HR provider in Germany. The acquisition expands Integral’s AI-based offering and represents a step in its strategy to build a leading AI-first advisory firm in accounting, tax and payroll in Europe. Integral has also read more
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Europe at a “crossroads” as it is called to power its first trillion-euro tech company
Europeis at a “crossroads” and has not realised its full potential, according to leading VC firm Atomico, which has urged the European ecosystem to power its firsttrillion-euro company. Atomico’s latest State of European Tech report (its eleventh) paints a positive picture of the European startup scene but says structural gaps mean Europe is potentially leaving read more
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Nordic Salt Cycle raises €3.5M to advance molten salt mineral recovery technology
Copenhagen-based Nordic Salt Cycle has raised €3.5 million in pre-seed funding to commercialise its molten salt technology for the cost-effective, scalable recovery of critical minerals from sources such as electric vehicles, wind turbines and consumer products. The round includes investment from EIFO, Denmark’s state-owned green transition investment fund, existing investor The Footprint Firm, and German read more
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Tesla receives ride-hailing permit in Arizona in last required step to launch robotaxi service | TechCrunch
Tesla received a ride-hailing permit this week from Arizona regulators, opening the door for the automaker to begin operating a robotaxi service in the state. A spokesperson with Arizona Department of Transportation (ADOT) told TechCrunch the automaker applied for a Transportation Network Company (TNC) permit on November 13.Tesla met the requirements to operate as a read more
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European tech gets political | TechCrunch
Venture capital firm Atomico’s annual State of European Tech report is out and it shows investment is trending upwards. But this year’s edition goes beyond the usual assessment of the tech ecosystem; it has become a piece of advocacy that reflects a broader shift: European startups and investors are increasingly turning to lobbying. “It’s no read more
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Hugging Face CEO says we're in an 'LLM bubble,' not an AI bubble | TechCrunch
Hugging Face co-founder and CEO Clem Delangue says we’re not in an AI bubble, but an “LLM bubble” — and it may be poised to pop. At an Axios event on Tuesday, the entrepreneur behind the popular AI platform and community site agreed that bubble talk is today’s “trillion-dollar question,” but said he doesn’t believe read more
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Trump DOE gives Microsoft partner $1B loan to restart Three Mile Island reactor | TechCrunch
The Trump administration announced Tuesday it would provide Constellation Energy with a $1 billion loan to restart a nuclear reactor at Three Mile Island. The energy company said last year it would reopen the reactor, which had been shuttered since 2019, after Microsoft committed to purchasing all the electricity from the 835 megawatt power plant read more
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Sleep disorder combo greatly raises hypertension risk
Mio Kobayashi Frisk Image source: Göteborgs universitet The results are published in the journal Annals of the American Thoracic Society. High blood pressure is one of the most important risk factors for heart attack and stroke. Elevated blood pressure can have many underlying causes, such as obesity, stress, or kidney disease. Sleep apnea is already read more
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Print, stretch, implant: new material could help build artificial organs
We can change the shape of the UV lights to create so many complicated structures Baiqiang Huang To create this stretchiness, the team built upon existing work from Cai’s lab, which had already developed a way to create very strong synthetic polymers. The approach took a page from the methods used to create stretchy, strong read more
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'Our funds are 20 years old': Limited partners confront VCs' liquidity crisis | TechCrunch
These days, it’s not easy to be a limited partner who invests in venture capital firms. The “LPs” who fund VCs are confronting an asset class in flux: Funds have nearly twice the lifespan they used to, emerging managers face life-or-death fundraising challenges, and billions of dollars sit trapped in startups that may never justify read more
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On Location: The Icelandic Conductor Behind Rosalía's ‘Lux’
There’s a lot of chatter about the 13 languages on this album—Ukrainian, Sicilian, Arabic, Mandarin—but your work as the conductor relies on a very different type of communication. How do you “speak” to the orchestra? What people see of composing—the hand gestures—is like a sign language. Certain movements have certain meanings, like when you beat read more
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AI data center provider Lambda raises whopping $1.5B after multibillion-dollar Microsoft deal | TechCrunch
AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG holds a variety of the billionaires’ assets, including Walter’s stakes read more
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Meta wins antitrust trial as judge denies that it's a monopoly | TechCrunch
After five years, Meta has emerged victorious from a U.S. Federal Trade Commission (FTC) lawsuit over its acquisitions of Instagram and WhatsApp. In an opinion released Tuesday, U.S. District Court Judge James Boasberg wrote that the FTC did not prove that Meta was violating antitrust law when it bought Instagram for $1 billion in 2012, read more
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Monarch Tractor sued over tractors that were 'unable to operate autonomously' | TechCrunch
Monarch Tractor has been accused of overpromising on the autonomous capabilities of its tractors, according to a new lawsuit. Burks Tractor, a dealership located in Idaho, has sued Monarch for breach of contract and allegedly violating its warranty because the California-based startup’s tractors were “unable to operate autonomously.” The dealership also says the 10 tractors read more
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Poe's AI app now supports group chats across AI models | TechCrunch
Poe, Quora’s app that brings together different AI models into one platform, is launching group chat functionality. The company announced on Monday that users worldwide will be able to start group chats with up to 200 other people, then collaborate across more than 200 AI models — including text, image, video, and audio generators — read more
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a16z leads $21M Series A into AI-native tax compliance software Sphere | TechCrunch
As Nicholas Rudder built his last startup, aneducational marketplacecalledScholarSite, he kept running into the same problem: tax. “Marketplaces are liable for tax on their entire GMV (gross merchandise value) not just their take rate, so every new country meant a maze of registrations, filings, deadlines, and risk,” Rudder told TechCrunch. “It became a constant distraction. read more
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I Keep Cooking Thanksgiving! Here’s the Best Holiday Meal Delivery
Making a full Thanksgiving feast for guests can be daunting, for some perhaps even terrifying. The world, and especially Hallmark movies, is full of holiday disaster stories: burnt turkeys, failed desserts, steamed hams. But I’m not bragging when I say that the first Thanksgiving dinner I prepared for my extended family—a little early, this year—was read more
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