Shield AI Hits $12.7B Valuation After Air Force Win
Shield AI just became one of the most valuable defense tech startups in the world. The San Diego-based company hit…
Tag: consumer technology
VITL raises $7.5M to power GLP-1 prescriptions at cash-pay clinics
The GLP-1 gold rush just got a new infrastructure player. VITL, a startup building e-prescribing software for cash-pay clinics and…
Harvey hits $11B valuation as VCs pivot to AI apps
Legal AI startup Harvey just closed a $200 million funding round at an $11 billion valuation, marking one of the…
AI Startups Capture Record 41% of $128B Venture Haul
The Buzz ■ AI startups captured 41% of $128 billion in VC funding tracked by Carta last year, a record-high…
Fervo Energy Secures Major Loan, Signals Geothermal’s Big Bet
The Buzz ■ Fervo Energy landed a major loan facility with favorable terms according to TechCrunch ■ The financing structure…
OpenAI Acquires Developer Tooling Startup Astral for Codex
The Buzz ■ OpenAI is acquiring developer tooling startup Astral to strengthen its Codex team, according to CNBC ■ The…
Microsoft Acqui-Hires Sequoia-Backed Cove in AI Talent Grab
The Buzz ■ Sequoia-backed AI collaboration startup Cove is shutting down after its team joined Microsoft, according to TechCrunch ■…
Fuse raises $25M to replace aging credit union loan systems
The Buzz ■ Fuse raises $25M Series A led by Footwork Ventures and Primary Ventures to modernize credit union loan…
Google, Accel reject 70% of AI startups as ‘wrappers’
Google and Accel just drew a hard line in the AI startup gold rush. After reviewing over 4,000 applications for…
Unacademy’s $3B Crash Ends in upGrad Acquisition
India’s edtech bubble just claimed its biggest casualty. Unacademy, once valued at $3.5 billion during the pandemic boom, is being…
Rivian CEO launches Mind Robotics with contrarian vision
The Buzz ■ Rivian CEO RJ Scaringe launches Mind Robotics, a new startup challenging conventional robotics development according to TechCrunch…
Anduril Lands $20B Army Contract, Biggest Defense Tech Deal Yet
The Buzz ■ US Army awards Anduril contract worth up to $20B, the largest single defense tech deal on record…
Rivian’s R2 SUV: A $50K Bet on Survival
The Buzz ■ Rivian unveiled the R2 midsize SUV with pricing starting under $50,000, according to The Verge ■ The…
Netflix Drops $600M on Ben Affleck’s AI Filmmaking Startup
The Buzz ■ Netflix acquired InterPositive, Ben Affleck’s AI post-production startup, for up to $600M according to Bloomberg ■ The…
Harbinger Unveils Smaller Work Truck in EV/Hybrid Push
The Buzz ■ Harbinger launches smaller commercial truck with electric and hybrid variants targeting fleet operators ■ LA-based startup promises…
Revolut Secures Full UK Banking License at $75B Valuation
The Buzz ■ Revolut receives full UK banking license after extended regulatory review, according to CNBC ■ The fintech unicorn…
French healthtech Alan hits €5B valuation in 30% jump
French health insurance startup Alan just crossed the €5 billion valuation mark – roughly $5.83 billion – marking a sharp…
Mandiant Founder Mandia Raises $190M for AI Security Startup
The Buzz ■ Kevin Mandia raises $190M for Armadin, his new AI-focused cybersecurity startup, four years after selling Mandiant to…