Many early-stage European climate tech startups fail to secure Series B funding due to a lack of growth capital. Spain’s **Mundi Ventures** is addressing this gap with its new **Kembara Fund**, which has reached a €750 million first close and targets a final size of €1.25 billion. The fund focuses […]
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The company town of Starbase in Texas, home to SpaceX’s operations, is moving forward with establishing its own municipal police department, with plans to hire eight officers. City Administrator Kent Myers stated this initiative is crucial for protecting SpaceX’s significant local assets and operations. This isolated town of just a […]
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During the Super Bowl, Anthropic released a satirical ad: a user asks a chatbot mimicking ChatGPT for advice on talking to his mother, but the bot abruptly recommends a fictional dating website. Another ad shows a user seeking fitness advice being served an ad for height-boosting insoles. These commercials take […]
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Indian climate tech company Varaha has completed the first tranche of its $20 million Series B funding round, led by WestBridge Capital. The company focuses on carbon removal projects in Asia and Africa, including regenerative agriculture and biochar initiatives, having already removed over 2 million tons of carbon dioxide and […]
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All startups admitted to Y Combinator (YC) will soon have the option to receive their seed funding via stablecoins, according to Nemil Dalal, a crypto-focused partner at YC, in an interview with The Block. (shrinking yc) YC’s signature “standard deal”—investing $500,000 in exchange for 7% equity in selected startups—will now […]
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At the Cisco AI Summit, Intel CEO Lip-Bu Tan announced that the company will enter the graphics processing unit (GPU) market, a sector currently dominated by NVIDIA. Unlike traditional CPUs, GPUs are specialized for tasks such as game rendering and artificial intelligence model training. (Intel CEO Lip-Bu Tan) The project […]
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Two Stanford students, Roman Scott and Itbaan Nafi, have raised $2 million for their accelerator program “Breakthrough Ventures,” which funds startups founded by U.S. college students and recent graduates. The program offers selected ventures up to $10,000 in grants, computing credits, legal support, and mentorship, with an opportunity for a […]
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China’s Ministry of Industry and Information Technology has announced new regulations requiring all vehicles sold in China (excluding tailgates) to be equipped with mechanical door release mechanisms, both inside and outside the car, effective January 1, 2027. This move effectively bans the hidden, electronically operated door handles popularized by Tesla. […]
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Waymo, the autonomous vehicle company owned by Alphabet, has announced the completion of a $16 billion funding round, bringing its valuation to $126 billion. The round was led by Dragoneer, DST Global, and Sequoia Capital, with parent company Alphabet participating and retaining its controlling stake. Several other prominent institutions, including […]
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Cornell University researchers are pioneering an effort to extend 3D printing technology into the ocean, developing an innovative method to print concrete directly underwater. Funded by DARPA, the project aims to enable intelligent, non-destructive construction and repair of subsea infrastructure. (Underwater Concrete 3D Printing) Traditional underwater construction faces significant challenges, […]
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