October 2023

Machina Labs raises $32M to bring flexibility to manufacturing

October 5, 2023
“Flexibility” isn’t a word one often applies to the manufacturing process. Changing things up on the assembly line is a resource-intensive activity, but automation and robotics could go a ways toward removing some friction from the process. That’s effectively the thesis statement behind Machina Labs. The Los Angeles-based firm distills things into the simplest language […]

Sony will offer Emerge’s tactile ultrasound device through a Bravia camera bundle

October 5, 2023
Emerge this week announced a partnership with Sony, a big boon for the hardware startup. The deal involves two pieces: first, Sony will highlight Emerge’s ultrasonic tactile device in its smart TV app.  Second, starting next year, Sony will begin offering a Bravia Cam bundle featuring Emerge Wave-1. A smart TV bundle could be on […]

AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus

October 5, 2023
AI-powered parking platform Metropolis today announced that it raised $1.7 billion to acquire SP Plus, a provider of parking facility management services, in a combination of equity and debt. Eldridge Capital and 3L capital co-led the tranche with participation from BDT & MSD Partners’ affiliated credit funds, Vista Credit Partners, Temasek, Slow Ventures and Assembly […]

Zero-days for hacking WhatsApp are now worth millions of dollars

October 5, 2023
Thanks to improvements in security mechanisms and mitigations, hacking cell phones — both running iOS and Android — has become an expensive endeavor. That’s why hacking techniques for apps like WhatsApp are now worth millions of dollars, TechCrunch has learned. Last week, a Russian company that buys zero-days — flaws in software that are unknown […]