December 27, 2024

The world’s first industrial-scale plant for green steel promises a cleaner future

As of 2023, nearly 2 billion metric tons of it were being produced annually, enough to cover Manhattan in a layer more than 13 feet thick.  Making this metal produces a huge amount of carbon dioxide. Overall, steelmaking accounts for around 8% of the world’s carbon emissions—one of the largest industrial emitters and far more…

June 2024

Odaseva raises $54M to secure Salesforce users

June 27, 2024

Cloud services continue to be a weak point for enterprises when it comes to security, so companies providing effective solutions to address this continue to see a lot of interest in the market, both from customers and investors.  In the latest example of that, Odaseva – which focuses on one sole use case: securing Salesforce […]

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These climate tech companies just got $60 million

June 27, 2024
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. Some people track sports scores or their favorite artists’ tour set lists. Meanwhile, I’m just waiting to hear which climate tech startups are getting big funding awards from government agencies. It’s basically…

Austin-based Ironspring Ventures raised $100m to invest in industrial revolution

June 27, 2024

When Ironspring Ventures launched in 2020 to back startups in industrial sectors like construction and manufacturing, it was one of very few early-stage venture firms paying attention to those capital-intensive sectors. Now, the firm is doubling down. The Austin, Texas-based firm raised $100 million for its second fund to focus on industrial startups. This is […]

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Bluesky lets you curate accounts and feeds to follow with its “Starter Pack” feature

June 27, 2024

Social network Bluesky has added a new feature for users to create a curated list of people and custom feeds to follow. This feature, called “Starter Pack,” is intended to help users joining the social network to find interesting content right out of the gate. Existing users can add accounts and custom feeds to create […]

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Dust grabs another $16 million for its enterprise AI assistants connected to internal data

June 27, 2024

French startup Dust has raised a $16 million Series A funding round led by Sequoia Capital. With Dust, companies can create custom AI assistants and share them with their employees so that they can work more efficiently. But what’s interesting with Dust is the differences with other companies working on enterprise agents or AI assistants […]

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Training AI music models is about to get very expensive

June 27, 2024
AI music is suddenly in a make-or-break moment. On June 24, Suno and Udio, two leading AI music startups that make tools to generate complete songs from a prompt in seconds, were sued by major record labels alleging widespread copyright infringement. Sony Music, Warner Music Group, and Universal Music Group claim the companies made use…

Synthflow picks up $7.4M for no code voice assistance for SMEs

June 27, 2024

What is AI good for? Automating repetitive tasks for the very busy people running small businesses, reckons Berlin-based startup Synthflow, which is announcing a $7.4 million seed round for its SME-focused no code platform for AI voice assistance. Since being founded, around spring last year, the startup has banked a total of $9.1 million (including […]

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