TDK backs Ultraviolette with $21M to take India-made electric motorcycles global
Ultraviolette aims to expand its electric motorcycles to 40 European countries, as well as Latin America and Southeast Asia.
The Download: Taiwan’s silicon shield, and ChatGPT’s personality misstep
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Taiwan’s “silicon shield” could be weakening Taiwanese politics increasingly revolves around one crucial question: Will China invade? China’s ruling party has wanted to seize Taiwan for more than half a century. But in…
August 2025
Pronto’s 10-minute house help pitch sparked a 3.6x valuation jump in just 90 days
Pronto has raised $11 million in an all-equity Series A round co-led by General Catalyst and Glade Brook Capital at a post-money valuation of $45 million.
Seoul-based Datumo raises $15.5M to take on Scale AI, backed by Salesforce
Most organizations say they aren’t fully prepared to use generative AI in a safe and responsible way, according to a recent McKinsey report. One concern is explainability – understanding how and why AI makes certain decisions. While 40% of respondents view it as a significant risk, only 17% are actively addressing it, per the report. […]
Slow Ventures cuts first check from $60M creator fund into woodworking founder
This marks the first investment for Slow’s $60 million Creator Fund since its launch in February. The fund looks to help creators launch businesses, under the belief that what made them successful influencers is what can also make them a good founder.
‘My Startup Roots Have Begun Tugging on Me’: A Big Tech CEO Just Quit to Be an Entrepreneur Again
GitHub’s CEO says he stepped down on Monday to once again be a “startup founder.”
‘No One Has a Crystal Ball’: Will Mortgage Rates Drop Below 6% Again? Here’s When Experts Say It Could Happen.
Experts tell Entrepreneur that rates could drop in late 2026, though pandemic-period rates below 3% will most likely never happen again in our lifetimes.
iOS 26 beta 6 adds new ringtones, snappy app launches, and more
The new developer beta release, iOS 26 beta 6, adds new ringtones, faster app launches, and fixes the Camera swipe direction issues.
Poshmark CEO and founder to step down
Manish Chandra is stepping down as Poshmark CEO after nearly 15 years.
Sam Altman and the whale
My colleague Grace Huckins has a great story on OpenAI’s release of GPT-5, its long-awaited new flagship model. One of the takeaways, however, is that while GPT-5 may make for a better experience than the previous versions, it isn’t something revolutionary. “GPT-5 is, above all else,” Grace concludes, “a refined product.” This is pretty much…
These Friends Started a Side Hustle in Their Kitchens. Sales Spiked to $130,000 in 3 Days — Then 7 Figures: ‘Revenue Has Grown Consistently.’
Scott Hattis and Kenneth Luna found inspiration for their business in their own homes — confident the offering would resonate with millions.