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These documents are influencing the DOGE-sphere’s agenda
Reports from the US Government Accountability Office on improper federal payments in recent years are circulating on X and elsewhere online, and they seem to be a big influence on Elon Musk’s so-called Department of Government Efficiency and its supporters as the group pursues cost-cutting measures across the federal government. The payment reports have been…
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Temasek, Main Sequence back enzymatic recycling tech startup Samsara Eco in $65M
As consumers increasingly demand environmentally friendly and sustainable products, companies strive to seek alternative solutions, which creates a market ripe for growth for some environmental tech companies’ offerings. One example is Samsara Eco, an Australia-based startup that makes and sells fossil-free polymer resins to its customers. These resins can be integrated into supply chains and […]
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Video editing app Captions releases AI edit feature that automatically adds effects to your video
Video editing app Captions, which is backed by a16z, Kleiner Perkins, and Sequoia Captial, has launched a new feature that takes an existing unedited video and adds custom graphics, zooms, music, sound effects, transitions, and motion backgrounds based on the content. There are a few restrictions for AI edit — it should be a vertical […]
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Rainforest lands $20M to challenge Stripe with embedded payments for SaaS providers
Rainforest, a startup that embeds payment processing into other software platforms, has raised $20 million in Series A funding — less than a year after announcing the close of its seed financing. Raising back-to-back rounds was more common in 2021 but we don’t see it happening as often in this new environment. Rainforest’s traction is […]
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CData, which helps orgs use data across apps and to build AI models, snaps up $350M
Artificial intelligence startups continue to dominate the headlines when it comes to VC mega-rounds, but there’s also an interesting opportunity out there for those building tools that enable working with data-heavy apps like AI in the first place – especially for organizations that may still have one foot (or both feet) in the legacy data […]
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The Download: Introducing the Play issue
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. Supershoes are reshaping distance running Since 2016, when Nike introduced the Vaporfly, a paradigm-shifting shoe that helped athletes run more efficiently (and therefore faster), the elite running world has muddled through a period…
‘Do You Like the Taste of Making Money?’ Investors Weigh In on Crazy New Food Biz Pitches.
On the food-focused season 11 premiere of ‘Entrepreneur Elevator Pitch,’ contestants serve up new business opportunities to our board of investors. Will they dig in?
Creatio raises $200M at a $1.2B valuation for its no-code CRM and workflow platform
Creatio CEO Katherine Kostereva argues that what sets her company apart is that it was always architected to work at an enterprise scale.
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Fetcherr lands $90M to get airlines on board with dynamic pricing
In a push to bolster profits, more airlines are turning to controversial dynamic pricing tech, which prices fares and amenities variably based on a traveler’s willingness to pay for them.
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Strava to shutter 3D mapping platform Fatmap 18 months after acquisition
Activity tracking platform and community Strava is shutting down Fatmap, the Europe-based 3D mapping platform it had acquired last January.
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