As ASML CEO Christophe Fouquet told TechCrunch in May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now put off limits.
Trace is launching with $3 million in seed funding, including investment from Y Combinator, Zeno Ventures, Transpose Platform Management, Goodwater Capital, Formosa Capital, and WeFunder.
Gushwork has raised $9 million in a seed round led by SIG and Lightspeed. The startup has seen early customer traction from AI search tools like ChatGPT.
Seattle-based Vercept developed complex agentic tools, including a computer-use agent that could complete tasks inside applications like a person with a laptop would.