Others

Zeal Capital Partners announces close of $82M Fund II

May 29, 2025
Zeal Capital Partners announced on Wednesday the close of its second fund, raising $82 million. Limited partners in the fund include Citi Impact Fund, M&T Bank, Wells Fargo, and Spelman College. It hopes to invest in at least 25 early-stage companies, writing check sizes between $1 million and $2.3 million, with 50% of the fund […]

Buildots raises $45M to help companies track construction progress

May 29, 2025
In the construction industry, managers can easily become disconnected from what’s happening on-site. Among the many tasks to juggle are staying apprised of costs, communicating with all stakeholders, and assessing risk related to aspects like contractor billing and performance. Buildots wants to change all of that through AI and computer vision. Founded in 2018 by […]

Founder Sahil Lavingia says he was booted from DOGE after just 55 days 

May 28, 2025
Sahil Lavingia has published a diary recounting his time as a member of Elon Musk’s DOGE workforce. It’s a short read — Lavingia’s DOGE stint lasted just 55 days — but it is does provide new details on the temporary government organization formed by President Trump’s executive order. Lavingia is a well-known name in Silicon […]

Security startup Horizon3.ai is raising $100M in new round

May 28, 2025
Horizon3.ai, a cybersecurity startup that provides tools like autonomous penetration testing, is seeking to raise $100 million in a new funding round and has locked down at least $73 million, the company revealed in an SEC filing this week. NEA led the round, according to two people familiar with the deal. One person said that […]

Nvidia expects to lose billions in revenue due to H20 chip licensing requirements

May 28, 2025
As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell […]