After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns
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Computing and shielding startups join forces to put AI-capable chips in space
Sophisticated spacecraft often run on shockingly outdated computing systems: consider that the Perseverance rover runs on a PowerPC 750, the processor famous for running on iMacs in the late 1990s. San Francisco-based Aethero is aiming to bring more powerful computing systems to orbit, and their first payload launches this month on SpaceX’s Transporter-11 rideshare mission. […]
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Sensorita uses digital twins to help waste management companies streamline construction waste
The amount of waste produced by the construction industry adds up to more than a third of the overall waste produced each year in the European Union. And it’s no better in the U.S. Stateside, the construction industry produces more than double the waste that households do each year. Sensorita wants to help the construction […]
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As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently
Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from 3% in 2022, as cloud service providers expand to meet the demand for AI infrastructure. Assuming the current trend holds, U.S. utilities will need to […]
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Husband-and-wife former Olympians target $50M for new fund to invest in influencer-led consumer brands
Samyr Laine and Ayanna Alexander-Laine now put their grit and determination to work for founders wanting to launch and scale consumer brands.
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Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups
The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners, while smaller, newer funds are finding it more difficult to raise. But Industry Ventures’ latest fundraise should offer a dash of good news for emerging managers. On Tuesday, the 24-year-old firm announced […]
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Beauty tech startup Boldhue raises capital to ship its at-home custom makeup dispenser
Boldhue’s device essentially scans your face and dispenses a customized foundation formula that matches your skin tone.
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Indian edtech Unacademy cuts another 250 jobs
Indian edtech giant Unacademy is laying off about 250 employees, the latest in a series of layoffs since the reopening of schools across the country after the pandemic. The Bengaluru-headquartered startup, valued at $3.4 billion in its last funding in 2021, is cutting 100 jobs in core roles (marketing, business and product) and 150 in […]
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Apple adds support for new languages across lock screen, keyboard and search on iOS 18
Apple unveiled iOS 18 last month at its Worldwide Developer Conference (WWDC). Since then, the company has released two developer betas in the last few weeks with extended support for multiple new languages across the lock screen, Siri, keyboard, and search on iOS 18. With the new update, you can now customize the lock screen […]
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