Base Ecosystem Fund, Hashed Emergent invest $1.9M in Nestcoin to scale its Onboard product

September 7, 2023
Nestcoin, a development company housing modern finance project Onboard, has secured $1.9 million in a strategic funding round. Hashed Emergent, a Web2.5 fund for builders from emerging markets, led the round. Alter Global, Magic Fund, CMT Digital, and 4DX Ventures are among the existing investors that took part. Adaverse and Base Ecosystem Fund, two new […]

Anduril acquires Blue Force Technologies, the company behind the Fury unmanned fighter jet

September 7, 2023
Venture-backed defense giant Anduril Industries is acquiring Blue Force Technologies, the advanced design and engineering firm behind the “Fury” unmanned fighter jet, as the company looks to build out its suite of autonomous systems for national security customers. The new acquisition positions Anduril to take advantage of what chief strategy officer Christian Brose called “the […]

The question of gig worker status in Massachusetts is back on

September 7, 2023
A year ago, a Massachusetts court ruled to throw out a 2022 proposed ballot measure that sought to define gig workers as independent contractors rather than employees. Now it appears that proposal is getting a second wind. The state’s attorney general, Andrea Campbell, on Wednesday approved backers of the ballot measure to begin collecting the […]

Hyperspectral startup Wyvern signs on to fly with Loft Orbital next year

September 6, 2023
Hyperspectral imagery startup Wyvern has booked space on a Loft Orbital satellite bus that will launch next year, a move that the company says will boost the capacity of its Dragonette satellite constellation. Wyvern, which graduated from Y Combinator’s Winter 2022 cohort, has launched two hyperspectral imagery satellites since it was founded in 2018. But […]

Clubhouse is trying to make a comeback

September 6, 2023
Remember Clubhouse? At the peak of pandemic lockdowns, the invite-only social audio app soared with 10x month to month growth, then faded from public discourse almost as quickly as a16z investors opened their wallets. Now, Clubhouse is throwing a Hail Mary to try to become relevant again. Today, the company announced “the new Clubhouse,” which […]