After a yearslong legal feud, Elon Musk and OpenAI CEO Sam Altman are heading to trial this week in Northern California in a case that could have sweeping consequences. Ahead of OpenAI’s highly anticipated IPO, the court could rule on whether the company is allowed to exist as a for-profit enterprise and might even oust…
Wayflyer, which provides financing to e-commerce startups in exchange for a portion of their future revenue, today announced that it secured $1 billion in capital from investment management firm Neuberger Berman. In a press release, Wayflyer describes the funding as an “off-balance sheet program,” meaning that the company was allowed to keep certain assets and […]
It’s been fun watching Okra Solar’s journey over the last few years. I first encountered the firm on a trip to Shenzhen, before it won our 2019 Hardware Battlefield competition in that city. Today it’s announcing a $12 million Series A aimed at serving wide swaths of the world that presently lack access to electricity. […]
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Graham Hine, the co-founder and CEO of ePlant, a startup that creates sensors that monitor the health of trees. Hine talked about what got him interested in the tree space to begin with and […]