When looking at startups within healthcare, data and AI and cybersecurity, the firm considers a number of factors like the plan for infrastructure, especially now that AI is everywhere.
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Arnergy, a Nigerian cleantech startup that deals in distributed renewable energy products and solutions, has raised $3 million in new financing. The bridge round was financed by All On, a Shell-backed off-grid energy impact investment company. The financing comes five years after Arnergy, a provider of solar power systems to homes and businesses, secured a […]
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Bending Spoons, the owner of popular apps and services like Evernote and Meetup, announced today that it has raised $155 million in a new equity financing round at a $2.55 billion post-money valuation. Durable Capital Partners led the round with existing investors, such as Baillie Gifford, Cox Enterprises, NB Renaissance, NUO Capital and StarTIP (controlled […]
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In 2017, “new retail” began appearing in Alibaba’s earnings reports. Coined by the Chinese e-commerce behemoth, the term refers to the seamless integration of online and offline retail. Six years later, Alibaba is having a moment of reckoning with this strategy as it looks to offload some of its offline retail assets. On its recent […]
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New PitchBook data makes it clear that if the larger startup market is suffering from an exit-drought, crypto startups are possibly even more parched.
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GM is expanding access to Super Cruise with plans to let drivers use the hands-free advanced driver assistance system on about 750,000 miles of roads in the United States and Canada. The expansion, which will nearly double the automaker’s Super Cruise network by 2025, will include rural and minor highways that often connect smaller cities […]
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People on Bluesky and Mastodon are fighting over how to bridge the two decentralized social networks, and whether there should even be a bridge at all. Behind the snarky GitHub comments, these coding conflicts aren’t frivolous — in fact, they could shape the future of the internet. Mastodon is the most established decentralized social app […]
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Varda Space Industries has received long-awaited approval from regulators to return its first spacecraft to Earth — and with it, a batch of pharmaceutical crystals manufactured on orbit. Varda’s Winnebago capsule has been stuck in limbo for months. The company launched the spacecraft on a SpaceX Transporter mission eight months ago, with the plan to […]
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