July 13 (Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021 was unremarkable apart from one element: The know-how it owned, designed to chop the time and price for making chips, confirmed up 13 months later within the patent portfolio of Chipuller, a startup in China’s southern tech hub Shenzhen. Chipuller … Read more
This morning, Vellum.ai mentioned it had closed a $5 million seed spherical. The corporate declined to share who its lead investor was for the spherical other than noting that it was a multistage agency, but it surely did inform TechCrunch that Insurgent Fund, Eastlink Capital, Pioneer Fund, Y Combinator and several other angels took half … Read more
26 Shares E mail Fb Twitter LinkedIn The nice instances will not be again for North American enterprise funding. Positive, there could also be upbeat indicators, just like the mounting AI buzz and a few resurgence within the IPO and M&A markets. However on the subject of the precise funding tallies, the totals are unequivocally … Read more
Canoo, an EV startup primarily based in California that debuted its futuristic-looking electrical van in 2021, is having a tough time making ends meet. The corporate has been dangerously near insolvency for the previous yr, and its money burn stays excessive. Regardless of this, the federal authorities has stored doing enterprise with the startup, saving … Read more
When Canoo first unveiled its cool, futuristic-looking electrical van again in 2021, a non-zero variety of pals reached out to me to ask after they may purchase one. The reply might be by no means. Not until they work for the federal authorities. The struggling EV startup has been on the verge of operating out … Read more
DENVER and TORONTO, July 12, 2023 /PRNewswire/ — Palantir Applied sciences Inc. (NYSE: PLTR), and AirMatrix, a trailblazer in airspace infrastructure expertise, right now introduced a strategic partnership to speed up and scale its drone operations by leveraging Palantir Foundry by way of the Foundry for Builders Program. The partnership will present AirMatrix’s purchasers with … Read more
Having labored with and recommended numerous startups through the years, I typically see founders and entrepreneurs make key errors that inevitably create issues down the highway. These key errors can price money and time to appropriate, or in some instances derail the corporate fully. This text touches on a number of of these key startup … Read more
The co-founder of California-based startup Varda Area Industries says his firm’s first area mission—a miniature lab that has grown crystals of the drug ritonavir in orbit—is on observe to finish within the coming weeks with a first-of-its-kind re-entry and touchdown in Utah. Varda’s spacecraft launched June 12 as a part of a rideshare mission on … Read more
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