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Tech for Business

With $30 million in new funding, SEEQC thinks chips are key to building useful quantum computing

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Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging...
Tech for Business

Venture funding remains stable in France thanks to AI startups

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Alex Dewez, a partner at 20VC, just released its highly anticipated State of the French tech ecosystem report. This is a nice followup to...
Tech for Business

LemFi moves remittances further into Asia and Europe with $53M in new funding

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For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now...
Tech for Business

Biden admin snubs Tesla’s $100 million big-rig charging funding request — again

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The Department of Transportation announced Friday another $636 million in funding that will be awarded to 49 applicants for electric vehicle charging infrastructure — and...
Tech for Business

Siren secures strategic funding for its socks that detect diabetic foot ulcers

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After studying burn victims and war veterans, entrepreneur Ran Ma hand-made a sock that contained sensors to detect foot ulcers. Now, her company, Siren,...
Tech for Business

Silicon Valley is so dominant again, its startups devoured over half of all global VC funding in 2024

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For all the chatter about the decline of San Francisco, data repeatedly shows that the Bay Area, including the city itself, is still the...
Startup Spotlight

Climate group that called for Gaza ceasefire risks losing federal funding

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An alliance of grassroots environmental groups could lose $60 million in federal funding after calling for a ceasefire in Gaza.The Climate Justice Alliance (CJA)...
Tech for Business

Generative AI funding reached new heights in 2024

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If there was any doubt, the generative AI bubble didn’t burst in 2024. Investments in generative AI, which encompasses a range of AI-powered apps, tools,...
Business Insights

Elon Musk’s xAI receives another $6B in funding as Grok app looms

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Tech for Business

AI startups attracted 25% of Europe’s VC funding

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Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC...
Startup Spotlight

The US finalizes CHIPS Act funding for Samsung and Texas Instruments

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The US Commerce Department has awarded Samsung and Texas Instruments with a combined over $6 billion in “direct funding under the CHIPS Incentives Program’s...
Tech for Business

Perplexity has reportedly closed a $500M funding round

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AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the...
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