Tech Daily

Mach Industries hits $1.8B valuation with $300M round; Unastella closes $24M Series B for rockets; Maxwell Power secures $750M for batteries plus other funding, M&A and hardware moves.

Covers Dell's $699 XPS 13 and Acer's $699 Swift Air 14 launches, Qualcomm Snapdragon C chip announcement, Picogrid's $45M round, SoftBank's €75B French data centers, and other hardware and funding news from May 29-31.

MiRus lands $1.5B from Boston Scientific for medical devices. Wix cuts 1,000 jobs or 20% of staff. Groupon trims 400 positions or 23% workforce. Plus FDA clearances, manufacturing orders and other hardware and restructuring moves.

Covers Stord's $250M Series F at $3B valuation for logistics tech, Thea Energy's $100M Series B to expand magnet manufacturing for fusion plants, ClearNote Health's $52M Series D for cancer detection products, Lilly's $780M LimmaTech acquisition, and Micron and SK Hynix hitting $1T market caps.

Micron hits $1 trillion market cap amid chip rally; FortuneX and Burtech close SPAC IPOs; Hadron Energy de-SPACs; Valve ships Steam Deck beta update; Philips launches SmartIQ imaging tech; Oregon colleges secure semiconductor grants.

ClickUp lays off 22% of its workforce; Huawei unveils Tau Scaling Law targeting 1.4nm-equivalent chips by 2031; Amca raises $300M for aerospace parts and Boston Metal secures $75M for metals production among major funding rounds totaling over $2B.

Covers Oura's confidential IPO filing for its smart ring, Yamaha Motor's new robotics support facility in India, SolarSquare's up to $60M funding talks in solar hardware, Meta's quiet Forum app launch, Xreal smartglasses progress, and 15 other funding, hardware, gadget, and strategy stories from the period.

Covers Commerce's $2B quantum hardware incentives, three SPAC IPOs raising $325M, Hesai's European LiDAR deals, UCLA's $125M semiconductor hub, Bloom Energy surge, multiple startup rounds including Pivot and Socket, China robotics push, and other hardware and M&A moves.

Mercury lands $200M at $5.2B valuation in fintech uptick. Intuit slashes 17% of jobs to streamline. Multiple startups close Series A and C rounds including Viktor at $75M and Primer at $100M.

Google partners on audio smart glasses for fall release with Warby Parker and Samsung. Cerebras raises $5.6 billion in the year's biggest IPO. Meta readies 8,000 layoffs and 7,000 reassignments in May 20 restructuring. Covers startup funding rebounds, robotics deliveries and hardware expansions.