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Wind power has run into some headwinds, and not the kind that spin its turbines. Recently, President Trump has decided to wage war against the technology, an unwelcome bit of friction that coincides with rising costs in recent years.
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Indian drone startup Raphe mPhibr has raised $100 million in an all-equity Series B round led by General Catalyst, as the startup aims to boost its R&D and local production capabilities amid growing demand for drones in battlefields and for border surveillance.
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GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money.
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Startups developing voice AI technology and applications are having their moment. Model builders like ElevenLabs and Cartesia have raised millions of dollars in the last few months. Applications such as AI-powered notetaker Granola, and meeting tools Read AI and Fireflies AI have also received investor attention and backing.
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Andy Konwinski is pledging $100 million of his own money for a new kind of institute to fund researchers. It's already backed Ion Stoica's new lab.
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AllSpice's platform has landed customers including Blue Origin and Bose and just raised a $15 million Series A round.
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Japanese shipping company Nippon Yusen Kabushiki Kaisha is acquiring German salary payment platform for seafaring workers, Kadmos.
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Dutch e-bike startup VanMoof is back two years after bankruptcy with its first model designed under new leadership. And despite past criticism that VanMoof’s over-reliance on custom parts led to the company’s downfall, the S6 sticks to the brand’s signature bespoke design.
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When Joe Kinvi joined Touchtech Payments in 2017 as head of finance, the Irish startup couldn’t afford his full salary. So he negotiated for stock to make up the difference.
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Midjourney launched its much anticipated AI video generation model, V1, on Wednesday and laid out a roadmap for its future releases.
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