Junction, an API to link health wearables with labs, raises $18M
Tracking an aspect of your health is one of the most popular applications for wearables these days. In the U.S. alone, 44% of Americans own devices specifically for this purpose, according to one recent report. A startup called Junction believes that more can be done with that data: It can be share
General Fusion fires up its newest steampunk fusion reactor
General Fusion announced on Tuesday that it had successfully created plasma, a superheated fourth state of matter required for fusion, inside a prototype reactor. The milestone marks the beginning of a 93-week quest to prove that the outfit's steampunk approach to fusion power remains a viable
Zolve, a neobank for global citizens moving to the US, raises $51M and secures $200M debt
Zolve, a neobank that helps provide financial access to high-skilled and high-spending global citizens moving to the U.S., has raised $251 million in a new (equity and debt mix) funding round as the startup aims to expand its presence and enter new geographies.
Every year, millions of highly skill
Sola emerges from stealth with $30M to build the ‘Stripe for security’
Enterprises these days can choose from hundreds of apps and services available to secure their networks, data, and assets — nearly as many more to help them manage all the alerts and extra work that those security apps generate. But what if you could build your own apps, customized to your own wo
Equator closes $55M fund to bring more private capital to African climate tech
African venture capital firm Equator has raised $55 million for its first fund, which will back climate tech startups through one of the most difficult and often overlooked phases in their journey: the early stage.
Climate tech startups in African countries have to navigate a tougher funding lands
Reshape Energy is using an acquisition playbook to drive energy upgrades for commercial real estate
Reshape Energy is betting on a more integrated approach to accelerate the decarbonization of the built environment. Founded in Munich, Germany, back in May 2024, the startup is led by a team with expertise scaling energy businesses, including the German division of Octopus energy and energy price c
Radiology AI software provider Gleamer expands into MRI with two M&A transactions
Medical imaging is a broad term that encompasses several distinct technologies. After working on AI-powered tools to enhance X-rays and mammographies, French startup Gleamer now aims to tackle magnetic resonance imaging (MRI).
Instead of starting from scratch, Gleamer acquired a startup that has a
Startup studio Hexa acquires majority stake in Veevart, a vertical SaaS platform for museums
Hexa is trying something new. Instead of fostering startups from the ground up and incubating them for the first year or so, the Paris-based startup studio is acquiring a majority stake in Veevart, a vertical software-as-a-service company for museums that provides solutions for ticketing, fundraisi
Infinite Uptime bags $35M to help factories optimize equipment usage
Infinite Uptime, an Indian startup that offers predictive maintenance solutions for factories, has raised $35 million in a Series C funding round to expand its footprint in the U.S. and other markets.
The manufacturing industry has lagged many industries in its adoption of tech, and much of the wo
Elon Musk says DOGE involvement is making it harder to run his businesses
In an interview with Fox’s Larry Kudlow on Monday, billionaire Elon Musk admitted that his involvement with the Department of Government Efficiency (DOGE), Donald Trump’s initiative to reduce federal spending, is making it tougher to run his many businesses: X, Tesla, xAI, SpaceX, The B
Eric Schmidt joins Relativity Space as CEO
Former Google CEO Eric Schmidt is taking over as the CEO of Relativity Space, a 9-year-old rocket startup, a company spokesperson confirmed in a statement to technewss. This is Schmidt’s first CEO job since he left Google nearly 15 years ago.
On Monday, Schmidt told employees of Relativity
Bluesky is weighing a proposal that gives users consent over how their data is used for AI
Speaking at the SXSW conference in Austin on Monday, Bluesky CEO Jay Graber said the social network has been working on a framework for user consent over how they want their data to be used for generative AI.
The demand for AI training data means the new social network has to think about its AI po
In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave
In a grandmaster-level chess move, OpenAI has signed a five-year, $11.9 billion agreement with the GPU-heavy cloud service provider CoreWeave, which Reuters originally reported and CoreWeave confirmed in a press release.
The deal involves OpenAI receiving $350 million worth of equity in CoreWeave,
Rad Power Bikes CEO steps down
Rad Power Bikes CEO Phil Molyneux has stepped down as part of a wider strategic reshuffling at the acclaimed electric bicycle company. The company told technewss that chief financial officer Stephanie Roberts will serve as interim CEO while the company searches for a replacement and that Molyneux