How Colossal sold investors on a quest to resurrect a woolly mammoth

There are a growing number of companies interested in CRISPR’s potential to upend medicine. It's probably safe to say there's only one company interested in using the gene-editing system to create a living, breathing woolly mammoth. Or, at least, something pretty close to it.  T

GM invests in radar software startup Oculii as demand for automated driving features rise

Oculii, a software startup that aims to improve the spatial resolution of radar sensors by up to 100-fold, has scored a new investment from General Motors. The new funding, which the two companies say is in the millions, comes just months after Oculii closed a $55 million Series B. Oculii and GM ha

The past, present and future of IoT in physical security

When Axis Communications released the first internet protocol (IP) camera after the 1996 Olympic games in Atlanta, there was some initial confusion. Connected cameras weren't something the market had been clamoring for, and many experts questioned whether they were even necessary. Today, of cou

Epic Games appeals last week’s ruling in antitrust battle with Apple

Fortnite maker Epic Games is appealing last week’s ruling in its court battle with Apple, where a federal judge said Apple would no longer be allowed to block developers from adding links to alternative payment mechanisms, but stopped short of dubbing Apple a monopolist. The latter would have

BitSight raises $250M from Moody's and acquires cyber risk startup VisibleRisk

BitSight, a startup that assesses the likelihood that an organization will be breached, has received a $250 million investment from credit rating giant Moody's, and acquired Israeli cyber risk assessment startup VisibleRisk for an undisclosed sum. Boston-based BitSight says the investment from

What to make of Freshworks’ first IPO price range

Two major private tech companies announced IPO price ranges this morning, with Toast targeting a market value of nearly $18 billion at the top end of its range and Freshworks looking to price its equity between $28 and $32 per share. technewss calculates that the company would be worth around $8.9

SpotOn raises $300M at a $3.15B valuation and acquires Appetize

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast-forward to almost exactly one year later and a lot has changed for the payments and software startup. Today, SpotOn said it has closed on $300 million

Spotify’s Clubhouse clone adds six new weekly shows, some that tie to Spotify playlists

This summer, Spotify launched its live audio app and Clubhouse rival, Spotify Greenroom, with the promises of more programming to come in the months ahead to augment its then primarily user-generated live content. Today, the company is making good on that earlier commitment, with the launch of six

GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the food supply chain

When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the

Disney+ ‘Hawkeye’ trailer shows Clint Barton’s past catching up with him

The next Marvel Cinematic Universe show will premiere on Disney+ in November and, appropriately enough, Hawkeye has a festive setting. Clint Barton (aka Hawkeye) just wants to spend Christmas with his family, but his enemies have other plans. The series marks the return of Jeremy Renner as Hawkeye

JumpCloud raises $159M on $2.56B valuation for cloud directory tool

JumpCloud, the late-stage startup that is modernizing the notion of corporate directories in a cloud context, announced a $159 million Series F investment on a healthy $2.56 billion valuation today. Sapphire Ventures led the round with new investors participating, including Owl Rock, Whale Rock Cap

Defense Department seeks nuclear propulsion for small spacecraft

The US Defense Department’s ambitions beyond Earth just grew a little clearer. SpaceNews has learned the department recently put out a call for privately-made nuclear propulsion systems that could power small- and mid-sized spacecraft. The DoD wants to launch missions venturing beyond Earth o

Vector.ai’s productivity platform for freight forwarders raises $15M A round led by Bessemer

With supply chains under constant stress because of the pandemic, freight forwarding has become one of the hottest startup sectors in the last two years. Indeed, international freight forwarding is now a $199 billion market. And the evidence is mounting. In November last year, digital freight forwa

Rezilion raises $30M to help security operations teams with tools to automate their busywork

Security operations teams face a daunting task these days, fending off malicious hackers and their increasingly sophisticated approaches to cracking into networks. That also represents a gap in the market: building tools to help those security teams do their jobs. Today, an Israeli startup called R