NitroVolt is helping farmers make their own fertilizer using renewable power

When Suzanne Zamany Andersen arranged her trip to greenhouse grower Koppert Cress in the Netherlands, she thought she would just be pitching her startup's device, which turns electricity and air into ammonia, a widely used fertilizer.  Not only did the company agree to test the ammonia pr

Generative AI startup Writer raises $200M at a $1.9B valuation

Writer has raised $200 million at a $1.9 billion valuation to expand its enterprise-focused generative AI platform. The Series C round was co-led by Premji Invest, Radical Ventures, and ICONIQ Growth, with participation from Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventur

How two brothers went from growing up on a sailboat to making underwater military vehicles 

Vatn Systems founders Nelson and Freddie Mills spent their childhood cruising over turquoise waters, doing their homework on a sailboat off the coast of Caribbean islands. While their surroundings were idyllic, their vessel of choice was decidedly not. “The first boat I remember, I think our pare

General Catalyst and Khosla Ventures back data mapping startup Lume

Data integration is a necessary part of many workflows from onboarding customer data to exercising payroll, but for many data sets the process is long and manual. Data is siloed into databases and SaaS applications that each keep the information in different formats, which makes it difficult to mov

Amazon attempts to lure AI researchers with $110M in grants and credits

There’s an AI chip battle brewing among the major cloud vendors. Google’s Trillium, a custom chip for training and running AI models, recently entered preview, and Microsoft’s Maia is expected to follow in short order. Not to be outdone, Amazon Web Services has AI chips, too: Tr

Apple’s geoblocks on media services in EU draw consumer protection ire

Apple’s pile of regulatory woes in the European Union has ticked up again: The iPhone maker is being accused of unlawfully discriminating against consumers by applying restrictions on how several of its media services can be accessed around the bloc. Consumer protection authorities in three

Red Hat is acquiring AI optimization startup Neural Magic

Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI models to run faster on commodity processors and GPUs. The terms of the deal weren’t disclosed. MIT research scientist Alex Matveev and professor Nir Shavit founded Somer

PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds

Enterprise spending on cloud services continues to go up, up, up — to the tune of $675 billion this year — thanks to organizations' firm embrace of software-as-a-service, the popularity of distributed working, and the arrival of compute-intensive tech like AI. A startup called PointFive be

Germany’s Klim raises $22M to take its regenerative farming platform international

Global food production generates at least a quarter of greenhouse gas emissions, more than 80% of which comes from agriculture. But addressing that impact is easier said than done since there are simply so many moving parts to address. “Regenerative” farming is often touted as one wa

Conduktor looks to gatekeep ‘bad data’ out of company’s apps

It was 2020, and Nicolas Orban, Stéphane Derosiaux, and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to

Signal gets new video call features, making it a viable alternative to Zoom, Meet, and Teams

Privacy-focused messaging app Signal is adding new features for video calls, including links, reactions, and a calls tab, in a bid to pose as an alternative to Zoom, Google Meet, and Microsoft Teams. The highlight of the update is a new “Calls” tab, which lets you make new calls, manag

Fleek, a marketplace for wholesale secondhand clothes, sews up $20.4M

Secondhand clothing has exploded as a category over the past couple of decades. A London startup that's built a first-of-its-kind platform to improve how this very fragmented industry operates is now announcing funding to double down on the opportunity.  Fleek, an online marketplace that conn

Quantune joins quest for the holy grail of non-invasive glucose monitoring

Numerous companies have tried and failed to develop a device that can measure blood sugar levels without pricking the skin for a blood sample. Even Alphabet had a go at it with contact lenses for diabetic patients, but abandoned the project in 2018. Still, the quest for non-invasive glucose monito

Agicap secures $48 million for its cash flow management platform

On average, Agicap's clients manage 15 different bank accounts each. So the chief financial officers (CFOs) working for these companies sometimes struggle to make sure that there will be enough money in the right bank account to pay employees and suppliers across different subsidiaries, countri