Funding rounds, launches, acquisitions and market moves — summarised by our AI from
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Hailo, a Tel Aviv-based chipmaker, recently secured $120 million in extended series C funding, showcasing its potential in the competitive AI chip market. Led by CEO Orr Danon, Hailo specializes in edge AI processors that deliver data…
Coro, a NYC-based cybersecurity platform designed for small and medium-sized enterprises (SMEs), has just closed a monumental $100 million Series D funding round. Led by One Peak, with backing from Energy Impact Partners and Balderton…
PrismaStake, a DeFi company based in Melbourne, Australia, recently secured $6 million in seed funding to drive innovation in the staking space. The funding will be used to develop cutting-edge features and technologies, enhancing the user…
Modal, a San Mateo, CA-based skills development platform, has secured $25 million in Series A funding to transform the way corporate workers learn data and AI skills. Founded by Darren Shimkus and Dennis Yang, former leaders at Udemy…
Edgewood Oncology, a clinical-stage biotechnology company based in Brookline, MA, has made waves in the industry by securing a whopping $20 million in Series A financing. This funding, led by Alta Partners, will propel the company's…
Airvine, a pioneer in intelligent broadband wireless backhaul solutions, recently closed its Series A funding round with a total of $6.2 million. Led by Crosslink Capital, the funding will be utilized for product development and expanding…
Housing Diversity Corp. recently announced securing $34.16 million in equity and debt for their Vida DTLA project in Downtown Los Angeles. The project, located at 1317 S. Grand Ave. in the South Park neighborhood, aims to provide…
The Biden administration is launching a historic $6 billion initiative to slash emissions from heavy industries, marking a significant step towards decarbonizing the industrial sector in the United States. This investment, the largest of…
A Russian Soyuz spacecraft mission launch to the International Space Station (ISS) was unexpectedly scrapped just moments before liftoff, leaving the crew and viewers worldwide in suspense. The crew, including a NASA astronaut and…
The FBI has informed passengers on an Alaska Airlines Boeing 737 MAX 9 flight that they may be crime victims, following a mid-air emergency on January 5. The incident involved a panel blowing off the fuselage, resulting in a terrifying…
United Airlines is in a tailspin as its shares plummeted by 6% following the US Federal Aviation Administration's decision to ramp up oversight of the carrier due to a string of recent safety incidents. The FAA is spreading its wings to…
The Line, a futuristic city in the desert, is the most expensive project in history. A glass city of the future in a lifeless desert. A skyline visible from space. Two hundred times more costly than the Large Hadron Collider, five thousand…
Warner Bros. Discovery is making waves with its Max streaming app, set to launch in Europe just in time for the Paris Olympics. The app will bring live event streaming to 25 European countries, offering a mix of HBO Max, Discovery, and…
Spotify, known for its music streaming, is now venturing into the edtech space. This move comes amidst a backdrop of global stock market fluctuations and the EU's scrutiny of U.S. tech companies. In China, the focus is on Vision Pro and…
UK inflation has dropped, sparking speculation of an interest rate cut by the Bank of England. Economists predict rate cuts to boost the recession-hit economy, but the timing remains uncertain. The pound remains stable, while food prices…
Pavel Durov, the founder of Telegram, announced the issuance of $330 million in bonds. The bonds attracted a large number of subscriptions from "top-tier global funds with impeccable reputations." However, Durov did not disclose the names…
Tim Cook, Apple's CEO, recently showered China with praise during his visit for a new store opening. Despite the accolades, Apple faces a trio of challenges in the region. Cook's words of admiration for China's manufacturing prowess come…
Amidst the gloom of the deepening climate crisis, there are rays of hope shining through. Despite record-breaking heat, devastating storms, and rising greenhouse gas emissions, progress is being made in the realm of clean energy that could…
A $20 million sky mansion sits atop a 33-story luxury apartment complex in India, designed for businessman Vijay Mallya. However, due to financial crimes and extradition charges, Mallya may never get to live in this extravagant home. The…
China's recent decision to block Intel, AMD chips, and Microsoft's Windows on government devices marks a significant shift in the tech landscape. By favoring local technology options, China is challenging US sanctions and asserting its…
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