Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’
Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised a total of $15.5 million, so the latest financing brings.....»»
PVML raises $8 million to offer protection for enterprise data
PVML unveils its platform for secure AI-powered data access and $8 million in Seed funding led by NFX with participation from FJ Labs and Gefen Capital. While the complexity, variety and scale may vary from organization to organization, all companies.....»»
Toyota Ventures raises $300 million more for early-stage investments
Two new funds, Toyota Ventures Frontier Fund II and Toyota Ventures Climate Fund II, will help the firm deepen its global investing footprint......»»
Alethea raises $20 million to combat disinformation campaigns
Alethea announced the close of a $20 million Series B funding round led by GV, with participation from Ballistic Ventures, who led Alethea’s Series A funding in 2022. Also participating in the round is Hakluyt Capital, which invests alongside l.....»»
Greece raises wildfire alert level after spate of blazes
Greece on Sunday raised its wildfire alert level to "high risk" after dozens of blazes broke out, the civil protection ministry said......»»
NASA"s VIPER robotic moon rover team raises its mighty mast
NASA's VIPER—short for the Volatiles Investigating Polar Exploration Rover—now stands taller and more capable than ever, thanks to its mast......»»
CyberSaint raises $21 million to accelerate market expansion
CyberSaint announced the company has raised $21 million in Series A funding led by Riverside Acceleration Capital (RAC). Additional participating investors include Sage Hill Investors, Audeo Capital, and BlueIO. The funding will build on customer mom.....»»
A Crypto Company Thinks It Can Help Fight Climate Change
Toucan is leveraging blockchain to reinvent the carbon credit market. But thorny questions abound......»»
BigID raises $60 million to accelerate AI data security innovation
BigID announced that it closed a $60 million growth round led by Riverwood Capital with participation by Silver Lake Waterman and Advent. With the strong momentum of generative AI, enterprises have rushed to stand up new initiatives that drive produc.....»»
Women favor climate actions that benefit future generations more than men, research shows
The decisions we make now inevitably shape the prospects for generations to come. So tackling a long-term problem like climate change raises an intergenerational moral dilemma: should we invest in solutions that might not personally benefit ourselves.....»»
Nozomi Networks raises $100 million to help secure critical infrastructure
Nozomi Networks announced a $100 million Series E funding round to help accelerate innovative cyber defenses and expand cost-efficient go-to-market expansion globally. This latest round includes investments from Mitsubishi Electric and Schneider Elec.....»»
Study raises concerns over rising river temperatures in Scotland
Rivers in Scotland's west and northwest could be the most sensitive to climate change and should be monitored more closely, according to a study, published in the journal, Science of The Total Environment, by scientists at The James Hutton Institute.....»»
Defense Unicorns raises $35 million to enhance national security through open-source software
Defense Unicorns has raised a $35 million Series A funding round led by Sapphire Ventures and Ansa Capital. Founded by early leaders of the Department of Defense’s software factories – a grassroots Air Force initiative turned mandate to accelerat.....»»
Sweet Security raises $33 million to identify and address cloud risks
Six months after coming out of stealth, Sweet Security is announcing a $33 million Series A funding round. The round was led by Evolution Equity Partners, joined by Munich Re Ventures and Glilot Capital Partners. Capitalizing on its strong market tra.....»»
Suppliers, competing with UAW raises, expect higher labor costs in 2024
During quarterly earnings calls with analysts and investors in February, suppliers frequently highlighted one area in which cost increases are expected to persist this year: labor......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% work force cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% workforce cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
GM"s Cruise valuation slashed by more than half, email shows
Cruise employees were told the share price had been estimated by a third party at $11.80, according to an email viewed by Reuters. That's down from a prior estimate of $24.27 just one quarter ago......»»
EV maker Polestar raises $950 million, anticipates improved profit margin
Polestar projects double-digit gross profit margin by year end......»»
Nvidia tops $2 trillion valuation in first for chipmakers
While Apple and Microsoft took over two years to go from $1 trillion to $2 trillion, Nvidia is on track to accomplish that in under a year’s time as the stock rides Wall Street’s AI frenzy......»»
EPA raises concerns about Georgia"s handling of toxic coal ash
The federal Environmental Protection Agency has notified counterparts at the Georgia Environmental Protection Division that they believe the state may be allowing Georgia Power to store toxic coal ash in ways that are "less protective" than federal s.....»»