Business

Portal Space Systems Raises an Amazing $17.5 Million in Seed Funds

Portal Space Systems raised $17.5 million in one of the biggest early financing rounds for…

Hydrolix, A Data Management Business, Raises $80 Million

Hydrolix Inc., a provider of data lakes, reported raising $80 million to fuel expansion plans.…

CEO of Google DeepMind’s Company Increases $600 Million

Demis Hassabis, the CEO and co-founder of Google DeepMind, created a drug development artificial intelligence…

Philippine Business Creates an AI Tool To Reduce Crop Loss

Using AI-powered farm risk monitoring, a Philippine student-developed mobile app seeks to lower agricultural losses.…

Retym Secures $75M for AI-Powered Data Center Chip

Retym, a chip startup, announced on Monday that it has secured $75 million this year…

Elon Musk Sells X to His AI Startup in $33 Billion Deal

Elon Musk—who purchased Twitter in 2022 and renamed the social media platform to X in…

Mercury Secures $300M at a Valuation of $3.5B to Broaden Its Fintech Services

Mercury, a financial technology firm recognized as the preferred bank for tech startups, announced today…

Startup Backed by Rivian Secures $105M to Roll Out Budget-Friendly Micro Vehicles

Rivian, the high-profile electric vehicle manufacturer, has just launched a new company focused on micromobility,…

BYD Exceeds Tesla With Yearly Sales of $100 Billion

BYD, Tesla's competitor in China, announced a 73% increase in its fourth-quarter profit and revealed…

Tabit Insurance Unveils $40 Million Funding Focused on Bitcoin

The capitalization of Tabit Insurance's insurance facility, worth $40 million, has been announced. The fundraising…