MassRobotics is launching an accelerator
Sandwiched between rows of warehouses in the South Boston Waterfront, MassRobotics serves as both an incubator and import hub for the city’s vibrant robotics community. Soon, it will add accelerator to that list. This morning the nonprofit announced the forthcoming arrival of its simply named MassRobotics Accelerator. Applications are now
Read moreEarlyBird raises $4.5M, partially from its users, to scale its investment gifting platform for families
EarlyBird, an app that lets families and friends gift investments to children, has raised $4.5 million in a seed extension round that was partially funded by its user base. The app lets parents create a custodial account, also known as a UGMA (Uniform Gifts to Minors Act) account, which allows
Read moreProcurement management software startup Oro Labs lands $34M investment
Companies are increasingly struggling with procurement — the strategic process of acquiring goods and services to execute tasks across the organization. According to a recent survey from procurement network Procurious and Ivalua, a provider of spend management solutions, 32% of procurement teams admit to having “cut corners” under executive pressure
Read moreFreeplay wants to help companies test and build LLM-powered apps
Freeplay, a startup that lets companies build, experiment with and test apps powered by generative AI models, specifically text-generating models, today emerged from stealth with $3.25 million in a seed round led by Conviction Ventures. Founded by ex-Twitter employees, including the former heads of product and engineering for Twitter’s developer
Read moreYouTube is now cracking down on ad-blockers globally
YouTube is now cracking down on ad-blocker usage globally, by showing warnings about breaking the platform’s terms of service. In some cases, the company is preventing users from viewing more videos unless they disable ad blocks. The video streaming platform started experimenting in June where it showed a message to
Read moreSoutheast Asia funding at its lowest level in six years
Every year, Temasek teams up with Bain & Company on the e-Conomy SEA report. It covers Southeast Asia’s digital economy and is published by Google. This year’s report, published today, underscores what many startups and investors already know—the region’s funding landscape is currently challenging to navigate. On the bright side,
Read moreBuy now, pay later platform Tabby nabs $200M in Series D funding at $1.5B valuation
The past year and a half have witnessed multiple startups facing valuation cuts as funding from VCs waned in an environment of rising interest rates. In this context, fintechs, especially buy now, pay later companies serving Western customers, including Affirm, Afterpay and Klarna, have encountered challenges in the public and
Read moreWho’s going (and who’s not) to the AI Safety Summit at Bletchley Park?
Ahead of the AI Safety Summit starting tomorrow morning taking place outside of London in Bletchley Park, today, the U.K. government has confirmed more details about who is actually going to be attending the event. The list’s publication comes after weeks of speculation and criticism that the event’s line up
Read moreElon Musk’s ‘everything app’ plan for X, in his own words
Photo illustration by Cath Virginia / The Verge | Photos by Jerod Harris, Chesnot, Getty Images During an employee all-hands, Musk said that Twitter became X to replace YouTube, LinkedIn, FaceTime, dating apps, and even your bank. Since Elon Musk bought Twitter a year ago, he has blown it up
Read moreWeWork reportedly on the verge of filing for bankruptcy, stock plummets
WeWork is on the verge of filing for Chapter 11 bankruptcy in New Jersey, according to sources cited by The Wall Street Journal. If WeWork does indeed file, it shouldn’t come as a shock to close followers of the flexible workspace provider. WeWork warned in August in its second-quarter earnings
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