Hyperplane wants to bring AI to banks
Hyperplane, a San Francisco-based startup that is building foundation models to help banks predict customer behavior, is coming out of stealth today by announcing a $6 million funding round led by former Stripe exec Lachy Groom, who was joined by SV Angel, Clocktower Technology Ventures, Liquid2 Ventures, Soma Capital, Latitud,
Read MoreMetafuels lands $8 million bet on greener skies ahead
Metafuels sets out to change the landscape of sustainable jet fuel, and has just picked up an $8 million suitcase from baggage carousel 3 at its local ZRH. Ahh, Zurich. The company is making the sky green — literally — with its new fuel, which it calls aerobrew. Sure, it
Read MoreProcurement software startup Pivot raises $21.6 million just a few months after its creation
French startup Pivot is an interesting startup story as it is scaling at a rapid pace even though startup investments are down in Europe. After raising a $5.3 million pre-seed round in April (€5 million), the company worked on the first iteration of its procurement tool over the summer. In
Read MoreMeta aims to brings its fact-checking program to Threads next year
With two large-scale elections in the U.S. in India next year, Threads aims to introduce a fact-checking checking program to the social network. Instagram head Adam Mosseri said that the social platform currently matches ratings from Facebook or Instagram to similar content. But next year fact-checkers will have tools to
Read MoreBringing context to alerting and incident management
Ben and Ryan talk with Robert Ross, the CEO and co-founder of FireHydrant about the problem with alerting and incident management today, how holiday code freezes change incident management, and how Robert accidentally became a CEO.
Read MoreStartup studio Hexa wants to partner with startups growing too slowly
Just a couple of weeks after announcing $22 million in fundraising, Paris-based startup studio Hexa is expanding beyond its studio model to partner with later stage companies that have already found product-market fit. Called Hexa Scale, with this program, the startup studio is looking for B2B companies that already generate
Read MoreBritish International Investment backs India’s Aye Finance in $37M funding
Aye Finance, an Indian startup that offers its digital lending platform to small firms, has raised $37.18 million in a fresh funding round led by British International Investment, as it looks to continue to help micro enterprises grow their businesses and employees expand their incomes. The Series F round, which
Read MoreFCC issues final denial of $885M Starlink subsidy
The FCC has made a final denial of Starlink’s application for $885 million in public funds to expand its orbital communications infrastructure to cover parts of rural America, saying the company “failed to demonstrate that it could deliver the promised service.” As previously reported, the money in question was part
Read MoreFeds want anti drunk-driving tech in cars. Here’s what stands in the way.
The in-car tech used by the likes of Ford and GM to make sure drivers pay attention to the road has come a long way. But it’s just not ready to help prevent or mitigate the damage done by drunk driving, according to the National Highway Traffic Safety Administration. That
Read MoreTrue Anomaly raises $100M to scale space security tech
True Anomaly has closed $100 million in new funding, a strong signal that the appetite for startups operating at the intersection of space and defense is far from abating. The new round was led by Riot Ventures, with participation from Eclipse, ACME Capital, Menlo Ventures, Narya, 645 Ventures, Rocketship.vc, Champion
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