Saronic, a defense startup building autonomous ships, raises $55M
Saronic, a startup developing autonomous ships for defense, has raised $55 million in a Series A round led by Caffeinated Capital with participation from 8VC, Andreessen...
Ultra-portable monitor from Espresso Displays goes 4K
When I reviewed the Espresso Display last year, I concluded that it would be a great addition to a mobile office setup for workers who needed...
John Riccitiello steps down as unity CEO with former Red Hat chief exec Jim...
Weeks after upsetting developers with a proposed runtime fee, only to quickly backtrack on the idea, Unity announced today that CEO John Riccitiello was stepping down...
Instagram Threads preps a Trending Topics feature in battle with X
In an effort to better compete with X (formerly Twitter), Instagram’s Threads is preparing to launch a much-in-demand feature: Trends. A Threads user spotted the update...
California passes law mandating VC firms to release investments’ diversity information
Last night, California Governor Gavin Newsom signed into law Senate Bill 54, which will require venture capital firms in the state to annually report the diversity...
The AI race, crypto doldrums, and the future of fake fish
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
Our Monday show covers the...
Accel leads $21M investment in UK care home marketplace Lottie
The U.K. care home sector was pegged as £7.7 billion market in 2021, according to most recent estimates, yet capacity is shrinking at a time when...
European Digital insurtech startup Getsafe acquires Luko’s German portfolio, reaches 550,000 customers
Getsafe, a German-based digital insurtech startup, has acquired the German portfolio of Luko, a French insurtech startup that recently neared insolvency before agreeing to be acquired...
Waymo-Zeekr robotaxi poised for US testing by end of 2023
Nearly two years after Waymo and Geely struck a deal to develop robotaxis for the U.S. market, we are seeing concrete progress in the collaboration.
According to...
Tech group calls India’s proposed guidelines against dark patterns ‘regulatory overlap’
An industry group representing several major U.S. tech companies has opposed the Indian government’s proposal against dark patterns, which are used to deceive online users, and...