With €750M First Close, Mundi Ventures’ Kembara Fund Emerges as Major Capital Force for European Deep Tech and Climate Transition
Many early-stage European climate tech startups fail to secure Series B funding due to a lack of growth capital. Spain’s **Mundi Ventures** is addressing this gap with its new **Kembara Fund**, which has reached a €750 million first close and targets a final size of €1.25 billion. The fund focuses on Series B and C […]
Read More
SpaceX Enterprise Town approved to establish Municipal Police Department in Starbass
The company town of Starbase in Texas, home to SpaceX’s operations, is moving forward with establishing its own municipal police department, with plans to hire eight officers. City Administrator Kent Myers stated this initiative is crucial for protecting SpaceX’s significant local assets and operations. This isolated town of just a few hundred residents, primarily employees, […]
Read More
OpenAI’s Sam Altman Launches Unusually Sharp Attack on Claude’s Super Bowl Ads
During the Super Bowl, Anthropic released a satirical ad: a user asks a chatbot mimicking ChatGPT for advice on talking to his mother, but the bot abruptly recommends a fictional dating website. Another ad shows a user seeking fitness advice being served an ad for height-boosting insoles. These commercials take aim at its rival OpenAI, […]
Read More
Indian startup Varaha raises $20M to expand low-cost carbon removal projects in Global South
Indian climate tech company Varaha has completed the first tranche of its $20 million Series B funding round, led by WestBridge Capital. The company focuses on carbon removal projects in Asia and Africa, including regenerative agriculture and biochar initiatives, having already removed over 2 million tons of carbon dioxide and issued approximately 150,000 internationally certified […]
Read More
YC Startups Can Now Get $500K Seed Investment in Crypto
All startups admitted to Y Combinator (YC) will soon have the option to receive their seed funding via stablecoins, according to Nemil Dalal, a crypto-focused partner at YC, in an interview with The Block. (shrinking yc) YC’s signature “standard deal”—investing $500,000 in exchange for 7% equity in selected startups—will now be executed on blockchain networks, […]
Read More
Intel enters new markets with GPU as key strategic move
At the Cisco AI Summit, Intel CEO Lip-Bu Tan announced that the company will enter the graphics processing unit (GPU) market, a sector currently dominated by NVIDIA. Unlike traditional CPUs, GPUs are specialized for tasks such as game rendering and artificial intelligence model training. (Intel CEO Lip-Bu Tan) The project will be overseen by Kevork […]
Read More
Stanford Students Secure $2M to Launch National Startup Accelerator for Peers
Two Stanford students, Roman Scott and Itbaan Nafi, have raised $2 million for their accelerator program “Breakthrough Ventures,” which funds startups founded by U.S. college students and recent graduates. The program offers selected ventures up to $10,000 in grants, computing credits, legal support, and mentorship, with an opportunity for a $50,000 follow-on investment. (Roman Scott […]
Read More
China Mandates Mechanical Door Handles, Phasing Out Hidden Designs
China’s Ministry of Industry and Information Technology has announced new regulations requiring all vehicles sold in China (excluding tailgates) to be equipped with mechanical door release mechanisms, both inside and outside the car, effective January 1, 2027. This move effectively bans the hidden, electronically operated door handles popularized by Tesla. (tesla door Getty) The regulation […]
Read More
Waymo Secures $16 Billion War Chest for Global Robotaxi Expansion
Waymo, the autonomous vehicle company owned by Alphabet, has announced the completion of a $16 billion funding round, bringing its valuation to $126 billion. The round was led by Dragoneer, DST Global, and Sequoia Capital, with parent company Alphabet participating and retaining its controlling stake. Several other prominent institutions, including Andreessen Horowitz and Mubadala Capital, […]
Read More
Cornell’s Underwater Concrete 3D Printing Tech Nears DARPA Milestone
Cornell University researchers are pioneering an effort to extend 3D printing technology into the ocean, developing an innovative method to print concrete directly underwater. Funded by DARPA, the project aims to enable intelligent, non-destructive construction and repair of subsea infrastructure. (Underwater Concrete 3D Printing) Traditional underwater construction faces significant challenges, notably the “washout” problem where […]
Read More