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Solana developer platform Coral raises $20M led by FTX, Jump Crypto to build web3’s iPhone

Developers are a huge catalyst for growth in the competitive world of layer-one blockchains. Where the devs go, they build out applications and robust ecosystems, and user activity and interest tends

EQT acquires Billtrust, a company automating the invoice-to-cash process, for $1.7B

Billtrust, a company developing a platform to automate the invoice-to-cash process, today announced that it agreed to be acquired by EQT, the Sweden-based private equity firm, for $1.7 billion in an a

Elon Musk wants “government-imposed muzzle” on his tweets thrown out

Tesla CEO Elon Musk is sick and tired of having to pause before tweeting to consider the potential implications on his company’s stock price. The celebrity executive is urging a federal appeals

Invisible AI raises $15M to stick worker-monitoring cameras in factories

The rise of so-called “smart factory” technologies is leading to a race to modernize manufacturing plant and warehouse floors. Old equipment is being replaced by newer, more advanced machi

Building startups in public has an end date

This week on the Equity podcast, Natasha Mascarenhas asked: How does the 'build in public' mindset impact the way that startups are built?

The unbearable lightness of being asset-light

Asset-light marketplaces have proved their worth, but the model has limitations, and has led to the development of asset-heavy platforms.

Jeli.io keeps rolling with free Slack incident response bot and new investment

Just about every company is going to face a catastrophic incident at some point where a key part of the system goes down, and you need to know not only how to respond in the moment, but how you figure

Femtosense raises capital to power the AI inside of consumer electronics

Large AI systems like OpenAI’s GPT-3 might grab headlines, but the practical limitations of power consumption and cost — not capabilities — often determine where AI is deployed. For

Hofy lands $15M to help companies remotely manage enterprise equipment

In March 2020, Sami Bouremoum and Michael Ginzo, two tech entrepreneurs with a background in consulting (Bouremoum worked for Bain & Company) and software development (Ginzo led product at hiring

Trading app Public.com debuts alternative asset offering with Birkins, Banksy and CryptoPunks

Investment app Public.com (Public), a Robinhood competitor that pivoted away from the contentious payment-for-order-flow (PFOF) revenue model, is expanding its offerings in a big way. The three-year-o

Bad robot: Europe plans product liability changes to make it easier to sue AIs

The European Union is to update product liability laws to tackle the risk of damage caused by artificial intelligence systems and address other liability issues arising from digital devices — su

TikTok says fake account removal increased 61% to 33.6M in Q2 2022

TikTok is continuing its PR offensive to convince the world that it takes its content moderator responsibilities seriously, as the Bytedance-owned social video platform today published its latest Comm

This new app is helping Gen Z invest in cars, food, video games and other ‘themes’

Michael Haddix Jr. is a former college basketball player who was pre-med until he discovered investing once finishing undergrad. After being exposed to it, Haddix  says he got “really excited” ab

Flora poised to bloom as sustainable brand marketplace launches this year

Flora's assessment tool asks members questions about their consumer behaviors, calculates a carbon footprint and suggests certain brand products to help them reduce that footprint.

Scale Venture Partners closes $900M for fund to back software startups

The firm says cognitive applications are “the next generation of software companies,” and many of the investments will go into startups focused on that.

Meta’s rebranding of Facebook Pay to Meta Pay is rolling out globally

Facebook Pay is officially being renamed to Meta Pay for users around the world, the company announced on Wednesday. Meta kicked off the rebrand in the United States in June, and is now making the cha

May Mobility, Via launch wheelchair-accessible autonomous shuttle service

Autonomous ride-hail and shuttle service May Mobility and transit tech provider Via are launching a small fleet of wheelchair-accessible autonomous vehicles in Grand Rapids, Minnesota. Via, which star

Crypto trading-focused blockchain Sei launches $50M ecosystem fund

While many layer-1 blockchains out there were built for a pretty general purpose, other networks were designed around very specific use cases. Sei, a layer-1 blockchain designed for trading, has launc

Coalesce lands fresh capital to transform data at ‘enterprise scale’

Coalesce is a startup that offers data transformation tools geared mainly toward enterprise customers. Today the company closed a $26 million Series A funding round led by Emergence Capital with parti

Cloudflare wants to replace CAPTCHAs with Turnstile

Ahead of its Connect conference in October, Cloudflare this week announced an ambitious new project called Turnstile, which seeks to do away with the CAPTCHAs used throughout the web to verify people
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