Startups and technology

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Quaise raises $134M to drill superhot rock with microwaves

Deep tech, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Sustainability, Technology, United States /

Geothermal used to mean shallow wells and modest heat. Quaise wants to drill kilometres down and blast the rock with microwaves, and it just raised $134 million to try. Quaise Energy has raised $134 million to drill for superhot rock deep underground, Bloomberg reports. Prelude Ventures led the first close of the Series B, the […]

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Norm Ai raises $120M at a $1.2B valuation to build AI-native law

Artificial Intelligence, Digital Marketing, Investors and funding, Legal, SEO Tips, Startups and technology, Technology, United States /

Most AI legal startups sell software to law firms. Norm Ai built its own firm instead, and investors just valued the bet at $1.2 billion. Norm Ai has raised $120 million in a Series C round that values the New York startup at $1.2 billion, Bloomberg first reported. Khosla Ventures, an early backer of OpenAI, […]

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Axos buys AI fintech Arc Technologies to bolt modern software onto a bank

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

Axos is buying Arc Technologies, an AI-native fintech that banks tech startups, and bolting its software onto a chartered bank. Axos Financial, a US digital bank with about $29bn in assets, has agreed to acquire Arc Technologies, the company announced. Arc runs a financial platform for technology and growth companies, bundling cash management, debt financing, […]

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Bespoke Labs raises $40M to build the training grounds for reliable AI agents

Artificial Intelligence, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

AI agents can write code and answer questions, but they still fall apart on long, messy jobs. A Mountain View startup just raised $40M to build the training grounds that fix that. Bespoke Labs, which builds the environments that train and test AI agents, has raised $40 million, the company announced. The total spans a […]

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Klarna applies for a US banking licence, its boldest American move yet

Business, Digital Marketing, Europe, Fintech and ecommerce, SEO Tips, Startups and technology, Technology, United States /

Klarna wants to be a real American bank. The Swedish BNPL giant has applied for a US banking licence, betting a friendlier Washington will let it crack a market that has bruised European rivals. Klarna has applied to US regulators to set up its own bank, tech.eu reports. The Swedish fintech filed with the Utah […]

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Camera-free smart-glasses maker Even Realities hits $1bn on a $150M raise

Artificial Intelligence, Business, Digital Marketing, Plugged, privacy, SEO Tips, Startups and technology, Technology /

Meta has sold millions of camera-equipped smart glasses, and landed in a privacy storm for it. A Shenzhen startup is betting $1bn that the smarter move is to leave the camera off. Even Realities has raised $150m at a $1 billion valuation, TechCrunch reported. Chinese giants Meituan and Tencent led the round. It makes the […]

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Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data

Artificial Intelligence, Deep tech, Digital Marketing, Europe, Gaming, SEO Tips, Startups and technology, Technology /

The last wave of AI learned to describe the world. The next needs to learn how the world pushes back. A Cambridge startup thinks the answer hides inside video games. Worldmodeldata has raised £7m (€8m) to turn gameplay into AI training data, Tech Funding News reported. London’s Iona Star Capital led the seed round. Lord […]

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Finland’s CurifyLabs raises $14M to 3D-print personalised medicine in the US

Deep tech, Digital Marketing, Europe, Health tech, Investors and funding, SEO Tips, Startups and technology, Technology /

Your prescription, printed to order. A Finnish startup wants to turn the back room of your pharmacy into a tiny, automated drug factory, and it just raised $14m to do it in America. CurifyLabs has closed a $14m (€12m) Series A, the company announced. The Helsinki firm makes machines and software that let pharmacies 3D-print […]

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Spain’s Sherpa.ai raises $18M for AI that never touches your data

Artificial Intelligence, Data and security, Digital Marketing, Europe, privacy, SEO Tips, Startups and technology, Technology /

Everyone wants the power of AI. Few want to hand their most sensitive data to a foreign cloud to get it. A Basque startup thinks it has the fix. Sherpa.ai has raised $18m to build AI that never sees your raw data, tech.eu reported. The Spanish company sells to banks, hospitals and governments, the customers […]

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AI-native startups hire fewer juniors and more elites, Harvard study finds

Digital Marketing, Future of work, SEO Tips, Startups and technology, Technology /

Startups built around AI hire fewer entry-level workers than their peers, according to a working paper from Harvard Business School and INSEAD, first reported by Business Insider. The firms are leaner, flatter, and heavily weighted towards senior technical talent. Researchers Rembrand Koning and Hyunjin Kim examined Y Combinator startups from 2020 to 2024 alongside a broader set of […]

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