Industry News
Terra Oleo’s oil-producing microbes could replace destructive palm oil plantations
Terra Oleo had operated in stealth for years, developing yeast strains capable of producing high-value oils that don’t need refining. It has raised $3.1 million.
Icarus raises $6.1M to take on space’s “warehouse work” with embodied-AI robots
Icarus Robotics wants to liberate astronauts from time-sucking logistics labor.
India’s Urban Company soars 58% above IPO price in year’s most subscribed offering
Urban Company’s IPO, which opened last week, was oversubscribed more than 100 times, reflecting strong investor demand.
Meta Connect 2025: What to expect and how to watch
Meta is expected to unveil new versions of its AI-powered smart glasses, as well as a gesture-indicating wristband.
Jack Altman raised a new $275M early-stage fund in a mere week
Altman’s first fund, raised in early 2024, was $150 million. So this is a big step up, too.
Tesla is recalling Powerwall 2 batteries over fire risk
Tesla is recalling an unspecified number of Powerwall 2 home batteries in Australia after receiving reports of fires.
CodeRabbit raises $60M, valuing the 2-year-old AI code review startup at $550M
The round, which brought the two-year-old startup’s total funding to $88 million, was led by Scale Venture Partners.
Google rolls out new Windows desktop app with Spotlight-like search tool
The app will allow people to use an Alt + Space shortcut to instantly search for information from their computer files, installed apps, Google Drive files, and the web.
VC firm Insight Partners says thousands of staff and limited partners had personal data stolen in a ransomware attack
The venture capital giant, behind cyber giants Wiz and Databricks, notified current and former employees, as well as the firm’s limited partners, that their data was stolen in a January cyberattack.