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News
Inside the London hacker house taking a stand against founder burnout
1+ hour ago (1354+ words) Six twentysomethings in East London have built what they say is the anti-San Francisco hacker house. The goal is a “holistic improvement in life,” rather than “12 weeks, Demo Day is coming,” Rowan Aldean, 26, explained. Intrigued, I spent an afternoon visiting…...
Silicon Valley loves young founders. Until it doesn't.
1+ day, 7+ hour ago (841+ words) For Arlan Rakhmetzhanov, 19, there is no middle ground. Either he builds a company as valuable as Google, he says, or he fails and ends up on the streets. He started coding at 15 in his native Kazakhstan, completed a couple of…...
Repeat founder Ryan Williams raises $10M seed for an AI startup for private credit managers
1+ day, 10+ hour ago (371+ words) Ellis AI announced Thursday its emergence from stealth with $10 million in seed funding from investors including First Round Capital, 645 Ventures, Harlem Capital, Khosla Ventures, Thrive Capital, Slow Capital, and Ariel Alternatives CEO Mellody Hobson. “At Cadre, I saw the next…...
When will fusion power startup Commonwealth Fusion Systems go public?
2+ day, 6+ hour ago (738+ words) Commonwealth Fusion Systems (CFS) is the best funded fusion power startup, having raised $4 billion from investors over the last seven years, including the $1 billion the company has raised now. Now, developments at CFS, plus rumblings from industry sources TechCrunch has…...
Netflix lands global streaming deal for ‘The Walking Dead’
2+ day, 6+ hour ago (421+ words) Netflix is doubling down on one of television’s biggest franchises, signing a massive new licensing agreement worth a reported $500 million to bring The Walking Dead Universe to audiences around the world. AMC Global Media announced Thursday that it has reached…...
Inforcer raises $50M to help prepare smaller businesses for a new world of AI and security risks
2+ day, 12+ hour ago (15+ words) London-based Inforcer just closed a $50 million Series C round led by Insight Partners....
Saudi prince buys 5% stake in Lucid Motors
4+ day, 4+ hour ago (344+ words) Prince Al Waleed bin Talal Al Saud, a member of the Saudi royal family, has purchased a 5% stake in Lucid Motors, increasing the Kingdom’s overall ownership of the electric vehicle company. That happened on July 14, when an electric vehicle blog…...
Antares raises $470M to build nuclear reactors for the U.S. military
5+ day, 4+ hour ago (466+ words) Nuclear power startup Antares said Monday that it has raised $470 million to build small reactors for U.S. military bases. The Series C round, which was led by Paradigm and Caffeinated Capital with participation from Industrious Ventures, Point72 Ventures, and Shine Capital, underscores…...
Inside one London founder house rewriting the founder-house rules
6+ day, 5+ hour ago (1288+ words) Six twentysomethings in East London have built what they say is the anti-San Francisco hacker house. The goal is a “holistic improvement in life,” rather than “12 weeks, Demo Day is coming,” Rowan Aldean, 26, explained. Intrigued, I spent an afternoon visiting…...
Elon Musk’s Boring Company reportedly raising funding at a $20 billion valuation
1+ week, 2+ hour ago (182+ words) Elon Musk’s tunneling startup The Boring Company is in talks to raise a $4 billion funding round at a valuation of $20 billion, according to The Wall Street Journal. The deal hasn’t closed and the terms could change, the WSJ says. At…...