With COVID-19 disrupting the entire manufacturing supply chain including semiconductor shortages, companies across multiple industries have been struggling to seek a procurement solution that can rebalance the gap between supply and demand. CADDi, a Tokyo-based B2B ordering and supply platform in the manufacturing and procurement industry, helps both procurement (demand side) and manufacturing facilities (supply […]
Daily Crunch: Virgin Orbit rockets to $3.2B valuation in SPAC merger
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Rocket Lab’s Mars mission gets green light from NASA
Rocket Lab is one step closer to going to Mars with NASA’s approval of the company’s Photon spacecraft for an upcoming science mission. If all continues according to plan the two craft will launch in 2024 and arrive on the red planet 11 months later to study its magnetosphere. The mission is known as the […]
How Cisco keeps its startup acquisition engine humming
Cisco has a rich history of buying its way to global success. And it’s remained quite active, acquiring more than 30 startups over the last four years for a total of 229 over the life of the company.
Intel inks deal with Department of Defense to support domestic chip-building ecosystem
Intel has signed a deal with the Department of Defense to support a domestic commercial chip-building ecosystem. The chipmaker will lead the first phase of a program called Rapid Assured Microelectronics Prototypes – Commercial (RAMP-C), which aims to bolster the domestic semiconductor supply chain. The chipmaker’s recently launched division, Intel Foundry Services, will lead the […]
Kapacity.io is using AI to drive energy and emissions savings for real estate
Y Combinator-backed Kapacity.io is on a mission to accelerate the decarbonization of buildings by using AI-generated efficiency savings to encourage electrification of commercial real estate — wooing buildings away from reliance on fossil fuels to power their heating and cooling needs. It does this by providing incentives to building owners/occupiers to shift to clean energy […]
Future tech exits have a lot to live up to
Investors appear to be betting that the future IPO market will accelerate at attractive prices. Otherwise, none of what we are seeing regarding the rising price of startups makes sense.
Pry Financials raises $4.2M to make startup accounting more approachable
Pry Financials wants to make startup finances approachable for its entire team, not just the people in charge of its accounting spreadsheets. The Y Combinator alum announced today it has raised $4.2 million from Global Founders Capital, Pioneer Fund, NOMO VC, Liquid2 and Hyphen Capital. Launched in March, Pry now has more than 200 customers […]
How one founder aims to bring researchers and food producers together around cultured meat
When Clarisse Beurrier was getting her education in Chemical Engineering and Biotechnology, she already knew she wanted to make a difference; hence her participation in Effective Altruism Cambridge, an organization dedicated to helping smart and capable people target their philanthropic urges at the problems that will have the biggest actual impact on the world. She’s […]
Netflix’s live-action ‘Cowboy Bebop’ series arrives on November 19th
Netflix’s live-action adaptation of classic anime Cowboy Bebop has been a long time coming, and the show finally has a release date. The 10-episode first season will start streaming on November 19th.