Hanging mangrove seedlings to raise awareness
Hanging mangrove seedlings to raise awareness
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TechCrunchAllozymes puts its accelerated enzymatics to work on a data and AI play, raising $15M
Allozymes' ingenious method of quickly testing millions of bio-based chemical reactions is proving to be not just a useful service, but the basis of a unique and valuable dataset. The company just raised a $15 million Series A to grow its business from a helpful service to a world-class resource. The company has grown to 32 people in the U.S., Europe and Singapore, and has 15 times the lab space, which it has used to accelerate its already exponentially faster enzyme-screening technique.
- TechCrunch
Climate tech investment roars back with an $8.1B start to 2024
Climate tech startups raised $8.1 billion in the first quarter, near record amounts of money that suggest 2023’s quiet close might have been more of a blip than the sign of a protracted downturn. The figure, contained in a new report from PitchBook, shows that climate tech hasn’t succumbed to the same slowdown that has dragged on the rest of the venture community. A deeper look into the $8.1 billion raised in the first quarter shows that investors focused their attention on materials, including green steel and battery materials and minerals.
- TechCrunch
Hubble Network makes Bluetooth connection with a satellite for the first time
Hubble Network has become the first company in history to establish a Bluetooth connection directly to a satellite — a critical technology validation for the company, potentially opening the door to connecting millions more devices anywhere in the world. The Seattle-based startup launched its first two satellites to orbit on SpaceX’s Transporter-10 rideshare mission in March; since that time, the company confirmed that it has received signals from the onboard 3.5mm Bluetooth chips from over 600 kilometers away. Haro said the low-hanging fruit is those industries that are desperate for network coverage even once per day, like remote asset monitoring for the oil and gas industry.
- Yahoo Sports
Georgia gives Kirby Smart a raise to make him the highest-paid coach in college football
Smart is set to make $13 million in 2024 and his contract now goes through 2033.
- The Yodel
House passes antisemitism bill amid campus protests, Trump faces 2nd contempt hearing and 'The Idea of You' premieres
Get caught up on this morning’s news: The House’s antisemitism bill, Trump’s second contempt hearing and more in today’s edition of The Yodel newsletter
- Yahoo Personal Finance
CD rates today, May 2, 2024 (top APY reaches 5.15%)
If you’re on the hunt for today’s best CD rates, we’ve narrowed down some of the top offers. Learn more about CD rates today and how to open an account.
- TechCrunch
Dropbox, Figma CEOs back Lamini, a startup building a generative AI platform for enterprises
Lamini, a Palo Alto-based startup building a platform to help enterprises deploy generative AI tech, has raised $25 million from investors, including Stanford computer science professor Andrew Ng. Lamini, co-founded several years ago by Sharon Zhou and Greg Diamos, has an interesting sales pitch. Many generative AI platforms are far too general purpose, Zhou and Diamos argue, and don't have solutions and infrastructure geared to meet the needs of corporations.
- Engadget
Crunchyroll announces first price hike since Funimation purchase
Crunchyroll, like many other streaming services recently, is raising its subscription prices
- Yahoo Sports
U.S. Congress asks F1 for formal explanation after rejecting Michael Andretti's bid to own a team
F1 rejected Michael Andretti's bid to own a team until at least the 2028 season earlier this year.
- TechCrunch
Tiger Global-backed Innovaccer in talks to raise $250M in new funding, sources say
Innovaccer, a health tech startup that aggregates patient data across systems and care settings, is in advanced stages of talks with investors to raise as much as $250 million in a new financing round, three sources familiar with the matter told TechCrunch. The deliberation for the new funding round is ongoing, and the current talks propose a value of between $2.5 billion and $3 billion for the nine-year-old company, the sources said, requesting anonymity, as the details are private. The company has developed a cloud-based software layer that integrates with existing electronic health record systems used by healthcare facilities.
- Yahoo Finance
CVS stock plunges after earnings numbers one analyst 'did not even believe'
CVS warns it could cede Medicare Advantage market share as reimbursement rates pressure the company.
- Yahoo News
House to vote on antisemitism bill amid campus protests over the war in Gaza
While it’s expected to pass, the resolution will likely expose a bitter divide between moderate and progressive Democrats over the war in Gaza.
- Autoblog
NYT learns how GM car buyers wound up in a program that raised insurance rates
The NYT discovers how dealer salespeople were opting buyers of GM cars into a the Smart Driver+ program that could raised a driver's insurance rates.
- Engadget
Peacock is raising prices again, just in time for the Olympics
Peacock is raising its subscription prices for the second time in a year. Starting in July, subscriptions will cost $8 to $14 per month.
- Yahoo Sports
Patriots reportedly giving DT Christian Barmore huge raise with 4-year extension worth up to $92M
Christian Barmore was originally set to make $1.82 in base salary. Now he'll be getting quite a lot more.
- TechCrunch
Getir pulls out of US, UK, Europe to focus on Turkey — 6,000+ jobs impacted
True to its business concept, Turkey's "instant delivery" juggernaut Getir rose quickly. On Monday, the company -- once valued close to $12 billion -- announced it would shut down its operations the U.S., the U.K. and Europe to focus solely on its home market of Turkey. The move puts a bitter end to the company's very aggressive expansion strategy that saw it raise billions of dollars to grow organically and also snap up a number of equally aggressive, yet struggling, competitors to position itself as the market leader.
- Autoblog
Volvo EX30 endures a side impact crash test with an EX90
Volvo wants to make a point about safe its tiny electric EX30 crossover is, so it put the EX30 through a side impact crash test with an EX90.
- Autoblog
Kia EV9 Luggage Test: How much fits behind the third row (and frunk)?
Taking a look at how much fits in the EV9's 20.2-cubic-feet of volume behind its third row as well as inside its frunk.
- Yahoo News
Trump gets roasted at White House correspondents’ dinner, as pro-Palestinian protesters take aim at Biden. Here’s what to know.
From Biden's age to Trump's legal woes, nothing was off limits.
- TechCrunch
OpenAI Startup Fund quietly raises $15M
The OpenAI Startup Fund, a venture fund related to -- but technically separate from -- OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and Exchange Commission, two unnamed investors contributed the $15 million in new cash on or around April 19. The paperwork was submitted on April 25, and mentions Ian Hathaway, the OpenAI Startup Fund's manager and sole partner.