Startups
10 articles RSS
Hermeus Raises $350 Million at a $1 Billion Valuation as It Moves Headquarters to El Segundo
Hermeus closed a $350 million Series C at a $1 billion valuation, combining equity and debt as it shifts prototyping into production and relocates to El Segundo.
Inglewood Deploys Street-Level Smart City Network Ahead of 2026 FIFA World Cup
Los Angeles-based WOW launches the EON network across Inglewood's sports district, combining digital displays with real-time traffic and emergency messaging for five million annual visitors.
Singapore Opens World's Tallest Vertical Farm as the City-State Recalibrates Its Food Security Strategy
Greenphyto's S$80 million, AI-powered indoor facility in Jurong West can produce 2,000 metric tons of vegetables per year, arriving as the global vertical farming market hits $7.5 billion and Singapore revises its food security goals.
Beehiiv Launches Native Podcast Hosting as Creator Platforms Race to Become All-in-One Content Ecosystems
Newsletter platform beehiiv now offers podcast hosting with IAB-compliant analytics and zero revenue cuts, intensifying its competition with Substack and Patreon as creator economy platforms converge on multi-format distribution.
TikTok Seeks Brazilian Central Bank Approval to Offer Payments and Lending Through Its App
ByteDance has applied for two fintech licenses in Brazil that would let TikTok issue prepaid accounts and extend credit to its 131 million adult users, marking the platform's most ambitious push into financial services outside China.
NEOM Cancels Billions in Contracts as Saudi Arabia's Flagship Smart City Pivots From Utopian Vision to Data Center Hub
Saudi Arabia terminates over $6 billion in NEOM contracts in March 2026, scaling The Line from 170 km to 2.4 km and pivoting the megaproject toward AI data center infrastructure.
Precision-Fermented Dairy Draws Fresh Capital as Standing Ovation Raises $34.2 Million and Market Projections Reach $57 Billion
A wave of investment is flowing into precision-fermented dairy proteins, with French startup Standing Ovation closing a $34.2 million Series B and the broader market projected to grow from $7.4 billion to $57.1 billion by 2032.
Sunday Reaches Unicorn Status With $165M Series B to Deploy Household Robots by Thanksgiving
Mountain View startup Sunday has raised $165 million at a $1.15 billion valuation to bring its Memo household robot from demos to real-world deployment, with beta units heading to 50 homes by late 2026.
Bluesky CEO Jay Graber Steps Down as Decentralized Social Network Discloses $100 Million Series B
Founder Jay Graber becomes chief innovation officer as Bluesky discloses a $100M Series B led by Bain Capital Crypto, but daily active users have fallen 40 percent year-over-year.
Hardware Testing Startup Nominal Hits Unicorn Status with $155 Million in Ten Months, Backed by Founders Fund and Sequoia
Nominal, an Austin-based hardware data platform, reached a $1 billion valuation after raising an $80 million Series B extension led by Founders Fund, bringing total funding to $155 million in under ten months.