Y Combinator-alum Rulebase is betting that the next wave of automation in financial services won’t be about flashy AI interfaces, but the unglamorous back-office tasks like compliance. The startup, founded by Gideon Ebose and Chidi Williams, two Nigerian engineers who met in London, just raised a $2.1 million pre-seed round …
Read More »Amazon to host Prime Big Deals Day sales event on October 7 and 8
Amazon is continuing its annual tradition of hosting a second Prime event of the year, called Prime Big Deals Day, in October. Following the pattern established in recent years, the company announced the event will take place on October 7-8, with sales starting at 12:01 AM PT on October 7. …
Read More »Nothing closes $200M Series C led by Tiger Global, plans AI-first device launch
Smartphone startup Nothing announced today that it closed its Series C round of $200 million, which was led by the investment firm Tiger Global. With this round, the consumer electronics company is now valued at $1.3 billion. Other investors in the round included existing backers such as venture outfits GV, …
Read More »Rodatherm Energy wants to make geothermal more efficient, but will it be cheaper?
Rodatherm Energy, a new geothermal startup, emerged from stealth Monday with $38 million in funding and a plan to build a pilot plan in Utah. The startup differentiates itself by plumbing its boreholes with a closed loop, likely made of steel, that’s filled with a refrigerant. That contrasts with other …
Read More »With no DOJ breakup, Alphabet becomes a $3 trillion company
Alphabet hit just over $3 trillion dollars in market cap on Monday as investors continue to reward it after a federal judge declined to break the company up. On Sept. 2, U.S. District Court Judge Amit P. Mehta outlined softer-than-feared remedies for his year-ago ruling that Google maintained an illegal monopoly …
Read More »Divergent raises $290M to expand production of specialized military parts
Amid an ongoing surge in defense tech investing, advanced manufacturing company Divergent Technologies raised $290 million to expand production of missile parts and other specialized components for the military. The round, which values the company at $2.3 billion, was first reported by Bloomberg. Divergent’s customers include major defense primes Lockheed …
Read More »Robinhood plans to launch a startups fund open to all retail investors
Robinhood announced Monday it has filed an application with the U.S. Securities and Exchange Commission to launch a new publicly traded fund that will hold shares of startups. The idea behind the “Robinhood Ventures Fund I” is to allow every retail investor access to make money on the hottest startups before …
Read More »The 9 most sought-after startups from YC Demo Day
Y Combinator hosted its Summer 2025 Demo Day last week, showcasing the latest batch of over 160 startups. As with recent batches, the majority of startups presented AI-centric solutions. However, a clear evolution was evident. Instead of “AI-powered” products, many companies are now building AI agents or the infrastructure and …
Read More »Company that owns Gucci, Balenciaga, other brands confirms hack
Kering confirmed a data breach affecting customers of its luxury brands Gucci, Balenciaga, Alexander McQueen, Yves Saint Lauren, and others, on Monday. Hackers stole sensitive customer data such as names, email addresses, phone numbers, home addresses, and the total amount of money they spent in stores all over the world. …
Read More »Do startups still need Silicon Valley? Find out at Disrupt 2025
As the startup world descends on San Francisco for TechCrunch Disrupt 2025 — happening October 27–29 at Moscone West — one question looms large: Does building in Silicon Valley still give founders an edge? With 10,000+ startup and VC leaders gathering for this milestone Disrupt, the conversation around access, geography, …
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