Beam, a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. The fresh capital, which brings its total funding raised to $135 million, was led by Affirma Capital, with participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDB…
Elon Musk isn’t about to catch a hoped-for break from the SEC any time soon. Sources for The Wall Street Journal claim the SEC is investigating whether Musk and his brother Kimbal violated insider trading regulations with recent share sales. Officials are concerned Elon might have told Kimbal he planned to ask Twitter followers about…
Nikola Corp., the electric truck startup that went public via a SPAC, is coming closer to commercial activity after a history of over-promising, missed deadlines and investigations into its founder for lying to investors. In its fourth-quarter earnings report released Thursday, Nikola ticked off a number of recent milestones and, critically, its plans to begin…
I recently wrote about the so-called “Embedded finance” trend, citing the example of Intergiro’s recent fund-raising in the space. There’s now yet another example of this trend in the shape of HUBUC. Billing itself as “AWS for financial services” the startup — which emerged from Barcelona, Catalonia, Spain — has now raised a $10m Seed…
QuantrolOx, a new startup that was spun out of Oxford University last year, wants to use machine learning to control qubits inside of quantum computers. The company, which was co-founded by Oxford professor Andrew Briggs, tech entrepreneur Vishal Chatrath, the company’s chief scientist Natalia Ares and head of quantum technologies Dominic Lennon, today announced that…
Meta, formerly known as Facebook, today showed off a prototype of an AI system that enables people to generate or import things into a virtual world just by using voice commands. The company sees the tool, which is called “Builder Bot,” as an “exploratory concept” that shows AI’s potential for creating new worlds in the…
DeepScribe is used by more than 400 physicians and just raised $30 million to reach even more. The company’s AI-powered platform helps doctors keep better notes by automatically transcribing conversations with patients. To expand its market and reach more doctors, the company turned to venture capital and eventually connected with Nina Achadjian at Index Ventures,…
Mark Cuban’s interactive platform Fireside, which helps creators reach audiences through live and virtual shows, is in talks to raise its Series A financing round and plans to make a push into web3 and metaverse in within months, two sources familiar with the matter said. Fireside is engaging with investors to raise about $25 million…
Waymo, the autonomous driving arm of Alphabet, was granted a win on Tuesday when a California court ruled it could keep certain details regarding its AV technology secret. The company filed a lawsuit against the California Department of Motor Vehicles in late January in order to keep some information about its autonomous vehicle deployment permit,…
Listen in to the first-ever episode of Found Live. We were joined by the mother-daughter duo Jordan Taylor and Edith Cooper who co-founded Medley — a group coaching platform focusing on personal and professional growth. They talked with the Found hosts about navigating a co-founder relationship with your mother or daughter. They discuss how important…
