Business

Superhuman bought Fathom and its 400,000 monthly users: the buyer's chief admits they tried it themselves, then realised how hard it is

A startup valued at 94 million dollars changed hands, and both sides said openly what was being bought - not...

15 hours ago Read more →

Business

Fusion Has Found Its First Reliable Customer, and It Is Not Electricity: the Lasers Are Going to an Arms Manufacturer

A technology sold for decades as the answer to the climate is now taking money from the defence industry. The...

1 day ago Read more →

Business

WordPress's Founder Returned to the Top of Automattic Three Days After the Board Vote: "I'm a Pirate Now"

The board voted, the founder kicked the administrators out of Slack and held out for three days. What does a...

2 days ago Read more →

Business

Mecka pays people to film themselves making coffee, and Sequoia values it at 500 million dollars

Three months ago the company raised 60 million. Now it is worth almost ten times that, and its product is...

3 days ago Read more →

Business

The Austrians Want UNI Banka Too: a Bid for 100 Percent of the Shares at 126.38 Euros Each

After Ohridska Banka, Sparkasse has gone after a second one. The approvals come from Podgorica, Belgrade and Frankfurt. The market...

4 days ago Read more →

Business

Three Germans Came Back From Silicon Valley and Raised 4 Million Dollars From Americans: Their First Client Is Deutsche Bahn

They had offers and visas to stay in the US. They went back to Munich because the numbers worked better...

4 days ago Read more →

Business

A Startup Walked Away From a Signed Investor Term Sheet After Salesforce Offered Two Billion Dollars for the Whole Company

A signed term sheet in venture capital is treated as a word of honour. When the buyer offers sixty-seven years...

5 days ago Read more →

Business

A European firm raised 450 million dollars to compete with SpaceX: 10 missions are already booked, and the launch pad is not yet paid for

The queue for putting cargo into orbit is growing faster than the capacity, and one supplier holds almost all of...

6 days ago Read more →

Business

Eric Wu Is Building Software That Whispers to Construction Workers: the Real Product Is Not the Software, It Is the Footage From Their Eyes

Opendoor's founder raised 25 million dollars for an app that tells construction workers whether they installed something correctly. What the...

7 days ago Read more →

Business

Krafton Is Putting Another 250 Million Dollars Into India After Two Bans on Its Game: the Money No Longer Goes Into Games

Twice they threw its game off the Indian market. Now the company is investing half a billion there, and outside...

8 days ago Read more →

Business

77 percent of companies reassess their AI vendor every six months: a startup's annual revenue no longer guarantees anything

Budgets are growing, contracts are shortening. When a client re-examines you twice a year, a valuation built on multi-year revenue...

9 days ago Read more →

Business

Three Months Out of Stealth and Already Worth 1.2 Billion Dollars: The Company Does Not Build Robots, It Records What Robots Do Not Know

The large models had the entire internet to learn from. Robots have nothing of the sort, and that very gap...

10 days ago Read more →