Crunchbase News (1 hour ago)
California companies have scooped up more than three-fourths of all U.S. startup funding this year. That, per Crunchbase data, is an apparent record share. And keep in mind: This year still has a couple months left.
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San Francisco startup Colare has launched with $2.5M in pre-seed funding from Afore Capital, Garage Capital and Acadian Ventures. It tests hardware engineering candidates with simulations of real tasks, aiming to save senior engineers’ interview time. Half its clients are in aerospace and defence.
Lack of funding likely led to the recent PHP security snafu, but that’s just the tip of the iceberg — dreary situation caused by services running old versions with no support
False claims about customers, revenue and AI capabilities can expose founders to personal securities-fraud liability, with D&O insurance offering limited protection against established misconduct.
Most AI assistants live in a chat window. Stockholm-based Strawberry wants them to work where people already do their jobs: inside the browser, with access to the tabs, tools, and accounts they use every day.
It was another interesting week for AI-related startup funding, with a number of large rounds and quirky companies. The largest financings went to Tenstorrent, a developer of AI processors and systems, and AI lab Flapping Airplanes.
AI agents create new trade secret risks by allowing employees to access expertise or inadvertently expose proprietary information through personal devices.
From teaching robots to do everyday household chores to using lasers to track satellites in space, this month’s crop of interesting startup deals spans some decidedly different corners of tech.
Slingshot Insurance, a Minneapolis-based AI-native embedded insurance startup, is emerging from stealth with $27 million in a seed funding round co-led by Rally Ventures and Skyward Group, it tells Crunchbase News exclusively.
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