Decentralized social app Bluesky has successfully raised $15 million in a Series A funding round, following its previous $8 million seed round last year. This funding comes amid significant user growth, largely driven by discontent among users of X (formerly Twitter) over recent policy changes, such as modifications to the block feature and allowing Read more…
Introduction to Lumen Orbit and Funding Success Lumen Orbit is an innovative startup focused on establishing hyperscale data centers in space. Their mission is to leverage the unique advantages of outer space—such as abundant solar energy and efficient cooling—to address the growing energy demands of AI and data processing technologies. Recently, Read more…
Kevin Ryan has established himself as a significant figure in New York City’s tech landscape. As the founder and CEO of AlleyCorp, he has been instrumental in launching and investing in numerous startups, including notable names like Business Insider, Zola, Gilt, Pearl Health, and Transcend Therapeutics. His earlier career includes Read more…
Mergers and Acquisitions Can Reshape the Competitive Landscape No two businesses are alike, and that’s a positive thing: This week has shown us once again that it creates opportunities for companies to pursue different strategies, collaborate, or challenge market leaders. Image Credits: Getty Images Most interesting startup stories from the week:- Read more…
Revolutionary Foundation Model for Brainwaves Could Transform EEG Technology AI models are increasingly being applied to various datasets, yet their outcomes often lack consistency, particularly in the medical field. A startup called Piramidal aims to address this issue with a foundational model specifically designed for analyzing brain scan data. Image Read more…