Latest in Startup Scrubs
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A European startup scrubs its attempt to launch an orbital rocket on its first test flight
A private European aerospace company has scrubbed the first test flight of its orbital launch vehicleABC News - Mar. 24 -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - Mar. 18 -
Startup Founder Claims Elon Musk Is Stealing the Name ‘Grok’
Elon Musk said he borrowed the name from a 1960s science fiction novel, but another AI startup applied to trademark it before xAI launched its chatbot.Wired - 2d -
Trump's tariffs could mean big business for supply chain software startup LightSource
LightSource, a supply chain software startup, has raised $33 million in a funding round led by Bain Capital and Lightspeed.CNBC - 2d -
Private aerospace startup completes 1st test flight of its orbital launch vehicle
A private European aerospace startup says it has successfully completed the first test flight of its orbital launch vehicle from NorwayABC News - 3d -
This Startup Says It Can Clean Your Blood of Microplastics
The elective medical industry is cashing in on plastic pollution fears, but the evidence of harm from microplastics is still deeply uncertain.Wired - 20h -
Charlie Javice, Founder of Startup Bought by JPMorgan, Found Guilty at Fraud Trial
Her lawyer told the jury that the bank had buyer’s remorse and claimed fraud to get out of the deal.Inc. - 5d -
Always Wanted a Personal Assistant? This AI Startup Wants to Help
Yutori wants to bring AI into the workplace by creating a digital personal assistant that can actually do some work for you at the office. It just won’t bring you coffee.Inc. - 2d -
OpenAI backs deepfake cybersecurity startup Adaptive Security in new funding round
Artificial intelligence cybersecurity company Adaptive Security announced a $43 million funding round co-led by OpenAI.CNBC - 16h -
VC Math Is Still Broken And It’s Going to Stymie Innovation
Chris Olsen of Drive Capital thinks startup evaluations are still too bloated, which has limited partners wary of the startup ecosystem.Inc. - 1d -
SpaceX Faces Fresh Competition for $5.6 Billion in Government Contracts
Rocket Lab and startup Stoke Space were selected to compete for Department of Defense contracts through 2029.Inc. - 5d -
A16z speedrun opens applications for fifth event, offers $1M investment
A16z Speedrun is taking applications for its fifth event, where startups in the interactive and tech spaces receive advice and funding.VentureBeat - 2d -
In Just 3 Words, Intel’s New CEO Gave a Masterclass in Motivating a Team
Lip-Bu Tan wants to turn the fortunes of the chip-making behemoth around, and promises a startup-flavored transformation.Inc. - 1d -
This Futuristic Solar-Powered EV Just Took a Road Trip Across the American West
Aptera’s co-CEO was behind the wheel for the journey. The startup aims to test its production vehicle later this year.Inc. - 1d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 3d -
In closing remarks, prosecutor says Frank founder lied to JPMorgan Chase to secure $175 million deal
A prosecutor says a Florida woman engaged in a “brazen fraud” by selling her student aid startup to JPMorgan Chase & Co. for $175 million after dramatically exaggerating its customer baseABC News - Mar. 26 -
Elon Musk’s xAI Acquires X, Because of Course
Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk's AI startup xAI.Wired - 5d