Startups

Oura co-founder and Business Finland back Audicin’s €1.6M raise to wire nervous-system recovery into wearables and apps — TFN

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Wellness tools typically demand something most people cannot spare: time, attention, and ideal conditions. Audicin is building around that gap. The Finnish neurotech startup has raised $1.9 million (€1.6 million) to scale a system that passively regulates the nervous system in the background of everyday life, without asking users to pause anything. The round includes … Read more

GITEX AI Asia returns to Singapore amid investment surge

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GITEX AI ASIA will return to Singapore for its second edition at Marina Bay Sands, bringing together participants from more than 110 countries. Organisers expect the event to feature more than 550 enterprises and startups, 250 investors managing over USD $350 billion in funds, and more than 175 speakers. The announcement comes amid forecasts of … Read more

Microsoft hires the team of Sequioa-backed AI collaboration platform, Cove

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The team behind Cove, a Sequioa-backed startup that was working on an AI-powered collaboration board, has joined Microsoft, according to an email sent to customers informing them that Cove’s service is shutting down. Cove was founded in late 2023 by Stephen Chau, Andy Szybalski, and Mike Chu, who worked on Google Maps features like Street … Read more

Kinnevik CEO Steps Down: Updates & Analysis

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Archyde Kinnevik AB has parted ways with its Chief Executive Officer, Joakim Ganev, effective immediately, the Swedish investment firm announced today. The decision follows a period of underperformance and a significant decline in the company’s net asset value (NAV). The move comes as Kinnevik reported a sharp stock drop in its fourth-quarter 2026 earnings call, … Read more

Spaceium demonstrates refueling actuator in orbit

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SAN FRANCISCO – Spaceium, a startup planning to establish a network of in-space refueling and repair stations, demonstrated the actuator for its robotic arm in space.   Extensive testing of Spaceium’s actuator, which flew on Transporter-15, the SpaceX Falcon 9 rideshare launched in November, confirmed its accuracy.“We tested the actuator first, because our technology revolves … Read more

Meet the Sydneysider brokering peace talks between Anthropic and OpenAI — Capital Brief

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Manik Surtani has a warning about artificial intelligence, and it has nothing to do with robots taking over. “If AI becomes like social media, we’re all in trouble,” the Sydney-based technologist says. “That’s the worst possible outcome in my mind — controlled by a few companies, a monopoly, something that can be easily abused.” Surtani … Read more

Inside 1mind’s $40M AI Bet, and The Superhuman Vision Behind It

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1Mind founder Amanda Kahlow with her daughter, pictured alongside investor Cassie Young of Primary Ventures Amanda Kahlow Like many great entrepreneurs, Amanda Kahlow’s journey started on a whim. She was 21 years old when she sold a jeweler a kiosk she didn’t know how to build. She hit Pearl Street in her hometown of Boulder … Read more

Samsung and Perplexity AI in Partnership Talks

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Samsung is close to unveiling a new deal with Perplexity AI, Bloomberg reported Monday (June 2). The arrangement would see the South Korean company invest in the artificial intelligence firm as it integrates its technology into its hardware, the report said. The companies are in talks to include Perplexity’s app and assistant on new Samsung … Read more

SVB Collapse: Equity & Entrepreneur Funding

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The sudden collapse of Silicon Valley Bank (SVB) ⁢has instantly amplified existing anxieties surrounding access to ⁤capital, particularly for minority-owned businesses. This event spotlights critical issues, including lending discrimination and significant disparities ‍in funding opportunities. Experts are closely analyzing the ⁤ripple‍ effects as⁣ the ‍fallout from SVB’s failure specifically impacts the venture capital landscape and … Read more