• info@steminsights.org

Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry

​[[{“value”:” South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems the space is already consolidating. Two of the country’s prominent fabless AI chip startups, Rebellions and Sapeon, have agreed to merge, the companies said on […] © 2024 TechCrunch….

Germany’s Black Semiconductor raises $273M for graphene-based chip tech

​[[{“value”:” Tech sovereignty has become a looming priority for a number of nations these days, and now a startup working in semiconductors has received a major boost in aid of that effort for Germany and Europe.   Black Semiconductor, which is developing a new kind of chip-connecting technology based on graphene, has raised €254.4 million (around $273 […] © 2024 TechCrunch….

Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers

​[[{“value”:” It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth Wednesday with $13 million in […] © 2024 TechCrunch….

Apex’s off-the-shelf satellite bus business attracts $95M in new funding

​[[{“value”:” Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations.  The Los Angeles-based startup successfully launched and commissioned its first spacecraft, a model called Aries, in March. That mission has gone off seemingly without a hitch — a rarity in the space industry […] © 2024 TechCrunch….