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Restate raises $7M for its lightweight workflows-as-code platform

​[[{“value”:” When one of the co-creators of the popular open-source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of the open source project back in 2010 and then later became the CTO of Data Artisans, which aimed to monetize Flink. Alibaba then acquired the company […] © 2024 TechCrunch….

Friends & Family Capital, a fund founded by ex-Palantir CFO and son of IVP’s founder, unveils third $118M fund

​[[{“value”:” Small VC firms require deep trust, mutual support, and long-term commitment among the partners —a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO and former research VP at Peter Thiel’s Clarium Capital) and John Fogelsong (the son of IVP co-founder Norm Fogelsong) didn’t need to cultivate a family-like relationship before […] © 2024 TechCrunch….

Fisker’s troubled Ocean SUV gets its first recall

​[[{“value”:” Fisker is issuing the first recall for its all-electric Ocean SUV because of problems with the warning lights, according to new information published by the National Highway Traffic Safety Administration. The safety agency says that the Fisker Ocean’s instrument panel displays the brake, park, and antilock brake system warning lights in the wrong font size […] © 2024 TechCrunch….

Gorilla, a Belgian startup that helps energy providers crunch big data, raises $25M

​[[{“value”:” Gorilla, a Belgian company that serves the energy sector with real-time data and analytics for pricing and forecasting, has raised €23 million ($25 million) in a Series B round led by U.S. venture capital firm Headline. Founded in 2018, Antwerp-based Gorilla works with energy providers across Europe, the U.S. and Australia, including British Gas’ parent […] © 2024 TechCrunch….

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….