AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. Sully Omar, one of the founders of Ottogrid, announced the deal Friday in a post on X. He didn’t disclose the terms. Excited to announce that Ottogrid is joining @cohere ! pic.twitter.com/FPNl9IiNW8 — Sully
Aletiq has raised a €6 million funding round led by Point Nine a few months ago (around $6.5 million at current exchange rates). The French startup is announcing the founding round today. Aletiq has been developing product lifecycle management (PLM) software for manufacturing industrial companies working in aerospace, automotive, electronics, luxury and more. When you
New $5M deep tech fund aims to lure founders from universities. Spend time at a university, and inevitably you’ll come across someone who has a plan to save the world, or at least make some small part of it better. It might be merely the optimism of youth, but sometimes they’re actually on to something.
Anthropic-backed, AI code review platform Graphite raises cash : AI coding assistants are becoming wildly popular, with the vast majority of respondents in GitHub’s latest poll saying that they’ve adopted AI tools in some form. Y Combinator partner Jared Friedman recently claimed that a quarter of YC’s W25 startup batch have 95% of their codebases generated by AI.
Al Gore, Just Climate fund raises $175M from Microsoft and CalSTRS : When it comes to climate-related investments, the lion’s share has gone to companies working in energy and transportation. Most investors overlook actual lions — that is, nature-based solutions like biodiversity tend to get short shrift in the investment world. Just $35 billion was
Coreshell : The electric vehicle transition is really a story about China. There, subsidies have helped juice not just automakers, but the entire battery supply chain behind them. Those incentives, plus decades of industrial policy focused on controlled critical mineral supply chains, has left American and European automakers flat-footed. Take graphite, for example. Every lithium-ion
TurinTech. So-called “vibe coding” with LLM-driven tools like Cursor Composer — a term coined by renowned computer scientist Andrej Karpathy — describes a hands-off approach to writing code using GenAI models, and it has really taken off recently. According to Y Combinator, one-quarter of the startups in its latest batch relies on AI to generate
U.S. President Donald Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid an uncertain public mood — all of which will inevitably impact the technology sector. On Tuesday, however, food e-commerce startup GrubMarket seemed impervious to these macroeconomic concerns: it announced a new equity round of $50 million at a post-money
Nvidia AI empire: No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared. During that period, the world’s leading
Geothermal startup Fervo Energy is reportedly eyeing an initial public offering in the next two years. Driving the consideration is the growing concern over power demand growth from data centers, which could double by 2029. “There’s clearly a huge hunger in the public markets right now to figure out, how are we going to solve
