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Defense manufacturing startup Hadrian closes $260 million funding round led by Peter Thiel's Founders Fund

cnbc.com Samantha Subin 2025-07-21 21:20:40

Defense manufacturing startup Hadrian on Thursday announced the closing of $260 million Series C funding round led by Peter Thiel's Founders Fund and Lux Capital. The machine parts company said it will use the funding to build a new 270,000 square foot factory in Mesa, Arizona, and expand its Torrance, California, location as it looks to beef up its shipbuilding and naval defense capabilities. "What we really need in this country is this quantum leap above China's manufacturing model," said CE

Topics: defense funding hadrian led said

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Senate votes to kill entire public broadcasting budget in blow to NPR and PBS

arstechnica.com Unknown 2025-07-21 21:35:59

The US Senate voted to rescind two years' worth of funding from the Corporation for Public Broadcasting (CPB), delivering a blow to public radio and television stations around the country. The CPB is a publicly funded nonprofit corporation that supports NPR and PBS stations. The 51-48 vote today on President Trump's rescissions package would eliminate $1.1 billion that was allocated to public broadcasting for fiscal years 2026 and 2027. All 51 yes votes came from Republicans, while Sens. Susan

Topics: broadcasting cpb funding npr public

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Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO, and more

techcrunch.com Aisha Malik 2025-07-21 20:10:33

In Brief Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz; Rich Paul, CEO and founder of Klutch Sports Group; and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack’s valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity

Topics: ceo creators funding million substack

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Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more

techcrunch.com Aisha Malik 2025-07-22 01:10:33

In Brief Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz, Rich Paul, CEO and founder of Klutch Sports Group, and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack’s valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity

Topics: ceo creators funding million substack

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Crypto theft is booming as criminals increasingly turn to physical attacks

cnbc.com Ryan Browne 2025-07-22 13:34:49

The value of cryptocurrencies stolen by criminals surged in the first six months of 2025 after a high-profile hack and a wave of physical attacks targeting crypto holders and their relatives. So far this year, $2.17 billion has been stolen from crypto services — already eclipsing the $1.87 billion of funds stolen from platforms in 2024 — and this is expected to reach $4 billion by the end of 2025, according to a report published Thursday by blockchain analysis firm Chainalysis. Overall, the co

Topics: billion chainalysis crypto funds stolen

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Mill: A better build tool for Java, Scala, and Kotlin

news.ycombinator.com Unknown 2025-07-24 03:45:14

If you want to contribute to Mill, or are interested in the fundamental ideas behind Mill rather than the user-facing features discussed above, check out the page on Mill Design Principles. In particular, this video is a must-watch to help you understand the fundamental concepts behind Mill and why they are interesting:

Topics: check concepts contribute design fundamental

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Mill: A Better Build Tool for Java, Scala, & Kotlin

news.ycombinator.com Unknown 2025-07-24 08:45:14

If you want to contribute to Mill, or are interested in the fundamental ideas behind Mill rather than the user-facing features discussed above, check out the page on Mill Design Principles. In particular, this video is a must-watch to help you understand the fundamental concepts behind Mill and why they are interesting:

Topics: check concepts contribute design fundamental

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Rex Salisbury’s Cambrian Ventures raises new fund, bucking fintech slowdown

techcrunch.com Marina Temkin 2025-07-24 17:43:29

Rex Salisbury, the solo GP behind Cambrian Ventures, fondly recalls the time he fell in love with fintech. The year was 2015, he had recently left his job as an investment banker to try his hand on engineering at a mortgage startup in San Francisco. “That’s when you had companies like Stripe, Plaid, Credit Karma, Wealthfront starting to scale,” he told TechCrunch. “Lending Club had just done their IPO, and was trading really well.” Investors’ excitement for fintech grew exponentially in the fo

Topics: disrupt fintech founders fund salisbury

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The Chainsmokers’ Mantis Ventures closes $100M third fund

techcrunch.com Marina Temkin 2025-07-25 17:36:04

In Brief Mantis Ventures, the venture capital firm co-founded by Alex Pall and Drew Taggart of the electronic DJ group The Chainsmokers, has raised $100 million in commitments for its third fund. At $100 million, the firm’s newest fund is 25% larger than Mantis’s previous $80 million fund, a notable achievement at a time when many venture firms are struggling to maintain their existing fund sizes or secure new capital. Mantis has invested in B2B companies, such as cybersecurity firm Chainguar

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Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund

cnbc.com Annie Palmer 2025-07-26 17:27:49

Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of his expected wedding, in Venice, Italy, on June 25, 2025. Jeff Bezos is bringing in a veteran Amazon executive to oversee his $10 billion climate and biodiversity fund. Tom Taylor, who previously ran Amazon's Alexa voice assistant division, will serve as the new president and CEO of the Bezos Earth Fund, the former tech executive wrote in a LinkedIn post on Tuesday. Taylor announced his retirement from Amazon in 2022 after roughly 23

Topics: amazon bezos ceo fund taylor

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Brian Singerman is raising over $500M for a new fund with a twist on the VC model

techcrunch.com Marina Temkin 2025-07-27 16:33:28

Former Founders Fund GP Brian Singerman and co-founder and managing partner of Quiet Capital, Lee Linden, are seeking over $500 million for a new fund called GPx, three people familiar with their strategy told TechCrunch. A portion of GPx’s fund will likely come from Founders Fund co-founder Peter Thiel, these people said. GPx uses a two-pronged strategy. The firm will invest approximately 20% of the capital into funds managed by emerging VCs who are targeting pre-seed and seed-stage startups;

Topics: capital fund funds gpx stage

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Brian Singerman’s new fund has a twist, and Peter Thiel as a big backer

techcrunch.com Marina Temkin 2025-07-27 21:33:28

Former Founders Fund GP Brian Singerman and co-founder and managing partner of Quiet Capital, Lee Linden, are seeking over $500 million for a new fund called GPx, three people familiar with their strategy told TechCrunch. A significant portion of GPx’s fund, potentially as much as 50%, will come from Founders Fund co-founder Peter Thiel, these people said. GPx uses a two-pronged strategy. The firm will invest approximately 20% of the capital into funds managed by emerging VCs who are targeting

Topics: capital fund funds gpx stage

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UK launches £500M package to support diverse, underrepresented investors and founders

techcrunch.com Dominic-Madori Davis 2025-07-29 20:30:00

The British Business Bank, owned by the UK government, is creating a £500 million (around $674 million) economic package to help support diverse and underrepresented fund managers and founders in the country. Fifty million pounds will be set aside for female-led venture funds, which means the BBB has now committed at least £100 million (around $135 million) to supporting female-led ventures and the government’s Invest in Women Taskforce. Meanwhile, £400 million (around $539 million) will go to

Topics: fund help million venture women

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Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself

techcrunch.com Dominic-Madori Davis 2025-07-30 17:00:00

Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I. Smith launched her eponymous fund in 2022 and is a solo GP. She said she’s “stunned” by what AI can unlock for firms like hers, solo and next-generation. “I can’t imagine doing venture any other way now,” she said. “While I believe company building still requires a team effort, I believe early-stage investing is best done solo.” She appreciates how she can

Topics: ai fund said smith solo

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Empowering Disabled Students Through Teaching Tech: The TechAble Training Initiative at KNUST

computer.org Jasmine Ang 2025-08-02 03:45:12

What Is TechAble? The TechAble training initiative at the Kwame Nkrumah University of Science and Technology (KNUST) in Ghana began in February 2025 and ran for eight weeks. Aimed at supporting students with disabilities, TechAble provided mentorship and high-quality instruction for three courses: web development, graphic design, and digital marketing. The teaching and mentorship demystified commonly used programs and tools in the three course topics, allowing students to complement what they l

Topics: fund ieee participation students techable

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White Noise – secure and private messenger

news.ycombinator.com Unknown 2025-08-03 11:44:22

Non-Profit & Community-Driven White Noise is a non-profit, community-driven project. We are not funded by any corporation, and we are not beholden to any government or organization. We are a group of volunteers who are passionate about privacy and security.

Topics: community driven funded non profit

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Mistral is reportedly in talks to raise $1B

techcrunch.com Rebecca Bellan 2025-08-05 22:11:47

In Brief French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, reports Bloomberg, citing people familiar with the matter. Mistral is also talking to French lenders like Bpifrance SACA to raise hundreds of millions of euros in debt, per Bloomberg. TechCrunch has reached out to Mistral for comment. Mistral, makers of the Le Chat chatbot, is one of the most significant players in the European AI landscape with a focus on open-wei

Topics: ai billion french fund mistral

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Catalio Capital closes over $400M Fund IV

techcrunch.com Dominic-Madori Davis 2025-08-17 17:00:00

In Brief Venture capital firm Catalio Capital Management announced today the closing of its more than $400 million Fund IV, as first reported by Bloomberg. The fund will continue the firm’s thesis of backing healthcare and biotechnology companies. The firm was founded in 2020 and has made more than 100 investments, according to PitchBook. Catalio’s Fund IV, in particular, has backed 16 companies already, including the diagnostics company PinkDx and the drug discovery company Superluminal Medic

Topics: capital firm fund market million

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Senate removes ban on state AI regulations from Trump's tax bill

zdnet.com Radhika Rajkumar 2025-08-18 05:29:00

Jarmo Piironen/Getty Images Until now, the Trump administration's tax bill -- also called its "big, beautiful bill," which passed in the Senate on Tuesday -- included a rule that would prevent states from enforcing their own AI legislation for five years, and would withhold up to $500 million in funding for AI infrastructure if states don't comply. On Tuesday, a day into a "vote-o-rama" that began Monday in an effort to pass Trump's tax bill before the July 4 holiday, the Senate voted 99 to on

Topics: administration ai funding laws states

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14 Million People Could Die in Next 5 Years Due to USAID Cuts, Study Finds

gizmodo.com Ed Cara 2025-08-18 09:15:14

Elon Musk’s wood-chipping of the United States Agency for International Development (USAID) is poised to leave piles of bodies behind in its wake, a new study suggests. Scientists have calculated that recent funding cuts to USAID could lead to millions of preventable deaths worldwide over the next half-decade. An international group of researchers conducted the study, published Monday in the Lancet. They estimated that USAID funding in developing countries has helped save dozens of millions of

Topics: cuts deaths funding musk usaid

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Trump's big, revised bill will slash AI funding for states that regulate AI

zdnet.com Radhika Rajkumar 2025-08-20 12:19:00

ANDREY DENISYUK/Getty The Trump administration's tax bill -- also called its "big, beautiful bill," which is facing a vote today -- includes a rule that would prevent states from enforcing their own AI legislation for five years, and would withhold up to $500 million in funding for AI infrastructure if states don't comply. Over the weekend, senators also added exemptions for state laws targeting unfair or deceptive practices and child sexual abuse material (CSAM). The initial version of the ru

Topics: ai funding legislation regulation states

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Senate pits AI regulation against state funding

zdnet.com Radhika Rajkumar 2025-08-20 17:19:00

ANDREY DENISYUK/Getty The Trump administration's tax bill -- also called its "big, beautiful bill," which is facing a vote today -- includes a rule that would prevent states from enforcing their own AI legislation for five years, and would withhold up to $500 million in funding for AI infrastructure if states don't comply. Over the weekend, senators also added exemptions for state laws targeting unfair or deceptive practices and child sexual abuse material (CSAM). The initial version of the ru

Topics: ai funding legislation regulation states

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NIH budget cuts affect research funding beyond US borders

arstechnica.com Unknown 2025-08-20 21:07:50

Rory de Vries, an associate professor of virology in the Netherlands, was lifting weights at the gym when he noticed a WhatsApp message from his research partners at Columbia University, telling him his research funding had been cancelled. The next day he received the official email: “Hi Rory, Columbia has received a termination notice for this contract, including all subcontracts,” it stated. “Unfortunately, we must advise you to immediately stop work and cease incurring charges on this subcont

Topics: funding received research team vries

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How the Senate's ban on state AI regulation imperils internet access

zdnet.com Radhika Rajkumar 2025-08-21 16:15:56

ANDREY DENISYUK/Getty The Trump administration's tax bill -- also called its "big, beautiful bill" -- which rounds up key pieces of the president's agenda, also includes a rule that would prevent states from enforcing their own AI legislation for 10 years, if passed. After an initial budget hiccup, Republican senators successfully amended the rule to comply with budgetary requirements by adding that states trying to enforce AI regulations would not receive federal broadband funding. Here's why

Topics: administration ai funding new states

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Jesse Draper’s Halogen Ventures closes $30M Fund III to focus on ‘future of family’

techcrunch.com Dominic-Madori Davis 2025-08-22 01:23:26

In Brief Halogen Ventures closed a $30 million Fund III to invest in early-stage startups building in the “future of family,” as reported first by Fortune. The firm was founded in 2015 by Jesse Draper, the daughter of famed venture capitalist Tim Draper. She explained to Fortune that the fund will focus on the physical and financial health of households. Startups in the care economy have received more investor interest in the past few years after the pandemic, which exacerbated childcare and

Topics: fund halogen health million ventures

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Startups Weekly: Tech and the law

techcrunch.com Anna Heim 2025-08-22 13:05:00

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Before this newsletter takes a break for the Fourth of July next week, here are the startup stories and funding rounds that caught our eye over the last few days, which have been quite busy. Most interesting startup stories from the week Image Credits:SOPA Images / Contributor / Getty Images This week brought us lawsuit updates, M&As, and a

Topics: ai funding million raised startup

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100,000 Mattresses Sold on Amazon Are Being Recalled Due to Fire Risk. Here’s What You Should Know

cnet.com See Full Bio 2025-08-26 01:30:00

You'll want to check the tags if you purchased a mattress from Amazon within the past couple of years. According to the US Consumer Product Safety Commission (CSPC), around 100,000 Crayan mattresses are being recalled due to flammability risks as of June 18, 2025. Here’s how to check if you have one of these mattresses and how to receive a refund. What products are being recalled? The recall involves Crayan Mattresses’ 10-inch and 12-inch beds (twin, full, queen and king sizes), sold on Amazon

Topics: crayan mattress mattresses recalled refund

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Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round

cnbc.com Ryan Browne 2025-08-30 16:59:54

Crypto company Digital Asset said Tuesday that it's netted $135 million in funding from a raft of major names in banking and finance. The firm, which touts itself as a regulated crypto player, said it raised the fresh cash in a funding round co-led by DRW and Tradeweb, with Goldman Sachs , BNP Paribas and Ken Griffin's Citadel Securities also investing. The investment highlights how large financial institutions are embedding themselves in the once murky world of cryptocurrencies. Previously a

Topics: asset crypto digital funding goldman

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SMB-focused Finom closes €115M as European fintech heats up

techcrunch.com Anna Heim 2025-09-02 03:01:00

While funding may be scarce for some, Europe’s fastest-growing startups still have their pick. The latest beneficiary of that investor appetite is Finom, a five-year-old, Amsterdam-based challenger bank that targets small and medium-size businesses across Europe. The company, which claims to have doubled its revenue in 2024, just closed a €115 million Series C equity round (around $133 million), TechCrunch learned exclusively. This comes only a few weeks after it landed $105 million in growth f

Topics: company finom funding million series

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The new math: Why seed investors are selling their winners earlier

techcrunch.com Connie Loizos 2025-09-01 07:04:28

Charles Hudson had just closed his fifth fund several months ago — $66 million for Precursor Ventures — when one of his limited partners asked him to run an exercise. What would have happened, the LP wondered, if Hudson had sold all his portfolio companies at Series A? What about Series B? Or Series C? The question wasn’t academic. After two decades in venture capital, Hudson has been watching the math of seed investing change, maybe permanently. LPs who’ve previously been patient with seven-to

Topics: funds hudson like says venture

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Latest Tech News

Defense manufacturing startup Hadrian closes $260 million funding round led by Peter Thiel's Founders Fund

Senate votes to kill entire public broadcasting budget in blow to NPR and PBS

Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO, and more

Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more

Crypto theft is booming as criminals increasingly turn to physical attacks

Mill: A better build tool for Java, Scala, and Kotlin

Mill: A Better Build Tool for Java, Scala, & Kotlin

Rex Salisbury’s Cambrian Ventures raises new fund, bucking fintech slowdown

The Chainsmokers’ Mantis Ventures closes $100M third fund

Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund

Brian Singerman is raising over $500M for a new fund with a twist on the VC model

Brian Singerman’s new fund has a twist, and Peter Thiel as a big backer

UK launches £500M package to support diverse, underrepresented investors and founders

Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself

Empowering Disabled Students Through Teaching Tech: The TechAble Training Initiative at KNUST

White Noise – secure and private messenger

Mistral is reportedly in talks to raise $1B

Catalio Capital closes over $400M Fund IV

Senate removes ban on state AI regulations from Trump's tax bill

14 Million People Could Die in Next 5 Years Due to USAID Cuts, Study Finds

Trump's big, revised bill will slash AI funding for states that regulate AI

Senate pits AI regulation against state funding

NIH budget cuts affect research funding beyond US borders

How the Senate's ban on state AI regulation imperils internet access

Jesse Draper’s Halogen Ventures closes $30M Fund III to focus on ‘future of family’

Startups Weekly: Tech and the law

100,000 Mattresses Sold on Amazon Are Being Recalled Due to Fire Risk. Here’s What You Should Know

Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round

SMB-focused Finom closes €115M as European fintech heats up

The new math: Why seed investors are selling their winners earlier

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