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AI boom masks fundraising struggles for non-AI startups
Earlier this year, IVP general partner Tom Loverro, proclaimed that the post-pandemic downturn is over, and companies that made it this far should prioritize growth over cost-cutting. Yet, the companies still struggling to raise their next round of financing at a higher valuation or survive altogether could still be in the thousands, according to Brian…
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Commonwealth Fusion Systems just picked its first commercial site partly because of its proximity to Washington, D.C.
The fusion startup intends to hook the power plant up to the grid in the early 2030s. © 2024 TechCrunch. All rights reserved. For personal use only.
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Bridgy Fed, a project to connect the open social web, is now becoming a nonprofit
Bridgy Fed, which is working to connect the social network Bluesky with the wider fediverse (aka the open social web), which includes sites like Mastodon and others, will be the first app incubated within a new nonprofit called A New Social. The organization, announced Tuesday, aims to bring together developers, researchers, startups, and industry leaders…