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New rounds will help startups challenge well-funded rivals

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New rounds will help startups challenge well-funded rivals

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.

It was once again the private market that generated the most funding-related news in the startup world this week, both for companies and for funds. But it would be a mistake to forget the public sector; startups gathered with lawmakers, while others obtained and lost licenses.

Most interesting startup stories from the week

composite of Fisker Ocean SUV, Fisker logo
Image Credits:Bryce Durbin / TechCrunch

This week offered reminders that for better or for worse, startups have to interact with regulators to retain licenses and stay out of trouble.

Bumpy road: Fisker‘s bankruptcy process isn’t going smoothly. The failed EV manufacturer is under investigation by the SEC, and earlier this week, American Lease, the company buying its remaining fleet, said it might not complete the purchase

Snapped: LoanSnap lost its license to operate in Connecticut, four months after TechCrunch’s exclusive reporting about how the AI-powered mortgage startup was facing multiple lawsuits.

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Licensed to bill: French unicorn Alan expanded into Canada, where there hadn’t been any new health insurance company since 1957. The startup plans to hire 50 people in the country.

Most interesting fundraises this week

A large yellow dump truck carries ore out of a pit mine.
Image Credits:RiverRockPhotos / Getty Images

Some of the rounds we learned about this week were quite big, but perhaps not overly so considering the problems these startups are tackling and the competitors they face.

Striking gold: KoBold Metals, a minerals discovery startup, raised $491 million of a targeted $527 million round, according to an SEC filing. The company uses AI to surface data that can help locate cobalt, copper, lithium, and nickel.

Well supplied: Auger, a company developing AI-powered supply chain tools, raised a giant $100 million seed round. Such a big raise could be because of its high-profile CEO, Dave Clark, formerly of Amazon and Flexport. But Auger also has to compete with well-funded rivals. 

ProteinGPT: Basecamp Research, a London-based startup unrelated to Basecamp the product management platform, raised a $60 million Series B round of funding to build a “GPT for biology.” The company claims that its foundational model, BaseFold, outperforms DeepMind’s AlphaFold 2 at predicting large, complex proteins.

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AMD vs. Nvidia: Cloud infrastructure startup TensorWave wants to offer an alternative to Nvidia hardware for AI compute and secured a $43 million round with participation from AMD Ventures. It is based in Las Vegas, where energy costs are lower than in many major U.S. cities. 

Lifeline: Qantev, a Paris-based startup that sells enterprise software helping health and life insurers use AI to process claims, raised a €30 million Series B round of funding led by Blossom Capital.

Most interesting VC and fund news this week

Diagram, venture studio, climate tech
Image Credits:Diagram

Climate incubation: Montreal-based venture studio Diagram expanded into climate tech with the launch of its fourth studio fund, Diagram Climate Tech, which was oversubscribed and closed at $58 million.

Follow-on: General Catalyst is working on raising a “continuation” fund worth up to $1 billion, sources told TechCrunch.

Balance: NFX laid off four employees in September — one product leader and three engineers. The VC firm is looking to “rebalance” its resources toward its investing team, general partner Pete Flint told TechCrunch. 

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Last but not least

Shield AI cofounder Brandon Tseng
Image Credits:Shield AI. Photo by Rod Lamkey, Jr.

Shield AI co-founder Brandon Tseng talked to TechCrunch about defense tech and the war in Ukraine, one week after he and other startup execs gathered with members of the U.S. House Armed Services Committee in a rare public hearing in Silicon Valley. A former Navy SEAL, Tseng is firmly opposed to fully autonomous weapons.

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Pasang Rak server 32 U Rakit rak server 32 U Semarang Indorack Presisi

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Pasang Rak server 32 U Rakit rak server 32 U Semarang Indorack Presisi

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Leak: AMD’s Ryzen 9000X3D chips aren’t looking like a leap forward

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Leak: AMD’s Ryzen 9000X3D chips aren’t looking like a leap forward

According to slides from an MSI presentation published by HardwareLuxx today (via VideoCardz), the new chips may have respectable multicore performance gen-over-gen, with an eight-core 9000X3D outperforming a Ryzen 7 7900X3D by up to 28 percent in Cinebench R23. But they can offer as little as 2 percent gains in Black Myth: Wukong and Shadow of the Tomb Raider, according to MSI’s preliminary testing.

And against the vanilla Ryzen 9000 series, MSI found that X3D performance was so close as to practically be the same. MSI does note that “Performance is expected to be better on PR samples and retail chips,” though.

At the same CPU frequency, MSI believes Ryzen 9000X3D performance is the same as with non-X3D chips.
Image: HardwareLuxx

It’s not clear whether HardwareLuxx broke an embargo or whether MSI might be responsible for the leak — strangely, it appears that section of the presentation was mostly about Intel’s new Core Ultra 200S chips, and it’s not clear why unreleased AMD chips would be part of that section. The presentation shows that MSI’s discussion of Intel chips was embargoed to October 10th.

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Quordle today – hints and answers for Saturday, October 12 (game #992)

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Quordle on a smartphone held in a hand

Quordle was one of the original Wordle alternatives and is still going strong now nearly 1,000 games later. It offers a genuine challenge, though, so read on if you need some Quordle hints today – or scroll down further for the answers.

Enjoy playing word games? You can also check out my Wordle today, NYT Connections today and NYT Strands today pages for hints and answers for those puzzles.

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Visit 2010: Fujitsu PRIMERGY BX400 Blade Server

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Visit 2010: Fujitsu PRIMERGY BX400 Blade Server



The Fujitsu PRIMERGY BX400 blade server is a compact IT infrastructure in a box. It is ideally suited to medium-sized companies and branch offices, but also — as an extension to the PRIMERGY BX900 — to larger enterprises that don’t need the computing power of 18 blade servers. The PRIMERGY BX400 simplifies IT operations across the entire lifecycle. .

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The best family movies on Disney Plus right now

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The best family movies on Disney Plus right now

One of the best streaming services for family movies is Disney+. Disney’s movie selection is elite compared to the other major studios. It’s hard to beat a legacy studio that’s been around for 100 years. Throw in Marvel, Pixar, and Star Wars, and you have endless hours of content to consume.

What specific movies can Disney+ offer to subscribers? The biggest movie of 2024, Inside Out 2, is finally available on Disney+, meaning kids can watch this instant classic as many times as they please. For the pre-teens, the Descendants franchise has a new entry. Peruse the entire list, find what you like, and schedule your next family movie night.

For more Disney+ content, we selected the best movies on Disney+ to watch right now. Additionally, we’ve also rounded up the best new movies to stream, the best family movies on Amazon Prime Video, and the best family movies on Netflix if you don’t find what you’re looking for on Disney+.


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HP ProLiant DL180 Gen9 Rack Server Review – Technical Overview in 4K Video!

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HP ProLiant DL180 Gen9 Rack Server Review - Technical Overview in 4K Video!



1:30 Save up to $150 OFF!

HP’s ProLiant DL180 Gen 9 server is a 2U rack server with a beautifully simple, yet versatile design. It’s an affordable entry-level system that features a winning combination of compute, performance, and storage. The DL180 platform is a good fit for budget-conscious data centers, service providers, and small to medium-sized business running Hadoop, cloud-based software or mobile applications. Inside the case, a dual socket motherboard features Intel’s C610 chipset, which can support up to two E5-2600 v3 or E5-2600 v4 processors with up to… watch the video!

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