FedEx has ordered 2,000 electric delivery trucks from California startup Harbinger in a $300 million deal, with deliveries running through…
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$5.7B EU fund instantly backs $11B satellite startup ICEYE
Europe’s new Scaleup Europe Fund announced its first investment one day after becoming operational. The €5 billion ($5.7 billion) initiative…
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NYC Enterprise AI Firm Chooses Luxembourg for First European Headquarters
New York AI firm Verneek will establish its first European headquarters in Luxembourg, the company announced. Pending final agreements, the…
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Fremont franchise giant buys 550 Del Taco restaurants for $115 million
Jack in the Box sold Del Taco to Fremont-based franchise operator Yadav Enterprises for $115 million in cash on October…
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FDA warning kills pandemic testing giant once valued at $2.3 billion
Cue Health is shutting down permanently, with all remaining U.S. employees receiving final paychecks on May 24. The San Diego…
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European startup secures $450 million to build reusable spacecraft challenging SpaceX
European spacecraft developer The Exploration Company secured $450 million in Series C funding, the largest round of its kind for…
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$100 Million Fuels Pixxel’s Planetary Infrastructure Expansion
Pixxel secured $100 million in Series C funding, India’s largest space-tech round to date, co-led by Temasek and Seraphim. The…
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UK chip startup Fractile claims path to Britain’s first trillion-dollar company
Carmen Alfonso Rico, vice president of business operations at UK AI chip startup Fractile, said the company could become Britain’s…
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AppLovin cuts 120 jobs despite $41 billion stock surge
AppLovin laid off 120 employees despite a staggering stock surge that added $41 billion in market value over two days…
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Brainerd ice fishing company pays $115,000 after denying cancer patient transfer
A Brainerd ice fishing shelter manufacturer will pay $115,000 to settle allegations it denied a cancer patient equal access to…
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