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Prmagazine > News > News > Startups Weekly: Stay tuned for the Rippling espionage movie | TechCrunch
Startups Weekly: Stay tuned for the Rippling espionage movie | TechCrunch

Startups Weekly: Stay tuned for the Rippling espionage movie | TechCrunch

Welcome to the Startups Weekly – You review every week everything you can’t miss in the startup world. Want to be in your inbox every Friday? Register here.

This week reminds us that different startups share a different way of news: Some choose to stay quiet for a long time, even about their acquisition details. However, others are as loud as their competition.

The most interesting entrepreneurial story of the week

Parker Conrad, CEO talk with Mary Ann Azevedo "worldwide" October 20, 2022 at TechCrunch Disrupt in San Francisco. Image source: Haje Kamps/TechCrunch
Parker Conrad, CEO of Ripple.Image source:Haje Kamps/TechCrunch

They are not always reliable when founders claim there is nothing to worry about, or when they suggest something suspicious. But either way, it can be through popcorn; it’s more interesting than when they refuse to reveal any details.

Corporate spy: After the lawsuit was filed, human resources technology startups were openly rippling Issuing the affidavit of its former employees Accused of spying competitors. This reads a lot like a movie script, and we wouldn’t be surprised if Hollywood producers noticed Hollywood producers.

A sign of trouble: EV Truck Manufacturer Omen Canoo has been accused of hiding assets during its bankruptcy and opposes the sale of the company’s assets to Canoo’s CEO Anthony Aquila, saying “unfairly favored”.

From South: Qualcomm Obtained Vinai’s Generation AI DepartmentIt is a Vietnam-based AI research company founded by former DeepMind research scientist Hung Bui. The terms of the transaction are not disclosed.

Epic tags:Fortnite Maker Epic Games paid undisclosed amounts Obtain the locusan AI platform that automatically marks 3D assets, makes search and IP infringement detection easier.

AMA: Confused CEO Aravind Srinivas is willing to confirm the company There are “no plans to conduct IPOs by 2028” And do not bear serious financial pressure.

The most interesting VC and funding news of the week

Image source:Svisio/Getty Images

From Series A to E, this week brings us a series of letters for funding rounds, as well as new capital for manufacturing and defense technology. Also, veteran VC is moving to the other side of the table.

Hee: AI Drug Discovery Platform Isomorphic Laboratory Raised $600 million in turnThis is the first external funding since it stood out from Google Deepmind in 2021. The tire is led by Thrive Capital, with participation from GV and existing investor Alphabet.

cover:lattice Raised $575 million at a valuation of $6.1 billion – Less than half of its peak valuation of $13.4 billion, but there are more visas in the 2021 drop acquisitions. Fintech also said it has “good capital” and will not be publicly available this year.

Execute durable:Temal, a company that open source and commercial products help developers reliably execute long-term workflows Raised $146 million Series C Valuation in currency of US$1.72 billion.

Now time: retym (pronounced “re-timed”), is a chip manufacturer of AI data centers founded in 2021 but flying under radar until now Raised $75 million Series D Leaded by Spark Capital.

In flux: Aetherflux raises a $50 million Series A to enhance its vision for deploying space solar power plants, The first demonstration planned for 2026. That brings its total funding to $60 million; its CEO Robinhood co-founder Baiju Bhatt also invested his own $10 million.

The future of housing? Roaming is a startup that helps potential homeowners find properties with hypothetical mortgages, closed A $11.5 million series Leaded by Keith Rabois, managing director of Khosla Ventures.

New bricks:Construct Capital is an early stage venture capital firm based in Washington, D.C., which invests in startups related to manufacturing, transportation and defense technologies Closed $300 million in third fund.

New music: Fintech VC Frank Rotman Will Resigned from QED Investor And become a partner honorary role, focusing on creating your own startup, starting with the first business in the music industry.

last but not least

Intel Capital, Intel, Startups, Venture Capital
Image source:sopa image/contributor/getty image

Intel Capital has been Intel’s venture capital arm since 1991. The journey to date and its future plans are more carefully viewed.

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