Technology
The year is coming to an end and startups are not resting
With only just a few days left within the year, there was loads of startup news since last Friday, despite the short work week within the U.S. due to Thanksgiving. Oh, by the best way, thanks for reading.
The most interesting startup stories of the week
If you are on the lookout for some weekend reading, here are some recent insights value trying out.
On the clock: The timing of ServiceTitan’s IPO may not be entirely depending on market conditions. The details show that the software company was in no hurry to go public, and there could also be more such corporations, VCs told TechCrunch.
Salary indicators: The US government procurement database USASpending.gov reveals the whole compensation that Anduril, a defense technology startup, pays its top employees. While there are some technical details about breaking it down by year, the underside line is that it pays really, rather well.
New faces: Scaling startups is a giant priority for the European Union’s recent top team, which incorporates three lawmakers accountable for key areas of technology policy. Among them is Ekaterina Zaharieva, who shall be the EU Commissioner for Startups, Research and Innovation.
Attack of the Clones: It’s not just AI code editors: Y Combinator often supports startups that construct similar products, data analytics startup Deckmatch has discovered. The study also reveals other interesting insights into the sorts of startups YC tends to accept.
The most interesting collections this week
Fundraising season is not over yet, and offers of various sizes have been announced again this week.
DTC glasses: Eyewa, an organization that sells a big selection of eyewear products through its e-commerce and direct-to-consumer retail platform in five Middle Eastern markets, has secured a $100 million Series C round led by General Atlantic.
The cradle of affection: Cradle, a startup that uses artificial intelligence to design proteins, has raised $73 million to expand its labs and team. Launched in 2022, it previously raised a $24 million Series A round in 2023.
Shopify for gaming: Israeli startup Appcharge, which sees itself as a form of “Shopify” for games and provides game developers with more monetization opportunities, has raised $26 million. The round was led by Nordic VC Creandum at a valuation of $100 million.
Voice clones: Y Combinator alumnus PlayAI, which clones voices on command, has closed a $21 million seed round co-led by 500 Startups and Kindred Ventures to spend money on its AI generative voice models and voice agent platform.
Hello Dr. Google: Roon raised $15 million, co-led by Forerunner Ventures and Firstmark, with participation from former investors Sequoia Capital and TMV. A health technology startup currently valued at $68 million intends to replace “Doctor Google” with video questions and answers from doctors.
The most interesting VC and funding news this week
Build your legacy: Basketball player Giannis Antetokounmpo founded a VC firm. According to reports, the corporate called Build Your Legacy Ventures will concentrate on sports and entertainment investments.
Cyber Accelerator: Early-stage fund Cleo Capital announced the launch of a cybersecurity accelerator that may support up to 10 pre-seed and seed startups. They will each receive $250,000 in exchange for 7% equity and participation on this distant 12-week program.
No less vital
Fintech in Latin America shall be value watching in 2025, and data for 2024 shows that the market is starting to turn around. “I believe the region is underfunded after the (post) 2021 adjustment.” – QED Investors partner Mike Packer told TechCrunch.
Technology
US medical device giant Artivion says hackers stole files during a cybersecurity incident
Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.
In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.
Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”
Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.
Technology
It’s a Raspberry Pi 5 in a keyboard and it’s called Raspberry Pi 500
Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.
The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.
The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.
More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)
Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.
The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.
Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.
In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.
Technology
Apple Vision Pro may add support for PlayStation VR controllers
According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.
The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.
However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.
Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.
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