Venture Capital

Cultivated meat firm Upside Foods has cut its workforce as the industry continues to struggle with bans from legislators and a significant downturn in venture capital funding. In an email sent to employees, Upside CEO Uma Valeti wrote that…

Drones have changed war. Small, cheap, and deadly robots buzz in the skies high above the world’s battlefields, taking pictures and dropping explosives. They’re hard to counter. ZeroMark, a defense startup based in the United States, thinks…

Things aren’t going so well for AI hardware startups.After years of development, startup Humane launched a $700 wearable in early April that leans heavily on artificial intelligence. The original pitch for the Ai Pin was that you no longer…

Some creditors of the bankrupt crypto exchange FTX are preparing to reject a plan that would see them recover 118 percent of the money they lost. The proposal is far less generous than it might seem, they claim.Starting in January, the FTX…

Adam Neumann’s bid to buy back WeWork essentially ended this week. A bankruptcy court on Monday approved a deal that gets WeWork out of debt. It could conclude its restructuring and leave bankruptcy by late May following a vote on the deal,…

However, that amount includes massive funding from corporate backers, like Microsoft’s infusion of capital into OpenAI and Amazon’s funding of Anthropic. Stripped down to conventional VC investments, funding in 2023 for AI startups was much…

It has been a rocky year for plans for large-scale cultivated-meat production. In May 2022, another Californian startup, Eat Just, announced its plans to build up to 10 large bioreactors, each with a 250,000-liter capacity, with the…

Around us at Zephyros, kids and silverware clamor and motorbikes cough, but Marina’s voice is barely above a whisper. “When the hippopotamuses quarrel, then the frogs get stepped on,” she says of geopolitical conflicts, including the war in…

To achieve net-zero carbon emissions by 2030, we have to increase the amount of capital invested in climate tech by 590 percent, says Daria Saharova, managing partner at VC World Fund, a European venture capital firm specializing in climate…

“The restaurant dinners we held at China Chilcano in Washington, DC last summer went extremely well,” wrote Eat Just’s director of global communications, Carrie Kabat, in an emailed statement to WIRED. “We plan to resume these dinners this…