Apex Space, a startup that aims to transform satellite bus manufacturing, emerged from stealth Monday with a $7.5 million seed round led by Andreessen Horowitz. The Los Angeles-based company has set its sights on the satellite bus — the part of the spacecraft that hosts the payload — which it says is the “new bottleneck” […]
The Department of Justice (DOJ) famously declared 2021 as the “worst year” for ransomware attacks, but it seems that title could be in 2022’s hands very soon. Despite some rare wins in the war against hackers over the past 12 months — from the government’s seizure of $2.3 million in bitcoin paid out to the […]
To get a roundup of ZebethMedia’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Good afternoon, and welcome to the final week of October! We’re confused how that happened. Haje is considering dressing up as “supply chain disruptions” for Halloween, whereas Christine is contemplating dressing up […]
Everybody’s talking so much about cost optimization and extending runways that startups across the board are looking at every little expense as they seek ways to navigate the downturn. But some costs are better left untouched simply because the work involved may not be worth the payoff. According to several investors we surveyed recently, cloud […]
Cerebral is laying off 20% of its staff, citing an ongoing push for efficiency at the digital health unicorn. A spokesperson for Cerebral confirmed the layoffs to ZebethMedia but did not share the specific number of employees affected. According to the WSJ, which first reported the news, and Insider, some 400 people will lose their […]
On Friday, ZebethMedia reported the latest Crunchbase venture capital data, and the news isn’t very good from a diversity point of view: Black founders raised a paltry $187 million out of the $150.9 billion in venture capital allocated in Q3 this year. To put that into perspective, that’s only 0.12% of the total investment made […]
The third quarter was far from favorable for Chinese startups looking to raise money. Data shows that for upstart tech companies in the country, Q3 2022 was the worst time to raise venture capital since Q1 2020, with far less capital invested than either the rest of 2020 and 2021, or for most of 2018 […]
Instacart has left us IPO nerds feeling whiplashed. Late last week, Reuters reported that the American grocery delivery and technology company might probably shelve its IPO until next year. The richly valued startup was poised to become the splashiest public offering of the year in the United States, but now it appears we won’t get […]
The original Orba was a curious little baseball-sized device that invited people who couldn’t play a triangle if they tried to somehow create beats, bops and bass lines. The success of the original — and the adoption of it as a tool for more serious musicians — inspired the Artiphon team to release an updated […]
Travel is back on the radar for investment, with consumers and business users both on the move again after a long pandemic period of staying in one place. Today, a startup called WeTravel — which builds tech for the specific needs of group travel — has raised $27 million, money that it will be using […]
