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Spinning out from the cryptocurrency hardware developer Bitfury, LiquidStack pitches a data center cooling tech

TechCrunch

Enter LiquidStack , a company that’s spinning out from the cryptocurrency hardware technology developer Bitfury Group with a $10 million investment. It’s one of the major criticisms of cryptocurrency operations and something that many in the industry are trying to address.

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Will quantum computing remain the domain of the specialist VC?

TechCrunch

The company was founded in 2015, and it went public in 2021 through a SPAC at a $2 billion valuation. As a result, quantum hardware manufacturers develop their own cloud-based operating systems. Take IonQ, a U.S.-based based manufacturer of ion-trapped quantum computers, for instance. billion valuation.

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Colombian on-demand delivery startup Rappi raises ‘over’ $500M at a $5.25B valuation

TechCrunch

The new financing brings Bogota-based Rappi’s total raised since its 2015 inception to over $2 billion, according to Crunchbase. Favors offer an array of custom services, such as running an errand, going to the hardware store or picking out and delivering a gift. Its last raise was a $300 million funding round in September of 2020.

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Tive nabs $12M Series A to track shipment conditions in real time

TechCrunch

Tive , a Boston-based startup, is building a hardware and software platform to help track the conditions of a shipment like say food or medicine to make sure it is stored under the proper conditions as it moves from farm or factory to market. Tive hardware tracker and data tracking software. Image Credit: Tive.

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SOSV is building a New Jersey HAX facility for industrial, healthcare and climate startups

TechCrunch

Since 2015, HAX started investing in more industrial & health startups and today make up 90% of our new investments,” HAX partner Garrett Winther told TechCrunch. New Jersey no doubt has a vested interest in welcoming hardware startups with open arms.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

“The funding will be used to accelerate scaling of the engineering and business teams globally, and to continue investing in both hardware and software innovation,” founder and CEO Krishna Rangasayee told TechCrunch in an email interview. It brings Sima.ia’s total capital raised to $150 million. “I founded Sima.ai

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You can see fires, but now Qwake wants firefighters to see through them

TechCrunch

Smoke and heat can quickly damage hardware, and interference from fires will disrupt most forms of wireless communications, rendering software all but useless. Qwake Technologies , a startup based in San Francisco, is looking to upgrade the firefighting game with a hardware augmented reality headset named C-THRU.

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