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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

Working With A Chinese Factory, Hardware Entrepreneur Edition. It was just a matter of time until an intrepid Chinese entrepreneur with a tech background decided to take on Coca-Cola and PepsiCo. China is also home to one of the world’s largest e-commerce and tech ecosystems. More posts by this contributor.

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Helion raises $2.2B to commercialize fusion energy

TechCrunch

Existing investors, including co-founder of Facebook Dustin Moskovitz, Peter Thiel’s Mithril Capital and notable sustainable tech investor Capricorn Investment Group also participated in the round. Round-leader Altman has been involved in the company as an investor and chairman since 2015. Animation courtesy of Helion Energy.

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The 10 Biggest Rounds Of February: Saronic And NinjaOne Lead Big Month

Crunchbase News

In fact, it took $200 million or more to make the list last month, as defense tech and cybersecurity led the way. Lambda , $480M, artificial intelligence: Lambda, which offers cloud computing services and hardware for training artificial intelligence software, raised a $480 million Series D co-led by Andra Capital and SGW. billion.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue.

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Tive, a startup developing supply chain visibility tools, raises $54M

TechCrunch

According to a 2020 Statista survey , 41% of executives in the automotive and transportation industry alone said their company lost $50 to $100 million due to supply chain issues, a figure which has likely climbed higher since. This has been costly. ” Toward differentiation. ” Toward differentiation.

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Intel’s plan to free Mobileye brings welcome IPO heat check

TechCrunch

If Mobileye manages a smooth IPO at an attractive price, the company could help shake loose the exit market for tech companies. In contrast, if Mobileye struggles when it debuts, or its IPO is pushed back due to market conditions, we’ll know that the public markets remain pretty darn closed for unicorns and other late-stage startups.

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Volta Labs grabs $20 million to address a growing genomics bottleneck

TechCrunch

It speaks to the speed with which genetics has permeated our lives, but despite massive improvements to the technology, the process can still be a bit clunky in the lab. The origin story of Volta’s instrument goes back to 2015, when Umapathi was working on his graduate thesis at MIT. And that sample has to get prepped the right way.