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Mavenoid, which automates technical support and onboarding for hardware companies, raises $30M

TechCrunch

Mavenoid , a Swedish company that provides both human- and AI-enabled support and troubleshooting tools for hardware companies, has raised $30 million in a series B round of funding. Hardware issues are repetitive, difficult, and time-consuming to fix. ” Technical support. ” Technical support.

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Latent AI, which says it can compress common AI models by 10x, lands some key backing

TechCrunch

The company says that its software tools allow AI models to run anywhere, irrespective of hardware constraints, and that includes on the inexpensive chips that are typically found in edge devices. Indeed, though in an interview earlier today, cofounder and CEO Jags Kandasamy declined to delve into specifics, he suggested that the U.S.

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Fleet nabs $20M to enable enterprises to manage their devices

TechCrunch

Fleet arose from an open source project called Osquery that was created by CTO Zach Wasserman together with Moonfire Ventures partner Mike Arpaia. Wasserman was a software engineer on the security team at Meta (formerly Facebook) and cofounded two companies, Kolide and Dactiv, before settling in at Fleet. billion by 2026.

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How W4 plans to monetize the Godot game engine using Red Hat’s open-source playbook

TechCrunch

million in seed funding to make its mission a reality, with backers including OSS Capital; Lux Capital; Sisu Game Ventures; and — somewhat notably — Bob Young , the cofounder and former CEO of Red Hat, an enterprise-focused open-source company that IBM went on to acquire for $34 billion in 2019. Game plan. .

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WaveOne aims to make video AI-native and turn streaming upside down

TechCrunch

The other major change was beginning to rely on hardware acceleration of said codecs — your computer or GPU might have an actual chip in it with the codec baked in, ready to perform decompression tasks with far greater speed than an ordinary general-purpose CPU in a phone. Just one problem: when you get a new codec, you need new hardware.

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Modular secures $100M to build tools to optimize and create AI models

TechCrunch

Bringing Modular’s total raised to $130 million, the proceeds will be put toward product expansion, hardware support and the expansion of Modular’s programming language, Mojo, CEO Chris Lattner says. ” Ambitious much? But none of what roughly-70-employee Modular is proposing is out of the realm of possibility.

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Bedrock modernizes seafloor mapping with autonomous sub and cloud-based data

TechCrunch

“We believe we’re the first cloud-native platform for seafloor data,” said Anthony DiMare, CEO and cofounder (with CTO Charlie Chiau) of Bedrock. There’s a ton of data out there that’s technically “public” but is nevertheless very difficult to find and use. ”