Meet the new VC firm secretly backed by Volkswagen

Posted on March 11, 2025 by Techme101

A new venture firm called Leitmotif has been on a quiet blitz for the last 16 months, funding around 20 startups broadly focused on decarbonization. Its portfolio includes EV companies, space and battery plays, and four nuclear fusion startups. But the firm has only said its funding is from “European industrial interests.” Now, Leitmotif has […]
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Startup studio Hexa acquires majority stake in Veevart, a vertical SaaS platform for museums

Posted on March 11, 2025 by Techme101

Hexa is trying something new. Instead of fostering startups from the ground up and incubating them for the first year or so, the Paris-based startup studio is acquiring a majority stake in Veevart, a vertical software-as-a-service company for museums that provides solutions for ticketing, fundraising, CRM and collection management. Hexa is a familiar name in […]
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From chatbots to intelligent toys: How AI is booming in China

Posted on March 11, 2025 by Techme101

China plans to invest more than a trillion dollars as it races against the US to rule advanced tech.

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Infinite Uptime bags $35M to help factories optimize equipment usage

Posted on March 11, 2025 by Techme101

Infinite Uptime, which offers predictive maintenance solutions for factories, has raised $35 million in a Series C round to expand its footprint in the U.S.
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Digital physical therapy provider Hinge Health files for IPO

Posted on March 11, 2025 by Techme101

Digital physical therapy startup Hinge Health filed its IPO prospectus with the SEC on Monday.

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Long Arm of the Law Comes for Russian Crypto: Why Secret Service Seized Garantex

Posted on March 11, 2025 by Techme101

Authorities say Garantex has processed more than $96 billion in transactions since it launched in 2019.

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Disgraced Crypto King Sam Bankman-Fried to Tucker Carlson: Dems Did This to Me

Posted on March 10, 2025 by Techme101

Sam Bankman-Fried flips the script, blaming Democrats for his downfall. Now, he’s eyeing a Trump pardon — while sharing a cell block with Diddy.

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Asana CEO Dustin Moskovitz is retiring

Posted on March 10, 2025 by Techme101

Dustin Moskovitz is retiring from Asana, the software company he founded in 2008. Asana, a task management platform, announced his retirement as part of the company’s fiscal fourth-quarter earnings report, CNBC reported. Moskovitz informed the board he intends to move into a chair role when a new CEO starts. The company has raised more than […]
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Fintech stocks plummet as Wall Street worries about consumer spending, credit

Posted on March 10, 2025 by Techme101

Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.

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Elon Musk says DOGE involvement is making it harder to run his businesses

Posted on March 10, 2025 by Techme101

In an interview with Fox’s Larry Kudlow on Monday, billionaire Elon Musk admitted that his involvement with the Department of Government Efficiency (DOGE), Donald Trump’s initiative to reduce federal spending, is making it tougher to run his many businesses: X, Tesla, xAI, SpaceX, The Boring Company, and Starlink. “How are you running your other businesses?” […]
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