Ex-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics venture
(Do, 08 Mai 2025)
Sankaet Pathak’s last startup, fintech Synapse, filed for bankruptcy in 2024 amid issues with partner Evolve Bank & Trust. Tens of millions of dollars in deposits made by consumers, mostly
customers of fintechs that worked with Synapse, remain unaccounted for. Yet according to The Information, Pathak is reportedly moving full steam ahead on attempts to […]
>> mehr lesen
Social media startup Fizz sues Instacart and Partiful for trademark infringement over new Fizz app
(Thu, 08 May 2025)
Social media startup Fizz is suing grocery delivery giant Instacart and party planning app Partiful for trademark infringement, the company announced on Thursday. Earlier this week, Instacart
launched a new drinks and snack delivery app for parties called Fizz and announced that Partiful had integrated Fizz directly into its platform. Founded in 2020, Fizz is a […]
>> mehr lesen
Sequoia leads $1.5B tender offer for sales automation startup Clay
(Thu, 08 May 2025)
It took seven years of hard work for Kareem Amin, co-founder and CEO of sales automation startup Clay, to see the company’s product finally take off in 2022. Since then, the startup has experienced
explosive growth, reached a valuation exceeding a billion dollars, and expanded its employee count from low double digits to over 150. […]
>> mehr lesen
Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla
(Wed, 07 May 2025)
Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it has
invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth […]
>> mehr lesen
A comprehensive list of 2025 tech layoffs
(Wed, 07 May 2025)
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.
>> mehr lesen