Rad Power Bikes reaches deal to sell itself for $13.2 million
A company called Life Electric Vehicle Holdings has emerged as the top bidder for Rad Power’s assets. It’s not clear what the company plans to do with them, though.
AI startup CVector raises $5M for its industrial ‘nervous system’
Industrial AI startup CVector built a brain and nervous system for big industry. Now, founders Richard Zhang and Tyler Ruggles are tasked with a bigger challenge: showing customers and investors how this AI-powered software layer translates to real sav…
NASA Technology Brings Golden Age of Exploration to Earth
As NASA fosters technologies needed to live and work farther away from home than ever before, the agency’s Technology Transfer program has the sole mission of getting those innovations into the hands of companies, entrepreneurs, and, ultimately, everyday people. The agency’s Spinoff publication has captured this endeavor for half a century, sharing stories of space…
TikTok alternative Skylight soars to 380K+ users after TikTok U.S. deal finalized
Skylight, a TikTok alternative built on open protocols, has had a busy weekend.
Obvious Ventures lands fund five with a 360-degree view of planetary, human, economic health
The 12-year-old firm raised $360,360,360 for its fifth fund. And there’s a reason for that number.