Tech Meme

Financial Times: Sources: Huawei is building an advanced chip production line in Shenzhen and is the key player behind three plants, as satellite imagery shows rapid development  —  Rapid expansion of Shenzhen facilities designed to break dependence on foreign technologies  —  Huawei is building a production line … Lees verder op Tech Meme

Lucy Adams / Tech.eu: Berlin-based Pliant, which helps corporates combine physical and virtual credit cards with automation tools to streamline spending, raised a $40M Series B  —  The company plans to hire additional talent and expand its partner network to facilitate growth.  —  Berlin-based fintech has secured … Lees verder op Tech Meme

Jeff St. John / Canary Media: Rhode Island-based Utilidata, which develops AI-enabled smart meters and grid control devices with Nvidia chips for energy utilities, raised a $60.3M Series C  —  Utilidata and Nvidia think their AI-enabled smart meters can help solve tricky grid challenges, from growing data center demand to more rooftop solar and EVs. Lees verder op Tech Meme

Ian Johnston / Financial Times: Ookla: Starlink use rose by 35% above average in Spain and Portugal on April 28, as a widespread electricity outage exposed vulnerabilities in telecoms networks  —  Widespread electricity outage on the Iberian peninsula exposed vulnerabilities in telecoms  —  Spanish and Portuguese mobile … Lees verder op Tech Meme

Tom Matsuda / Sifted: London-based Navro, which develops APIs to enable businesses to send and receive international payments with various payment options, raised a $41M Series B  —  Founder and CEO Aran Brown says the US and Asia are key geographies for expansion  —  Navro, a London-based payments fintech … Lees verder op Tech Meme

FinSMEs: Salt Lake City-based Canopy, which provides a firm-wide operating system for accounting, raised a $70M Series C led by Viking Global Investors  —  Canopy, a Salt Lake City, UT-based provider of a firm-wide operating system for accounting, raised $70M in Series C funding. Lees verder op Tech Meme

Aaron Weitzman / Axios: NYC-based Blooming Health, an online coordination network for social service agencies and aging care providers, raised a $26M Series A led by Insight Partners  —  Blooming Health, a social services and health care coordination network, raised a $26 million Series A led by Insight Partners, CEO Nima Roohi tells Axios exclusively. Lees verder op Tech Meme

Zoltan Vardai / Cointelegraph: Polygon Labs spinout Miden, a zero-knowledge proof-based blockchain project focused on high scalability, raised a $25M seed led by a16z Crypto, 1kx, and Hack VC  —  A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Lees verder op Tech Meme

Joanna Stern / Wall Street Journal: Wearing three AI-powered devices, the $50 Bee Pioneer, $199 Limitless Pendant, and $159 Plaud NotePin, shows how the wearables can be useful but also creepy  —  The Bee, Limitless and Plaud wearables record everything you say and use AI to provide summaries, to-do’s—and a slightly terrifying glimpse of the future Lees verder op Tech Meme

Duncan Riley / SiliconANGLE: Minimus, which offers secure, minimal container images and VMs to let enterprises reduce vulnerability exposure in development workflows, raised a $51M seed  —  Application security startup Minimus Inc. today launched at the RSAC 2025 Conference 2025 with an announcement that it has raised $51 million … Lees verder op Tech Meme