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**TechCrunch Industry News**

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Lydian Labs can make aviation fuel wherever there’s CO2 and electricity Jan 29, 2025

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Replacing inexpensive fossil fuels is a tall hurdle, but Lydian thinks it has cracked the problem

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DeepSeek gets Silicon Valley talking Jan 28, 2025

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Since Chinese AI company DeepSeek released an open version of its reasoning model R1 at the beginning of this week, many in the tech industry have been making grand pronouncements about what the company achieved, and what it means for the state of AI.

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LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M Jan 28, 2025

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LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants.

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Flip, the TikTok Shop rival, launches a creator fund that grants up to $100M of equity Jan 27, 2025

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Flip is a social commerce app that lets shoppers become creators. They can share honest reviews and earn cash based on engagement on the platform.

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Streaming service Plex gets more social with public profiles and reviews Jan 27, 2025

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Streaming service Plex has long since grown beyond its original focus of being a home for personal media to offer a more comprehensive solution for discovering, streaming, and sharing content across services, including Plex’s own ad-supported free TV and movies.

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UK probes Apple and Google over ‘mobile ecosystem’ market power Jan 24, 2025

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The U.K.’s Competition and Markets Authority (CMA) is launching so-called “strategic market status” (SMS) investigations into the mobile ecosystems of Apple and Google. The investigations constitute part of the new Digital Markets, Competition and Consumers Act (DMCCA) which passed last year and came into effect in January.

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Lindus Health raises $55M to ‘fix the broken clinical trial industry’ Jan 24, 2025

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A four-year-old London startup backed by Peter Thiel has raised a $55 million Series B round as it sets about “fixing the broken clinical trial industry.” The announcement comes as artificial intelligence is shaping up to revolutionize drug discovery and development.

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Truecaller brings real-time caller ID to iPhone users Jan 23, 2025

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Truecaller for iOS has been updated with live caller ID support for its premium iPhone users.

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Karmen secures $9.4 million for its revenue-based financing products Jan 23, 2025

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French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup.

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Friend delays shipments of its AI companion pendant Jan 22, 2025

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Friend, a startup creating a $99, AI-powered necklace designed to be treated as a digital companion, has delayed its first batch of shipments until Q3. Friend had planned to ship devices to pre-order customers in Q1. But according to co-founder and CEO Avi Schiffman, that’s no longer feasible.

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