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Linx emerges from stealth with $33M to lock down the new security perimeter: Identity Jul 24, 2024

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Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years. One of the main reasons it has become the gift that keeps on giving to malicious hackers is that it’s a nightmare for organizations to track. A security startup founded in Tel Aviv called Linx

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Farmblox puts the control into farmers’ hands with its AI-powered sensor-reading platform Jul 24, 2024

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Nathan Rosenberg, the founder of farm automation platform Farmblox, said if there is one thing to know about trying to sell technology to farmers, it’s that you can’t tell them what to do.

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Without this company’s technology, future fusion power plants might never light up Jul 23, 2024

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Marathon Fusion emerges from stealth with a plan to help fusion power plants extract tritium, a necessary fuel.

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Unpacking how Alphabet’s rumored Wiz acquisition could affect VC Jul 23, 2024

Show notes

Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week. If this deal does end up getting done, it would be Alphabet’s largest acquisition yet.

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PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital Jul 22, 2024

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Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week.

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Fintech startup Coast lands $40M just 4 months after its last $25M raise Jul 22, 2024

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Coast, a startup that describes itself as “a financial services platform for the future of transportation,” has raised $40 million in Series B funding — just four months after announcing a $25 million round, the startup has told TechCrunch exclusively. Back-to-back fundraises were common prior to and during the wild investment days of 2021.

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WHAM! Nuclear fusion experiment hits new record for magnet strength Jul 19, 2024

Show notes

Strong magnets are essential for the type of fusion power being pursued by Commonwealth Fusion Systems and a number of other startups.

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Deel acquires Hofy to build its own IT device management service Jul 19, 2024

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Both of Hofy's co-founders, Sami Bouremoum and Michael Ginzo, along with the rest of the startup's leadership team and 120 employees, are joining Deel to build Deel IT.

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A company building Wordle for chess raises money from a16z Speedrun, Mark Pincus and Eric Wu Jul 19, 2024

Show notes

Echo Chunk, a company that is building Wordle-styled daily chess puzzle game Echo Chess, has raised $1.4 million in pre-seed from a16z Speedrun (Andreessen Horowitz’s early stage games accelerator), founder of Zyanga Mark Pincus, South Park Commons (SPC), Opendoor founder and CEO Eric Wu and Stef Corazza, the Head of Generative AI at Roblox

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Kandji raises another $100M for Apple device management as valuation rises to $850M Jul 18, 2024

Show notes

At a time when many startups have struggled to raise money and keep their heads above water, Kandji, an Apple device management platform, has been an exception.

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