News about Silicon Valley business almost everyday.
On January 18, 2025, Patrol Officers with the San José Police Department Central Division launched an investigation into a surge of graffiti vandalism that had plagued the downtown area since 2023. Over the course of the investigation, Officers discovered dozens of separate documented vandalism incidents that targeted both commercial, public, and private properties. Officers identified the […]
SAN JOSE — TDK Corporation’s corporate venture-capital subsidiary TDK Ventures, Inc. has launched Fund 3, a $150 million fund to invest in the next generation of iconic deeptech startups. Building on Fund 1, Fund 2 and Fund EX1, this milestone increases TDK Ventures’ total assets under management to $500 million, reinforcing its position as a global […]
SAN JOSE & TEMPE, AZ — Align Technology, a global medical device company that designs, manufactures, and sells the Invisalign System of clear aligners, has announced commercial availability in the U.S and Canada of the Invisalign System with mandibular advancement featuring occlusal blocks designed specifically to address Class II skeletal and dental correction by simultaneously […]
SAN JOSE — Lyten, a supermaterial applications company and developer of lithium-sulfur batteries, announced it has produced the United States’ first battery grade lithium-metal foil utilizing U.S. made lithium alloys and U.S. sourced lithium-metal. Lyten has already achieved a fully localized supply chain for its sulfur cathode and is now localizing the supply chain for […]
SAN FRANCISCO — Reducto, an ingestion platform for unlocking unstructured data for AI pipelines, has raised a $24.5 million series A round of funding led by Benchmark, alongside existing investors First Round Capital, BoxGroup and Y Combinator. This follows the company’s October 2024 seed round of $8.4 million and brings its total funding to date […]
DoorDash has teamed up with Coco Robotics, a leading food delivery robotics company, in expansion of their partnership to offer sidewalk robot delivery for DoorDash customers in select U.S. markets. This builds on an existing pilot program with Wolt—DoorDash’s international arm—where Coco robots have been making deliveries in Helsinki since earlier this year. The U.S. rollout […]
More than half of tech hiring managers (54%) say their companies are likely to conduct layoffs within the next year, and 45% say employees whose roles can be replaced by AI are most likely to be let go, according to a new study by talent and upskilling leader General Assembly. At the same time, 69% say it’s […]
SAN JOSE — Uniqus Consultech, a global platform that offers consulting solutions in the accounting & reporting, finance operations, governance, risk, ESG, and technology domains, has secured $20 million in Series C funding. The round was led by Nexus Venture Partners, with participation from Sorin Investments. Nexus and Sorin are existing investors in Uniqus. The funds will […]
The Santa Clara County Sheriff’s Department recovered more than 200 bottles of stolen wine and liquor as part of a retail theft and fencing operation in Santa Clara County. Last October, the Sheriff’s Retail Theft Task Force busted a “booze booster” during a blitz operation — which led deputies straight to the fence. >Turns out, […]
SANTA CLARA — Auradine, Inc., a provider of energy-efficient solutions for blockchain and AI infrastructure, has announced closing of an additional $153 million in connection with its Series C funding round. The oversubscribed round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers and other […]
SAN FRANCISCO — Kenzo Security has emerged from stealth after 18 months with $4.5 million in funding from The General Partnership and Michael Coates (former CISO of Mozilla and Twitter). Its Agentic AI Security Operations Platform is purpose-built to help CISOs and security teams do more with less while actually reducing risk. Kenzo was founded by Harish Singh […]
SAN FRANCISCO — United Airlines plans to add 20 percent more flight capacity out of San Francisco International Airport (SFO) this year as part of its long-term strategy to re-establish SFO as a global gateway. United is now larger in SFO than it was pre-pandemic, with capacity up six percent since 2019, and 20 percent […]