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Nuclear energy startup Last Energy raises $100 million for its small steel-encased reactor

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💥 Read this trending post from TechCrunch 📖 📂 Category: Climate,Fundraising,data centers,nuclear power,nuclear fission 💡 Main takeaway: After years of being wasted, it's time to be a nuclear startup. “For the first half decade that I was telling people I was in nuclear, I had to convince them, ‘This is why nuclear is important,'” Brett Kugelmas, founder and CEO of Last Energy, told TechCrunch. “Now everyone comes to us and says, ‘Oh yeah, of course, nuclear is a key part of the solution.’ I'm like, OK, great, I'm glad everyone has caught on to it now. Last Energy builds small…

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🚀 Discover this trending post from TechCrunch 📖 📂 Category: Climate,AI,materials science,Exclusive,textiles,Hoxton Ventures,sosv,fashion industry,upcycling,textile waste ✅ Here’s what you’ll learn: Cashmere sweaters are everywhere these days, and often at incredibly low prices. The appeal is clear: If you've ever worn cashmere, you know that it's soft, light, and warm—an impressive fiber that's hard to give up. Unfortunately, these bargain prices usually come with a catch. Cashmere comes from the soft undercoat of a handful of goat breeds. Typically, one goat is sheared twice a year, producing only 4 to 6 ounces (113 to 170 grams) of cashmere annually. That's not…

Solo VC and beloved investor Neil Murray has raised a third Nordic-focused fund

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✨ Discover this awesome post from TechCrunch 📖 📂 Category: Venture,Startups,venture,Nordic 💡 Here’s what you’ll learn: The hot start-up movement in the Nordics continues. Neil Murray, founder and general partner at Copenhagen-based The Nordic Web Ventures, announced on Tuesday the closing of a third fund worth $6 million to continue investing in early-stage founders in the region. The fund will focus on writing first institutional checks to robotics-focused companies, AI-native companies, and deep tech founders. Murray, a solo GP, told TechCrunch that his first two funds were “test vehicles” to demonstrate his ability to discover and invest in the best…

First Voyage raises $2.5 million for its AI companion that helps you build habits

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💥 Explore this awesome post from TechCrunch 📖 📂 Category: Startups,AI,Apps,Fundraising,ai companion apps,Momo Self Care ✅ Here’s what you’ll learn: In a world rapidly filling up with AI-generated content, a startup called First Voyage wants to help people avoid all the AI mistakes in their path and build the habits they want instead. This is done via an AI companion app: called Momo Self Care, the app offers a digital pet called Momo that you can take care of, and in return, it will remind you to complete habit-building tasks. Users can set up reminders for tasks they want to…

Snapchat launches year-end summaries

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✨ Discover this trending post from TechCrunch 📖 📂 Category: Apps,Social,Snapchat,social 💡 Main takeaway: Snapchat announced on Monday that it will be rolling out end-of-year recaps to users, giving them a look into 2025. The Recap is a short video that offers a personalized look at highlights, stories and chats, showing how users communicate and express themselves throughout the year. Users can access their Recap by opening the app and going to the “Memories” section. There, they will see the “Your 2025 Snap Recap” card. The move comes as companies like Spotify, Apple Music, Amazon Music and Duolingo release their…

Netflix responds to concerns about WBD deal

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💥 Explore this awesome post from TechCrunch 📖 📂 Category: Media & Entertainment,Mergers and Acquisitions,Netflix,Warner Bros 📌 Key idea: In a move that has shocked Hollywood, Netflix recently announced its plans to acquire Warner Bros. Entertainment. Discovery (WBD) for $82.7 billion. Industry reaction was generally negative, raising concern about the effects of the takeover on jobs, the future of theatrical releases, and the representation of diverse voices in film and television. Netflix co-CEOs Greg Peters and Ted Sarandos sought to address concerns surrounding the deal in a letter to employees, which was published by Bloomberg on Monday. Executives reassured employees…

Lidar maker Luminar declares bankruptcy

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🚀 Check out this insightful post from TechCrunch 📖 📂 Category: Transportation,bankruptcy,autonomous vehicles,Lidar,Luminar 💡 Here’s what you’ll learn: Lidar company Luminar has filed for Chapter 11 bankruptcy protection after months of layoffs, executive departures, and a legal battle with its largest customer, Volvo. The company aims to sell its lidar business during bankruptcy proceedings, and has already reached a deal to sell its semiconductor business. While the company will continue to operate during the bankruptcy process to "minimize disruption" to its suppliers and customers, Luminar will eventually cease to exist once it is complete. “After a comprehensive review of our…

Gift Guide: TechCrunch’s Favorite Things

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🚀 Discover this trending post from TechCrunch 📖 📂 Category: Gadgets,gift guide 💡 Main takeaway: We are tech journalists. We have a lot of opinions. Throughout the year, we're constantly trying out new products, and trust us – we're a picky crowd. So, if we really like something, it's probably going to be good! That's why we've compiled a list of our favorite things, which includes computer accessories, headphones, productivity apps, and quirky little trinkets. Sure, we can be harsh critics sometimes. But we're at this party because we really love technology, and every once in a while, we stumble…

Lightspeed raises record $9 billion in new capital

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✨ Explore this insightful post from TechCrunch 📖 📂 Category: AI,Venture,In Brief,Lightspeed Venture Capital,limited partners 💡 Main takeaway: After the wave of venture capital investments from the 2021 bubble failed to produce strong returns from many venture capital firms, limited partners, such as endowments, pension plans and sovereign wealth funds, began shifting a greater share of their capital into a select group of established companies with proven performance records. The latest huge amount of capital has arrived at Lightspeed Venture Partners. The 25-year-old venture firm announced Monday that it has raised a total of $9 billion in new money, the…

Creative Commons announces initial support for “pay-to-crawl” AI systems

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🚀 Read this trending post from TechCrunch 📖 📂 Category: AI,Media & Entertainment,TC,ai bots,creative commons,publishers,web standards 📌 Main takeaway: After announcing earlier this year a framework for an open AI ecosystem, the non-profit Creative Commons has endorsed “pay-for-crawl” technology — a system for automating compensation for website content when it is accessed by devices, such as AI-powered web crawlers. Creative Commons (CC) is known for leading the licensing movement that allows creators to share their work while retaining copyright. In July, the organization announced a plan to provide a legal and technical framework for sharing data sets between companies that…