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Profet AI, a Taiwanese startup that makes auto machine learning software for manufacturers, announced today it has raised $5.6 million in Series A funding. The round was led by Darwin Ventures. Returning investors Hive Ventures, AUO and SVTI also participated, along with Harbinger VC and Jensen Capital Management. Founded in 2018, Profet AI’s customers include
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Tech isn’t as collegial as it used to be. Rocket ships are being unveiled as sputtering messes, mission-driven startups don’t feel so mission-oriented when responding to investor pressure, and widespread layoffs offer a loud reminder that jobs are breakable contracts, not sacrosanct vows. Over the past few months, thousands of employees from Meta, Twitter, Stripe,
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Depending on whether you spend most of your time in hospitals, offices or in the great outdoors, when you hear “Canon,” your mind will likely go to medical scanning equipment, high-end printers or cameras. At CES this year, the 85-year-old company is leaning in a new direction, with an interesting focus on software applications. At
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Natalia Holgado Sanchez Contributor Natalia Holgado Sanchez is head of capital markets at Secfi, an equity planning, stock option financing and wealth management platform for startup executives and employees. I am not sure about you, but lately I’ve been hearing the same chatter from friends and colleagues at startups. It’s usually a version of: “Will
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Nintendo’s Power Glove was, to quote one of the 80s’ finest films, “so bad.” The NES peripheral transfixed a generation of youngsters, only to later realize that the “bad” in this instance should perhaps have been taken a bit more literally. Nintendo ultimately sold one million of the things, but the technology just wasn’t there,
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Yuval Krigel Contributor Yuval Krigel is an associate at YL Ventures who focuses on deal sourcing, technological due diligence and providing value-add support to the firm’s portfolio companies. The massive valuations and funding rounds of 2021 left some room for optimism around the state of the Israeli cybersecurity industry in 2022, instilling a sense of
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This summer, I went straight from VidCon — the largest creator conference — to a labor journalism seminar with the Sidney Hillman Foundation. One day, I was chatting with famous TikTokers about their financial anxieties (what if they accidentally get banned from TikTok tomorrow?), and the next, I was learning about the history of American
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Dan Ives, Wedbush Securities managing director and senior equity research analyst, says Tesla shares could “rip higher” during an interview with Matt Miller on “Bloomberg The Open.” Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Emily Chang here: Get the latest in tech from
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Corey Massella Contributor Corey Massella is a partner at UHY LLP and is managing director at UHY Advisors. He has more than 25 years of experience as an entrepreneur, tax and business advisor, and as a specialist in SEC accounting and audit services. Economic uncertainty, market volatility, rising interest rates, inflation and the ongoing Ukraine-Russia
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