Space propulsion company Pulsar Fusion has started construction on a large nuclear fusion chamber in England, as it races to become the first firm to fire a nuclear fusion-powered propulsion system in space. Nuclear fusion propulsion tech, arguably a golden goose of the space industry, could reduce the travel time to Mars by half and…
U.S. regulators have requested more information from Tesla to assist in their ongoing investigation into 830,000 Tesla vehicles that include Autopilot, the automaker’s advanced driver assistance system. The National Highway Traffic Safety Administration (NHTSA) sent Tesla a letter on July 3 seeking updated responses to questions it had asked in August 2022. Those were specifically…
Amazon’s planned acquisition of iRobot is now under in-depth antitrust scrutiny in the European Union. The $1.7BN deal for the ecommerce behemoth to pick up the robot vacuum maker, announced just under a year ago, was cleared by competition regulators in the UK last month. But EU regulators are now stepping in for their own…
When it first appeared on the scene around ten years ago, Notion Capital was poised to take advantage of the oft-repeated phrase, “Software is eating the world.” In particular, it was aiming at what was then called the enterprise SaaS space. Several years on, and it’s capitalised on that thesis, investing in in more than…
Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Here’s another edition of “Ask Sophie,”…
It was only a question of time, I suppose, before someone made a generative AI that can whisper sweet, sweet obscenities at you. Lovense – perhaps best known for its remote-controllable sex toys – this week announced its ChatGPT Pleasure Companion. The company’s newest innovation in sex tech is to do what everyone else seems…
Kentucky now requires that electric vehicle charging companies include Tesla’s charging plug if they want to secure federal funds from a state program to electrify highways, Reuters reports. The plan went into effect Friday, making Kentucky the first state to officially mandate Tesla’s charging technology. Texas and Washington have also shared plans that would require…
The Tesla Gigafactory planned to be built in Mexico should be seen, Bloomberg argues, “as a graduation moment for Mexican manufacturing.” And there’s hope that the CHIPS bill, which President Joe Biden promoted to supercharge semiconductor production in the U.S., will benefit its southern neighbor as well. While the prospect of new factories and more…
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Charles Baron, the co-founder and CMO at Farmers Business Network (FBN), a startup that offers a suite of online services to farmers. Baron talked about what led him — a former venture capitalist — to…
Dougs, a French accounting startup, has been around since 2015. It already generates $16.4 million (€15 million) in annual recurring revenue. And it’s a bootstrapped company, meaning that it hasn’t opened its capital and raised any funding from VC firms. But now, the company has decided to raise its first founding round. Dougs raised $27…
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