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Sauron, the high-end home security startup for “super premium” customers, plucks a new CEO out of Sonos

Sauron, the high-end home security startup for “super premium” customers, plucks a new CEO out of Sonos

When Kevin Hartz’s security system failed to alert him as an intruder rang his doorbell and tried to enter his San Francisco home late one night, the serial entrepreneur decided existing solutions weren’t good enough. His co-founder Jack Abraham had experienced similar frustrations at his Miami Beach residence. In 2024, they launched Sauron — named…

India startup funding hits $11B in 2025 as investors grow more selective

India startup funding hits $11B in 2025 as investors grow more selective

India’s startup ecosystem raised nearly $11 billion in 2025, but investors wrote far fewer checks and grew more selective about where they took risk, underscoring how the world’s third most-funded startup market is diverging from the AI-fueled capital concentration seen in the U.S. The selective approach was most evident in deal-making. The number of startup…

How reality crushed Ÿnsect, the French startup that had raised over $600M for insect farming

How reality crushed Ÿnsect, the French startup that had raised over $600M for insect farming

French startup Ÿnsect shot into the spotlight when “Iron Man” star Robert Downey Jr. touted its merits on the “Late Show” during Super Bowl weekend 2021. Now, nearly four years later, the insect farming company has been placed into judicial liquidation — essentially bankruptcy — for insolvency.  The company’s demise is hardly a surprise, as…