Weekly Tech Pulse
From Seattle’s newest investment group to Hydrolix landing $80M
US & International Startup & Tech News
A 25-year-old police drone founder just raised $75M, led by Index
The 25-year-old founder of BRINC, a public safety drone startup, secured $75M in a round led by Index Ventures, aiming to expand its humanitarian-focused tech amid growing demand.
Source: TechCrunch
Seattle’s newest investment group aims to break down silos between angel investors, VCs, founders
A new Seattle-based investment group called Ecosystem Venture Group is forming to bridge the gap between angel investors, VCs, and founders, fostering more collaboration in the local tech ecosystem.
Source: GeekWire
Does Colossal Biosciences’ dire wolf creation justify its $10B valuation?
Colossal Biosciences' plan to resurrect the extinct dire wolf has raised eyebrows as it seeks to justify a $10B valuation with ambitious de-extinction goals.
Source: TechCrunch
Hydrolix lands $80M to help companies handle massive volumes of log data
Hydrolix secured $80M in funding to scale its platform that helps enterprises efficiently manage and analyze massive log data sets.
Source: GeekWire
Portal Space Systems raises $17.5M for orbital spacecraft powered by solar heating
Portal Space Systems raised $17.5M to develop cost-effective orbital spacecraft powered by solar thermal propulsion, aiming to lower launch costs.
Source: GeekWire
LATAM Startup & Tech News
Cargado raises $12M to boost e-commerce delivery in Mexico
Mexican logistics startup Cargado raised $12M to expand its tech-enabled last-mile delivery service and improve e-commerce logistics across the country.
Source: Yahoo Finance
How Autofact Won Over Australian Giant Car Group
Chilean startup Autofact attracted Australian firm Car Group through its vehicle data and transparency platform, leading to a strategic acquisition.
Source: DF MAS
Reforestation startup Mombak secures $18 million backing from Santander, BNDES
Brazilian reforestation startup Mombak secured $18M in funding from Santander and BNDES to scale its carbon removal projects through native forest restoration.
Source: ESG News
Chile´s Public Debt Ends 2024 Below Ministry Estimates, But No Room for Fiscal Loosening
Chile's public debt closed 2024 slightly below government projections, though economists caution there’s little room for fiscal relaxation.
Source: Diario Financiero
BBVA Grants COP 110 Billion to Bayport to Offer More Loans to Colombians
BBVA Colombia granted COP 110 billion to Bayport to expand loan offerings to underserved Colombian citizens, boosting financial inclusion.
Source: BBVA
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