UK neobank Monzo hits $5.9B valuation with secondary market sale
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UK neobank Monzo hits $5.9B valuation with secondary market sale

Monzo is now valued at $5.9 billion after the U.K.-based challenger bank confirmed a secondary market share sale to provide liquidity for its employees. The transaction, first rumored yesterday, saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. A secondary market sale essentially rewards […]

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Monzo is now valued at $5.9 billion after the U.K.-based challenger bank confirmed a secondary market share sale to provide liquidity for its employees. The transaction, first rumored yesterday, saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. A secondary market sale essentially rewards
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

SpaceX alums are working to raise a hefty $550M first deep tech fund
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SpaceX alums are working to raise a hefty $550M first deep tech fund

Interlagos, the venture capital firm started by former senior SpaceX leaders, is looking to raise $550 million for its first venture fund, according to regulatory filings and a confidential deck sent to prospective LPs and viewed by TechCrunch.  The existence of the firm was first reported by TechCrunch in April, but almost nothing has been […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Interlagos, the venture capital firm started by former senior SpaceX leaders, is looking to raise $550 million for its first venture fund, according to regulatory filings and a confidential deck sent to prospective LPs and viewed by TechCrunch.  The existence of the firm was first reported by TechCrunch in April, but almost nothing has been
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Researcher team introduces AI-driven, real-time crack detection technology for cross-sea bridges
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The Hong Kong-Zhuhai-Macao Bridge is a cross-sea bridge connecting Hong Kong, Zhuhai, and Macao, spanning 55 kilometers. The bridge features a “bridge-island-tunnel” design, including a 6.7-kilometer undersea tunnel and two artificial islands, with a total investment of approximately 120 billion yuan.The Hong Kong-Zhuhai-Macao Bridge is a cross-sea bridge connecting Hong Kong, Zhuhai, and Macao, spanning 55 kilometers. The bridge features a “bridge-island-tunnel” design, including a 6.7-kilometer undersea tunnel and two artificial islands, with a total investment of approximately 120 billion yuan.Engineering[#item_full_content]

Researchers achieve world-record resolution in turbulence simulationson October 10, 2024 at 2:04 pm
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From the water that comes out of the faucet to the chemical reactions in jet engines that propel planes, turbulence affects our everyday lives. Researchers at Georgia Tech are studying the complex physics of turbulence in simplified settings that could help us better understand nature and engineering.From the water that comes out of the faucet to the chemical reactions in jet engines that propel planes, turbulence affects our everyday lives. Researchers at Georgia Tech are studying the complex physics of turbulence in simplified settings that could help us better understand nature and engineering.[#item_full_content]

AI was central to two of 2024’s Nobel prize categories. It’s a sign of things to come
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The 2024 Nobel Prizes in physics and chemistry have given us a glimpse of the future of science. Artificial intelligence (AI) was central to the discoveries honored by both awards. You have to wonder what Alfred Nobel, who founded the prizes, would think of it all.The 2024 Nobel Prizes in physics and chemistry have given us a glimpse of the future of science. Artificial intelligence (AI) was central to the discoveries honored by both awards. You have to wonder what Alfred Nobel, who founded the prizes, would think of it all.Machine learning & AI[#item_full_content]

Numeric grabs $28M Series A to automate accounting using AI
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Numeric grabs $28M Series A to automate accounting using AI

Just five months after it raised a $10 million seed round, Numeric has raised a $28 million Series A led by Menlo Ventures.

© 2024 TechCrunch. All rights reserved. For personal use only.

Just five months after it raised a $10 million seed round, Numeric has raised a $28 million Series A led by Menlo Ventures.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Swsh’s new photo-sharing app lets Gen Zers filter out red solo cups and alcoholic drinks 
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Swsh’s new photo-sharing app lets Gen Zers filter out red solo cups and alcoholic drinks 

When Swsh launched last year, the social app was initially designed as a poll game (similar to the “Most Likely To” game), where users can answer five daily questions with their friends. However, the company has completely switched gears, joining a very crowded market — photo album-sharing platforms. These types of apps have existed for […]

© 2024 TechCrunch. All rights reserved. For personal use only.

When Swsh launched last year, the social app was initially designed as a poll game (similar to the “Most Likely To” game), where users can answer five daily questions with their friends. However, the company has completely switched gears, joining a very crowded market — photo album-sharing platforms. These types of apps have existed for
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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