TechCrunch Startup News

Zeno raises $25M to speed up production of its battery-swap motorbikes; plus, Lio raised $30M from A16Z and others to automate enterprise procurement

The startup, co-founded by Tesla and Apple alumni, has sold nearly 1,000 of its motorbikes so far. Also, AI procurement startup Lio announced a $30 million Series A in a round led by Andreessen Horowitz. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Science Corp raises $230M as it races to bring its brain implant to market

A source close to the company says the round assigns Science a post-money valuation of $1.25 billion. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Decagon completes first tender offer at $4.5B valuation; plus, three companies dominated the $189 billion in VC investments last month

The AI-powered customer support startup is the latest example of a fast-growing, young company that's providing employee liquidity. Also, Crunchbase data shows a record $189 billion of global venture capital flowed to startups last month, with AI startups nabbing 90% of the capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Why AI startups are selling the same equity at two different prices?

Some AI founders are using a novel valuation mechanism to manufacture unicorn status. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Fig Security emerges from stealth with $38M to help security teams deal with change; plus, Cursor has reportedly surpassed $2B in ARR

Fig traces data flows in the security stack and then alerts security teams when changes at any point affect detection or response capabilities. Also, the four-year-old startup Cursor saw its revenue run rate double over the past three months, according to one Bloomberg source. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]