Business
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Electric Aircraft Startup Lilium Shuts Down Amid Insolvency Struggles
Lilium, a German startup that once led the charge in electric aircraft innovation, has ceased operations and laid off approximately 1,000 workers. After nearly 11 years of development and raising over $1 billion in funding,…
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Sustainable Ocean Alliance Celebrates 10 Years with New Eco-Friendly Startup Label
The Sustainable Ocean Alliance (SOA), a once small-scale dorm room initiative, has grown into a global network of innovators, investors, and entrepreneurs championing ocean conservation through innovation. As SOA celebrates its 10th anniversary, the organization…
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Roon Raises $15M to Bring Trusted Medical Advice to Patients
Vikram Bhaskaran, former head of creator partnerships at Pinterest, faced a daunting challenge when his father began showing early symptoms of ALS, a rare neurodegenerative disease. Struggling to find clear and reliable medical information online,…
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Ex-Duolingo Leaders Raise $13M for College Access Startup
Three former Duolingo executives are turning their attention to higher education with a new venture, Outsmart Education, which has raised $13 million in seed funding. The startup, still operating in stealth mode, aims to make…
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Productivity Hacks Fall Short According to a16z VC Who Found Startup Success
Andreessen Horowitz general partner Martin Casado, who sold his networking startup Nicira to VMware for $1.25 billion, challenged popular productivity trends at TechCrunch Disrupt last week, suggesting that such hacks might not be the secret…