Sonata Therapeutics, a startup created two years ago through the merger of two Flagship Pioneering companies, has laid off approximately one third of its employees. This reduction, which equates to 21 workers, was disclosed in recent social media posts by…

Dutch startup Monumental is revolutionizing the construction sector with industrial robots that lay bricks. This comes alongside the growing realization that the US $2 trillion construction sector is ripe for automation-fueled disruption. This industry often involves strenuous, repetitive, and occasionally…

H2MOF, a California-based start-up backed by two pioneering scientists, including a Nobel laureate, is working towards a significant breakthrough in hydrogen storage. The firm is leveraging advancements in molecularly engineered materials to address one of the biggest challenges in the…

Michigan-based autonomous vehicle startup May Mobility has cut its workforce by approximately 13%, as confirmed by the company. This strategic move is seen as the firm’s attempt to increase its focus on top business priorities. May Mobility has expressed gratitude…

Barcelona-based spyware startup Variston may be on the brink of closing, as high employee turnover and growing scrutiny continue to plague the company. Researchers from Google’s Threat Analysis Group recently identified Variston as the source of malicious code that targeted…

WindBorne Systems – a startup from a team of Stanford graduates, recently made waves by announcing its record-breaking accuracy in weather forecasting. The young innovators made use of a fleet of budget-approved weather balloons, combined with the power of artificial…

Lambda, an AI compute startup, has reached a valuation of $1.5 billion following a gargantuan $320 million Series C funding round. The San Jose-based company, known for its cloud computing services and tools used in training artificial intelligence software, is…

Silicon Box, a Singapore-based startup, focuses on chiplets, a developing method of designing high-performing semiconductors through arranging small chips closely and reducing their electrical connections. Recently, the startup raised $200 million in a Series B funding round. Chiplet technology has…

Chinese launch startup, Orienspace has secured $83.5 million in a series B funding round closely following its successful debut launch, reflecting China’s growing commercial space ecosystem. The funding round on January 24, included contributions from investors such as Liangxi Science…

OpenAI, an artificial intelligence research lab, is reportedly developing a web search product that poses a challenge to the likes of Google. While the news about OpenAI’s development is known, important information about its functionalities or any unique selling points…