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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

EnCharge AI , a company building hardware to accelerate AI processing at the edge , today emerged from stealth with $21.7 Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements.

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Corelight secures $75M Series D to bolster its network defense offering

TechCrunch

Corelight, a San Francisco-based startup that claims to offer the industry’s first open network detection and response (NDR) platform, has raised $75 million in Series D investment led by Energy Impact Partners. . million Series A in July 2017. million Series A in July 2017.

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Korea’s top accelerator program K-Startup Grand Challenge 2023 accepting applications from global startups  

AsiaTechDaily

South Korea is considered a gateway to Asia due to its strategic location and well-developed infrastructure. South Korea’s largest accelerator program– the K-Startup Grand Challenge (KSGC) is the unique opportunity for global startups to enter the flourishing market of Asia. It takes work to enter the Korean market.

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Finding Founder-Market-Geography Fit

Revolution

At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. This trifecta serves as a catalyst for accelerated growth and long-term viability. Plastomics: St. Louis, MO St.

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AllTrails raises $150M after Covid accelerates people’s interest in exploring the outdoors

TechCrunch

Following a Covid-driven boost, the popular AllTrails resource for hikers, bikers, climbers, and anyone else who enjoys the outdoors, announced today it’s raised $150 million from the growth fund of global private equity firm Permira to further accelerate its business. Image Credits: All Trails.

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Tive, a startup developing supply chain visibility tools, raises $54M

TechCrunch

He claims that the startup acquired more than 200 new customers in 2021, accelerating Tive’s plans to expand its workforce of 120 people to 300 by the end of 2022. ” Tracking real-time shipments. Companies use visibility data to, among other things, prevent stock pile-ups in locations that don’t need inventory.

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K-Startup Grand Challenge: The South Korea accelerator program that is ‘a gateway’ to doing business in Asia

AsiaTechDaily

In July 2021, the United Nations Conference on Trade and Development (UNCTAD) upgraded Korea’s status to a developed economy. South Korea is now at a critical stage of development. The accelerator program ends with top startups getting additional financial incentives and the possibility of doing business in Korea.