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Apptronik Closes $350M in Funding to Meet Surging Demand for Humanoid Robots, Gains Google Investment

American Entrepreneurship

This critical investment will enable Apptronik to ramp up the production of its groundbreaking humanoid robot, Apollo, and accelerate the development of next-generation robots tailored for a wide range of industries. The investment also supports the companys commitment to creating human-centered robots.

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Ben Franklin Technology Partners of Central and Northern PA Awards $10,000 in Business Funding to Local Start-Ups

Ben Franklin Technology Partners

Central, PA December 6, 2024 Ben Franklin Technology Partners of Central and Northern PA (BFTP/CNP) proudly concluded its Fall 2024 TechCelerator Bootcamp by providing up to $10,000 in prize awards to promising entrepreneurs from the region.

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Omnidian Gains $87M in Funding to Revolutionize Renewable Energy Investment

American Entrepreneurship

Longtime backers Activate Capital, Liberty Mutual Investments, National Grid Partners, and WIND Ventures reaffirmed their support with follow-on investments. Looking Ahead As the global clean energy transition accelerates, so too does the need for companies that can turn installations into reliable, long-term investments.

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Mercury’s $300M Series C Doubles Valuation to $3.5 Billion Fueled by Powerful “One Banking Account” Model

American Entrepreneurship

San Francisco-based FinTech company Mercury has announced a $300 million Series C investment round, bringing its valuation to $3.5 In 2024, it launched a suite of financial software features and entered the consumer space with Mercury Personal. billionmore than double its 2021 Series B figure of $1.6 The result?

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Figma's S-1: A PLG Powerhouse

Tomasz Tunguz

Here’s how the two companies stack up on key metrics for their most recent fiscal year: Metric (2024) Figma Adobe Revenue (YoY Growth) $749M (48%) $21.5B (11%) Gross Margin 88.3% For every dollar spent on sales & marketing in 2023, Figma generated a dollar of new gross profit in 2024. Non-GAAP Op Margin 17.0%

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David Secures $75 Million Series A to Redefine Functional Nutrition with High-Protein, Zero-Sugar Products

American Entrepreneurship

The round follows David’s meteoric rise since its launch in late 2024 and positions the brand for continued growth as a leader in the functional food category. This investment allows us to scale faster and stay focused on our goal of helping people eat well without compromise.” Peter and his team are building something special.”

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Profit Dollars per GPU Dollar

Tomasz Tunguz

It’s why we’ve invested in our own custom silicon in Trainium for training and Inferentia for inference. ” All of these advances are expensive: “We expect to spend approximately $75 billion in CapEx in 2024. ” In total, these hyperscalers invested about $52b last quarter in data centers & GPUs.