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Startups & Venture Capital News

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TechCrunch

Robot hand company settles Tesla trade secret suit and announces $11M raise

Proception, founded by former Tesla Optimus lead Jay Li, has raised $11 million in seed funding after settling a trade secret lawsuit with Tesla. The startup is shipping high-dexterity robotic hands that utilize a sensor-laden glove to collect scalable human interaction data without requiring a robot in the loop.

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๐Ÿฆพ Robotics๐Ÿš€ Startups๐Ÿ’ป Hardware
TechCrunch

Pocket raises $11M in bet on rising demand for AI note-taking devices

Y Combinator-backed Pocket raised $11 million to scale its $129 AI recording puck that attaches to smartphones for offline transcription and meeting summaries. The company is targeting professional workflows with enterprise integrations, including webhook support and a Model Context Protocol (MCP) server for database connectivity.

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TechCrunch

Omen AIโ€™s plan to optimize data centers is all wet

Omen AI raised $31 million in Series A funding to deploy real-time spectrometers that monitor bacterial growth and chemical contamination in data center liquid cooling systems. This technology aims to prevent costly unplanned downtime and rack shutdowns by replacing manual lab sampling with continuous fluid health analytics.

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The Verge

Nest's quest to fix your thermostat

Tony Fadell, a former Apple executive, founded Nest to reinvent the home thermostat through a combination of design and connectivity. His approach illustrates the application of consumer electronics principles to legacy home infrastructure, influencing the broader smart home market.

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๐Ÿ’ป Hardware๐Ÿ”Œ Electronics๐Ÿš€ Startups
TechCrunch

FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

The FTC has approved Elon Musk's acquisition of Mesh Optical Technologies, a startup founded by former SpaceX engineers developing high-speed optical transceivers for data centers. This move could enable SpaceX to increase the energy efficiency and speed of its terrestrial and orbital compute infrastructure.

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TechCrunch

Corgi, the buzzy Y Combinator-backed insurance tech startup, says it didnโ€™t steal an open source product

YC-backed startup Corgi denied allegations from Papermark that it stole open-source software, attributing identical product features and wording to "vibe coding" rather than direct code duplication. The incident highlights a growing tension between legal IP definitions and the ease of using AI to replicate a competitor's user experience and functionality.

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๐Ÿš€ Startups๐Ÿ“ฑ Softwareโš–๏ธ Policy
TechCrunch

Novak Djokovic has a new job โ€” advisor to private equity firm General Atlantic

Private equity firm General Atlantic has appointed tennis player Novak Djokovic as a global strategic advisor. The partnership aims to leverage Djokovic's network to expand the firm's investments in the health, wellness, and professional sports sectors.

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TechCrunch

OpenAI poaches Uber India chief to lead its biggest market outside the U.S.

OpenAI has appointed former Uber India president Prabhjeet Singh as its first managing director for India to scale operations in its second-largest market. This move signals an aggressive expansion of consumer growth, enterprise partnerships with conglomerates like Reliance and Tata, and deeper engagement with Indian AI policy.

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The Verge

Smart lock maker Level has been gutted and its founders are out

Assa Abloy has laid off the majority of Level Home's staff, including its founders, and is folding the business into Kwikset. While the parent company pledges continued support, the loss of the core engineering team creates potential risks for cloud-dependent features like auto-unlock and app connectivity.

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๐Ÿ’ป Hardware๐Ÿ”Œ Electronics๐Ÿš€ Startups
Gizmodo

The Government Boot Is Coming Down on AI

OpenAI is postponing the general release of GPT-5.6 to implement a government-approved, customer-by-customer rollout, while Anthropic has taken its Fable 5 and Mythos 5 models offline following federal licensing demands. These interventions signal a shift toward direct government oversight of AI model releases, potentially delaying product cycles and creating regulatory uncertainty for U.S. developers.

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