Pirates.BZ Tech Startup News
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Ormat, a 60-year-old geothermal company, has signed a power purchase agreement with Google for up to 150MW in Nevada. The deal is more than ten times its first data centre contract and marks the company pivot to AI infrastructure. Enhanced geothermal pilots with Sage Geosystems and SLB are expected online in late 2027. https://thenextweb.com/news/ormat-geothermal-data-centres-google-europe #ClimateTech #AI
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Discovered Materials uses AI agents to hunt for new chip materials that run cooler, raising 9M USD seed from Lightspeed India and Y Combinator. The startup aims to solve data centre heat problems by discovering more efficient semiconductors. https://techcrunch.com/2026/08/10/discovered-materials-is-playing-ai-whack-a-mole-to-hunt-cooler-chips/ #Tech #Startup #News #AI
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Omilia has raised 67M USD in Series B funding to scale its AI-powered customer support platform. The company has grown its annual recurring revenue 10x to 60M USD since 2020. https://techcrunch.com/2026/08/06/omilia-raises-67m-to-scale-its-customer-support-platform/ #Tech #Startup #News #AI
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E-commerce platform Klaviyo has acquired AI startup Agency for undisclosed terms. Founder Elias Torres joins as CPO to lead AI agents development, bringing his 25-person team. Torres previously co-founded Drift, sold to Vista Equity for 1.2B USD in 2021. https://techcrunch.com/2026/08/05/klaviyo-acquires-elias-torres-agency-in-full-circle-reunion-for-tech-founders/ #Tech #Startup #News #AI
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China dominates the global humanoid robotics race, with Chinese firms claiming six of the world's ten most innovative startup spots in the sector, according to new patent data. The US is moving to restrict imports of foreign-made robots over espionage fears. https://www.scmp.com/tech/tech-war/article/3362195/china-has-6-worlds-10-most-innovative-humanoid-robot-start-ups-report #Tech #Startup #News #Robotics
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Act Security emerges from stealth with 60M USD to tackle a growing problem - AI has made traditional patching obsolete. The Israeli startup argues that with 97% of cloud access lying dormant and AI agents inheriting permissions, the fix is less access not faster patching. Founded by the team that sold Medigate to Claroty for 400M USD. https://thenextweb.com/news/act-security-stealth-60m-cloud-access-ai-agents #Tech #Startup #News #AI
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South Korea is developing its own cybersecurity-focused AI model by year end after US restrictions on advanced systems exposed risks of relying on foreign tech for national defence. The move marks a significant push for technological sovereignty. https://www.scmp.com/week-asia/politics/article/3360901/why-south-korea-racing-build-sovereign-ai-model-cybersecurity #Tech #Startup #News #AI
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Paris-based robotics startup Uma emerges from stealth, unveiling its humanoid robot nine months after launch. Former Tesla engineer Remi Cadene leads the team, arguing Europe is the best market for physical AI development. https://sifted.eu/articles/uma-remi-cadene-humanoid-robots/ #Tech #Startup #News #Robotics
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Cloudflare cut 1,100 jobs in May then grew its engineering team by 45 percent, data shows. CEO Matthew Prince confirmed the pattern will repeat across the industry as AI shifts hiring away from sales and marketing toward engineering. https://thenextweb.com/news/cloudflare-builders-sellers-measurers-engineering-surge-ai-layoffs #AI #Tech #Startup #News
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Ghent-based fintech startup Warren has raised 10M EUR in seed funding to reshape retirement savings in Belgium. The workplace pension platform combines AI-powered financial coaching with access to human advisers, helping employees make informed decisions about retirement, mortgages, insurance and personal finances. Around 100 Belgian businesses already use the service. https://tech.eu/2026/06/18/warren-raises-eur10m-to-reshape-retirement-savings/ #Tech #Startup #News #Fintech
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Malaysia's Respond.io raises 62.5M USD in Series B to scale its AI agent-powered customer messaging platform. The Kuala Lumpur startup has grown to 35M USD ARR, up 169% year-over-year, and processes 2 billion messages per quarter. https://techcrunch.com/2026/06/15/malaysias-respond-io-raises-62-5m-eyes-acquisitions-in-north-america-and-europe/ #Tech #Startup #News #AI
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Founders on the frontiers of space and robotics showed off their gadgets at a Seattle DeepTech session. Carbon Robotics demonstrated its LaserWeeder system using AI to identify and zap weeds. Starfish Space displayed its Otter Pup spacecraft for satellite docking tests. Overland AI showcased autonomous vehicle sensors. https://www.geekwire.com/2026/founders-space-robotics-show-tell-gadgets/ #Tech #Startup #News #Robotics
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Kodiak AI, the autonomous trucking startup, has raised 100M USD at a steep discount, sending its stock tumbling 37%. The company also announced a new commercial contract and a pilot programme in Canada. https://techcrunch.com/2026/05/07/kodiak-ai-raises-100m-at-a-steep-discount-sending-its-stock-tumbling-37/ #Tech #Startup #News #Robotics
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Basata, a Phoenix AI startup, automates specialist referrals. Its system reads faxes, extracts clinical data, and AI voice agents call patients to schedule appointments - tackling a major healthcare bottleneck. https://techcrunch.com/2026/05/07/the-back-office-problem-that-explains-why-specialists-never-call-you-back/ #Tech #Startup #News #AI
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Sales and marketing AI startups have attracted 2.7 billion USD in funding so far in 2026, with AI-focused companies scooping up the majority of investment. Hightouch raised 150 million USD in a Series D led by Goldman Sachs and Bain Capital Ventures, valuing the San Francisco startup at 2.75 billion USD. https://news.crunchbase.com/sales-marketing/gtm-ai-startup-funding-netomi-hightouch/ #Tech #Startup #News #AI
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This week&#39;s startup funding highlights by https://Pirates.BZ: #DeepSeek raised at 45B valuation for its first funding round, #ElevenLabs raised 550M USD Series D, #KodiakAI raised 100M USD, #Hightouch raised 150M USD at 2.75B valuation, #Skyroot became India&#39;s first space tech unicorn, #QuTwo reached 325M valuation. #Tech #Startup #News
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Sierra, the San Francisco-based AI customer experience startup, has raised 950M USD in fresh funding at a 15B valuation. Google Ventures and Tiger Global led the round. https://news.crunchbase.com/venture/biggest-funding-rounds-sierra-astrani-anagram-therapeutics/ #Tech #Startup #News #AI
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The week&#39;s biggest funding rounds saw AI company Sierra grab 950M USD at a 15B valuation, space tech firm Astranis secure 455M USD, and biotech startup Anagram Therapeutics raise 250M USD. https://news.crunchbase.com/venture/biggest-funding-rounds-sierra-astrani-anagram-therapeutics/ #Tech #Startup #News #AI
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Nvidia has committed over 40 billion USD to equity AI deals in 2026, including a 30B USD investment in OpenAI. The chipmaker has also invested in Corning and IREN. #Tech #Startup #News #AI https://techcrunch.com/2026/05/09/nvidia-has-already-committed-40b-to-equity-ai-deals-this-year/
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AI startup Intruder launches autonomous pentesting agents that replicate human penetration testers, completing tests in minutes that cost manual testers 50,000 dollars. https://thenextweb.com/news/intruder-ai-pentesting-cybersecurity-knowbe4 #Tech #Startup #News #AI
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Parker, a fintech startup that raised over 200M USD in funding, has filed for bankruptcy. The Y Combinator-backed company offered corporate credit cards for e-commerce businesses. https://techcrunch.com/2026/05/09/fintech-startup-parker-files-for-bankruptcy/ #Tech #Startup #News #Fintech
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Wispr Flow, a voice AI startup, has seen growth accelerate in India after launching Hinglish support. The company is betting on the market despite challenges with diverse languages and accents. https://techcrunch.com/2026/05/09/voice-ai-in-india-is-hard-wispr-flow-is-betting-on-it-anyway/ #Tech #Startup #News #AI
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With Trump wavering on Nato and war in Ukraine, Europe is scrambling to spend billions on weapons such as drones. British startup Skycutter is designing interceptor drones in a small East Midlands workshop, with 3D-printed fuselages produced hundreds of thousands of times a month in partner Ukrainian factories. https://www.theguardian.com/world/2026/may/10/defence-sovereignty-europe-builds-low-cost-weapons-drones #Tech #Startup #News #Defense
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The office of the future might sound like a call centre as more workers turn to voice AI for coding and tasks. One VC describes startup offices now as feeling like a high-end call centre as dictation tools like Wispr rise in popularity. Tomorrow&#39;s offices could be whisper-filled spaces where workers dictate rather than type. https://techcrunch.com/2026/05/10/get-ready-for-the-whisper-filled-office-of-the-future/ #Tech #Startup #News #AI
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Manchester-based Keel has emerged from stealth after pivoting from consumer neobank Frost to a Banking-as-a-Service platform. The company reached profitability and now serves venture-backed fintechs with multi-currency accounts, Visa card issuing and integrated compliance tools. https://tech.eu/2026/05/11/keel-unveils-fintech-infrastructure-business-after-pivot-from-neobank/ #Tech #Startup #News #Fintech
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Korea’s largest manufacturers including Samsung and Hyundai have backed Config, a startup building the data layer for robotic foundation models. The $27M seed round values the company at $200M. https://techcrunch.com/2026/05/11/koreas-biggest-manufacturers-back-config-the-tsmc-of-robot-data/ #Tech #Startup #News #Robotics
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Quantum software startup Algorithmiq has raised 18M EUR and moved its global HQ to Milan, in Italy&#39;s largest quantum VC round. Total funding reaches 36M EUR. https://tech.eu/2026/05/11/algorithmiq-moves-global-hq-to-milan-and-raises-eur18m-in-italys-largest-quantum-vc-round/ #Tech #Startup #News #DeepTech
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Nscale, the UK AI infrastructure startup backed by Nvidia, has secured 790M USD in debt financing to develop an AI data centre in Narvik, Norway. Microsoft will rent Nvidia chips at the site, which was previously earmarked for OpenAI&#39;s Stargate Norway project. Earlier this year Nscale was valued at 14.6B USD following a 2B USD Series C. https://tech.eu/2026/05/11/nscale-snaps-up-major-us-data-centre-site-inks-ai-compute-deal-with-microsoft/ #Tech #Startup #News #AI
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Daniel Ek-backed European defence startup Helsing is close to raising 1.2B USD at an 18B valuation, per TechCrunch. The five-year-old company, backed by the Spotify founder, builds AI-powered military drones for European defence. https://techcrunch.com/2026/05/11/daniel-ek-backed-defense-tech-helsing-to-raise-1-2b-at-18b-valuation/ #Tech #Startup #News #Defence
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Thinking Machines, the AI startup founded by ex-OpenAI chief technology officer Mira Murati, has unveiled interaction models that enable near-realtime voice and video conversation. The system processes input and output simultaneously, achieving a turn-taking latency of just 0.40 seconds compared with 1.18 seconds for GPT-realtime-2.0. https://venturebeat.com/technology/thinking-machines-shows-off-preview-of-near-realtime-ai-voice-and-video-conversation-with-new-interaction-models #Tech #Startup...