Astroscale takes the wraps off its $25M orbital refueling craft for Space Force

Orbital operations company Astroscale has revealed new details about its approach to refueling satellites in space, as part of a $25.5 million project exploring the concept with the Space Force. Their solution is a bit like a AAA truck traveling at 25,000 MPH. The concept of on-orbit servicing and repair is attractive to anyone who … Read more

Vertice raises $25M for AI-based tools to help companies tackle software spend

When you say the phrase “expense management” in a business context, people might think of software like Concur that tracks what you spend on travel, entertainment and other work-related activities; or the software used by finance teams to help track outgoings across the wider operation. You might even think that it’s a problem that has … Read more

Anecdotes lands $25M to expand its governance, risk management and compliance business

Governance, risk management and compliance — GRC for short — remains one of the most active startup areas in terms of VC investments. According to Tracxn, the private market data tracker, the roughly 1,500 vendors selling GRC software had received $28.7 billion in funding as of 2021. It’s no wonder there’s such high interest. GRC … Read more

Circuit City, angling for a comeback of sorts, hopes to raise $25M

At the risk of dating myself, I’m old enough to remember the days when Best Buy had a formidable rival in superstore chains: Circuit City. A cross between an appliance store (at least until it stopped selling appliances) and all-around electronics retailers, Circuit City was the place to be for nerdy, tech-obsessed kids like myself … Read more

As pet owners turn to mobile insurance apps, Lassie raises $25M Series B led by Balderton

We last wrote about Lassie, a pet health app and insurance provider, when it closed an €11 million Series A round in 2022. It’s growth had been spurred by the boom in pet ownership during the pandemic (nearly half of all European households now own a pet, and and owners spend €23.5 billion on them … Read more

Stitch raises $25M Series A extension led by Ribbit Capital, increasing the round’s total to $46M

Open banking, in which traditional banks release their data via application programming interfaces (APIs) to enable the development of new financial services for their consumers, has been one of the most significant disruptions in global payments over the past decade. Less than five years ago, this innovation, in which businesses use APIs to access customers’ … Read more

BeReal pushes back at report that it’s losing steam, says it now has 25M daily users

Just under a year ago, the buzzy new social app BeReal looked to be on the rise, with reportedly 20 million users launching the app every day to snap their candid photos. However, in the months since, BeReal’s traction has declined, according to a new report from Similarweb, despite its rollout of new features like … Read more