TechCrunch Startup News

Slag is the molten runoff created while producing steel in a traditional blast furnace. The material has been prized as greener cement alternative for creating concrete, the Earth’s most abundant human-made material. The runoff is facing supply chain issues, however, as the steel industry looks to greener methods of production. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Palmer Luckey-founded defense startup wants to become a serious rival to longstanding kingpins, and has been clocking some big wins. Learn more about your ad choices. Visit podcastchoices.com/adchoices

New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch.  Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets various performance goals within the first 18 months of the acquisition. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In a sign that big tech companies are ready and willing to shell out cash for database tech, Neon, a startup building an open source alternative to AWS Aurora Postgres, on Wednesday announced that Microsoft’s venture arm M12 led a $25 million strategic investment in its business. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Many industries that rely on legacy energy sources are aiming to electrify or at least streamline their operations, but for countless use cases the tech just isn’t there. H3X is changing the game with electric motors so compact and efficient that the aerospace and marine world — not to mention investors — are taking notice. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A startup developing AI market research based on location data, and backed by a who's who, has quietly raised, TechCrunch has learned. Learn more about your ad choices. Visit podcastchoices.com/adchoices

COVID-19 pushed people to take up outdoor activities. Now, startups are helping companies and consumers keep up with demand. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Trade My Spin has pieced together a logistics network capable of offering same or next day delivery in most major cities in the continental U.S. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. It’s part of Google Cloud’s effort to cozy up with promising early-stage AI startups, in hopes some of them will evolve into massive, compute-hungry business. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024.  Aurora, which went public in 2021 through a special purpose acquisition merger, is pursuing a driver-as-a-service model, wherein carriers purchase trucks with the Aurora Driver tech on Learn more about your ad choices. Visit podcastchoices.com/adchoices