HOUSTON, August 21, 2023 – Axiom Space announced today that it secured $350 million in its Series-C round of growth funding, lifting the total funds raised to over $505 million from investors and achieving more than $2.2 billion in customer contracts. Read...
Read MoreWASHINGTON — Axiom Space announced Aug. 21 that it has raised $350 million from Saudi Arabian and South Korean investors to continue development of a commercial space station. The Houston-based company said it raised a Series C round that was led by Aljazira Capital and Boryung Co., Ltd., along with what it called “an array of diverse backers” that include venture capital funds and strategic brand partners. Read...
Read MoreVenture Capitalists (VCs) are often regarded as the architects of innovation, providing the capital that fuels the growth of groundbreaking startups. Yet, the herd mentality in this high-stakes industry is becoming more and more pronounced, leading to potentially precarious situations. As AI dominates the current debate, is it time for a much-needed reevaluation? Read more...
Read MoreFood waste is a massive global problem that needs to be addressed, but the issue is often ignored, as huge amounts of food are discarded for not meeting quality standards or for spoilage during transit. According to the UN Food and Agriculture Organization, a staggering 1.3 billion tons of food is wasted each year, costing the global economy $1 trillion. Read...
Read MoreHundreds of elders are using an AI-powered robot to combat their loneliness — and it appears to be offering companionship to one New Yorker getting daily breast cancer treatments. Read more...
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