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Tag: venture-capital

Businessstartups

Furientis Secures $25M from Benchmark for Low-Cost Missile Production

Defense startup Furientis has raised $25 million in a seed round led by Benchmark to mass-produce affordable missile interceptors. The company aims to address critical inventory shortages within the U.S. military. Founded by aerospace veterans, Furientis focuses on rapid manufacturing using readily available components. This approach offers a cost-effective alternative to traditional, high-priced defense systems, attracting significant interest from the Pentagon.

Technology

5 Startups That Caught VCs' Attention at the Latest PearX Demo Day

TechCrunch recently attended the latest PearX demo day in San Francisco, where 16 startups showcased their innovations to top venture capitalists. Run by Pear VC, the selective 12-week accelerator is closely watched by investors for its high-caliber cohorts. Among the participants, five distinct companies generated significant buzz for tackling complex challenges in spatial models, local AI hardware, secure assistants, and estate planning.