Two years after joining an $80 million rescue, Napster co-founder Sean Parker is helping reposition Stability AI as an AI toolmaker for music professionals, backed by Sony, Warner and Universal, which have licensed their catalogues.
Sibling-founded Circuit Breaker Labs, led by CEO Shirali Nigam, uses AI agents that mimic users of different ages, languages and cultures to test whether chatbots can detect psychologically harmful conversations. It is a TechCrunch Startup Battlefield 200 finalist.
The Standard Chartered Foundation has named five women-led ventures, spanning telepharmacy, accessibility tech, SME trade, event planning and children's coding, as winners of its Women in Tech Accelerator in Nigeria, each receiving $10,000.
Google's first Project Suncatcher satellite, carrying four Trillium TPUs powered by about 1 kilowatt of solar panels, is scheduled to launch on 1 October on SpaceX's Transporter-18 rideshare. The mission is a survival test for AI chips in orbit and a first step towards solar-powered data centres in space.
Berlin-based Restate, founded by members of the team behind open-source stream processor Apache Flink, has raised a $20 million Series A led by Singular, with Redpoint Ventures and Capital One Ventures, to scale its durable execution engine for AI agents. Replit already uses it to run its coding agent.
Zenithon, a London startup founded by two fusion researchers, has disclosed $10 million in funding from investors including Backed, Lunar Ventures, Seraphim Space, MMC Ventures and SOSV to build AI models that simulate extreme physics far faster than conventional methods.
Duksan Navcours, a maker of navigation and anti-jamming systems for missiles, aircraft and drones, surged about 75% above its ₩14,600 offer price in early trade on its KOSDAQ debut on 30 September, reflecting strong investor appetite for South Korea's defence technology sector.
Palo Alto-based CScale has exited stealth with a $145 million Series C led by Atreides Management, with Valor Equity Partners and Premji Invest as co-leads and Nvidia and Intel Capital as new strategic investors. The startup is building fault-tolerant optical links for AI systems spanning dozens of racks.
The Reserve Bank of Australia lifted its cash rate by 25 basis points to 4.60%, its fourth increase this year and the highest level since 2011, citing higher global energy prices, AI-driven technology inflation and domestic capacity pressures.
Luxembourg-based ANote Music has raised €2 million led by Seventure Partners and ScaleFund to expand its marketplace for music royalties, which now lists more than 100,000 songs and has recorded over €28 million in cumulative transactions.