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Launching the lunar economy | Newsletter


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Quick Hits


Bitcoin bounce: Currency tops $90k.


Blue skies: X rival tops 15M users.


Crypto clash: FTX sues Binance.


Chip wars: AWS grants lure AI talent.


Connecting Africa: Starlink enters Chad.


Deep(L) voice: App adds ears.


Geo block: EU warns Apple.


Going nuclear: Oklo to deliver 750MW.


Grok unlock: xAI plans free version.


Infra Red: Red Hat acquires Neural Magic.


Meta monetizes: Threads adds ads.


News dues: Newspapers demand payment.


Old meets new: VW, Rivian partner.


Platform pivot: Guardian exits X.


Reporting to work: WashPo opts for RTO.


Task master: OpenAI preps task bot.


Thinning Mozilla: Foundation cuts 30%.


Slow your scroll: Australia mulls social media ban.


Video add: Signal takes on Zoom.


Trending Startups

Fintech flies



Fintechs are flying high and crypto confidence is climbing post-election. Coinbase, Robinhood, Toast, and Upstart are among this week’s Wall Street darlings.

Bot bags $1M



Oxford-made humanoid artist Ai-Da made history selling a portrait of Alan Turing for $1M. “The key value of my work is its capacity to serve as a catalyst for dialogue about emerging technologies,” the bots tells the world.

Alt funding for open source



VCs remain tepid on open source projects with no clear path to profits, so others like Bloomberg’s FOSS (free and open source software) fund are stepping up to fill the void,.

Launching the lunar economy



Houston-based Intuitive Machines landed a ship on the moon, the first step in building “the platform for the lunar economy.”

Sailing into startup life



Rhode Island-based Vatn Systems draws on unique experience to compete with much larger makers of underwater military drones: two of their co-founders grew up on sailboat.



Wellfound

Recently Funded

  • Australia's Animoca Brands Raises $10M for Open Metaverse

  • Dallas-based Conflixis Secures $4.2M for Data and Risk Intelligence

  • Denver-based Cloverleaf AI Nets $2.8M for Government Contracting

  • California’s General Galactic Raises $8M for Alternative Fuel Tech

  • Germany's Tozero Secures $11.7M Seed for Lithium-Ion Battery Recycling

  • India's Nexstem Raises $3.5M for Non-Invasive Brain Computer Interface

  • India's Funstop Games Raises $5M for Game Development

  • India-based Equal Secures $10M to Simplify KYC

  • Japan's Mawari Raises $10.8M for Decentralized Spatial Streaming

  • Kenya's Agventure Secures $9.5M for Farm Innovation

  • San Francisco's Oyster Secures $5M for Global Employment Solutions

  • San Francisco's Neon Raises $14M for Direct-to-Consumer Gaming

  • Spain's Acai Travel Secures $4M Seed for AI-Powered Travel

  • UK's Paloma Health Raises $2.5M for AI-Enabled Health Services

  • Wilmington-based Akave Secures $3.5M for Decentralized Data Management

Weekly Pulse

Startup We Love: Rula


Why we love it: Personalized mental health for everyone.


Rula is on a mission to make high-quality mental healthcare standard for all. No matter the size of your team, Rula makes it possible for everyone to access personalized mental health support through a network of 10k therapists. They boast a 97% hit match rate connecting people with therapists that fit their specific needs, whether by specific condition, gender, race, location, or life experience.

Post of the Week


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Podcast of the Week


Becoming an AI-Powered Company with Prasad Setty, Lecturer, Stanford GSB, Advisor, Former VP at Google, People Ops and Workspace (Future of HR)


How to Build A Competitive Edge with Ryan Petersen of Flexport (For Starters with Alexa von Tobel)

Startups Hiring Now



Decagon: AI support agents for your enterprise | 9 open roles


Coast: Coast is re-imagining B2B payments, beginning with fleet and fuel | 12 open roles


Nanit: The most advanced baby monitoring solution - ever | 10 open roles


Help us spread the word: we'll pay you $200 for every friend you get hired through Wellfound!