Tel Aviv-based Torq, which operates an autonomous AI-powered security operations platform, raised $140M led by Merlin Ventures at a $1.2B valuation (Andrew Martin/Bloomberg)

Andrew Martin / Bloomberg:
Tel Aviv-based Torq, which operates an autonomous AI-powered security operations platform, raised $140M led by Merlin Ventures at a $1.2B valuation  —  The Israeli cybersecurity startup Torq is planning to announce Sunday that it has closed a $140 million funding round, raising its valuation to $1.2 billion.



from Techmeme https://ift.tt/HRjnmXC

Comments

Post a Comment

Popular posts from this blog

Guilherme Rambo, who has published scoops about unreleased Apple products by examining beta software, says Apple locked his dev account with no stated reason (Buster Hein/Cult of Mac)

Image
Buster Hein / Cult of Mac : Guilherme Rambo, who has published scoops about unreleased Apple products by examining beta software, says Apple locked his dev account with no stated reason   —  Guilherme Rambo, one of the top Apple secret-spillers, says Apple locked him out of his developer account, preventing … from Techmeme https://ift.tt/37pX6fR
Read more

Barcelona nights

Image
I’ve yet to walk the entire floor at Mobile World Congress in Barcelona this year (that’s the goal for this afternoon), but my sense is the majority of the robots present fit into one of two categories: robot vacuums or greeter robots. With Pepper out of commission, maybe there’s a wide-open market there. Who knows? The two Xiaomi robots — CyberOne and CyberDog — may well have been the most prominent of the show, and neither were especially inspiring. It was fun finally seeing the Cyber One in person after writing about it seven months ago. The humanoid robot’s stilted locomotion screamed “research prototype” in the first demo, and I’m plenty wary about phone makers getting “serious” about robotics. There was no demo in the booth this year, rendering it more of an expensive mechanical mannequin. Xiaomi’s humanoid CyberOne robot at MWC 2023. Image Credits: Brian Heater CyberDog was moving, at least. The system was significantly smaller than I’d anticipated, standing at only 1.3 fe...
Read more

Upward and onward

The future is very much yet to be written about vertical farming. In many ways, the technology presents hope in the midst of rising food safety concerns, aging populations and potential environmental collapse. It’s also an intensely hard row to hoe, as it were. Early companies in the space are going to be the ones focused on driving down unit economics (hopefully) to a point where the technology makes sense from a price perspective. But sometimes being early to a party means you’re among the first to leave. Last January, we covered what looked to be an important next step for Upward Farms, as the company announced plans to open a 250,000-square-foot farm in Northeastern, Pennsylvania early this year. The Brooklyn-based firm recently announced , however, that it has closed up shop. “We found that vertical farming is almost infinitely complex — as we tackled challenges, new ones emerged,” founders Jason Green, Ben Silverman and Matt La Rosa said in an open letter. “Our team faced thes...
Read more