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Aurora Propulsion Technologies closes €1.7M seed for spacecraft maneuvering and deorbiting tech

TechCrunch

Enter Aurora Propulsion Technologies. Since its founding in 2018, the Finnish company has developed two products — a tiny thruster engine and a plasma braking system — and will be testing both in an in-orbit demonstration in the fourth quarter of this year. million ($2 million) seed round to bring its technology to market.

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Amazon downsizes AWS in a fresh cost-cutting round

CIO

The layoffs will affect AWS’ sales, marketing, and brick-and-mortar technology development teams. Rethinking physical retail strategy On Tuesday, AWS also downsized its team responsible for developing technology for Amazon’s physical retail stores. In 2018, Amazon introduced cashier-less tech “Just Walk Out” at a Seattle store.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).

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Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

.” De Gruchy — who has a fascinating history, having studied cage fighting and served as an army officer before pivoting to a quieter, white-collar career in due diligence analysis — founded Infogrid in 2018.

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Women in tech statistics: The hard truths of an uphill battle

CIO

The employment gap Despite national conversations about the lack of diversity in tech, women are disproportionally missing out on the ongoing boom in IT jobs. In fact, the ratio of women to men in tech roles has declined in the past 35 years, with half of women who go into tech dropping out by the age of 35, according to data from Accenture.

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Construction tech startup Kojo rebrands, expands and lands $39M

TechCrunch

Founded in 2018 as Agora, the company raised $33 million in a Tiger Global-led Series B round in August of 2021. Kojo claims it can help contractors save as much as hundreds of thousands of dollars in materials annually due to far less waste, while also cutting down their order process time by 50%. It’s been busy since.

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HackerOne buys YC-backed PullRequest to add code review to bug-squashing platform

TechCrunch

PullRequest , a five year old startup that came out of Y Combinator in 2017 , helps software developers by providing an external code review team. PullRequest expands that capability by having a group of qualified code reviewers on call, who can detect a bug even before it gets into production. All 12 employees have moved to HackerOne.