Tag: tech startup ipo

Anduril Alums Raise $24M to Fix Military Logistics Mess

by educatekaroin News, AI, Funding, TechLeave a Comment on Anduril Alums Raise $24M to Fix Military Logistics Mess

In a fresh twist to Silicon Valley’s defense-tech play, Anduril alums David Tuttle and Peter Goldsborough have raised $24 million to drag military logistics out of the spreadsheet era. Their startup, Rune Technologies, is building TyrOS — a deep tech logistics platform that works even on a jungle laptop, predicting supply needs and optimizing military resources. Unlike flashy weapons firms, Rune focuses on the boring (but vital) backend of war. With backing from a16z and Palantir execs, this AI-powered tool might just be the invisible backbone of future warfare.

Credit: TechCrunch

Figma’s Big IPO Move: What’s Cooking Behind the Scenes?

by educatekaroin News, IPO, TechLeave a Comment on Figma’s Big IPO Move: What’s Cooking Behind the Scenes?

Figma’s finally hitting the public markets and aiming to bag nearly $1 billion through its IPO. They’re putting up 36 million shares, with a price range of $25 to $28 each. If things land around the middle, the company could be valued at about $15.9 billion — not quite Adobe’s failed $20B buyout price, but still a strong comeback from its earlier $12.5B private tag. With this IPO, it’s not just cashing out — it’s sending a message: real utility in design tech is here to stay.

Credit: TechCrunch

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