Funding
US data storage startup Actifio scores $100M in funding at $1.1B valuation
Boston, US-based enterprise data management startup Actifio scored $100 million in its Series B funding led by Tiger Global Management for its expansion with its valuation now reaching $1.1 billion.
Young Entrepreneurs Academy awards seed money to five startups of Alabama students
Young Entrepreneurs Academy (YEA!), an entrepreneurship program for middle and high school students, awarded seed money to five startups in the Tuscaloosa, Alabama area after the student founders presented their business plans.
Mark Zuckerberg and Ashton Kutcher invest $40M in stealthy AI startup Vicarious
Facebook founder Mark Zuckerberg, Hollywood actor Ashton Kutcher, and Tesla founder Elon Musk invested $40 million in the second funding round of secretive artificial intelligence (AI) startup Vicarious.
US Energy Department awards $17M to clean energy businesses
The US Office of Energy Efficiency and Renewable Energy (EERE) awarded $17 million to clean energy businesses across 13 states to tackle the big problem of energy consumption.