LG acquires smart home platform Athom to bring third-party connectivity to its ThinQ ecosytem

LG has acquired an 80% stake in Athom, a Dutch smart home company and maker of the Homey smart home hub. According to LG’s announcement, it will purchase the remaining 20% of Athom within the next three years. However, the financial terms of the deal were not disclosed. LG plans to integrate Athom’s Homey platform, […]

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Computing and shielding startups join forces to put AI-capable chips in space

Sophisticated spacecraft often run on shockingly outdated computing systems: consider that the Perseverance rover runs on a PowerPC 750, the processor famous for running on iMacs in the late 1990s.  San Francisco-based Aethero is aiming to bring more powerful computing systems to orbit, and their first payload launches this month on SpaceX’s Transporter-11 rideshare mission. […]

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Austin-based Ironspring Ventures raised $100m to invest in industrial revolution

When Ironspring Ventures launched in 2020 to back startups in industrial sectors like construction and manufacturing, it was one of very few early-stage venture firms paying attention to those capital-intensive sectors. Now, the firm is doubling down. The Austin, Texas-based firm raised $100 million for its second fund to focus on industrial startups. This is […]

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