Technology

Tech industry, products, and how technology shapes society

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Industry & Startups

Industry & Startups

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Northwood Space raises $375M Series C at a $2B valuation from a16z and DFJ Growth

Northwood Space, a satellite-communications infrastructure firm founded in 2022 and led by CEO Bridgit Mendler, raised a $375 million Series C co-led by Andreessen Horowitz and DFJ Growth, valuing it at $2 billion. The round also includes a financial agreement with HSBC, following a $100 million Series B in January and a roughly $50 million U.S. Space Force contract.

Xiaomi is establishing itself as a serious EV manufacturer – but still falling short of its annual target

Xiaomi delivered more than 50,000 electric vehicles in October 2026, its first month above that level, but only 336,000 units from January through October against a 550,000 annual goal. Hitting the target would require about 107,000 deliveries in both November and December, a scenario the report calls highly unrealistic.

On theCUBE Pod: Stock market gets the jitters and Anthropic files IPO

Anthropic submitted an IPO filing to the U.S. Securities and Exchange Commission as several technology stocks declined amid investor concerns about AI infrastructure spending. Intel shares fell almost 30% after its earnings report, and Intercontinental Exchange plans a Trade[XYZ] partnership for Hyperliquid-based perpetual futures, subject to regulatory approval.

AI marketing platform Profound establishes Singapore as Asia Pacific headquarters

Profound, an AI marketing platform, is establishing Singapore as its Asia Pacific headquarters, basing regional leadership and go-to-market teams there with an office in the Central Business District set to open in the fourth quarter of 2026. The company intends to add more than 15 Singapore roles over the coming year, following a $180 million Series D round.