After raising nearly half a billion dollars, ABL Space pivots from launch vehicles to missiles

[ad_1] Significant changes are coming to ABL Space Systems. The leader of the 7-year-old startup took to social media last night to make a big announcement: The company will no longer be focusing on the commercial launch market but will be turning instead to missile defense.  ABL had been developing a small launch vehicle called … Read more

Upwind, an Israeli cloud cybersecurity startup, is raising $100M at a $850-900M valuation, say sources

[ad_1] Cybersecurity continues to command a lot of attention from enterprises looking for better protection from malicious hackers, and VCs want in on the action. In the latest example, TechCrunch has learned and confirmed that Upwind — a specialist in assessing and securing cloud infrastructure — is closing in on a $100 million round at … Read more

Coatue is raising $1B for AI bets

[ad_1] Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-infused boom, is raising $1 billion to back AI-focused companies, Bloomberg reported on Monday. The funding, which will top up the firm’s flagship fund, will be raised primarily from institutional investors. However, high-net-worth individuals with accounts at the brokerage Raymond James … Read more

One Zero could be raising $100M

[ad_1] Welcome to TechCrunch Fintech! This week we’re looking at One Zero potentially raising $100 million, Apple Pay expanding support for loan options, and another way Stripe is making crypto a big priority for its business.  If you’d like to receive the Fintech newsletter in your inbox every Tuesday, sign up here! The big story … Read more