Formo gets investors’ mouths watering with Koji protein-based animal-free cheese

A love of food — and, well, cheese — has landed German fermentation startup Formo‘s co-founder Roman Plewka and its team a hefty $61 million Series B round to keep scaling production of their climate-friendly, animal-free cheese. The Berlin-based startup’s first products use a base […]

Miami-based AI bookkeeping startup finally has raised another big round: $200M in equity and debt

The SMB-focused bookkeeping, accounting and finance startup finally has raised $50 million in a Series B round of funding and secured a $150 million credit line, TechCrunch is the first to report. The financing comes just seven months after the fintech company announced it had […]

U.S., China and other nations convene in Seoul for summit on AI use in military

More than 90 nations, including the U.S. and China, will convene at a two-day summit in Seoul starting Monday to attempt to establish a blueprint for the use of AI in the military. As Reuters reports, participants hope to establish minimum guardrails and suggest principles […]