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Synthetic announced it has raised $10 million in seed funding led by Khosla Ventures. Additional participants in the round included Basis Set Ventures along with operator-investors Tobi Lütke, Kaz Nejatian, Zach Abrams, Cosmin Nicolaescu, and Michael Tannenbaum.

The theft of an estimated $130 million in Bitcoin from Coldcard hardware wallet users is putting cybersecurity back in the spotlight, reinforcing the long-term case for ETFs tracking companies that protect digital infrastructure.

Individuals who received a notice about the Doxim data breach may be eligible to claim up to $5,000 from a class action settlement.

Why This Matters to Distributors:Sysco is using artificial intelligence to improve forecasting, delivery routing, inventory management, and customer service—not simply to automate individual tasks. The company’s strategy shows how leading distributors are increasingly tying AI investments to measurable operational improvements and long-term productivity gains.

Amsterdam-based Ore Energy raised $43M in Series A to scale iron-air batteries that store renewable power for up to 100 hours

New York sends $9 million+ in cybersecurity grants to municipalities for water systems Albany, NY (WRGB) —As seven states and more than 30 water systems nationwide recover from a water system cyber attack, New York State announced more funding for its own water systems on Monday. The FBI and EPA i…

UNIT AI, a physical AI company, has announced $12 million in funding to accelerate commercial deployments of its AI-powered platform for ecommerce fulfillment and returns. Prologis Ventures, Dynamo Ventures, and Ground Up Ventures co-led the round, with participation from eGateway Capital, Recursive…

Business Aug 03, 2026 News Aug 03, 2026 News Aug 03, 2026 Business Aug 03, 2026 Business Aug 03, 2026 Society Aug 03, 2026 News Aug 03, 2026 Noise Aug 03, 2026 News Aug 03, 2026 News Aug 03, 2026 Business UAE Startup Bundle Raises $5.5 Million for Rewards Platform The pre-seed funding will support t…

MENA startup funding rose modestly in July 2026, but the rebound was largely debt-driven, with equity investment remaining subdued. Startups across the Middle East and North Africa raised $172.6 million across 45 deals during the first month of the second half of 2026, up 16% from June but still 78%…

Despite the sharp drop in funding value, startup deal activity picked up, with the number of funding rounds rising to around 22 during the week. Funding into Indian startups fell sharply to $165.8 million across 22 rounds during the week of June 26 to July 2, down nearly 84% from $1.03 billion raise…