Browsing: Seed

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are easy to underestimate. They make up a fraction—just 3.65%—of the total federal research and development budget. Their administration is decentralized across 11 federal agencies. Their individual awards have statutory limits of $305,000 for Phase I and $2 million for Phase II—modest…

Synthetic raises funding through a $10 million seed round led by. Basis Set Ventures also participated in the round, alongside several operator-investors. These include Tobi Lütke of Shopify and Kaz Nejatian of Opendoor. Zach Abrams, Cosmin Nicolaescu and Michael Tannenbaum also joined the investor group.

Terra Industries just closed one of Africa’s largest-ever seed rounds. The defense tech startup announced an additional $18 million in funding today, bringing its total seed to $52 million – a staggering amount for early-stage capital in emerging markets. The round signals growing investor appetite for defense infrastructure in the Global South, a sector that’s…