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Lightspeed backs Indian home services startup Snabbit as the next big consumer trend

Home services in India — whether it is cleaning, dishwashing, or laundry — have traditionally been offline and informally run. This has often resulted in delays and uncertainties for consumers, as well as inconsistent pay and job insecurity for workers. Recently, however, startups have begun viewing this area as ripe for transformation, leveraging technology to...

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Security startup Horizon3.ai is raising $100M in new round

Horizon3.ai, a cybersecurity startup that provides tools like autonomous penetration testing, is seeking to raise $100 million in a new funding round and has locked down at least $73 million, the company revealed in an SEC filing this week. NEA led the round, according to two people familiar with the deal. One person said that...

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SpaceX’s ninth test flight of Starship launches into space, ends in a spin

SpaceX’s Starship successfully separated from its Super Heavy rocket booster and reached orbit Tuesday evening, but later began spinning and made an uncontrolled re-entry into the Indian Ocean. SpaceX had cleared the surrounding airspace where Starship was coming down, according to the company. The ninth test flight provided a mix of successes and failures for...