True Ventures bets on a post-smartphone future
True Ventures is betting its investment thesis on alternative interfaces like the Sandbar ring, as co-founder Jon Callaghan argues smartphones may not be used in 10 years.
Monday, August 3, 2026
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True Ventures is betting its investment thesis on alternative interfaces like the Sandbar ring, as co-founder Jon Callaghan argues smartphones may not be used in 10 years.
Enterprise AI budgets are predicted to increase in 2026, but investors expect companies to consolidate spending on a smaller number of vendors rather than experimenting with many.
French insect farming startup Ÿnsect has been placed into judicial liquidation for insolvency after raising over $600 million in total funding.
Investors expect 2026 to be a clearing event for startups, prioritizing distribution advantages and ROI over AI hype as the IPO market likely thaws.
The European startup market remains below pre-reset levels, but rising U.S. investor participation and successful exits suggest it is on the cusp of a turnaround.
Mill will deploy its commercial food waste bins in Whole Foods stores starting in 2027, marking a significant expansion from its consumer-focused household business.
Aflac has begun notifying around 22.65 million people that their personal and health data was stolen in a cyberattack likely linked to the Scattered Spider group.
United Launch Alliance CEO Tory Bruno has resigned after 12 years, leaving the Boeing-Lockheed joint venture to search for new leadership amid intense competition from private spaceflight firms.
Rad Power Bikes and Luminar have filed for bankruptcy, highlighting ongoing financial strain in the mobility sector as 2025 concludes.
Jon Medved, founder of Israeli VC firm OurCrowd, is retiring following a diagnosis of ALS, a debilitating disease, while continuing to support the startup ecosystem.