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Tom Peters Joins Vint Cerf, Mark Cuban As SparkLabs Advisor

Management guru and author Tom Peters has joined SparkLabs’ honorary board of advisors. Other advisors include Mark Cuban, owner of the Dallas Mavericks; Michael Crow, president of Arizona State University; Ray Ozzie, founder & CEO of Talko; and Vint Cerf, vice president & chief Internet evangelist for Google.

SparkLabs is a startup accelerator in Korea. It just hosted its first Demo Day in Seoul, Korea. SparkLabs provides a 3-month long program for seed to early-stage entrepreneurs who want to build global companies.

SparkLabs invests $25,000 in each company, and provides free office space, and mentorship, among other things.

 

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.