Astera Labs started its life as a public company trading at $ 52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $ 36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking. Reddit, the well-known […]
Astera Labs IPO will reveal how much investors want in on AI
While the technology world breathlessly awaits Reddit’s public debut, another company you might never have heard of is about to go public: Astera Labs. And it may be a more important test of investors’ returning appetite for tech IPOs. Astera this week announced in a public filing that it’s public debut would be bigger than […]
Blockchain startup Sei Labs creates an interesting solution to make Ethereum faster
Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel, and exciting approach to make Ethereum faster and less expensive for developers. On Wednesday, Sei launched The Parallel Stack, a public good project – meaning free for any […]
After rockets and spacecraft, Rocket Lab’s next frontier could be applications
Rocket Lab is exploring possible applications for a satellite constellation that they would build, launch and operate in-house, similar to SpaceX’s Starlink business, as a way of generating recurring revenue, an executive said this week. “If you look to where we ultimately want to go, in a lot of ways we want to emulate what […]
UFC Partners With Dapper Labs to Launch NFT Collection ‘UFC Strike’
The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking and grappling from UFC fighters.” MMA Entertainment Giant Partners With […]