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- 1Defense Unicorns wins $350M Defense Department software contract▼Defense Unicorns awarded $350M DOW contract to provide an open-source platform to enhance software delivery
Defense Unicorns has been awarded a $350 million Department of War contract to deliver an open-source platform aimed at improving how software reaches military users. The company, which specializes in software delivery tooling for defense applications, will provide a platform designed to speed up and streamline deployment of software across defense systems, part of a broader push to modernize government software practices.
- 2Where US unicorns cluster — and why copying the map fails▼Where US unicorns still cluster — and why copying the map fails
A new analysis examines which US regions still produce billion-dollar startup companies, and argues that other cities trying to replicate those ecosystems by copying the map are missing the point. The piece suggests unicorn clustering reflects deep, local conditions rather than a formula that can be transplanted elsewhere.
- 3IIT Madras and Unicorn India Ventures close Rs 450 crore deep-tech fund●IIT Madras and Unicorn India Ventures announced a Rs 450 crore first close for the IITM Unicorn Frontier Fund I, part of
IIT Madras and Unicorn India Ventures have announced a Rs 450 crore first close for the IITM Unicorn Frontier Fund I, the first tranche of a planned Rs 1,000 crore deep-tech fund. The fund is expected to back early-stage deep-tech startups emerging from India's academic and research ecosystem, and the announcement is drawing attention from the country's venture capital and startup community.
- 4IIT Madras-backed Unicorn Frontier Fund closes first Rs 450 crore▼IITM Unicorn Frontier Fund I hits Rs 450 Cr first close
IITM Unicorn Frontier Fund I has reached a first close of Rs 450 crore, according to YourStory. The fund, backed by the IIT Madras ecosystem, targets early-stage startups with unicorn potential. The close marks a key milestone in India's growing pipeline of institution-linked deep-tech and venture funds.
- 5Behind the sale of ACV Auctions, Buffalo's first startup unicorn▼Behind the scenes of the sale of ACV Auctions, region's first startup 'unicorn'
ACV Auctions, the Buffalo-based online vehicle auction platform that became western New York's first startup 'unicorn', is the subject of a behind-the-scenes account of its sale. The story traces how the company grew from a regional startup into a billion-dollar business and what its sale means for the area's tech community.