Anduril alums raise M Series A to bring military logistics out of the Excel spreadsheet era

Anduril alums raise $24M Series A to bring military logistics out of the Excel spreadsheet era

Silicon Valley is doubling down on defense as geopolitical tensions rise and appetite for modernizing warfare grows. And while many of the startups garnering large valuations are focused on hardware and weaponry — think Anduril, Shield AI, and Skydio — Rune Technologies wants to tackle AI-enabled software for military logistics.  “The U.S. military runs on…

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CaaStle founder charged with fraud, turns herself in

CaaStle founder charged with fraud, turns herself in

Christine Hunsicker, founder of the fashion startup CaaStle, turned herself in to authorities Friday to face fraud charges, authorities confirmed to Bloomberg.  The U.S. Attorney for the Southern District of New York unsealed an indictment against her, charging her with wire fraud, securities fraud, money laundering, aggravated identity theft, and lying to financial institutions. She…

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