Issue #50 • November 7, 2025
Hi Seedradar Squad! This week demonstrated that the race for Artificial General Intelligence (AGI) is fundamentally a competition to secure massive computing power and energy. The top story saw Apple closer to finalizing a major deal with Google. This infrastructure theme was reinforced by Google’s new TPU chip and its "moonshot" Project Suncatcher. Simultaneously, the future of sustainable mobility took off as Beta Technologies, an electric aviation startup, achieved a blockbuster IPO.
✈️ Beta Technologies Raises $1B in Upsized NYSE Debut
Vermont-based electric aviation startup Beta Technologies raised $1 billion in its debut on the New York Stock Exchange, pricing shares at $34, which was above its predicted range.
The IPO gives the company a $7.4 billion valuation and was notable for bypassing traditional venture capital, with backing instead from institutional investors like Fidelity, Amazon, and General Electric.
🍏 Apple Nears $1B Annual Deal with Google to Power Siri with Gemini AI
Apple is reportedly finalizing a deal to pay Google approximately $1 billion per year to license its 1.2 trillion-parameter Gemini AI model.
The agreement would see Google's AI power a long-delayed, next-generation Siri. Apple plans to host the Gemini model on its own Private Cloud Compute servers to maintain user privacy.
💰 Snapshots: What Else Is Happening?
• Ripple announced a $500 million strategic investment led by institutional giants Fortress Investment Group and Citadel Securities, valuing the company at $40 billion. The funding validates Ripple's pivot to an institutional partner, expanding its services in custody, stablecoins (RLUSD), and prime brokerage after a $1 billion tender offer. - Read More
• Google announced its seventh-generation Tensor Processing Unit (TPU), codenamed "Ironwood," will be available in the coming weeks. The chip is custom-built for AI inference (running models) and is more than 4x faster than its predecessor. It will be available in pods of up to 9,216 chips and is seen as Google's most credible alternative to Nvidia's GPUs. - Read More
• Armis secured a $435 million pre-IPO funding round led by Goldman Sachs Alternatives and CapitalG (Google). The investment, which brings the cyber exposure management company's valuation to $6.1 billion, will be used to expand its go-to-market strategy as it surpasses $300 million in Annual Recurring Revenue (ARR). - Read More
• Google announced "Project Suncatcher," a "moonshot" research initiative to build AI data centers in space. The project envisions constellations of solar-powered satellites equipped with Tensor Processing Units (TPUs) and connected by optical links. The goal is to solve the long-term terrestrial energy and resource bottleneck created by the massive power demands of scaling AI. - Read More
• Tesla shareholders voted to approve CEO Elon Musk’s controversial compensation plan, a package that could ultimately be worth up to $1 trillion if ambitious performance targets are met. The vote, backed by more than 75% of participating shareholders, cements Musk’s long-term control over Tesla as it pivots harder into AI, robotics and autonomous vehicles. - Read More
🔥 Igniting the Future: Seedradar Ventures Syndicate!
At Seedradar Ventures, we back relentless founders at the earliest stage, investing in teams solving big problems with solutions that deliver a 10–20x greater impact.
Our syndicate offers investors access to a curated pipeline of early-stage startups, sourced through our network.
🚀 Startup Radar: Movers, Shakers & Future Makers
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🛠️ Trending AI Tools to Supercharge Your Workflow!
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💼 Join the Revolution: Hot Startup Jobs!
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💼 Resource of the Week!
🤖 Top Automation Software to Streamline Your Business Processes
In-depth comparison of Redwood RunMyJobs and TOPY AI to help startups choose the right automation stack for workflows, orchestration, and launch-focused AI tooling.
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Disclosure: Seedradar Ventures and/or its general partner may hold investments in some of the companies mentioned in this newsletter. This content is provided for informational purposes only and should not be considered investment advice.
