RUNLAYER SUES RIPPLING OVER ALLEGED TRADE SECRET THEFT
■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE
NYC-based AI startup Runlayer filed a lawsuit against Silicon Valley software giant Rippling, alleging the company stole trade secrets to build a competing safety and governance product.
■ MORE FROM THE STARTUPS DESK
Defense tech company Hadrian secured $1.37 billion in Series D funding at an $8 billion valuation. The capital will fund expansion of its manufacturing facilities and Opus software platform.
Singapore-based AI infrastructure startup Acrab raised $130 million in Series B funding, surpassing $480 million in total capital raised. The round was backed by existing investors including Vertex Ventures.
Herdr, a runtime platform, has been accepted into Y Combinator's latest batch. The company is maintaining its open-source commitment despite the funding.
ProvenMetal, a Y Combinator S26 startup, manufactures assembled circuit boards domestically in days rather than weeks. The service accepts design files and specifications, addressing a critical gap in US semiconductor supply chains.