Newsletter #76

This Week's Good Reads

WIRED - Google's Gemini Can Now Stomp Around as a Humanoid Robot — Gemini Robotics 2 combines a vision-language model with separate whole-body and dexterous-control models, letting different robots reason about their surroundings and execute trained tasks such as shelf tidying, lightbulb replacement, and tying trash bags. WIRED
VentureBeat - AI Infrastructure Spending Outpaces Control — Research across 107 enterprises found that 83% run GPUs at 50% utilization or less and only 44% rigorously track compute costs, even as 64% plan to switch or add infrastructure providers within a year. VentureBeat
World Labs - Atlas: A World Model for Spatial Intelligence — Atlas is a multimodal autoregressive diffusion transformer trained across text, images, video, and 3D to generate, reconstruct, and simulate spatially consistent worlds, including real-to-sim workflows for robot planning. World Labs

Robotics and AI Companies Funding

Pre-seed / Seed

Expertise AI - CA$3.2M, Seed round led by UpHonest Capital, with Amino Capital, Welight Capital, UpScaleX, and AltaIR Capital. Expertise AI deploys AI agents across sales and customer support for enterprises in logistics, energy, telecom, financial services, and manufacturing.
Fangqi Technology - Tens of millions of yuan, Angel funding from TusStar and other institutional investors. Fangqi Technology is developing a cloud-native robot skills operating system designed to reuse capabilities across humanoids, wheeled robots, and robotic arms.
Metris - $5 million, Seed round led by PT1, Octopus Ventures, AENU, and Blackfinch Group, with Plug and Play and Love Ventures. Metris is building a live system of record for energy assets that reconciles operational and financial data and adds automated workflows, natural-language queries, and AI agents.
Health Force - €4.2 million, Seed round led by LUMO Labs, with Step Venture, Next Tier Ventures, Target Global, and Calm/Storm. Health Force deploys pre-trained AI agents that use their own credentials to complete administrative workflows inside hospitals' existing systems.
Shutu Technology - nearly RMB 100 million (about US$14 million), Pre-Series A round co-led by CDH Baifu and Kunpeng Fund with Guangzhou Industrial Investment Holdings Group Co., Ltd, Yihe Capital, and Trend Capital. Shutu Technology builds embodied-AI infrastructure that turns human demonstrations into structured training data and gives robot manipulators tactile sensing for contact, force, and slip.
Dental Robotics - Undisclosed, Seed round led by AI Angel Club with CNTTech, People Investment, and Digital Healthcare Partners. Dental Robotics combines medical imaging, real-time vision AI, and a six-axis robotic arm to position dental suction autonomously.
Mantic - $25M, Seed round led by Radical Ventures with M12 (Microsoft's Venture Fund), Thinking Machines Lab, and Balderton Capital. Mantic builds frontier AI models that forecast political, economic, business, and cultural events.
Creem - €5 million, Seed round led by Inovo.vc with Practica Capital, Antler, Markus Villig, Timmu Tõke, Kaspar Tiri, Adam Jafer, and Fryd Wiatrowski. Creem provides programmable merchant-of-record infrastructure for billing, tax, compliance, payouts, and revenue operations.
Hello Haven - $15M, Pre-seed round led by Mayfield. Hello Haven builds personal AI digital twins with private memory graphs that coordinate models, tools, and tasks across communication channels and apps.
JustSolve - €3.7M, Pre-seed round led by Base10 Partners with Entourage Ventures, 2100 Ventures, Vento, Ithaca, and ten angel investors. JustSolve offers an agentic AI platform that automates pre-legal collections across omnichannel contact, adaptive negotiation, payment plans, and legal escalation.
TypeSafe AI - $40M, Seed round led by DCVC. TypeSafe AI builds fast, typed AI models that return structured values, probabilities, and confidence scores for machine-to-machine software decisions.
Orbits - nearly $2M USD (about $2.6M CAD), Pre-seed round backed by Speedrun, N49P, Garage Capital, and angel investors. Orbits develops Bit, an AI household assistant that combines family calendars, lists, and communications and can execute tasks such as purchases, reservations, and scheduling.
VerifAIX, Inc. - $5M, Seed round co-led by Endiya Partners and Bluehill.VC, with Vinod (Vin) Dham. VerifAIX develops a mathematically grounded chip-verification platform that combines AI reasoning with deterministic methods to identify inconsistencies and missing evidence.
AcouBatt - £1.1 million, Pre-seed round led by Creator Fund with Ada Ventures, John Goddard, Kristian Segerstrale, James Sanson, Al Giles, and Luisa Alemany. AcouBatt uses acoustic-emission sensors and proprietary AI to diagnose chemical and mechanical activity inside battery cells during manufacturing.
Expanse - $5.3 million, Seed round led by Crane Venture Partners with PXN Group. Expanse predicts GPU, CPU, memory, and runtime requirements before AI workloads run and recommends right-sized compute configurations.
Gaia Dynamics - $7 million, Seed round led by Corazon Capital with Lobby Capital, AI Fund, and Zenda Capital. Gaia Dynamics provides an AI platform for product classification, tariff calculation, customs auditing, and real-time trade compliance planning.
Ferry Health - $9 million, Seed round from Andreessen Horowitz, Index Ventures, Avid Ventures, Layout Ventures, SV Angel, BoxGroup, Asymmetric, Jay Desai, and other healthcare and technology founders. Ferry Health provides an AI assistant that finds in-network providers, checks coverage and availability, and books appointments for patients.
Noetive - $41 million, Seed round led by Eclipse with Craft Ventures, The Westly Group, Swish Ventures, Factory, incite.org, Gigascale Capital, Operator Partners, Liquid 2 Ventures, and Matthew Rogers. Noetive combines a self-improving AI intelligence layer with multimodal sensing to help physical operations adapt in real time.
Aristotle - $5 million, Seed round led by True Ventures with Wicklow Capital, Inc. and operators and researchers from Anthropic, OpenAI, Sierra, Ramp, and Cognition. Aristotle builds a voice-first AI tutor that remembers previous sessions, adapts to each student, and guides learning without immediately giving away answers.
Depotcharge - €2.7M, Pre-seed round led by HTGF | High-Tech Gründerfonds with xdeck, kopa ventures, and Prequel Ventures. Depotcharge is building a marketplace that lets logistics depots share idle electric-truck charging capacity with other fleets.
Robocurve - $10M, Seed round led by Initialized Capital with Notable Capital, Decasonic, Y Combinator, and Halcyon Futures. Robocurve builds independent, reproducible benchmarks for evaluating what frontier AI models can make physical robots do.
Aron - $8M, Seed and Pre-Seed financing comprising a $6M Seed round led by Storm Ventures and a $2M Pre-Seed round led by Menlo Ventures. Aron provides an AI chief of staff that cleans procurement data, identifies savings, and autonomously runs source-to-contract workflows.
Zero - $10.3M, Seed round led by Primary Venture Partners, with participation from Inception Fund, Defiant, Greens Ventures, Fabian Hedin, Ilkka Paananen, and Peter Sarlin. Zero is replacing the traditional CRM stack with agents that perform administrative work across prospecting, sales, and customer success.
Keewano - $12M, Seed round led by Hetz Ventures, with participation from Speedrun, Remagine Ventures, and DIG Ventures. Keewano is building KeewanoDB, a database that preserves complete, ordered event histories so AI agents can analyze raw data in context.
Eve Security - $4.5 million, Seed extension round led by Run Ventures with Dreamit Ventures, Blu Ventures, and LiveOak Ventures. Eve Security provides runtime governance that observes AI agents, evaluates anomalous intent, and blocks risky actions before they reach sensitive data or infrastructure.
Decimal - $4 million, Seed round co-led by Khosla Ventures and Kearny Jackson, with Atlassian Ventures, Weekend Fund, Claire Hughes Johnson, Michelle V., and Rimple Patel. Decimal provides an AI customer engineering platform that answers support questions, takes account actions, traces product behavior, and drafts bug fixes for review.
Scaffold - $15M, Seed round led by Navitas Capital with D.R. Horton, PulteGroup, Builders FirstSource, Windsor America, Grid Capital, Home Technology Ventures, Stage 2 Capital, and Ivy Zelman. Scaffold provides an AI coordination layer that connects residential construction systems, maintains a current record for each job, and automates updates across builders, contractors, and suppliers.
Liquid Compute - $15M, Seed round co-led by FirstMark and Chemistry with K8, Night Capital, TrueBridge Capital Partners, Brainchild Holdings, UFO Holdings, and Dmitry Balyasny. Liquid Compute is building a marketplace and regulated financial infrastructure for matching, pricing, clearing, and hedging GPU capacity.
G5 Labs - $14M, Seed round co-led by Pillar VC and Battery Ventures, with Omega Venture Partners, Encoded Ventures, and angel investor Jeff Dean. G5 Labs is building a semantic layer that connects natural-language business and technical intent to generated code through a structured ontology graph.

Series A

Altis Labs - US$25M, Series A round co-led by OrbiMed and Qiming Venture Partners USA, with Innovation Endeavors, Benchstrength, Fusion Fund, and Lumira Ventures. Altis Labs develops AI imaging biomarkers that turn routine radiology scans into survival predictions for oncology drug trials.
Raindrop - $35 million, Series A round led by CRV with Lightspeed and Y Combinator. Raindrop monitors production AI agents for unexpected behavior and simulates proposed changes against real traffic and test cases to surface failures before deployment.
Disha: AI Health Coach - ₹43.88 crore, Series A round led by General Catalyst with Elevation Capital and Performing Creatives. Disha: AI Health Coach provides multilingual AI coaching for personalized diet, fitness, and chronic-care support.
Watney - $80 million, Series A round co-led by Valor Atreides AI Fund and Hummingbird Ventures with Conviction, Abstract, A*, and Grant Gordon. Watney deploys dexterous robots for data-center infrastructure tasks such as cable swapping.
Artificial Intelligence Underwriting Company (AIUC) - $40M, Series A round led by Ribbit Capital with First Harmonic and Terrain. Artificial Intelligence Underwriting Company (AIUC) builds AI assurance standards, audits, and insurance infrastructure for evaluating enterprise AI risks.
Comp AI - $34M, Series A round co-led by Roo Capital and Grand Ventures. Comp AI uses AI agents to automate and continuously monitor security compliance workflows, including evidence gathering, control validation, and vendor assessments.
Treble Technologies - $18 million, Series A-2 round led by Paladin Capital Group with KOMPAS VC, Frumtak Ventures, and European Innovation Council Fund. Treble Technologies builds acoustic digital twins and synthetic audio data for training and testing robots, voice devices, and other audio-enabled products.
Kastle - $24M, Series A round led by Insight Partners, with Y Combinator, Commerce Ventures, and Fifth Wall. Kastle builds AI agents that complete high-volume consumer-lending operations across banks' existing infrastructure, with human oversight for complex cases.
Magentic - $18M, Series A round led by Felicis, with Sequoia Capital and The Westly Group. Magentic builds AI digital workers that execute procurement and supply-chain workflows inside manufacturers' existing systems.
Rebuild - $13M, Series A round co-led by Asymmetric, Gutter Capital, and 25madison. Rebuild turns voice notes, 3D scans, and job documents into insurance-compliant restoration estimates for property restoration contractors.
Viabot - $24 million, Series A round led by Walden International, with CDIB Capital Group, Stalwart Ventures, Baseline Ventures, Era Ventures, Morado Ventures, and SOSV. Viabot provides autonomous outdoor sweeping as a service and uses the same sensor routes to surface site issues for commercial-property operators.
EUCLYD - more than €200M, Series A round co-led by Samsung Catalyst Fund, Somerset Capital Partners, Scaleup Europe Fund managed by EQT Group, and Innovation Industries, with participation from EIFO, imec.xpand, Brabantse Ontwikkelings Maatschappij (BOM), and Quadri. EUCLYD is building a vertically integrated AI infrastructure stack that co-designs programmable ASICs, memory, and datacenter systems to improve inference efficiency.
Nomos - €20M, Series A round led by Index Ventures, with participation from Markus Villig, Daniel Dines, and Tomas Okmanas. Nomos provides infrastructure that lets installers of batteries, electric vehicles, and heat pumps operate as branded electricity retailers.
Artificial Intelligence Underwriting Company (AIUC) - $40 million, Series A round led by Ribbit Capital with First Harmonic. Artificial Intelligence Underwriting Company builds confidence infrastructure that tests, audits, certifies, and insures AI agents and frontier models.
Jack & Jill - $40M, Series A round led by Air Street Capital with Madrona, Antler, Creandum, Ada Ventures, Entrepreneurs First, Expedite Capital, and Repeat Ventures. Jack & Jill operates AI agents for candidates and employers that learn each side's preferences and introduce them when both would take the call.

Series B

Luzern Risk - $45M, Series B round led by Insight Partners, with Trust Ventures and Caffeinated Capital. Luzern Risk provides an AI-native platform for captive insurance formation, administration, analytics, and reporting.
Shanghai Fuller Information Technology - RMB 350 million (about US$49 million), Series B round led by Shenzhen Capital Group with MPCi, SINOMACH Industrial Fund, Kunshan Venture Capital, BOCOM Capital, and Manshi Capital. Shanghai Fuller Information Technology provides supply-chain software for warehouse, transport, and order-management workflows, with AI agents designed to automate operational exceptions.
Adaptive - $30 million, Series B round led by Tidemark with Emergence Capital, Andreessen Horowitz, Pathlight, Definition, and 3KVC. Adaptive builds project accounting agents that gather construction context and automate job costing, invoicing, billing, payments, and compliance with human review.
MIND - $72M, Series B round led by Crosspoint Capital Partners, with YL Ventures and Paladin Capital Group. MIND provides an AI-native data-loss prevention platform that discovers, classifies, monitors, remediates, and protects sensitive data across enterprise systems.
Arcee AI - Undisclosed, Series B round led by Vista Equity Partners, Cambium Capital Management, and Emergence Capital, with participation from AI10 Ventures, Hitachi Ventures, IAG Capital Partners, M12, Prosperity7 Ventures, and Wipro. Arcee AI develops open-weight foundation models and infrastructure for customizing, evaluating, deploying, and operating them.
BackOps AI - $42 million, Series B round led by Insight Partners with Theory Ventures, Construct Capital, Gradient, and 10vc. BackOps AI builds an AI resolution layer that learns company procedures and executes supply-chain workflows across systems and external portals.
Footprint - $25 million, Series B round led by QED Investors with MUFG, Commerce Ventures, Lightbank, Alumni Ventures, Index Ventures, Lerer Hippeau, BoxGroup, Operator Partners, and Animal Capital. Footprint builds an AI-native financial crime compliance platform that executes verification and investigation workflows while preserving institutional knowledge.
Genisom AI - Several hundred million yuan, Series B round led by Stone Venture with HSG, Guangdong Technology Financial Group, Wuzhong Rongyue, Wuzhong Financial Holding, Neusoft Group, Highpower Technology, Yuanjian Capital, and Riying Electronics. Genisom AI builds quadruped and humanoid robots for demanding industrial environments, spanning core components, robot bodies, motion control, navigation, perception, decision-making, and task execution.

Series C and beyond

Amber Electric - A$78.5 million, Series E round led by 1GT, Morgan Stanley Investment Management's climate strategy, with ETF Partners - The Environmental Technologies Fund, Innovation Victoria, and E.ON. Amber Electric uses AI to automate when household batteries and EVs charge, discharge, and export power against real-time wholesale prices.
CADDi - $114 million, Series D round backed by Moore Strategic Ventures, Coreline Ventures, HR Tech Fund LLC, Woven Capital, Salesforce Ventures, Atomico, Globis Capital Partners, and JPS Growth Investment Limited Partnership. CADDi builds a shared semantic data layer that helps manufacturing teams and AI agents reason across engineering, procurement, production, and quality data.
Angle Health - $200M, Series C round led by Vitruvian Partners with Town Hall Ventures, Blumberg Capital, Portage, Pruven Capital, and Y Combinator. Angle Health provides an AI-native health benefits platform for small businesses, combining underwriting, plan configuration, administration, navigation, and targeted clinical support.
RobotPlusPlus - Hundreds of millions of RMB, Series C round led by Qianggang Capital Fund with GIG Capital Group, Sealand Innovation, and Juntong Capital, while Fosun RZ Capital increased its stake. RobotPlusPlus builds working-at-height robots that automate hazardous industrial maintenance tasks on ships, tanks, and other structures.
Ridgeline - $250 million, Series E round led by Dave Duffield with Motley Fool Ventures, people associated with Smead Capital Management, and Patrick O'Shaughnessy. Ridgeline provides a cloud-native investment management platform with a unified data model and agentic workflows for regulated operations.
D-Robotics - $400 million, Series C round led by Mirae Asset Co., Ltd. with Meituan, Hefei State-owned Capital Venture Capital Co., Ltd., Zhixin Investment Co., Ltd., other institutions, and existing shareholders. D-Robotics provides chips, developer kits, and software infrastructure that help teams move embodied-AI and robotics products from prototype to production.
Profound - $180M, Series D round co-led by Sequoia Capital and Kleiner Perkins, with Lightspeed, Khosla Ventures, Saga Ventures, Evantic Capital, and South Park Commons. Profound is building an AI marketing platform that researches, writes, reports, and launches work using current brand and workflow context.
Exein - $270M, Series C round led by Headline with Sofina, Goldman Sachs, European Investment Bank, KfW Capital, T.Capital, Balderton, HV, Intrepid Growth Partners, 33N Ventures, Lakestar, Supernova Invest, Blue Cloud Ventures, and Geodesic Capital. Exein develops embedded runtime cybersecurity and trains a foundation model on telemetry from connected industrial systems, vehicles, medical equipment, and robots.

Growth / Strategic / Other

Enablence Technologies - C$25M, Strategic investment from Collingwood Investments. Enablence Technologies makes planar lightwave circuit chips that route and manage optical signals for AI, data-center, telecom, and other applications.
Helios AI - $3 million, Strategic investment from W23 Global. Helios AI combines climate risk, price forecasting, and real-time disruption monitoring across agricultural commodities.
FintechOS - $28 million, Combined equity and senior debt financing backed by Bek Ventures, IFC - International Finance Corporation, Cipio Partners, and Molten Ventures, with Santander Corporate & Investment Banking providing senior debt. FintechOS helps banks, insurers, credit unions, and building societies build, launch, and manage financial products above their existing core systems.
Penelope Health - $100 million, Committed capital led by Thoreau with BHI - Bertelsmann Healthcare Investments, Twine Ventures, and Seedcamp. Penelope Health turns healthcare coverage policies, prior-authorization requirements, medical-necessity criteria, and coding rules into structured data that providers, payers, and AI assistants can query in real time.
Vantora (formerly UP.Labs) - more than $100 million, Growth investment from Silversmith Capital Partners. Vantora embeds experienced founders and engineers inside industrial companies to build AI-native ventures around operational data and high-value problems.
Logibot - €1.4 million, Funding round led by Beam with RDY.VC, PMV, and BAN Flanders - Business Angels Network Flanders. Logibot provides hardware-agnostic software that analyzes warehouse workflows, validates deployments in a digital twin, trains robots for specific tasks, and supports their operation.
CorePower Magnetics - $10.6M, Funding round co-led by Engine Ventures and Material Impact, with Evergreen Climate Innovations, Carnegie Mellon Catalyst Fund, and Baruch Future Ventures. CorePower Magnetics manufactures advanced magnetic materials and components for power conversion in AI data centers, industrial systems, and grid infrastructure.
Cornelis Networks - $205M, Funding round led by IAG Capital Partners. Cornelis Networks develops open, programmable networking fabrics that accelerate data movement and collective operations for AI and high-performance computing systems.
Stuut - $67,597,673, Funding round from undisclosed investors. Stuut provides AI agents that automate order-to-cash workflows including customer outreach, payment matching, payment processing, disputes, and deductions.
TeRAM, Inc. - $37M, Equity financing led by Primary Venture Partners with B Capital, Hyperion, SemiAnalysis, Alumni Ventures, and Lightscape Partners. TeRAM, Inc. develops custom 3D SRAM and packaging that integrate memory directly onto AI compute chips to improve capacity, bandwidth, and power efficiency.
Apex Intelligence - nearly $50M, Angel and angel-plus rounds co-led by IDG Capital, LinkX Capital, XtalPi Inc., Zhongguancun Science City Fund, Shenzhen Capital Group Co., Ltd, and Shanghai Engine Fund, with participation from Decent Capital, SEE Fund, Monad Ventures, and Winsoul Capital. Apex Intelligence develops self-evolving foundation models for scientific research across chip design and simulation, molecular R&D, and quantitative strategy development.
Planted - $31.8M, Funding round co-led by Piva Capital and RA Capital Management, with participation from Breakthrough Energy, Gigascale Capital, Google, and Khosla Ventures. Planted combines project-planning software, terrain-following solar arrays, energy storage, and field robotics to make solar-power-plant construction repeatable and scalable.
StrikeReady - Undisclosed, Strategic investment led by Wa'ed Ventures. StrikeReady provides a Composite AI security operations platform that automates high-volume work and applies LLM reasoning to complex investigations.
Embodied AI - Undisclosed, First financing round led by Faber with Techshop Capital, Look AI Ventures, Kickfund, Plug and Play, Excellis, and Vento. Embodied AI builds adaptive robots for manufacturing and logistics tasks that require dexterity and frequent production changes.
Factory - $200M, Funding round backed by Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, Evantic Capital, and Sound Ventures. Factory builds AI coding agents that work across software development, testing, and maintenance while giving enterprises control over models, workflows, and outcomes.
Ottonomy Inc - $500,000, Strategic investment from Gix Internet Ltd. Ottonomy Inc develops Level 4 autonomous delivery robots for hospitals, airports, industrial sites, and last-mile networks.
Kairon Health - $5M, Venture round led by Flare Capital Partners with Tau Ventures, Lightbank, General Advance, and Pave Health Ventures. Kairon Health unifies healthcare data and turns it into prioritized worklists, patient outreach, and measurable execution for value-based care teams.
Delos Data - Over $100M, Funding round backed by Matrix, Playground Global, Socratic Partners, Capricorn Investment Group, Matter Venture Partners, and IAG. Delos Data is building Nonstop AI, an architecture combining software, systems, and silicon to improve networking for distributed AI infrastructure.

Robotics and AI News

36Kr Europe - Robotics Industry IPO Threshold Tightening? First-Hand Verification from Frontline Investment Banking Professionals — Chinese investment bankers say robotics IPO reviews are placing greater weight on repeatable recurring revenue, narrowing losses, and proven large-scale deployment rather than subsidies, one-off gains, or laboratory-stage concepts. 36Kr Europe
36Kr - Hai Robotics Refiles for IPO: Leading Global Market Share with Persistent Significant Losses — Hai Robotics refiled for a Hong Kong IPO after reaching RMB 2.017 billion in 2025 revenue and 32.8% of the automated-case-retrieval market, while cumulative losses from 2023 through the first half of 2026 reached RMB 3.523 billion. 36Kr
Boston Dynamics - Boston Dynamics Opens Robotics Metaplant Application Center to Train Humanoid Robots for Manufacturing Tasks — Boston Dynamics opened an Atlas training center inside Hyundai's Georgia metaplant, with plans to expand logistics and assembly tasks, deploy 25,000 robots across Hyundai and Kia plants, and build US capacity for 30,000 robots a year. Boston Dynamics
Agility Robotics - Agility Unveils Digit 5 Humanoid Robot Built for Cooperatively Safe Work at Scale — Digit 5 adds human-proximity safety controls, a 50-pound payload, a 90-minute battery that charges in nine minutes, swappable tools, and fleet integration backed by more than 65,000 operating hours and over $300 million in conditional orders. Agility Robotics
TechCrunch - PrismML Hopes Its Tiny LLM Will Change How We All Use AI — PrismML compressed the 27-billion-parameter Qwen3.8 model to 5.9 GB, a roughly 9-10x memory reduction that the company says retains 98% of aggregate benchmark performance and could bring stronger reasoning to PCs and high-end phones. TechCrunch
Figure - Helix 2.5: Zero-Shot 30-Home Generalization — Figure says one Index-pretrained model completed tidying, towel-folding, and bed-making tasks across 30 unseen homes without local fine-tuning, raising zero-shot success from 9% to 56% while using half the task-specific data of a representative Helix 02 behavior. Figure
TechCrunch - Google, Nvidia, and Anthropic Want Emerald AI to Find Space on the Grid for More Data Centers — The new AI Energy Management Alliance will coordinate pauses and shifts in noncritical compute loads, arguing that demand response could unlock capacity for an additional 100 GW of data centers without relying on diesel backup generation. TechCrunch
TechCrunch - AI Labs Want In-House Auditors - but Maybe They Should Shut the Front Door First — Security experts argue that frontier-model safety needs basic containment first - strict permissions, network isolation, and comprehensive logs - because several agent incidents began with poorly configured sandboxes rather than failures that external audits alone could prevent. TechCrunch

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