Software company Guidewire announced Tuesday that it was buying UK agentic underwriting startup Hyperexponential for $1.7 billion in cash.
The manufacturing accelerator bills itself as “America’s answer to Shenzhen.”
Disruptive has made headlines in recent years for pouring money into companies like chip startup Groq and the AI voice-generation startup ElevenLabs.
“It’s causing a lot of people to run who I don’t want to be running,” native Californian Palmer Luckey said. “But I’m planning on staying in California. I’m going to keep fighting it.”
Anduril founder Palmer Luckey is vowing to bring computer manufacturing back to the U.S. and by that he doesn’t just mean assembly, but every individual component, some of which are exclusively made in China today.
Turns out selling to big companies isn’t about having the shiniest tech: it’s about hitching a ride on a giant’s sales team.
At TechCrunch Disrupt last week, two founders and a VC discussed how to not just gain an early following but keep one.