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Over the past year, venture backers have poured close to $3 billion into good-sized rounds for marine-related startups in sectors ranging from defense tech to clean energy, per Crunchbase data.
From January through August, U.S. tech layoffs reached at least 94,046, up 16.8% from 80,486 in the same period of 2025. Interestingly, and unsurprisingly, many of the cuts came as tech companies redirected spending toward AI and restructured operations to reduce costs.
In an interview with Crunchbase News, Van Espahbodi, general parter at Generational Partners, discusses how AI is changing hardware economics, why software investors are rushing into industrial technology, and what he believes many of them misunderstand about the sector.
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