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Illustration: Aïda Amer/Axios

Evolv Technology, a Waltham, Mass.-based developer of weapons screening systems for large crowds, raised $30 million in Series C funding from such backers as Jeb Bush and Bill Gates.

Why it matters: We live in the age of mass shootings, in which attending school or a concert is potentially fatal. Evolv is an alternative to traditional, "one-person-at-a-time" metal detectors, able to simultaneously screen large flows of people, including at Lincoln Center and select schools in Spartanburg, South Carolina.

  • Jeb Bush? Yup, he has a new merchant banking firm called Finback Investment Partners, and Evolv is its first deal. Bush's partner, George Huber, says Finback was formed late last year, as a successor to Dock Square Capital (i.e., similar model, slightly different team).
  • Return backers include Gates, DCVC, General Catalyst Partners, Lux Capital, and SineWave Ventures.

The bottom line: "We're in the Biltmore, a high-end hotel in North Carolina, which doesn't allow guns even though North Carolina is an open-carry state. So [the hotel] is able to monitor incoming weapons without putting guests through obtrusive metal detectors, and ask those who do have guns to please go back out and put them in their car. In the first year our system was installed, that happened around 1,500 times." — Peter George, Evolv CEO

Go deeper: New research encourages CEOs to take a tougher stance on gun control

Go deeper

Ben Geman, author of Generate
25 mins ago - Energy & Environment

Report: John Kerry plans to visit China ahead of Biden's climate summit

John Kerry. Photo: Zach Gibson / Stringer

John Kerry, President Biden's special climate envoy, is expected to travel to China next week for meetings with officials aimed at boosting collaboration, the Washington Post reported Saturday.

Why it matters: China is the world's largest carbon dioxide emitter and the U.S. is second-largest.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Health: Coronavirus cases hold steady at 65,000 per day — CDC declares racism "a serious public health threat" — WHO official: Brazil is dealing with "raging inferno" of a COVID outbreak
  2. Vaccines: America may be close to hitting a vaccine wall — Pfizer asks FDA to expand COVID vaccine authorization to adolescents — CDC says Johnson & Johnson vaccine supply will drop 80% next week.
  3. Economy: Treasury says over 156 million stimulus payments sent out since March — More government spending expected as IMF projects 6% global GDP growth.
  4. Politics: Supreme Court ends California's coronavirus restrictions on home religious meetings
  5. Variant tracker: Where different strains are spreading.

Second senior Matt Gaetz aide resigns amid federal investigation

Rep. Matt Gaetz (R-Fla.) walking out of the Capitol in January 2021. Photo: Stefani Reynolds/Bloomberg via Getty Images

Devin Murphy, Rep. Matt Gaetz's legislative director, has stepped down amid a federal investigation into sex trafficking allegations against the Florida Republican congressman, the New York Times first reported and Axios has confirmed.

The latest: "It's been real," Murphy wrote in an email, obtained by Axios, to Republican legislative directors on Saturday morning, with the subject line: "Well...bye."