Lia Thomas becomes the first trans athlete to win the NCAA Division I title

Saturday Night Live comedian Pete Davidson will not be going into space on Blue Origin’s next flight, the company announced late Thursday.

The University of Pennsylvania’s Lia Thomas became the first transgender athlete to win an NCAA Division I title after placing first in the women’s 500-yard freestyle championship, ESPN reports.

The world’s second-oldest profession — overseas shipping — is getting smarter: Nautilus Labs raised $34 million in a Series B run to support its AI platform for the shipping industry.

Hundreds of people are still trapped under a theater in Mariupol, Ukraine, used as civilian shelter before it was bombed by Russian forces earlier this week, Ukrainian President Volodymyr Zelenskyy said in a televised address on Friday.

Cross River Bank is about to raise $600 million in new funding, led by Andreessen Horowitz and Eldridge Industries, with a valuation of more than $3 billion, according to Bloomberg.

The newest: Blue Origin pushed back the launch date by six days to March 29th said in a tweet that “Pete Davidson is no longer able to join the NS-20 crew on this mission.”

Game Status: Thomas finished the race in 4:33.24 followed by Emma Weyant who had a time of 4:34.99. Erica Sullivan was third in 4:35.92.

Why it matters: Nautilus’ tool promises to reduce shippers’ costs by reducing fuel consumption, improving planning and, last but not least, reducing emissions.

The newest: As of Friday, 130 people had been rescued from the destroyed building, according to Lyudmyla Denisova, Ukraine’s top human rights officer. That would represent only a small fraction of the more than 1,000 people, including children, who city officials said were in shelters beneath the theater at the time of the strike.

  • According to the report, T. Rowe Price and Whale Rock Capital Management are also involved.

Details: The round was led by both M12 – Microsoft’s venture fund – and the Microsoft Climate Innovation Fund, marking the first time the two funds had invested together.

  • The company announced earlier this week that Davidson will be on its mission on March 23, its fourth flight into space with human passengers.
  • Thomas finished about nine seconds behind Olympian Katie Ledecky’s time of 4:24.06.
  • Other investors included NSS Advisors, Systemiq Capital, Root Ventures, Quiet Capital, TMV and Amplifier.
  • Officials also said earlier this week that rescue operations have been complicated by near-constant attacks on the city by Russian forces.

Why it matters: The deal shows that the same investors who are pouring money into the crypto and fintech sectors see growth opportunities in a traditional bank serving them.

  • The company said it will soon announce a replacement crew member who will join Marty Allen, husband and wife team Sharon and Marc Hagle, Jim Kitchen and George Nield on the rocket.

What she says: “I didn’t have high expectations for this meeting,” Thomas said after Thursday night’s race, per the AP. “I was just happy to be here and racing and competing as best I could.”

What’s happening: The Voyage Optimization platform allows shipping companies and ports to better coordinate and ship operators to adjust their plans based on weather, port congestion and other factors.

What you say: “Hundreds of Mariupol residents are still lying under the rubble. Despite the shelling, despite all the difficulties, we will continue rescue work,” Zelenskyy said during the speech, according to a translation of Reuters.

What it does: Cross River operates as a licensed regional savings and loan bank with only one branch in Teaneck, NJ

  • Those who have flown into space on Blue Origin include Bezos himself; his brother Mark; Actor William Shatner and TV personality and journalist Michael Strahan.

Remarkable: Thomas declined to attend the NCAA-mandated post-race press conference, saying she tries to “block out” distractions and “focus on my swim, which is what I need to do to prepare for my races.” via ESPN.

  • Ships tend to traverse the seas at the fastest optimal speed, so even when “slow steaming” at low speeds to save fuel, they often linger in port until a berth opens.

days before the bombing Maxar Technologies captured the Donetsk Regional Drama Theater in the port city of Mariupol in a satellite image that showed the word “children” in Russian script in large white letters in front of and behind the theater.

  • But like many community banks, Cross River has built a lucrative business by expanding its banking, payments, and lending capabilities to a number of fast-growing fintechs.
  • Blue Origin has flown a total of 14 passengers into space since its first flight with human passengers in July 2021.
  • Thomas could potentially be sued by the NCAA Swimming and Diving Championships committee for skipping, the AP reports.
  • These normal delays have been exacerbated by port restrictions that have resulted in huge lines at ports around the world and shippers trying to take advantage of sky-high freight prices.
  • The distinctive red-roofed theater is also relatively distant from other buildings in a park.
  • The company says it has issued more than $55 billion in loans since its inception in 2008, and ranks Coinbase, Affirm, Stripe, Upstart, and Rocket Loans among just a few of the fintech partners it has signed.

How it works: The New Shepard space system is designed to carry passengers about 62 miles above Earth’s surface.

Catch up fast: The NCAA paved the way for Thomas to compete at Nationals last month after saying it would not change its policy on trans swimmer eligibility requirements.

Using the numbers: Seagoing vessels are responsible for 3% of global greenhouse gas emissions.

The big picture: Russian forces have been besieging and indiscriminately bombing civilian buildings – including a children’s hospital – in Mariupol for several days, leading to shortages of food, water and medicines.

Flashback: This isn’t the first time Cross River has raised venture capital: In 2018, it raised $100 million in a KKR-led round with participation from CreditEase, LionTree Partners, Ribbit Capital, Battery Ventures and Andreessen Horowitz.

  • Passengers experience a few minutes of weightlessness before the capsule returns to earth on parachutes.
  • The agency allows the governing body of each sport to decide on the eligibility requirements.
  • Those emissions and air pollution have increased — in places like the Port of Los Angeles, air pollution has even doubled — as ships have reportedly traveled 22% faster to reach the port, only to find themselves idling offshore for days.
  • The International Committee of the Red Cross said Sunday the city, which was once home to around 430,000 people, faces a “worst-case scenario” if humanitarian corridors cannot be opened.

Remarkable: Cross River differs from other rent-a-charter community banks in two key ways:

go deeper: Blue Origin launches William Shatner and 3 others into space

  • USA Swimming says trans women must maintain testosterone levels below 5 nanomoles per liter for at least 36 months to compete.
  • Nautilus says its platform can help truckers cut their fuel consumption by nearly a third — about $50 billion in fuel, or 1% of emissions.

go deeper: Russia attacks an aircraft factory in Lviv, shaking the city’s relative peace

  • First, it’s built a tech stack that isn’t as dependent on third-party banking-as-a-service or treasury services to buck its affiliates.

Editor’s Note: This article has been continuously updated with new details.

Between the lines: There is no evidence that higher testosterone levels give athletes an unfair advantage.

What you say: “We’ve seen over 12% fuel savings just because we gave people more predictable confidence in managing a trip,” said CEO Matt Heider says Axios. “Those ships didn’t have to be there because there’s nothing to do but wait. And I can guarantee you that every single ship anchored there could have gone just as slowly.”

  • Second, while many rent-a-charters focus primarily on banking and payment services, Cross River has focused on lending, which is a more profitable business.

What we observe: Thomas is scheduled to compete in the 200-yard freestyle on Friday and the 100-yard freestyle on Saturday.

Alan Neuhauser will be co-author of the Axios Pro Climate Deals newsletter. Join the waiting list now.

go deeper: Trans elite athletes denounce youth sports bans

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