November 2022

Delhivery hits all-time low, market cap falls below 2021 private valuation

November 23, 2022

Shares of Delhivery hit an all-time low of 317 Indian rupees ($3.88) Wednesday, cutting its market cap to $2.8 billion, falling below the valuation at which it raised capital from private investors in 2021, as the Indian logistics firm grapples with the aftermath of a bulk deal sale and muted growth report. Shares of the […]

Delhivery hits all-time low, market cap falls below 2021 private valuation by Manish Singh originally published on TechCrunch

More headaches for Apple in China as protests erupt at Foxconn

November 23, 2022

Two weeks after Apple warned of production delays in China amid heightened COVID-19 restrictions, the giant is facing more challenges as worker protests broke out at its largest manufacturing partner Foxconn. Hundreds of workers at the world’s largest iPhone plant in central China clashed with the police, according to videos shared over the last few […]

More headaches for Apple in China as protests erupt at Foxconn by Rita Liao originally published on TechCrunch

Tanzania’s YC alum Ramani raises $32M to digitize CPG supply chains, lend resellers

November 23, 2022

Ramani, a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains, plans to introduce new financial services as it expands its operations in the East African country after raising $32 million in Series A debt-equity funding. The latest round, which follows an undisclosed seed funding round last year, was led by Flexcap Ventures, and Jared […]

Tanzania’s YC alum Ramani raises $32M to digitize CPG supply chains, lend resellers by Annie Njanja originally published on TechCrunch

Sequoia India’s Surge backs healthtech startup RedBrick AI in $4.6M funding

November 23, 2022

Healthtech startup RedBrick AI has raised $4.6 million in a funding round led by Sequoia India and Southeast Asia’s Surge as it plans to expand the market for its medical imagery annotations solution. Artificial intelligence has become ubiquitous in clinical diagnosis. But researchers need much of their initial time preparing data for training AI systems. […]

Sequoia India’s Surge backs healthtech startup RedBrick AI in $4.6M funding by Jagmeet Singh originally published on TechCrunch

Ukio, a premium apartment rental platform for Europe’s ‘flexible workforce’, raises $28M

November 23, 2022

Ukio, a short-term furnished apartment rental platform aimed at the “flexible workforce,” has raised €27 million ($28 million) in a Series A round of funding. The cash injection constitutes €17 million in equity and €10 million in debt, and follows some 14 months after the Spanish company announced a €9 million seed round of funding. […]

Ukio, a premium apartment rental platform for Europe’s ‘flexible workforce’, raises $28M by Paul Sawers originally published on TechCrunch

Ronna learn some new metric prefixes? They’re quetta upgrade

November 22, 2022

We may still be a ways from worrying how many yottabytes your computer can hold, but the international standards community has added two new prefixes for even bigger numbers than that — ronna for 1027 and quetta for 1030. At a conference in Paris last week, representatives from numerous governments got together to vote on […]

Ronna learn some new metric prefixes? They’re quetta upgrade by Devin Coldewey originally published on TechCrunch

HyperloopTT’s SPAC public debut may be going nowhere fast

November 22, 2022

Hyperloop Transportation Technologies (HyperloopTT) has entered into a definitive merger agreement with special purpose acquisition company (SPAC) Forest Road Acquisition Corp. II, which is led by former Disney executives Tom Staggs and Kevin Mayer. The combined company will list shares at a pre-money valuation of $600 million. In theory, hyperloop technology is a vacuum tube-based […]

HyperloopTT’s SPAC public debut may be going nowhere fast by Rebecca Bellan originally published on TechCrunch

Apple TV+ series ‘Severance’ gets exclusive ‘innie’ and ‘outie’ vinyl records

November 22, 2022

Fans of Apple TV+’s popular sci-fi workplace drama, “Severance,” can have their very own Lumon music-dance experience—maracas not included. Starting Wednesday, November 23, online store Mondo will have exclusive “Severance” vinyl records on sale, which contain the official soundtrack, artwork, themed packaging, and other bonus merch. Like in the show, Mondo created two variations of […]

Apple TV+ series ‘Severance’ gets exclusive ‘innie’ and ‘outie’ vinyl records by Lauren Forristal originally published on TechCrunch