A New Breakthrough In the UAE Blockchain Venture Capital Space
Venom Ventures Fund (VVF) and Iceberg Capital have partnered to launch a $1-billion fund dedicated on blockchain investments
US AI Safety Institute could face big cuts
The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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January 2023
Self-driving truck startup Waabi brings on Volvo VC as strategic investor
Autonomous trucking startup Waabi has bagged Volvo Group Venture Capital AB, the automaker’s VC arm, as a strategic investor. The companies aren’t disclosing the amount invested, nor many other details about the deal, but having Volvo on board will both provide Waabi access to Volvo’s extensive industry network and help the startup explore opportunities for […]
Self-driving truck startup Waabi brings on Volvo VC as strategic investor by Rebecca Bellan originally published on TechCrunch
ThriveCart, which sells tools to build ecommerce carts, raises $35M
Often, first-time ecommerce entrepreneurs don’t know what they need to build an effective funnel and cart experience for their platforms. It’s not their fault; the problem’s challenging. According to one source, the average cart abandonment rate across all industries is 69.57%. That means roughly seven out of 10 shoppers won’t complete their transaction, leading to […]
ThriveCart, which sells tools to build ecommerce carts, raises $35M by Kyle Wiggers originally published on TechCrunch
SocialBoat Raises $200,000 From Plan B Capital
The funds will help SocialBoat scale its technology platform, strengthen its tech team, invest in brand building, and partner with health coaches at scale
Noon Energy brings Mars tech down to Earth with carbon-oxygen battery system
Noon Energy sucked in $28 million Series A to store excess wind and solar energy using reversible fuel cells powered by carbon dioxide.
Noon Energy brings Mars tech down to Earth with carbon-oxygen battery system by Tim De Chant originally published on TechCrunch
Why my bittersweet relationship with Shein had to end
China Report is MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. I’m a lot like everyone else these days, doing a bit of self-reflection at the beginning of the year. I’m a tech reporter, but I also use tech platforms for my personal life. And throughout…
Uber, Bolt drivers hope for increased earnings foiled as Tanzania reinstates 25% commission
Barely a year after Tanzania capped the commissions that e-hailing firms like Uber and Bolt charge their partners at 15%, the authority in charge has backtracked on the order, taking away drivers’ prospects of increased earnings. The fee was increased to 25% effective last Sunday after the Land and Transport Regulatory Authority (Latra) issued a […]
Uber, Bolt drivers hope for increased earnings foiled as Tanzania reinstates 25% commission by Annie Njanja originally published on TechCrunch
Good Meat approved to sell serum-free cultivated meat in Singapore
Good Meat announced today it has received regulatory approval from the Singapore Food Agency to use serum-free media for the production of its cultivated meat. The brand, which is the cultivated meat division of U.S.-based food startup Eat Just, says it is the only cultivated meat producer in the world with the ability to sell […]
Good Meat approved to sell serum-free cultivated meat in Singapore by Catherine Shu originally published on TechCrunch
Kate is a new car maker focused on micro-cars for everyday use
Meet Kate, a French company that wants to create a tiny car that you can use for your daily commute and various errands. In addition to CEO Matthias Goldenberg and CTO Pierre Escrieut, Kate is also co-founded by Thibaud Elzière, the serial entrepreneur behind Hexa, the startup studio formerly known as eFounders. While Kate is […]
Kate is a new car maker focused on micro-cars for everyday use by Romain Dillet originally published on TechCrunch
South Africa’s Flow gets funding to automate social media advertising for real estate agencies
The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. And it’s evident that proptech, unlike other industries, has lagged in utilizing social media to make sales. South African startup Flow wants to change how real estate agencies, developers and agents […]
South Africa’s Flow gets funding to automate social media advertising for real estate agencies by Tage Kene-Okafor originally published on TechCrunch