June 2023

Stellantis has invested about one-third of its 300M euro fund into 10 startups

June 15, 2023

The corporate venture arm of automaker Stellantis has invested about one-third of its 300 million euro ($324M) fund into 10 startups that cover everything from battery technology and holographic augmented reality to sustainable manufacturing and even e-bikes. Stellantis Ventures said Wednesday it also invested in an unnamed venture capital firm’s mobility fund. Stellantis didn’t disclose […]

Stellantis has invested about one-third of its 300M euro fund into 10 startups by Kirsten Korosec originally published on TechCrunch

Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment

June 15, 2023

Kenyan automotive marketplace Peach Cars is announcing its $5 million seed round led by Japan-based The University of Tokyo Edge Capital Partners (UTEC) and other angel investors, including Shintaro Yamada (founder and CEO of Mercari), Peter Kenevan (VP, Head of Japan at PayPal), and Hiroaki Ohta (general partner at Japan’s Waseda University Ventures). The startup, […]

Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment by Tage Kene-Okafor originally published on TechCrunch

Don’t rush generative AI apps to market without tackling privacy risks, says UK watchdog

June 15, 2023

The UK’s data protection watchdog has fired its most explicit warning shot yet at generative AI developers — saying it expects them to address privacy risks before bringing their products to market. In a blog post trailing remarks the Information Commissioner’s Office’s (ICO) exec director of regulatory risk, Stephen Almond, will make at a conference later […]

Don’t rush generative AI apps to market without tackling privacy risks, says UK watchdog by Natasha Lomas originally published on TechCrunch

In the clash of the EV chargers, it’s Tesla vs. everyone else

June 15, 2023
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. I love a good rivalry story. In soda it’s Coke vs. Pepsi, in baseball it’s Yankees vs. Red Sox, and in EV fast chargers it’s Tesla vs. everyone else.  Fine, that last…

European startups still have a long way to go to achieve gender parity

June 15, 2023

According to a new study from Sista and the Boston Consulting Group, women are still underrepresented in the European tech ecosystem. Only 22% of startups created in 2022 included a woman in the founding team. And when you look at women-only founding team, that number drops to 10%. That means that, yes, 78% of European […]

European startups still have a long way to go to achieve gender parity by Romain Dillet originally published on TechCrunch

Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities

June 15, 2023

Clop, the ransomware gang responsible for exploiting a critical security vulnerability in a popular corporate file transfer tool, has begun listing victims of the mass-hacks, including a number of U.S. banks and universities. The Russia-linked ransomware gang has been exploiting the security flaw in MOVEit Transfer, a tool used by corporations and enterprises to share […]

Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities by Carly Page originally published on TechCrunch

How tactile graphics can help end image poverty

June 15, 2023
In 2020, in the midst of pandemic lockdown, my husband and I bought a house in Brooklyn and decided to reimagine and rebuild the interior.  We began talking through our ideas about how to arrange each detail, from an open kitchen to bathroom fixtures, but before long we realized that imprecise language was slowing us…

BYD is overtaking Tesla, but its EV dream skips the US for now

June 15, 2023

A Chinese electric vehicle brand that’s rarely spotted in the U.S. is quickly catching up to Tesla’s dominance of the global EV market. BYD, which started in Shenzhen 28 years ago, delivered 547,917 passenger EVs, including hybrids, a category it’s known for, in the first quarter of 2023. The tally surpassed that of Tesla, which […]

BYD is overtaking Tesla, but its EV dream skips the US for now by Rita Liao originally published on TechCrunch

Deepchecks snags $14M seed to continuously validate ML models

June 15, 2023

As companies increasingly rely on machine learning models, it’s imperative that they continuously check the models to make sure they are working as intended and that the data is valid, unbiased and not corrupted in any way. Deepchecks, an Israeli startup has come up with a solution to continuously test models from development through production. […]

Deepchecks snags $14M seed to continuously validate ML models by Ron Miller originally published on TechCrunch

An investor, an operator, and their plan to upskill Africa’s workforce

June 15, 2023

One out of three tech jobs globally are filled by necessary skilled labor, and according to the World Economic Forum (WEF), this is one of the biggest concerns of global business leaders. Over 50% of the organizations that these leaders manage, in a survey, say they have lost competitive advantage due to talent shortages. The […]

An investor, an operator, and their plan to upskill Africa’s workforce by Tage Kene-Okafor originally published on TechCrunch