September 2023

How Low Will Stocks Go?

September 27, 2023
The Fed threw some gasoline on the stock sell off fire last week. With that stocks are exploring new lows with the 200 day moving average in play at 4,195…

Resourcify, a platform to digitize waste management, raises €14M

September 27, 2023
Resourcify, a waste management and recycling platform, today announced that it raised €14 million ~($14.94 million) in a Series A round led by Vorwerk Ventures with participation from Revent, Ananda Impact Ventures, Speedinvest, BonVenture and WEPA Ventures. It’s a win for Gary Lewis, Resourcify’s CEO, who joined forces with Felix Heinricy in 2018 to launch […]

Akamai launches new cloud computing regions in Asia, Europe and the Americas

September 27, 2023
Akamai today announced a major expansion of its cloud computing presence around the world. While you might still think of Akamai as a content delivery service, the acquisition of Linode a year ago clearly signaled its ambition to become a major cloud computing player (on top of its ambitions around cybersecurity). While it may not […]

Rayon is a collaborative design tool for architects and designers

September 27, 2023
When you think about collaborative design tools, chances are you immediately start thinking about Figma, the popular design tool that Adobe wants to acquire for $20 billion (by the way, that acquisition is still pending regulatory approval). A relatively new French startup called Rayon wants to apply the Figma formula to another sector — the […]

The surprising leader in Europe’s EVs

September 27, 2023
These days, few Chinese tech sectors have received more fame and attention than electric vehicles. With domestic EV adoption rising aggressively every year, Chinese EV companies are the stars of auto shows from Shanghai to Munich, and they are drawing up big plans to replicate their success far from home. (Back in February, I wrote…

QED and Partech back South African payment orchestration platform Revio in $5.2M seed

September 27, 2023
The payment landscape in Africa is still fragmented, with several payment operators providing different payment options to customers as well as businesses. Due to this fragmentation, payment failures are inevitable due to factors such as invalid cards, inactive accounts and high dispute rates. One of the few startups working on payment orchestration to address this […]

New research: Vast majority of VC-backed UK startups do *nothing* on climate emissions

September 27, 2023
Some 76% of the top 500 VC-backed UK startups have done nothing to either measure or offset their carbon emissions, according to new research shared exclusively with TechCrunch. In total, these companies have raised $40 billion in VC funding. Furthermore, of the VCs looked at, the highest only scored 37 out of a possible 100 […]

Google launches earthquake alerts on Android in India

September 27, 2023
Google has announced the launch of its earthquake alert system for Android devices in India. The system uses smartphone sensors such as accelerators, which can act as small seismometers and detect tremors. The company on Wednesday said the system, developed with consultation from the National Disaster Management Authority (NDMA) and the National Seismology Center (NSC), […]

The writers strike is over: here’s how AI negotiations shook out

September 27, 2023
After almost five months, the Writers Guild of America (WGA) has reached an agreement with Hollywood studios to end the writers strike. Starting Wednesday, writers will be able to resume work under the conditions established by their new contract. During the historic strike, AI emerged as a key point of contention between the writers and […]