December 2023

Metafuels lands $8 million bet on greener skies ahead

December 13, 2023

Metafuels sets out to change the landscape of sustainable jet fuel, and has just picked up an $8 million suitcase from baggage carousel 3 at its local ZRH. Ahh, Zurich. The company is making the sky green — literally — with its new fuel, which it calls aerobrew. Sure, it sounds a little like a […]

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Procurement software startup Pivot raises $21.6 million just a few months after its creation

December 13, 2023

French startup Pivot is an interesting startup story as it is scaling at a rapid pace even though startup investments are down in Europe. After raising a $5.3 million pre-seed round in April (€5 million), the company worked on the first iteration of its procurement tool over the summer. In September, Pivot started selling its […]

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Meta aims to brings its fact-checking program to Threads next year

December 13, 2023

With two large-scale elections in the U.S. in India next year, Threads aims to introduce a fact-checking checking program to the social network. Instagram head Adam Mosseri said that the social platform currently matches ratings from Facebook or Instagram to similar content. But next year fact-checkers will have tools to review posts. “We currently match […]

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Startup studio Hexa wants to partner with startups growing too slowly

December 13, 2023

Just a couple of weeks after announcing $22 million in fundraising, Paris-based startup studio Hexa is expanding beyond its studio model to partner with later stage companies that have already found product-market fit. Called Hexa Scale, with this program, the startup studio is looking for B2B companies that already generate some significant recurring revenue (ideally […]

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British International Investment backs India’s Aye Finance in $37M funding

December 13, 2023

Aye Finance, an Indian startup that offers its digital lending platform to small firms, has raised $37.18 million in a fresh funding round led by British International Investment, as it looks to continue to help micro enterprises grow their businesses and employees expand their incomes. The Series F round, which takes Aye’s total fundraising to […]

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Two former Department of Energy staffers warn we’re doing carbon removal all wrong

December 13, 2023
The carbon removal industry is just starting to take off, but some experts are warning that it’s already headed in the wrong direction. Two former staffers of the US agency responsible for advancing the technology argue that the profit-driven industry’s focus on cleaning up corporate emissions will come at the expense of helping to pull…

FCC issues final denial of $885M Starlink subsidy

December 12, 2023

The FCC has made a final denial of Starlink’s application for $885 million in public funds to expand its orbital communications infrastructure to cover parts of rural America, saying the company “failed to demonstrate that it could deliver the promised service.” As previously reported, the money in question was part of the Rural Digital Opportunity […]

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Feds want anti drunk-driving tech in cars. Here’s what stands in the way.

December 12, 2023

The in-car tech used by the likes of Ford and GM to make sure drivers pay attention to the road has come a long way. But it’s just not ready to help prevent or mitigate the damage done by drunk driving, according to the National Highway Traffic Safety Administration. That assessment is threaded throughout a […]

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