Satellite sensors collect an incredible amount of raw data, but on-orbit compute limitations mean that operators have little way to process this data in space. Aethero, a startup founded 13 months ago, wants to change that. The startup is developing radiation-hardened edge computers for on-orbit data processing and eventually even autonomous decision-making. “Right now pre-processing […]
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Even though NFT sales volume is still down 88% from 2022 all time-highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT marketplace focused on user retention. And it’s doing it on a blockchain less known for NFT trading: Sei. Co-founders Kelvin Wang and Davy Li have convinced investors that there’s […]
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There is perhaps no bigger jump for a startup to make than from the incubatory seed stage to its Series A round. Given how large a step-up landing a Series A can be, there are many guidelines out there. But most seem to be a little outdated in today’s market. The venerable rule that a […]
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The European Union has opened its third formal investigation of a very large platform under the Digital Services Act (DSA), with China’s AliExpress earning itself the dubious honor of being the first online marketplace to face formal probe by the Commission. The DSA is the bloc’s rebooted ecommerce rules which demand risk assessments and mitigations […]
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Proton Mail, the end-to-end encrypted (E2EE) email service from Swiss company Proton, is now officially available via a dedicated desktop app some three months after debuting in beta. However, despite previous claims that the client would be available to all Proton Mail users in early 2024, the company has decided to restrict it to paying […]
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A startup out of Paris that began life building marketing tools has raised $22 million after making a successful pivot into billing — a space it discovered was even more broken among potential customers. Lago, developer of an open-source billing platform, has picked up the funding across two rounds of funding it’s revealing to coincide […]
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Save for fintech and cleantech, B2B e-commerce and retail was the leading destination for venture capital dollars over the last five years. The premise of digitizing the continent’s mom-and-pop convenience stores and offering various solutions to streamline logistics and procurement processes saw hundreds of millions of dollars flood the segment, particularly during the venture capital […]
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Youverify, a Nigerian provider of identity verification and anti-money laundering (AML) solutions for banks and startups, secured a $2.5 million investment from Elm, which specializes in offering ready-made and customized digital solutions to public and private institutions in Saudi Arabia. The pre-Series A investment from Elm also includes a strategic partnership to help Youverify streamline […]
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