Others

Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation

April 4, 2023

LayerZero Labs, a web3 messaging protocol, has closed a $120 million Series B round, raising its valuation to $3 billion from $1 billion, the company said on Tuesday. Unlike Web 2.0 messaging platforms like WhatsApp and Telegram, this messaging protocol lets users send different types of messages between blockchains, like cross-chain interactions, eliminating the need […]

Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation by Jacquelyn Melinek originally published on TechCrunch

Satellite bus startup Apex Space plans first launch aboard SpaceX’s Transporter-10

April 4, 2023

Los Angeles-based startup Apex Space will launch its first satellite bus next January, part of its bet that spacecraft mass manufacturing will enable humanity’s greater expansion into the cosmos. The company will launch its Aries spacecraft, which will be equipped with multiple customer payloads, on board SpaceX’s Transporter-10 rideshare mission. Aries, the first in a […]

Satellite bus startup Apex Space plans first launch aboard SpaceX’s Transporter-10 by Aria Alamalhodaei originally published on TechCrunch

TikTok hit with $15.7M UK fine for misusing children’s data

April 4, 2023

TikTok has been issued with a fine of £12.7 million (~$15.7M) for breaching UK data protection law, including rules intended to protect children. The privacy watchdog, the Information Commissioner’s Office (ICO), announced today that it found the video sharing site “did not do enough” to check who was using their platform and failed to take […]

TikTok hit with $15.7M UK fine for misusing children’s data by Natasha Lomas originally published on TechCrunch

Everstream, which applies big data to supply chain management, raises $50M

April 4, 2023

Just short of a year after raising $24 million from backers including DHL, Everstream Analytics, a company that provides predictive insights for physical supply chains, has secured a fresh round of funding. Everstream today announced that it raised $50 million in a Series B round led by Morgan Stanley’s 1GT Fund with participation from StepStone […]

Everstream, which applies big data to supply chain management, raises $50M by Kyle Wiggers originally published on TechCrunch

Strivacity, which helps companies build secure login flows, nabs $20M

April 4, 2023

Identity and access security issues are increasingly top of mind for companies. According to a recent Verizon survey, 61% of all breaches now involve credentials — whether they be stolen via social engineering or hacked using brute force. It’s frustrating for users, too; a NordPass poll found that eight out of ten people find password […]

Strivacity, which helps companies build secure login flows, nabs $20M by Kyle Wiggers originally published on TechCrunch

DFC invests $25M in Novastar’s Africa People + Planet Fund

April 4, 2023

The U.S International Development Finance Corporation (DFC) has made equity investment to the tune of $25 million in a new fund by Pan-African venture capital firm Novastar Ventures, to back founders building agriculture and climate solutions. The DFC revealed details of the transaction, and Novastar’s new investment vehicle, the Africa People + Planet Fund, during […]

DFC invests $25M in Novastar’s Africa People + Planet Fund by Annie Njanja originally published on TechCrunch