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Kenya’s first fully electric taxi service, NopeaRide, is exiting the market after its parent company EkoRent OY failed to raise additional funding to keep it afloat. In a statement, NopeaRide said EkoRent Africa, the local subsidiary of the Finnish company, has filed for insolvency in Kenya, bringing to an end the operations of the all-electric […]

NopeaRide, Kenya’s first EV taxi service, shuts down by Annie Njanja originally published on TechCrunch

Earlier today, renowned VC Bill Gurley put together a list of the many “red flags” that VCs should have paid closer attention to when funding FTX, suggesting in a tweet that this summary of warning signs might help keep VCs “out of the investor hurt locker” going forward. Gurley includes such no-nos as “unique financial […]

It’s a little late to be talking about red flags in venture investing? by Connie Loizos originally published on TechCrunch

The last few years have been a major accelerator for the robotics industry at large, but warehouse robotics may be the biggest winner of all. Stay at home orders fueled adoption in the early days of the pandemic, as some retailers stayed open after being labeled “essential businesses.” Even after things began reopening, those roles […]

Locus raises another $117M for its warehouse robots by Brian Heater originally published on TechCrunch

If your favorite music festival’s lineup didn’t live up to your expectations this year, don’t worry; a new app called Instafest will create a music festival poster for you based on your Spotify listening habits. The free web app, created by developer Anshay Saboo, is pretty straightforward to use: sign in with your Spotify account, […]

Instafest app lets you create your own festival lineup from Spotify by Ivan Mehta originally published on TechCrunch

At its traditional evening keynote at re:Invent, AWS tonight announced quite a bit of new hardware in its cloud, starting with a new version of its Nitro hypervisor, new instance types, and a new version of its custom Arm-based Graviton chips which was specifically designed for powering high-performance computing workloads. This new Graviton3E chip — […]

AWS launches Graviton3E, its new Arm-based chip for HPC workloads by Frederic Lardinois originally published on TechCrunch