Technology

Cloud camera security startup Solink raises $60M

July 25, 2023
Solink, a company that provides physical security systems for businesses, including closed-circuit camera analytics, today announced that it raised $60 million in a Series C round led by Goldman Sachs with participation from Omers Ventures and BDC IT Ventures. Co-founder and CEO Michael Matta said the cash will be put toward growing Solink’s client base […]

Atomos Space books launch to demonstrate rendezvous, docking and refueling in-orbit

July 25, 2023
In-space logistics startup Atomos Space will launch its first demonstration mission on SpaceX’s Transporter-10 in the first quarter of 2024, as the company looks to gain an early foothold in the emerging market for orbital transfer services. The five-year old company will send up two spacecraft, an orbital transfer vehicle (OTV) called Quark and a […]

Wayfair’s new app uses generative AI to transform your space

July 25, 2023
Generative AI is good for more than marketing copy and anime-style avatars — or so Wayfair wants you to think. Today, Wayfair launched a new app with a cutesy name, Decorify, that lets customers create “shoppable,” “photorealistic” images of rooms in their homes or apartments in new styles. After uploading a picture of the space […]

It’s high time for more AI transparency

July 25, 2023
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. That was fast. In less than a week since Meta launched its AI model, LLaMA 2, startups and researchers have already used it to develop a chatbot and an AI assistant. It will be only a matter…

African governments are collaborating with innovators to strengthen local health supply chains

July 25, 2023
Last year, global healthcare consulting firm Salient Advisory surveyed more than 80 companies across four African countries for a report emphasizing the growth of startups digitizing the continent’s health supply chain and distribution and regulatory frameworks governing e-pharmacy activities. This time, the firm went deeper into Africa’s health supply chain segment, broadening the scope of […]

Blow for Flutterwave as Kenyan court declines request to withdraw case

July 24, 2023
Plans by Kenya’s Assets Recovery Agency (ARA) to withdraw its second case against African fintech giant Flutterwave have been shot down by the country’s third highest court, the High Court. The agency had in August last year frozen $3 million belonging to Flutterwave, Hupesi Solutions, and Adguru Technology Limited on suspicion of money laundering and […]

Elon Musk and Mark Zuckerberg should cage fight over whose rebrand is worse

July 24, 2023
Elon Musk is the best thing that could have ever happened to Mark Zuckerberg. As Musk begins to change Twitter’s branding to X, Facebook’s rebrand to Meta doesn’t seem all that bad. Zuckerberg might be good at lifting weights these days, but he still needs to pull Meta out from a seriously rough few years. […]