In 2023, funds of funds (FoFs) are on track to raise the smallest amount of money this year in more than a decade. At the same time, muted venture deal activity has many firms ditching their follow-on funds. Despite these twin trends, a new emerging manager is looking to find success with a fund that […]
Level wants to back your fund — and your portfolio companies too by Rebecca Szkutak originally published on TechCrunch
Halo Car, a startup that uses remote operators to deliver rental cars to a customer’s door, has launched driverless operations in Las Vegas. Driverless operations mean something different for Halo than they do for autonomous vehicle companies like Cruise or Waymo because Halo’s vehicles aren’t capable of self-driving. The startup’s fleet is kitted out with […]
Halo Car launches remotely piloted rental car deliveries in Las Vegas by Rebecca Bellan originally published on TechCrunch
Sexual and mental health stigmatization in Africa has evolved over several decades to a point where negligence to address the issue has led to the continent topping the charts in sexually transmitted infections (STIs) and mental health cases. For one, around 11 people per 100,000 die by suicide in Africa yearly, according to the World […]
Lightspeed makes first investment in Africa, backing Ghana’s Berry Health by Tage Kene-Okafor originally published on TechCrunch
Meta made a remarkable claim in an announcement published today intended to give more clarity on its content recommendation algorithms. It’s preparing for behavior analysis systems “orders of magnitude” bigger than the biggest large language models out there, including ChatGPT and GPT-4. Is that really necessary? Every once in a while Meta decides to freshen […]
Meta expects recommendation models ‘orders of magnitude’ bigger than GPT-4. Why? by Devin Coldewey originally published on TechCrunch
B Garage, a San Jose-based startup building autonomous drones along with software to track warehouse inventory, said today that it has picked up $20 million in a Series A round of funding. New investor LB Investment led the Series A funding with participation from Ignite Innovation Fund, Krossroad Partners and existing backer SoftBank Ventures Asia. The […]
B Garage raises $20M for its warehouse inventory drones by Kate Park originally published on TechCrunch
In the industrial world, cement is about as omnipresent as materials get. But despite its clear and obvious utility, cement is responsible for some 8% of global CO2 emissions — if it was a country, it would be third biggest emitter globally, by some estimations. While cement’s ubiquity comes largely down to how easy it […]
Material Evolution raises $19M to decarbonise the cement industry by Paul Sawers originally published on TechCrunch
Self-driving truck developer TuSimple may sell its U.S. business, the company said in a regulatory filing Wednesday. TuSimple, which is on the verge of being delisted from the Nasdaq stock exchange for failing to file two quarterly reports, said it is exploring strategic alternatives for its U.S. business, including a possible sale. The company also […]
TuSimple may sell US business as it turns attention to Asia by Rebecca Bellan originally published on TechCrunch
