Technology

It’s 2023, and we’re years past the peak of monster fundraising for on-demand transportation and delivery startups locked in highly competitive races with each other to dominate urban consumer mobility. But with many of the biggest and most tenacious players still in the market, those rounds have not disappeared altogether. Today, Cabify — the Madrid-based platform […]

Cabify, the Madrid-based Uber rival, says it’s raised $110M in new funding by Ingrid Lunden originally published on TechCrunch

Apple’s new app for classical music, Apple Music Classical, is available for download to everyone. The app is free for everyone, but you need an Apple Music subscription. Notably, it is not available in countries like China, Japan, Korea, Russia, Taiwan and Turkey. The company said that there are more than 5 million tracks available […]

Apple Music Classical is now available for download to everyone by Ivan Mehta originally published on TechCrunch

Fez Delivery, a Lagos-based last-mile logistics startup with hubs across Nigeria, has raised $1 million led by pan-African investor Ventures Platform with participation from Voltron Capital, Acasia Ventures and other angel investors.  CEO Seun Alley, in a statement, said the company plans to use the seed investment to deepen its work in Nigeria (which has […]

Techstars-backed Fez Delivery gets funding to scale its last-mile logistics platform by Tage Kene-Okafor originally published on TechCrunch

Concrete. Ubiquitous. A mainstay of the construction industry — over 10 billion cubic meters of concrete are used every year. And also responsible for up to 8% of CO2 emissions — one ton of ordinary Portland cement creates somewhere between 800 and 900 kilograms of CO2 emissions. Finnish startup Carbonaide has just raised €1.8 million (~$1.9 […]

When life gives you carbon, make Carbonaide by Haje Jan Kamps originally published on TechCrunch

Early-stage investments inherently have a higher risk of failing, but these risks also come with potentially higher rewards — getting in at the ground floor of a startup’s journey gives VCs more negotiation clout. This is particularly true at the very early pre-seed stage, where companies might barely have a functioning product to shout about. […]

‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups by Paul Sawers originally published on TechCrunch

Walt Disney Co. has eliminated its metaverse division as part of staff cuts that promise to reduce head count by around 7,000 across the company over the next two months, reports The Wall Street Journal. CEO Bob Iger said Monday that those layoffs would begin this week. Disney’s next-generation storytelling and consumer experiences unit, the […]

Disney cuts metaverse division as part of broader restructuring by Rebecca Bellan originally published on TechCrunch

Tesla is bringing back its referral program to Europe, a strategy that taps into the brand loyalty of customers as it seeks to preserve market share and boost sales before the first quarter of 2023 closes. The referral program follows Tesla’s move to reduce prices in a variety of markets, including Europe, China and North […]

Tesla brings back European referral program as end of Q1 nears by Rebecca Bellan originally published on TechCrunch