Technology

VCs continue to bet big on legal tech. According to Crunchbase, firms have invested over $1 billion in legal tech companies, an uptick from the $512 million invested last year. Contract management vendors have benefitted in particular as contracting workloads increase; contracting teams at large organizations now manage an average of 19,000 contracts a year […]

LexCheck raises $17M to automate common contracting processes by Kyle Wiggers originally published on TechCrunch

Technological advances are transforming everything from transportation and manufacturing to financial services and healthcare. These advances make digital transformation imperative for organizations to adapt to shifting marketplace realities. Nine out of 10 executives surveyed by Accenture see accelerating digital transformation as essential to success. “Digital transformation is redefining how companies operate across all areas of…

The World Bank Group has a massive mission to “help developing countries escape poverty and share prosperity,” says Vijay Yellai, program manager for enterprise resource planning transformation at the World Bank Group. For example, it provides an wide array of financial products and technical know-how in a complex and ever-changing global setting. Therefore, for an…

EnCharge AI, a company building hardware to accelerate AI processing at the edge, today emerged from stealth with $21.7 million in Series A funding led by Anzu Partners, with participation from AlleyCorp, Scout Ventures, Silicon Catalyst Angels, Schams Ventures, E14 Fund and Alumni Ventures. Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said […]

EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware by Kyle Wiggers originally published on TechCrunch

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. What fusion’s breakthrough means for clean energy The news: After decades of trying, scientists have reached a milestone in fusion research, finally running a reaction that created more energy than was put in…

China Report is MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. The big news in China this week is how the country is reacting to a surge of coronavirus infections as it abandons most of its zero-covid measures. There are spiking infections in Beijing, fever relief…

John’s life changed forever when he broke up with his girlfriend. The breakup sent him into a downward spiral, and led to his first depressive episode when he was 27 years old. “At first it’s just extreme sadness … then you start losing sleep,” says John (not his real name), who spoke on condition of…

UNESCO calls water pollution one of the main challenges facing societies, with 2 million tonnes of sewage entering the world’s water each day. Oxyle wants to help solve the crisis with a new wastewater treatment that removes micropollutants. The Zurich-based startup announced today $3 million in pre-seed funding that it will use to bring its […]

Oxyle’s tech uses water movement to remove pollutants by Catherine Shu originally published on TechCrunch

Defense technology continues to get a lot of attention from investors, and today, one of the bigger startups in the space is announcing more funding. Shield AI — which develops platforms and planes for autonomous flying systems, targeting the U.S. military and its allies as customers — has raised $60 million in funding, money that […]

Shield AI raises another $60M at a $2.3B valuation for its military autonomous flying tech by Ingrid Lunden originally published on TechCrunch