Technology

Aztec Network takes on encrypted blockchains with $100M round led by a16z

December 15, 2022

Aztec Network, a privacy layer for web3, has raised $100 million in a Series B round led by Andreessen Horowitz (a16z), the startup’s co-founders Zac Williamson and Joe Andrews exclusively told TechCrunch. “At a high level, Aztec is an encrypted version of Ethereum,” Andrews said. “Normally on Ethereum everything is public, but we are making […]

Aztec Network takes on encrypted blockchains with $100M round led by a16z by Jacquelyn Melinek originally published on TechCrunch

Spotify’s grand plan to monetize its open source Backstage project via premium plugins

December 15, 2022

With nearly a third of the global music-streaming market share, Spotify needs little in the way of introduction. Some 456 million people consume music, podcasts and audiobooks through Spotify each month, 42% of which pay a monthly fee while the rest are subjected to advertisements. Indeed, ads and subscriptions have been the cornerstone of Spotify’s […]

Spotify’s grand plan to monetize its open source Backstage project via premium plugins by Paul Sawers originally published on TechCrunch

A stealth effort to bury wood for carbon removal has just raised millions

December 15, 2022
A California startup is pursuing a novel, if simple, plan for ensuring that dead trees keep carbon dioxide out of the atmosphere for thousands of years: burying their remains underground. Kodama Systems, a forest management company based in the Sierra Nevada foothills town of Sonora, has been operating in stealth mode since it was founded…

The Women Taking Over the Blockchain Industry

December 15, 2022
They started as an innovation management company enabling web3 adoption in India. With the opportunity to promote and increase awareness of blockchain technology at the grassroots level, they organised, facilitated, and conducted over 45+ hackathons and accelerator programs.

Protect AI lands a $13.5M investment to harden AI projects from attack

December 15, 2022

Seeking to bring greater security to AI systems, Protect AI today raised $13.5 million in a seed-funding round co-led by Acrew Capital and Boldstart Ventures with participation from Knollwood Capital, Pelion Ventures and Aviso Ventures. Ian Swanson, the co-founder and CEO, said that the capital will be put toward product development and customer outreach as […]

Protect AI lands a $13.5M investment to harden AI projects from attack by Kyle Wiggers originally published on TechCrunch

Zipline is now the national drone service provider for Rwanda

December 15, 2022

Zipline got its start six years ago using its autonomous electric drones to deliver blood in Rwanda. Now, the logistics and drone delivery startup is expanding its Rwandan government partnership with a lofty aim: complete nearly 2 million instant deliveries and fly more than 200 million autonomous kilometers in the country by 2029. The government […]

Zipline is now the national drone service provider for Rwanda by Kirsten Korosec originally published on TechCrunch

Microsoft to start multi-year rollout of EU data localization offering on January 1

December 15, 2022

Microsoft will begin a phased rollout of an expanded data localization offering in the European Union on January 1, it said today. The EU Data Boundary for the Microsoft Cloud, as it’s branding the provision for local storage and processing of cloud services’ customer data, is intended to respond to a regional rise in demand […]

Microsoft to start multi-year rollout of EU data localization offering on January 1 by Natasha Lomas originally published on TechCrunch

The Download: Twitter’s decline, and explaining fusion

December 15, 2022
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. We’re witnessing the brain death of TwitterThe state of Twitter since Elon Musk’s takeover feels like a brain death: the processes that keep it online are somehow still beating, but what Twitter was…