Technology

Li-Cycle, a Canadian lithium-ion battery recycler, has opened a battery recycling facility in Tuscaloosa, Alabama. The Toronto-based company, which also operates plants in Gilbert, Arizona and Rochester, New York, can now process up to 10,000 tons of manufacturing scrap and end-of-life batteries per year, the equivalent of approximately 20,000 EVs annually. The latest facility is […]

Li-Cycle opens battery recycling plant in Alabama by Jaclyn Trop originally published on TechCrunch

Social engineering attacks are on the rise. These low-tech but high-impact attacks — where hackers manipulate employees into granting them access to companies’ services and data — increased by almost threefold last year, and have so far this year claimed several high-profile victims, from Twilio and Mailchimp to Revolut, and most recently Uber. As these […]

Nudge Security emerges from stealth to tackle cybersecurity’s people problem by Carly Page originally published on TechCrunch

Indian edtech Vedantu has acquired a majority stake in education chain Deeksha for $40 million, the latest in local online learning platforms’ growing attempts at tapping opportunities in the offline market. The Bengaluru-headquartered Vedantu, which became a unicorn last year, said it will integrate its technology into offline centers of Deeksha as part of the […]

Vedantu acquires majority stake in Deeksha for $40 million in offline push by Manish Singh originally published on TechCrunch

Kenya has the largest and most thriving furniture industry in East Africa, but the sector’s potential is hindered by several challenges among them production inefficiencies and quality concerns, forcing most major retailers to settle on imports. MoKo Home + Living, a Kenya-based home furniture manufacturer and omnichannel retailer, saw this gap and over several years […]

MoKo, Kenya’s home furniture startup, raises $6.5M by Annie Njanja originally published on TechCrunch

Focused on Southeast Asia, Ayoconnect’s APIs make it faster for businesses to launch new financial services, instead of needing to build their own tech infrastructure. It is also licensed by Indonesia’s central bank, enabling it to offer more services. The open finance startup announced today it has closed a $13 million Series B extension round […]

Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia by Catherine Shu originally published on TechCrunch

There’s a new VC fund in town — at least if you live in Paris. Meet Resonance, a new $150 million fund (€150 million) backed 100% by Otium Capital. You may already be familiar with Otium Capital. It is Pierre-Edouard Stérin’s family office. Back in 2003, Stérin co-founded Smartbox Group, the company behind many popular […]

Resonance is a new $150 million VC fund based in Paris by Romain Dillet originally published on TechCrunch

Pillow aspires to be an all-in-one platform that helps even newbie users save, spend and invest in crypto currency. The Singapore-based startup announced it has raised $18 million in Series A financing co-led by Accel and Quona Capital, with participation from Elevation Capital and Jump Capital. The app currently has more than 75,000 users in […]

Pillow wants to make crypto saving and investing easy for new users by Catherine Shu originally published on TechCrunch