Startup studio Hexa wants to partner with startups growing too slowly

December 13, 2023

Just a couple of weeks after announcing $22 million in fundraising, Paris-based startup studio Hexa is expanding beyond its studio model to partner with later stage companies that have already found product-market fit. Called Hexa Scale, with this program, the startup studio is looking for B2B companies that already generate some significant recurring revenue (ideally […]

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British International Investment backs India’s Aye Finance in $37M funding

December 13, 2023

Aye Finance, an Indian startup that offers its digital lending platform to small firms, has raised $37.18 million in a fresh funding round led by British International Investment, as it looks to continue to help micro enterprises grow their businesses and employees expand their incomes. The Series F round, which takes Aye’s total fundraising to […]

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Two former Department of Energy staffers warn we’re doing carbon removal all wrong

December 13, 2023
The carbon removal industry is just starting to take off, but some experts are warning that it’s already headed in the wrong direction. Two former staffers of the US agency responsible for advancing the technology argue that the profit-driven industry’s focus on cleaning up corporate emissions will come at the expense of helping to pull…

FCC issues final denial of $885M Starlink subsidy

December 12, 2023

The FCC has made a final denial of Starlink’s application for $885 million in public funds to expand its orbital communications infrastructure to cover parts of rural America, saying the company “failed to demonstrate that it could deliver the promised service.” As previously reported, the money in question was part of the Rural Digital Opportunity […]

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Feds want anti drunk-driving tech in cars. Here’s what stands in the way.

December 12, 2023

The in-car tech used by the likes of Ford and GM to make sure drivers pay attention to the road has come a long way. But it’s just not ready to help prevent or mitigate the damage done by drunk driving, according to the National Highway Traffic Safety Administration. That assessment is threaded throughout a […]

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