Rick Fox wants his concrete startup’s carbon credits to subsidize down payments for homeowners
Plenty of companies sell carbon credits, but Rick Fox wants to use them to help lower the cost of acquiring a home made of Partanna’s concrete blocks.
Inside the stealthy startup that pitched brainless human clones
After operating in secrecy for years, a startup company called R3 Bio, in Richmond, California, suddenly shared details about its work last week—saying it had raised money to create nonsentient monkey “organ sacks” as an alternative to animal testing. In an interview with Wired, R3 listed three investors: billionaire Tim Draper, the Singapore-based fund Immortal…
The Download: Europe vs Chinese EVs, and making AI vision less biased
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. Europe is working to slow down the global expansion of Chinese EVs Earlier this month, the European Commission announced it is launching an anti-subsidy investigation into electric vehicles coming from China. The move…
Onchain leverage trading platform Avantis Labs raises $4M seed round led by Pantera Capital
Avantis Labs, a decentralized finance (DeFi) derivatives ecosystem, has raised $4 million in a seed funding round led by Pantera Capital, the company’s co-founder and CEO Sehaj Singh exclusively told TechCrunch. Founders Fund, Coinbase’s Base Ecosystem Fund and Modular Capital also invested in the round. The capital will be used to grow its flagship product […]
How These Two Art School Buddies Brought Their Business Vision to Life
Co-founders Louie Hinnen and Paul Outlaw explain how their company The Factory NYC utilizes human creativity and digital tools to establish itself at the intersection of art and commerce.
Erudit raises $10M to monitor workplaces for ‘misalignment’
Employee surveillance is on the rise. According to one poll, searches for staff monitoring software rose by 75% in March 2020 compared with the 2019 monthly average — and demand remained strong in 2021 and 2022. It’s a spike mostly attributable to the shift during the pandemic to hybrid work. A 2022 Microsoft survey found […]
FedNow’s legal terms contain a game changer for digital wallets and payment apps
The potential reach for nonbank payments providers who leverage this provision in the FedNow legal terms could be significant.
What’s changed since the “pause AI” letter six months ago?
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Last Friday marked six months since the Future of Life Institute (FLI), a nonprofit focusing on existential risks surrounding artificial intelligence, shared an open letter signed by famous people such as Elon Musk,…
Crediverso takes on legal after $3.5M capital infusion
The company, which has helped thousands of users in the U.S. Latino community with financial products advice, adds legal tech and services.
This Family-Run Business is Helping Entrepreneurs Thrive in Economic Uncertainty
Running a business is a rewarding experience that grows the more time and care you put into it. Some factors, however, are outside your control, and that is where your…
Sequoia backs PartyKit to power real-time multiplayer collaboration for any app
If a company wants to offer in-app messaging or voice calls, they don’t have to develop the infrastructure themselves when there’s something like Twilio at their disposal. Likewise, if they want to support payments there’s Stripe, or for maps there’s the mighty Google. But what if a developer is tasked with building real-time multiplayer collaboration […]