Everstream, which applies big data to supply chain management, raises $50M

April 4, 2023

Just short of a year after raising $24 million from backers including DHL, Everstream Analytics, a company that provides predictive insights for physical supply chains, has secured a fresh round of funding. Everstream today announced that it raised $50 million in a Series B round led by Morgan Stanley’s 1GT Fund with participation from StepStone […]

Everstream, which applies big data to supply chain management, raises $50M by Kyle Wiggers originally published on TechCrunch

Strivacity, which helps companies build secure login flows, nabs $20M

April 4, 2023

Identity and access security issues are increasingly top of mind for companies. According to a recent Verizon survey, 61% of all breaches now involve credentials — whether they be stolen via social engineering or hacked using brute force. It’s frustrating for users, too; a NordPass poll found that eight out of ten people find password […]

Strivacity, which helps companies build secure login flows, nabs $20M by Kyle Wiggers originally published on TechCrunch

China probes Micron for cybersecurity risks, urges Japan to stay out of U.S. chip export curbs 

April 4, 2023

The U.S. and China chip battle continues to escalate. In China, the country’s cybersecurity watchdog has initiated a probe into U.S. memory chip maker Micron Technology, according to a statement from the Cyberspace Administration of China (CAC) released on Friday. The development came on the same day that Japan announced plans to impose export restrictions on […]

China probes Micron for cybersecurity risks, urges Japan to stay out of U.S. chip export curbs  by Kate Park originally published on TechCrunch

DFC invests $25M in Novastar’s Africa People + Planet Fund

April 4, 2023

The U.S International Development Finance Corporation (DFC) has made equity investment to the tune of $25 million in a new fund by Pan-African venture capital firm Novastar Ventures, to back founders building agriculture and climate solutions. The DFC revealed details of the transaction, and Novastar’s new investment vehicle, the Africa People + Planet Fund, during […]

DFC invests $25M in Novastar’s Africa People + Planet Fund by Annie Njanja originally published on TechCrunch

The complex math of counterfactuals could help Spotify pick your next favorite song

April 4, 2023
A new kind of machine-learning model built by a team of researchers at the music-streaming firm Spotify captures for the first time the complex math behind counterfactual analysis, a precise technique that can be used to identify the causes of past events and predict the effects of future ones. The model, described earlier this year…