VanMoof, the e-bike startup, officially declared bankrupt in The Netherlands

July 18, 2023
Another grim stage for VanMoof, the e-bike startup backed by venture capitalists to the tune of hundreds of millions of dollars. After making a last-hour effort to stave off bankruptcy last week, the court of Amsterdam has taken the step of officially declaring bankruptcy for the company’s Dutch legal entities, VanMoof Global Holding B.V., VanMoof […]

US government launches the Cyber Trust Mark, its long-awaited IoT security labeling program

July 18, 2023
The Biden administration has launched its long-awaited Internet of Things (IoT) cybersecurity labeling program that aims to protect Americans against the myriad of security risks associated with internet-connected devices. The program, officially named the “U.S. Cyber Trust Mark,” aims to help Americans ensure they are buying internet-connected devices that include strong cybersecurity protections against cyberattacks.  […]

Singapore-based ID verification platform Bureau bumps its Series C to $12M

July 18, 2023
Identity verification platform for businesses, Bureau, has added $4.5 million in its Series C, bringing its total to $12 million. The funding was raised from GMO Venture Partners and GMO Payment Gateway. Other investors in the round include Quona Capital, Commerce Ventures and Okta Ventures. Bureau has now raised $20.5 million to date. In addition […]

Sylvera banks $57M to put carbon offsetting on a path to Net Zero

July 18, 2023
London-based climate intelligence startup Sylvera has closed another chunky funding round — bagging $57 million in Series B funding led by Balderton Capital, with participation from existing investors Index Ventures, Insight Partners, Salesforce Ventures, Speedinvest, Seedcamp and LocalGlobe. New investors Fidelity Strategic Ventures, Bain & Company and 9Yards Capital are also joining the round. The […]

Bluesky is under fire for allowing usernames with racial slurs

July 18, 2023
Bluesky’s moderation woes continue as users threaten to leave the site in protest of its failure to flag slurs in account usernames.  Many users — particularly Black users — are frustrated that Bluesky hasn’t apologized for allowing racial slurs to slip through its moderation tools even though they violate the platform’s community guidelines. It’s the […]

Rice Robotics picks up $7M, powers SoftBank’s office delivery

July 18, 2023
In the crowded enterprise robotics space, the ability to secure key clients is a crucial differentiator for companies. In the case of Hong Kong-based Rice Robotics, the important order has come from SoftBank. Since January 2021, Rice’s robots, with their cute, cartoonish blinking eyes, have been delivering 7-Eleven products to Softbank staff at the company’s […]