According to a new study from Sista and the Boston Consulting Group, women are still underrepresented in the European tech ecosystem. Only 22% of startups created in 2022 included a woman in the founding team. And when you look at women-only founding team, that number drops to 10%. That means that, yes, 78% of European […]
European startups still have a long way to go to achieve gender parity by Romain Dillet originally published on TechCrunch
Clop, the ransomware gang responsible for exploiting a critical security vulnerability in a popular corporate file transfer tool, has begun listing victims of the mass-hacks, including a number of U.S. banks and universities. The Russia-linked ransomware gang has been exploiting the security flaw in MOVEit Transfer, a tool used by corporations and enterprises to share […]
Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities by Carly Page originally published on TechCrunch
A Chinese electric vehicle brand that’s rarely spotted in the U.S. is quickly catching up to Tesla’s dominance of the global EV market. BYD, which started in Shenzhen 28 years ago, delivered 547,917 passenger EVs, including hybrids, a category it’s known for, in the first quarter of 2023. The tally surpassed that of Tesla, which […]
BYD is overtaking Tesla, but its EV dream skips the US for now by Rita Liao originally published on TechCrunch
As companies increasingly rely on machine learning models, it’s imperative that they continuously check the models to make sure they are working as intended and that the data is valid, unbiased and not corrupted in any way. Deepchecks, an Israeli startup has come up with a solution to continuously test models from development through production. […]
Deepchecks snags $14M seed to continuously validate ML models by Ron Miller originally published on TechCrunch
One out of three tech jobs globally are filled by necessary skilled labor, and according to the World Economic Forum (WEF), this is one of the biggest concerns of global business leaders. Over 50% of the organizations that these leaders manage, in a survey, say they have lost competitive advantage due to talent shortages. The […]
An investor, an operator, and their plan to upskill Africa’s workforce by Tage Kene-Okafor originally published on TechCrunch
Bejul Somaia, the founding partner of Lightspeed India, staunchly defended the allure of South Asia’s investment landscape, even in the wake of unsettling movements such as Sequoia’s decision to segregate its Indian venture. “The startup and venture model is predicated on learning and adapting fast, navigating to high upside and understanding that the few companies […]
Lightspeed says India not for the faint-hearted amid Sequoia split by Manish Singh originally published on TechCrunch
ChrysCapital has invested $100 million in Lenskart, the two said Thursday, pushing the Asian eyewear startup’s raise in the past year to $850 million as it expands its offerings and reach in international markets. The Indian venture firm is buying shares worth $100 million in Lenskart through both primary and secondary transactions, the two said. […]
ChrysCapital invests $100 million in India’s Lenskart by Manish Singh originally published on TechCrunch