Convective Capital’s $35 million answer to the increasing threat of wildfires

October 7, 2022

Wildfires have become an ever-increasing threat as houses are built closer together and the growing impacts of climate change wreak havoc on natural landscapes. Entrepreneurs, in response, have started to develop tech meant to minimize the scale and damage of these natural disasters. Convective Capital is a new VC firm looking to back them. Bill […]

Convective Capital’s $35 million answer to the increasing threat of wildfires by Rebecca Szkutak originally published on TechCrunch

Purple Elephant Ventures, Kenya’s tourism-focused startup studio, raises $1M pre-seed funding

October 7, 2022

A Kenya-based venture studio with a focus on tourism, Purple Elephant Ventures (PEV), has raised $1 million pre-seed funding to build the next generation of startups that use technology to modernize the tourism sector. Investors participating in this round include Klister Credit Corp., a Canadian investment firm, The Untours Foundation, and a number of angel […]

Purple Elephant Ventures, Kenya’s tourism-focused startup studio, raises $1M pre-seed funding by Annie Njanja originally published on TechCrunch

SaaS platform klikit saves restaurant kitchens from “tablet hell”

October 7, 2022

The proliferation of delivery services give customers many options, but means chaos for busy restaurants that need to manage orders across multiple apps and channels. Many kitchens handle this by juggling several devices at a time, one for each app. Klikit wants to save Southeast Asian food businesses from “tablet hell” by aggregating order information […]

SaaS platform klikit saves restaurant kitchens from “tablet hell” by Catherine Shu originally published on TechCrunch

Tesla Semi production begins with Pepsi getting the first deliveries

October 7, 2022

Tesla CEO Elon Musk tweeted Thursday that production on its long-delayed all-electric semi truck has started with the first deliveries beginning in December. The automaker introduced an all-electric Class 8 truck prototype, dubbed Tesla Semi, during a splashy November 2017 event held in Hawthorne, California, on the grounds of the company’s design studio and Musk’s […]

Tesla Semi production begins with Pepsi getting the first deliveries by Kirsten Korosec originally published on TechCrunch

As the market cools, aggressive Tiger Global looks to raise a fund that’s half the size as its last

October 7, 2022

In recent years, assets under management at the investment firm Tiger Global have exploded. Now the firm is taking stock and winnowing down its operations, per a new investor letter first seen by Axios and obtained subsequently by TechCrunch. Most significantly, whether for lack of other options or — just as likely — in reaction […]

As the market cools, aggressive Tiger Global looks to raise a fund that’s half the size as its last by Connie Loizos originally published on TechCrunch

Amazon has 365 days to pour $150 million into diverse check writers

October 7, 2022

Amazon announced yesterday the launch of Amazon Catalytic Capital, a $150 million commitment focused on investing in underrepresented builders in tech. The initiative, according to a release, will invest in funds that back pre-seed and seed-stage startups built by Black, Latino, Indigenous, women and LGBTQIA+ founders. The goal is that the money will support more […]

Amazon has 365 days to pour $150 million into diverse check writers by Natasha Mascarenhas originally published on TechCrunch

The Musk vs. Twitter trial is temporarily on hold as proposed deal looms

October 7, 2022

Judge Kathaleen McCormick ruled that the Elon Musk vs. Twitter trial will be put on hold so that the two parties can work out a deal. Earlier this week, the Tesla and SpaceX CEO finally agreed to pay $54.20 per share for Twitter, the same $44 billion deal he proposed in April. This afternoon, Musk’s […]

The Musk vs. Twitter trial is temporarily on hold as proposed deal looms by Amanda Silberling originally published on TechCrunch

Meet the young turks of blockchain, DeFi and web3 exhibiting at TC Sessions: Crypto

October 6, 2022

Basketball isn’t the only heat you’ll find in Miami, a city rapidly becoming known for its emerging tech development and investment in the hot crypto sector. It’s why we chose it as the destination for our first TC Sessions: Crypto on November 17. We have an outstanding agenda lined up with leading movers and shakers […]

Meet the young turks of blockchain, DeFi and web3 exhibiting at TC Sessions: Crypto by Lauren Simonds originally published on TechCrunch