February 5, 2025

XOi raises $230M, acquires Specifx to expand its tech for field service technicians

Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi  […]

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Impacked packs up $2.5M to give the packaging industry a greener tint

November 15, 2022

Packaging is a trillion-dollar-per-year industry that, by and large, has some sustainability challenges. Impacked is a B2B company that’s bringing green tech to the forefront for everything from jars, tubes and pouches to bottles. The company raised a $2.5 million seed funding round led by TenOneTen Ventures, taking its total funding raised to $3.3 million. […]

Impacked packs up $2.5M to give the packaging industry a greener tint by Haje Jan Kamps originally published on TechCrunch

AI-powered media editing app Descript lands fresh cash from OpenAI

November 15, 2022

Descript, the audio and video editing platform founded in 2017 by former Groupon CEO Andrew Mason, has raised $50 million in a Series C round led by the OpenAI Startup Fund, a tranche through which OpenAI and its partners, including Microsoft, are investing in early-stage companies. Descript is the second startup to receive a cash […]

AI-powered media editing app Descript lands fresh cash from OpenAI by Kyle Wiggers originally published on TechCrunch

Zest wants to make buying and sending gifts online ‘delightful’

November 15, 2022

While e-commerce was on the rise before the pandemic, the massive shift to digital supercharged the online shopping industry — bringing entirely new categories of products (and shoppers) to the web. According to Adobe, Americans have spent a record $1.7 trillion online over the last two years, a 55% uptick from two years before the […]

Zest wants to make buying and sending gifts online ‘delightful’ by Kyle Wiggers originally published on TechCrunch

The Download: Tencent’s palm payments, and AI’s carbon footprint

November 15, 2022
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. Tencent wants you to pay with your palm. What could go wrong? Would you want a bottle of soda for just one cent? Before you say yes, there’s a catch: You have to…

Why we need to do a better job of measuring AI’s carbon footprint

November 15, 2022
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Lately I’ve lost a lot of sleep over climate change. It’s just over five weeks until Christmas, and last weekend in London, it was warm enough to have a pint outside without…

How tech is fuelling the growth of Fintech

November 15, 2022
India is home to 20+ fintech unicorns, and the fintech industry is expected to reach $1 trillion in throughput and $200 billion in revenue by 2030. Like every other startup, fintech needs tech too, but they have a different kind of approach towards it, owing to the involvement of huge financial data.

Pickle picks up $26M for its truck unloading robots

November 15, 2022

Fulfillment has arguably been the hottest robotics category over the past two years, as companies have looked to stay competitive with Amazon, even amid ongoing labor shortages. Still, one of the most important links in the chain remains one of the least addressed. Truck unloading isn’t a particularly easy problem to solve, but Pickle Robot […]

Pickle picks up $26M for its truck unloading robots by Brian Heater originally published on TechCrunch

Weka announces $135M investment on $750M valuation to change how companies move data

November 15, 2022

If there’s one thing that gets the attention of investors, even in uncertain times like these, it’s data efficiency. Data is the fuel for machine learning models and getting it from point A to point B can be expensive and time consuming. That’s why a startup that can help make that process move faster with […]

Weka announces $135M investment on $750M valuation to change how companies move data by Ron Miller originally published on TechCrunch

WhatsApp India head Abhijit Bose, Meta India public policy director Rajiv Aggarwal quit

November 15, 2022

WhatsApp’s head of India Abhijit Bose and Meta’s public policy head for the country Rajiv Aggarwal have both left the social networking firm — just days after Meta India chief Ajit Mohan quit the company to join rival Snap. On Tuesday, Meta confirmed the departure of both executives. The company also announced the appointment of […]

WhatsApp India head Abhijit Bose, Meta India public policy director Rajiv Aggarwal quit by Jagmeet Singh originally published on TechCrunch