Revolut alums raise millions for Vault, a startup offering banking services to Canadian SMBs

June 1, 2023

Vault, an online banking platform serving small-to-medium sized business (SMBs) in Canada, is launching to the public today after raising $3.7 million in seed funding. Founded in late 2021 by Saud Aziz and Ahmed Shafik (who previously worked at sunday, Revolut and Koho), Toronto, Ontario-based Vault says its mission is to “revolutionize” the banking experience […]

Revolut alums raise millions for Vault, a startup offering banking services to Canadian SMBs by Mary Ann Azevedo originally published on TechCrunch

Match Group debuts Archer, a new face-first gay dating app for men

June 1, 2023

Online dating behemoth Match Group is introducing a new gay dating app, just in time for Pride. The company, which owns the lion’s share of the global dating market, is launching Archer, a “social-first” dating experience for gay, bi and queer men. Archer won’t actually be hitting the App Store just yet — that happens […]

Match Group debuts Archer, a new face-first gay dating app for men by Taylor Hatmaker originally published on TechCrunch

Enzo Biochem says ransomware attack exposed clinical test data of 2.5 million patients

June 1, 2023

Enzo Biochem, a New York-based biotechnology company, has confirmed that a ransomware attack exposed the clinical test information of almost 2.5 million patients. Enzo, which manufactures and sells DNA-based tests to detect viral and bacterial diseases including COVID-19 and cancer, confirmed in an SEC filing this week that it experienced a ransomware attack on April […]

Enzo Biochem says ransomware attack exposed clinical test data of 2.5 million patients by Carly Page originally published on TechCrunch

Pixxel’s hyperspectral orbital imagery attracts investment from Google

June 1, 2023

Hyperspectral imagery startup Pixxel has closed $36 million in funding as it prepares to roll out new remote sensing and analytics capabilities to customers. The L.A. and Bangalore-based startup also scored a new strategic investor: Google, the tech giant that’s as well known for its mapping products as it is for its search engine. While […]

Pixxel’s hyperspectral orbital imagery attracts investment from Google by Aria Alamalhodaei originally published on TechCrunch

The world is finally spending more on solar than oil production

June 1, 2023
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. Money makes the world go round. And when it comes to energy, we’re seeing more investment than ever: companies, research institutions, and governments are all pouring money into technologies that could help…