Puzzle Corner
Oreo Cookies Kept Crumbling. Here’s How the Company Fixed the Problem — By Listening to Its Workers
Porsche invests in battery startup South 8 to boost cold-weather EV performance
All cars suffer when the mercury drops, but electric vehicles suffer more than most as heaters draw more power and batteries charge more slowly as the liquid electrolyte inside thickens. Drivers in Chicago found this out the hard way last January after many Teslas failed to charge during a deep freeze. One startup, South 8 […]
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Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B
Scale AI, a company that provides data-labeling services for training machine learning models, has raised a $1 billion Series F round from a slew of big-name institutional and corporate investors including Amazon and Meta. The raise, which constitutes a mix of primary and secondary funding, comes amid a boom in AI venture capital megarounds, with […]
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Meta, Match, Coinbase and others team up to fight online fraud and crypto scams
The new coalition, Tech Against Scams, will work together to find ways to fight back against the tools used by scammers and to better educate the public against financial scams.
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EU Council gives final nod to set up risk-based regulations for AI
It’s a wrap: European Union lawmakers have given the final approval to set up the bloc’s flagship, risk-based regulations for artificial intelligence.
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Vitesse, a payments and treasury management platform for insurers, raises $93M to fuel US expansion
London-based fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR.
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Zen Educate raises $37M and acquires Aquinas Education as it tries to address the teacher shortage
Zen Educate, an online marketplace that connects schools with teachers, has raised $37 million in a Series B round of funding. The raise comes amid a growing teacher shortage crisis both sides of the pond, with a recent report from ADP Research Institute noting that the global pandemic exacerbated the existing supply/demand imbalance due to […]
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ETF Partners raises €284M for climate startups that will be effective quickly—not 20 years down the road
The European venture capital firm raised its fourth fund as fund as climate tech “comes of age.”
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