Former web3 gaming founders raise $2.5M for their NFT marketplace to retain users even when there ‘isn’t money to be made’

March 14, 2024

Even though NFT sales volume is still down 88% from 2022 all time-highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT marketplace focused on user retention. And it’s doing it on a blockchain less known for NFT trading: Sei. Co-founders Kelvin Wang and Davy Li have convinced investors that there’s […]

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3 Biotech Stocks to Jumpstart Your Portfolio Gains

March 14, 2024
The biotech industry is poised for robust growth due to increasing demand for personalized treatments, rising prevalence of chronic diseases, heightened investments in R&D, and advancements in technology. Therefore, investors…

Lightspeed’s Alex Kayyal will talk Series A pitfalls at TechCrunch Early Stage 2024

March 14, 2024

There is perhaps no bigger jump for a startup to make than from the incubatory seed stage to its Series A round. Given how large a step-up landing a Series A can be, there are many guidelines out there. But most seem to be a little outdated in today’s market. The venerable rule that a […]

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AliExpress is first online marketplace to face DSA investigation by EU

March 14, 2024

The European Union has opened its third formal investigation of a very large platform under the Digital Services Act (DSA), with China’s AliExpress earning itself the dubious honor of being the first online marketplace to face formal probe by the Commission. The DSA is the bloc’s rebooted ecommerce rules which demand risk assessments and mitigations […]

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Proton Mail desktop app officially launches, but remains for premium subscribers only

March 14, 2024

Proton Mail, the end-to-end encrypted (E2EE) email service from Swiss company Proton, is now officially available via a dedicated desktop app some three months after debuting in beta. However, despite previous claims that the client would be available to all Proton Mail users in early 2024, the company has decided to restrict it to paying […]

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Why methane emissions are still a mystery

March 14, 2024
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. If you follow papers in climate and energy for long enough, you’re bound to recognize some patterns.  There are a few things I’ll basically always see when I’m sifting through the latest…

Lago, a Paris-based open source billing platform, banks $22M

March 14, 2024

A startup out of Paris that began life building marketing tools has raised $22 million after making a successful pivot into billing — a space it discovered was even more broken among potential customers. Lago, developer of an open-source billing platform, has picked up the funding across two rounds of funding it’s revealing to coincide […]

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What African B2B e-commerce startups can learn from OmniRetail’s profitable run

March 14, 2024

Save for fintech and cleantech, B2B e-commerce and retail was the leading destination for venture capital dollars over the last five years. The premise of digitizing the continent’s mom-and-pop convenience stores and offering various solutions to streamline logistics and procurement processes saw hundreds of millions of dollars flood the segment, particularly during the venture capital […]

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Nigeria’s Youverify raises $2.5M to enhance anti-money laundering compliance

March 14, 2024

Youverify, a Nigerian provider of identity verification and anti-money laundering (AML) solutions for banks and startups, secured a $2.5 million investment from Elm, which specializes in offering ready-made and customized digital solutions to public and private institutions in Saudi Arabia. The pre-Series A investment from Elm also includes a strategic partnership to help Youverify streamline […]

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