Pollutants pouring from smokestacks around the world may be bad news for the atmosphere, but if you catch them before they get out there, you could reduce emissions and collect some valuable materials at the same time. That’s what Carbix aims to do with its carbon-sequestering reactor, which would extract minerals from emissions while staying
Month: September 2021
Cellino, a company developing a platform to automate stem cell production, presented today at TechCrunch Disrupt 2021 to detail how its system, which combines A.I. technology, machine learning, hardware, software — and yes, lasers! — could eventually democratize access to cell therapies. It aims to bring down costs associated with the manufacturing of human cells,
News that Klarna is waiting for more favorable market conditions before going public felt a little odd yesterday. Today, hesitation to go public feels downright strange. New pricing information from U.S. tech unicorn Toast and Indian tech unicorn Freshworks indicate that the IPO market is more than welcoming. The Exchange explores startups, markets and money.
Facebook today provided an update on how Apple’s privacy changes have impacted its ad business. The company had already warned investors during its second quarter earnings that it expected to feel an even more significant impact in its ad targeting business by Q3. This morning, it reiterated that point, but also noted that it had
Our world is drowning in human-generated microplastics. And while these tiny fragments of non-biodegradable plastic — floating in the sea, embedded in the soil — are hard to see with the naked eye they pose a gigantic threat to life. Inexorably, plastic pollution is finding its way into the human food chain, with unknown implications
Weather forecasting is a notoriously challenging field, but it’s an endeavor that is becoming ever more vital to the daily functioning of our planet. Climate change is intensifying the scale and devastation of natural disasters, from wildfires and typhoons to floods and cyclones. Knowing precisely when and where a disaster strikes (or, even, just getting
Cloudsmith, a cloud platform for software supply chain management, has raised a $15 million Series A funding round led by Tiger Global, which it claims is the largest ever Series A funding round in Northern Ireland since 2005 (according to PitchBook data). The company plans to use the new funding to hire 60 new employees
Owners of Alexa devices will soon be able to use OnStar’s emergency services from their homes, under an expanded partnership between OnStar’s parent company General Motors and Amazon. OnStar already expanded OnStar Guardian earlier this year with the introduction of the Guardian app, which lets customers access the service via their mobile device. This latest
If your house has a wooden deck, keeping it in good shape is costly and time consuming. If you don’t keep up with the regular maintenance, it becomes even more costly and time consuming to fix — or, eventually, it all just starts to rot and fall apart. We’ve got robots that can clean our
Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced today that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 billion. This news is notable for a few reasons. For one, it’s a staggering sum for any
Shelf Engine’s mission to eliminate food waste in grocery retailers now has some additional celebrity backers. The company brought in a $2 million extension to its $41 million Series B announced in March. Ellen DeGeneres, Portia de Rossi, Shaun White and Shawn Mendes are the new backers, who came in through a strategic round of
Bilt Rewards, a loyalty program for property renters to earn points on rent with no fees and build a path toward homeownership, announced Tuesday a round of $60 million in growth funding that values the company at $350 million. The investment comes from Wells Fargo and Mastercard and a group of the nation’s largest real
A number of sexual health startups have spun up in recent years offering men discreet help with the awkward issue of erectile dysfunction. Companies like Numan and Roman. But ‘help’ in this context usually means making it easier to get hold of drugs like Viagra. UK-based startup Mojo has been taking a different tack. It’s
We’ve all been there — you’re watching a horror movie, and you know that the main character definitely shouldn’t go into that creepy house, but no matter how much you yell at your TV, you can’t change his fate. But what if you told the guy on screen to steer clear of the house, and
Evermos’ founding team (l to r): Arip Tirta, Ghufron Mustaqim, Iqbal Muslimin and Ilham Taufiq. Image Credits: Evermos Evermos is an Indonesian social commerce startup with two goals: to let people earn extra income by opening online stores without spending capital and to help small brands grow into household names. The company, which focuses on
Traditional meat production is about as far from a sustainable process as we’ve got, but our chances of getting everyone to give up “real” meat are lean. Animal Alternative is one of several companies looking to make meat indistinguishable from the animal-based kind using bioreactors and cultured cells, and it aims to empower local producers
Salesforce has often preached about responsible capitalism, and today at Dreamforce, the company’s annual customer extravaganza, it announced a notable achievement in the battle against global climate change. The company said that it has achieved effective Net Zero energy usage across its entire value chain with 100% renewable energy, while purchasing carbon offsets when that’s
French startup Alan is better known for its health insurance products — they now insure 200,000 people. But it has been slowly building a superapp for your health and expanding with new services. Today, the company announced its first acquisition ever with the acquisition of Jour for $20 million. This is going to be the
Smart fitness gear is often limited by being static and non-portable. (And, well, eye-wateringly expensive.) Think Peloton‘s stationary bike for spin classes or wall-mounted strength training rig Tonal. Great if you’re at home and can afford to shell out thousands on a fancy home gym, but what if you want to take your workout with
Sep.15 — Qualcomm CEO Cristiano Amon speaks to Emily Chang on the latest edition of “Bloomberg Studio 1.0” about the chip shortage and it’s impact on everything from electronics to autos.
BioNTech’s founding story dates back to the late 1990s, when CEO and co-founder Uğur Şahin, his wife and co-founder Özlem Türeci, and the rest of the seven-person founding team began their research. Focused specifically on an area dubbed “New Technologies,” mRNA stood out as one area with tremendous potential to deliver the team’s ultimate goal:
Just Insure, a pay-per-mile insurance technology company, has raised $8 million in a funding round. CrossCut Ventures, ManchesterStory and Western Technology Investments co-led the investment, which brings its total raised to $15.3 million since its January 2019 inception. Los Angeles-based Just says it uses telematics “to reward safe drivers and reduce insurer bias” by looking
Ben Rubin understands where social is going. In fact, he understands it so well, he’s always there early. Rubin is the current CEO and co-founder of Slashtalk and an angel investor who scouts for Sequoia Capital. He previously founded Houseparty and Meerkat — apps that pioneered group video chat and mobile livestreaming, respectively — shaping
Quill Robinson Contributor President Joe Biden has pledged to cut U.S. greenhouse gas emissions in half by 2030. He intends to meet this ambitious target through a wave of new federal spending and government programs. But our best hope for reducing carbon emissions isn’t new government spending. It’s a technological sea change — one that
Rippling, a startup building a platform to manage all aspects of employee data, from payroll and benefits through to device management, launched Rippling Inventory Management, what founder and CEO Parker Conrad is touting as the “world’s first cloud IT closet.” The dashboard enables businesses to automatically store, ship and retrieve employee computers in a way
French startup Mirakl has closed a new Series E funding round of $555 million. Following this round, the company is now valued at $3.5 billion. Mirakl helps you launch a marketplace on your online store for your end customers or for your B2B clients. It’s a software-as-a-service marketplace, meaning that Mirakl manages the marketplace for
Turns out COVID-19 lockdowns have been good for the indoor hobby of hardware hacking: The U.K.-based foundation behind the low-price microprocessor Raspberry Pi announced close of a $45 million funding round yesterday. The cash injection into the trading arm of the (nonprofit) Raspberry Pi Foundation values it at $500 million (pre-money), founder Eben Upton confirmed.
PayPal has been talking about its “super app” plans for some time, having recently told investors its upcoming digital wallet and payments app had been given a go for launch. Today, the first version of that app is officially being introduced, offering a combination of financial tools including direct deposit, bill pay, a digital wallet,
Year-old startup Capiter announced last week that it raised a $33 million Series A to digitize Egypt’s traditional offline retail market. It’s looking to take a large pie in the budding e-commerce and retail play, where multiple startups are pulling their weight including Cartona, also a year-old startup out of Egypt. Today, Cartona is announcing that
U.S. technology unicorn Toast filed a new S-1 document this morning detailing a higher IPO price range for its shares. The more expensive range indicates that Toast may be worth more in its debut than it initially expected, a bullish sign for technology companies more broadly. Toast’s rising valuation may provide a boon to two
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