Matt Blumberg Contributor Was anyone else as appalled as I am by the contents of Connie Loizos’ recent article, Coming out of COVID, investors lose their taste for board meetings? The stories and quotes in the article about investors reducing their interest and participation in board meetings, not showing up, sending the junior associate to
Month: September 2022
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Making sneakers is a dirty business; one that’s heavily reliant on fossil fuels. Shoe companies have experimented with various ways to reduce their footprints, from uppers made of recycled plastic to midsoles made of foam derived from sugarcane. Now, there’s a new approach — upcycling. Materials startup Novoloop and running-shoe manufacturer On will announce a
From healthcare to manufacturing, traditional industries have been getting a digital makeover over the past decade. But some sectors have been left behind. Maritime shipping, argued Fabian Fussek, CEO and co-founder of Kaiko Systems, is the “last frontier of digitzation.” Kaiko Systems is a Berlin-based startup trying to digitize operations on commercial vessels. Around 90%
The competition to create ever smaller, ever better robots is a fierce one, and Cornell University is out front now with a set of bots small enough to sit on a human hair but that can move on their own using nothing but light as a power source. Now, you may remember a similarly small
Jason Sudeikis’ character from the hit Apple TV+ series “Ted Lasso” will make an appearance in EA Sports’ upcoming video game, FIFA 23. Ted Lasso will be playable as a manager along with the show’s fictional football club AFC Richmond. EA (Electronic Arts) announced the news today alongside a trailer showing everyone’s “favorite mustachioed manager,”
Speech recognition remains a challenging problem in AI and machine learning. In a step toward solving it, OpenAI today open-sourced Whisper, an automatic speech recognition system that the company claims enables “robust” transcription in multiple languages as well as translation from those languages into English. Countless organizations have developed highly capable speech recognition systems, which
Crypto token prices have been trending downward for the past year, with BTC and ETH both down over 50% since last September. Yet despite the downturn in cryptocurrency prices, early-stage web3 startups have shown remarkable resilience in their valuations, Seth Ginns, managing partner and head of liquid tokens at digital asset investment firm CoinFund told
RiverSouth is called the smartest building in North America and features a wild array of technology for tenants, business owners and real estate managers. Kode OS underpins the building’s systems, a real estate platform developed by the Detroit-based startup, Kode Labs. The platform ingests data from any number of systems and provides users with a
A new startup wants to make it easier for any company to sell phone and data plans as part of their own branded mobile network subscriptions — and to help, it has secured the backing of big-name investors including Google’s early-stage venture capital arm Gradient Ventures and Uber CEO Dara Khosrowshahi. Gigs, which was founded
The chess world is currently consumed by a drama as lurid and compelling, in its way, as the Don’t Worry Darling fracas. Involving implications of cheating at the highest levels of play, the feud between the world champion and an upstart challenger has prompted speculation on the existential threat to chess posed by an AI
In addition to the groundbreaking news that YouTube would begin to monetize Shorts videos and revamp its Partner Program, the company today also announced a new offering for creators who leverage music to back their videos: Creator Music, now in beta testing. This new destination will introduce a large catalog of songs that creators can
Synthetic speech tech startup Murf gives a voice, literally, to content creators of all sizes. Murf, which now has a library of more than 120 human-parity AI voices across 20 languages, announced today it has raised $10 million Series A funding led by Matrix partners. Participation came from returning investors Elevation Capital and several prominent
Ivorian payments-led fintech startup Julaya has extended its pre-Series A round by $5 million. The company, which facilitates B2B payments for businesses in Francophone West Africa, mainly via mobile money channels, has raised a total of $7 million in the financing round. In 2019, West Africa reported the most live mobile money services in any
You can’t cut what you can’t measure. For many companies, carbon emissions are something of a black box. Energy goes in, products and emissions come out. The first two are simple enough to monitor and understand, but without an expert on hand, the emissions profile is harder to pin down. “If people can’t access this
Managing cap tables and equity at high-growth companies can be a complicated (and sometimes messy) business, a fact that founders and employees often discover too late. That’s given rise to a wave of companies building software to help, and today a European leader in that pack is announcing some funding to fuel its own growth.
As you can tell from the Mickey Mouse-shaped disco ball in the photo above, Season 31 of “Dancing with the Stars” (DWTS) premiered on Disney+ last night. This marked the first time the streaming service livestreamed a TV show. With instances of live TV apps crashing across the sports streaming space (looking at you DirecTV!),
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The crypto industry seemed to age several decades over the past bull run, maturing in some places while barreling ahead in ambitious new pursuits, including DeFi, NFTs and web3. And while scams continued to proliferate and hacker heists became a weekly occurrence, the space onboarded an onslaught of retail investors and fostered feverish excitement among
In the early hours on Monday, a Tesla Megapack battery caught fire at a key California power storage facility, the state’s largest utility said in a statement to TechCrunch. According to PG&E, the utility “became aware of a fire in one Tesla Megapack at its Elkhorn Battery Storage facility” at around 1:30 a.m. in Moss
Somehow, some way, the third quarter is nearly over. That means we’re gearing up for a wave of venture capital data that will start to drop in less than two weeks’ time. We’re itching to get our hands on the final numbers because the third quarter of 2022 is a pretty damn important data point.
Its 2015 acquisition of Aldebaran didn’t go as smoothly as SoftBank hoped. At the time, the French robotics startup was best known for its Nao, which had become a fairly ubiquitous presence in research facilities across the globe. The small humanoid robot formed the foundation for the rebranded SoftBank Robotics’ best-known creation, Pepper. Nao mostly
Earlier this summer, a Google exec admitted that TikTok was eating into its core Search business, particularly among younger users. But that’s not all TikTok is now being used for, a new Pew Research Center study indicates. According to the findings from a report that examined Americans’ use of social media for news consumption, 33%
“To be able to shitpost, you have to understand the subject matter really well,” Antimatter founder Jonathan Libov deadpans. “In a sense, shitposting is the highest form of consciousness.” Silly as it may sound, Libov is onto something. With a five-person team and a bit of venture funding, Antimatter is building the most memey educational
Amid the festivities at its fall 2022 GTC conference, Nvidia took the wraps off new robotics-related hardware and services aimed at companies developing and testing machines across industries like manufacturing. Isaac Sim, Nvidia’s robotics simulation platform, will soon be available in the cloud, the company said. And Nvidia’s Jetson lineup of system-on-modules is expanding with
InnovaFeed, a vertical insect farm operator that’s rearing insects for animal and plant nutrition, has raised $250 million in a series D round of funding led by Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund. While countless companies are developing alternative and more sustainable ways for humans to get their protein fixes such as through
Meet Nilos, a startup that wants to bridge the gap between crypto wallets and traditional business bank accounts. The company provides a dashboard that displays all your transactions — whether those are fiat transactions or crypto payments. From this platform, you can initiate payments and reconcile operations across multiple accounts. The startup raised a $5.2
The Peloton Row hasn’t been a particularly well-kept secret over the last couple of years. After long-standing rumors, the connected fitness firm teased the rowing machine in a member’s video back in May. Today it’s finally back with some firm details on the latest major addition to its home fitness offerings. The Row goes up
Metafy, a marketplace for video game coaching, laid off 23% of its staff last week, primarily impacting product, design and engineering teams, founder Joshua Fabian confirmed in an e-mail to TechCrunch. The layoff impacted 12 full-time employees. A Notion page has been created for those looking for their next jobs. Metafy has raised over $30
A group of former Meta engineers is building a platform to help enterprises deploy machine learning models at the speed of big tech companies. Their startup, TrueFoundry, has raised $2.3 million in a funding round. The San Francisco, California-headquartered startup automates repetitive tasks in the machine learning pipeline to allow data scientists and engineers to
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