ULUU believes the solution to the plastic crisis lies in the world’s oceans. The Australian startup uses seaweed to create a plastic alternative and is planning to launch its first products in the next 12 to 24 months. Today ULUU announced it has raised $8 million AUD (about $5.3 million USD) led by Main Sequence
admin
The Linux Foundation Europe (LF Europe) — the recently launched European offshoot of the open source Linux Foundation — today announced the launch of Project Sylva, which aims to create an open source telco cloud framework for European telcos and vendors. This is the first project hosted by LF Europe and is a good example
Want to kick your ex off your Netflix account without having to change your password? A new Netflix feature will make that possible. Today, Netflix is launching “Manage Access and Devices,” which allows account owners to remotely log out of devices they don’t recognize or no longer want signed in. The addition could help Netflix
Yahaha, a Helsinki- and Shanghai-based immersive, user-generated, low-code gaming platform founded by a group of Chinese gaming vets, made a splash in January when it announced a cumulative $50 million in funding ahead of its alpha launch in April. Now, with 100,000 creators and hundreds of thousands of players, it’s raised a further $40 million
Atmos, a startup which has built an online marketplace that teams up homebuyers with builders and land developers to design and build custom homes, has emerged from stealth today with $12.5 million raised in Series A funding round led by Khosla Ventures. Founded in 2018, San Francisco-based Atmos touts that with its tech, homebuyers are
Packaging is a trillion-dollar-per-year industry that, by and large, has some sustainability challenges. Impacked is a B2B company that’s bringing green tech to the forefront for everything from jars, tubes and pouches to bottles. The company raised a $2.5 million seed funding round led by TenOneTen Ventures, taking its total funding raised to $3.3 million.
Nothing less than a war has broken out between an influential swathe of the U.K. tech startup community and the British government, after the latter has allegedly sought to hand the curation and promotion of British startups — both inside the U.K. and abroad — over to a single U.K. bank. As we covered previously,
Spotify today is expanding its video podcasting capabilities to creators in more than 180 markets worldwide, which means the functionality is now available in nearly all the markets where Spotify’s podcast creation software, Anchor, is currently available. The feature first entered wider testing last year, then officially launched in April to a handful of key markets,
Kraken Co-Founder and Outgoing CEO Jesse Powell joins Emily Chang to discuss the repercussions of Binance’s FTX deal falling apart on the crypto world, and why he believes investors should ensure any exchange they use operates on a full-reserve basis. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full
Owl Labs, a startup developing a linuep of AI-powered meeting hardware, today announced that it raised $25 million in a Series C round led by HP Tech Ventures (HP’s venture capital arm) with participation from Sourcenext, Matrix Partners, Spark Capital and Playground Global. The closing of the tranche marks the start of a strategic partnership
Silkhaus, a Dubai-based platform for short-term rentals coming out of stealth, has raised $7.75 million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. Venture capital firms that participated in the round include Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital and VentureSouq.
BasiGo will begin assembling electric buses in Kenya from next month, ramping up its production of public transport vehicles (PSVs) as it targets to deliver 100 units by end of next year. The startup plans to deliver 15 of the 100 buses, manufactured using parts from China’s EV maker BYD Automotive, in January next year,
Indico Capital Partners, the Lisbon, Portugal based VC, has launched a €25 million ‘Opportunity Fund’, with the help of previous LPs, to invest up to an additional €5 million in the most promising four or five companies from its first fund. Indico says this would double the maximum investment per startup from €5-10 million. Indico
A new startup from the founders of Acast today announced a $3.4 million seed round of funding to “de-wall” digital content including ebooks, audiobooks, and news articles. After recently severing ties with Acast, a popular podcasting platform they founded some eight years ago, Karl Rosander, Måns Ulvestam, and Markus Ahlstrand have turned their attentions to Sesamy,
Last week, many investors were left with egg on their faces after FTX’s valuation went from $32 billion to zero in a New York minute. VCs were left wondering, “What the hell happened?” And they’re still wondering, “Wait — did I do something wrong? Is it me?” Why yes, actually, it is you. People are
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to the beginning of another week. As mentioned last Friday, Haje is off scuba diving, leaving the rest of us to pick up the Twitter and FTX pieces. No
Helmed by erratic new owner Elon Musk, Twitter is no longer fulfilling key obligations required for it to claim Ireland as its so-called main establishment under the European Union’s General Data Protection Regulation (GDPR), a source familiar with the matter has told TechCrunch. Our source, who is well placed, requested and was granted anonymity owing
Today, Amazon Prime Video announced the launch of “Sports Talk,” a live daily programming block dedicated to 12 hours of sports-talk content. Broadcasting Monday through Friday from 8 a.m.-8 p.m. ET on Prime Video, viewers in the U.S. can access seven new shows on Sports Talk without a Prime membership. It will also be available
Grant Easterbrook Contributor Grant Easterbrook is a fintech consultant based in Amsterdam. His work has been cited in the media over 150 times. He also co-founded Dream Forward, which was acquired in 2020. This year marks the 10th anniversary of the fintech phenomenon. Companies such as E*TRADE, Rocket Mortgage, and TurboTax began to disrupt the
Many small to mid-sized food distributors still run on pen and paper. This makes it difficult to pinpoint things like how certain products are performing and customer churn. It also makes it hard for businesses to comply with the FDA’s new food traceability regulations. Butter’s solution is an all-in-one management system that helps distributors run
The complexity of streaming data technologies – not just streaming video but any kind of streaming data – has created a headache around dealing with that high speed data processing. Accordingly, companies like Spark, Flink have spring up to address this ksqlDB. Many are either either java-based solutions or SQL-based analytics solutions. However, UK startup
Hulu is expanding its Live TV line-up with 14 new channels, such as Hallmark Channel, The Weather Channel, Comedy.TV, JusticeCentral.TV, TheGrio Television Network, and six channels from the music video network Vevo. The new channels bring the total to over 85 channels, which include entertainment, live sports, and national and local news. Today, November 14,
Changpeng Zhao moved fast when Sam Bankman-Fried’s FTX.com was on the brink, offering to take it over and stem any further crypto contagion. His Binance just as quickly walked away from the beleaguered exchange, leaving the fate of its onetime chief rival uncertain. Sonali Basak has more on “Bloomberg Markets: The Close.” Follow Bloomberg for business news
One day in 2020, I published an article about a Chinese hardware maker which would have otherwise been a typical funding story. Instead, I got a complaint from its PR asking me to remove all mentions of “China” from the piece. The startup wanted to be called “American” on the basis of its having a
Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight forwarders, many running on outdated ERP software or spreadsheets. A startup called GoFreight wants to help them compete by providing the “Shopify of freight forwarding,”
India initially made its name in the tech world years ago when it staked out reputation as a key hub for business process outsourcing. Now that legacy has taken a very different turn in fintech with outsourcing of a very different kind, with the emergence of embedded finance technology. In the latest development, Lentra, an
Tech layoffs may get worse before they get better — which means that the next few months will be full of companies trying to pivot their way to survival during this extended downturn. At least that’s what entrepreneur Nolan Church, who helped lead Carta’s 2020 layoffs as its chief people officer, thinks. He estimates that
Crowdfunding, crowdsourcing and small-batch production for the win Haje Jan Kamps 13 hours If you are running R&D at a large appliance manufacturer, you have a challenge. You typically make products in enormous quantities at pretty slim margins. In order to recoup your development, tooling and launch marketing costs, you need to create and sell
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous
Bloomberg’s Kailey Leinz takes a look at the US midterm elections and how the crypto industry has its eyes on Congress. The question: after the vote, will we finally get progress on regulation? ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Emily Chang