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The electric everything revolution is here, and with it an unprecedented demand for critical battery materials. The most precious of all? Lithium, the crucial ingredient in the lithium-ion batteries that will power everything from your Tesla to your iPhone.  The problem is, extracting lithium is expensive, time-consuming, labor intensive and takes a serious toll on
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Hartbeat Ventures is taking in its first institutional investment from J.P. Morgan, comedian and entrepreneur Kevin Hart announced today at TechCrunch Disrupt. He made the announcement alongside J.P. Morgan’s head of digital investment banking and digital private markets Michael Elanjian and Hartbeat Ventures’ president and co-founder Robert Roman. Hartbeat Ventures, an early-stage VC firm with
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Last year, MaxAB, the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. The moves signaled MaxAB’s ambition to dominate Egypt’s and North Africa’s B2B retail
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Chief co-founders Carolyn Childers and Lindsay Kaplan started the company because they had experienced first-hand being women executives without a ton of support. They created a community of female leaders that is now 20,000 strong, with 60,000 sitting on waitlists, but just don’t call these women ‘girl bosses.’ The two women appeared at TechCrunch Disrupt
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More doom and gloom for smartphone manufacturers, as global smartphone shipments experience the third consecutive decline this year. Per numbers from Canalys, shipments dropped a lowly 9% last quarter, marking the worst Q3 for the category since 2014. Apple is a rare bright spot among the numbers, with some positive growth as the rest of
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Chri Besenbruch, CEO of Deep Render, sees many problems with the way video compression standards are developed today. He thinks they aren’t advancing quickly enough, bemoans the fact that they’re plagued with legal uncertainty and decries their reliance on specialized hardware for acceleration. “The codec development process is broken,” Besenbruch said in an interview with
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After a whirlwind month of spewing racism, antisemitism and just straight oddities, Ye, the rapper formerly known as Kanye West, announced his intention to buy right-wing extremist “free speech” platform Parler. Coincidentally, we’re sure, the app’s CEO is George Farmer, who is the husband of Kanye’s new best friend, conservative political pundit Candace Owens. In
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Meet NXgenPort, a Saint Paul, Minnesota-based startup that’s looking to remotely monitor cancer patients in between doctor visits using a port catheter. NXgenPort, which presented today at TechCrunch Disrupt Startup Battlefield, is building an implantable chemo port that features added sensors and remote connectivity functions. The port combines chemo-port efficacy with sensor technology to measure
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Meet Omneky, a startup that leverages OpenAI’s DALLE-2 and GPT-3 models to generate visuals and text that can be used in ads for social platforms. The company wants to make online ads both cheaper and more effective thanks to recent innovations in artificial intelligence and computer vision. Omneky is participating in Startup Battlefield at TechCrunch
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From one perspective, DoorDash is a bargain today. The same goes for Coinbase, UiPath, AppLovin, Oscar Health, Bumble and Qualtrics. Indeed, if you pick nearly any 2021 technology IPO and compare its debut price to where it trades today, you will find that the market is offering yesteryear’s standouts at a massive discount. So much
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Verlinvest, a family-backed, “evergreen”, growth fund investor, that has previously funded a few well-known consumer brands like Oatly, Vita Coco, Tony’s Chocolonely, Who Gives A Crap, Pedego, Chewy.com, Hint & others, is getting into the venture game. After putting around €50m into VC initiatives globally, it’s now embarking on being the kick-starter LP in a
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Meet Revyze, a French startup that is developing a mobile app for iOS and Android at the intersection of education and social. In many ways, Revyze looks just like TikTok. But it is focused specifically on educational content for teenagers. “We talked with kids attending 30 or 35 different high schools,” co-founder Florent Sciberras told
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Emily Chang speaks with Mark Gurman about Apple’s shift to the lightning charging port and how this pivot brings them closer to a wireless-first future. ——– 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 here: Get the latest in tech from Silicon
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Netflix announced today that it has launched “Profile Transfer,” a feature that lets a member on an existing account switch to a brand-new account without rebuilding their profile. This prevents their personal data from being erased like customized recommendations, viewing history, list of favorite shows/movies, and other settings that could be annoying to lose and
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Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion, today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC. The tranche values the company at $1 billion post-money, according to
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