Tag: Innovation

(Innovation/Technology) Backed by YC, Vendease is building Amazon Prime for restaurants in Africa (TechCrunch)

Tage Kene-Okafor For small and mid-sized restaurants in Nigeria and most of Africa, food procurement can be a complex process to manage. https://techcrunch.com/2021/03/19/backed-by-yc-vendease-is-building-amazon-prime-for-restaurants-in-africa/

(Innovation/Technology) Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round (TechCrunch)

Rita Liao Across the street from Suzhou North, a high-speed railway station in a historic city near Shanghai, a futuristic M-shaped building easily catches the...

(Innovation/Technology) Fortify raises a $20M Series B for its composite manufacturing 3D printer (TechCrunch)

Brian Heater There’s been quite a bit of movement in the additive manufacturing space in recent months. If I had to pinpoint a reason, I...

(Innovation/Technology) Ford to build some F-150 trucks without certain parts due to global chip shortage (TechCrunch)

Kirsten Korosec Ford said Thursday that some some Ford F-150 pickup trucks and Edge crossover without certain electronic modules due to a twofold punch of...

(Innovation/Technology) Fort raises $13M for its robotics safety software (TechCrunch)

Brian Heater Fort Robotics today announced a $13 million raise. Led by Prime Movers Lab, the round also features Prologis Ventures, Quiet Capital, Lemnos Labs, Creative...

(Innovation/Technology) Slovakian GA Drilling has been awarded the “Solar Impulse Efficient Solution” (Euractiv) label (Euractiv)

Advanced plasma-based technology “PLASMABIT®” has been recognized by the Solar Impulse Foundation as a possible game-changer that combines incremental environmental benefit and profitability. https://www.euractiv.com/section/energy/opinion/slovakian-ga-drilling-has-been-awarded-the-solar-impulse-efficient-solution-label/

(Innovation/Technology) Coinbase pegs valuation at $68bn ahead of landmark listing (Al Jazeera)

Coinbase Global, the biggest US cryptocurrency exchange, says recent private market transactions value the firm at around $68bn. https://www.aljazeera.com/economy/2021/3/17/coinbase-pegs-valuation-at-68bn-ahead-of-landmark-listing

(Innovation/Technology) Climate concerns to crime: Bitcoin’s dark side draws scrutiny (Al Jazeera)

Ben Piven Bitcoin has enjoyed a blistering rally since last fall, but that ascent has also renewed attention on environmental, social and governance concerns surrounding...

(Innovation/Technology) Capdesk raises £5m Series A extension led by Fidelity International Strategic Ventures (TechCrunch)

Mike Butcher Capdesk, an equity management platform, has raised a £5m Series A extension led by Fidelity International Strategic Ventures and MiddleGame Ventures. https://techcrunch.com/2021/03/17/capdesk-raises-5m-series-a-extension-led-by-fidelity-international-strategic-ventures/

(Innovation/Technology) Dija acquires Cambridge-based Genie to expand its 10 minute grocery service across UK (TechCrunch)

Steve O'Hear Dija, the London-based grocery delivery startup backed by Blossom Capital, Creandum and Index Ventures, has acquired Cambridge, U.K.-based Genie, in what looks in...

(Innovation/Technology) Whereby, which allows more collaboration over video calls, raises $12M from Point Nine and 20 Angels (TechCrunch)

Mike Butcher Zoom, Microsoft and Google all rocketed to the top of the charts in the virtual meetings stakes during the pandemic but a plucky...

(Innovation/Technology) How localization leader Iyuno Media Group opens entertainment to international audiences (TechCrunch)

Catherine Shu Video streaming platforms have signed up more subscribers during Covid-19 lockdowns, and that growth is expected to continue after the pandemic, showcasing more international...

(Innovation/Technology) On Friday the EU will put startup-friendly legislation to member states – will they sign up? (TechCrunch)

Mike Butcher This Friday, the European Commission will be launching a ‘legislative instrument’ called the EU Startup Nations Standard (SNS) at its annual Digital Day. https://techcrunch.com/2021/03/17/on-friday-the-eu-will-put-startup-friendly-legislation-to-member-states-will-they-sign-up/

(Innovation/Technology) Nigeria’s Plentywaka gets backing from Techstars, plans expansion to Canada (TechCrunch)

Tage Kene-Okafor Plentywaka, a Nigerian bus-booking platform, today announced that it has been accepted into the Techstars Toronto accelerator program. https://techcrunch.com/2021/03/17/nigerias-plentywaka-gets-backing-from-techstars-plans-expansion-to-canada/

(Innovation/Technology) Norrsken Foundation is closing on an oversubscribed impact venture fund at €125 million (TechCrunch)

Jonathan Shieber About four years ago, social impact organization Norrsken Foundation launched a small program investing around €30 million in capital it had received from its wealthy...

(Innovation/Technology) Uber says it will treat UK drivers as workers in wake of Supreme Court ruling (TechCrunch)

Kirsten Korosec, Natasha Lomas Uber said Tuesday that drivers in the UK who use its ride-hailing app will be treated as workers, a designation that will...