Monday, June 12, 2023

Venture firm Black Seed raises £5M inaugural fund to invest in Black founders

Many Black founders in the U.K. are overmentored yet underfunded. This firm cuts straight to the chase by writing checks.

Venture firm Black Seed raises £5M inaugural fund to invest in Black founders by Dominic-Madori Davis originally published on TechCrunch

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Nasdaq to acquire financial services software company Adenza from Thoma Bravo for $10.5B

Nasdaq today revealed that it’s doling out $10.5 billion to acquire Adenza, a company that develops risk-management and related regulatory software for the financial services market. The megabucks deal, which constitues an even mix of cash and stock, will extend Nasdaq’s serviceable addressable market (SAM) to $34 billion, the company said in press release today, $10 […]

Nasdaq to acquire financial services software company Adenza from Thoma Bravo for $10.5B by Paul Sawers originally published on TechCrunch

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Percepto flies high with $67M for its industrial drones

Percepto, a drone startup that is building a sizable business with its software and hardware for industrial drone applications, is today announcing a big round of funding to take its operations to the next level — both literally and figuratively. The startup — headquartered in Austin, Texas, but founded and with roots in Israel — […]

Percepto flies high with $67M for its industrial drones by Ingrid Lunden originally published on TechCrunch

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Former Samsung exec accused of stealing data to build copycat chip plant in China

A former executive of Samsung Electronics allegedly stole the memory chip juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors said on Monday. The 65-year-old defendant, who also previously worked for Korean chipmaker SK Hynix, has been arrested and accused of violating industrial technology protection laws and stealing trade […]

Former Samsung exec accused of stealing data to build copycat chip plant in China by Kate Park originally published on TechCrunch

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London lures a16z’s first international office with ‘predictable’ crypto regs

US VC giant Andreessen Horowitz — which has about $35bn in assets under management — is to open its first (yes, the first) international office in London, led by one of the firm’s general partners, Sriram Krishnan. The office will focus on supporting the development of Crypto, blockchain technologies and associated Web3 startups. a16z has […]

London lures a16z’s first international office with ‘predictable’ crypto regs by Mike Butcher originally published on TechCrunch

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Nigeria’s Termii to launch mobile app and scale customer engagement business with new funding

Nigerian communications platform-as-a-service startup Termii has raised $3.65 million in new financing, bringing its total funding to date to slightly $5 million. According to CEO Gbolade Emmanuel, in a chat with TechCrunch, the funds are not needed for operational activities but rather to power the company’s expansion initiatives: developing and promoting existing and new products […]

Nigeria’s Termii to launch mobile app and scale customer engagement business with new funding by Tage Kene-Okafor originally published on TechCrunch

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Tiki, a popular short video app in India, to shut down

Tiki, a short-form video app, is set to cease operations in India on June 27, the latest addition to a growing roster of businesses that have faltered in their attempts to cash in on the void created by New Delhi’s ban on TikTok in the South Asian market. “We regret to inform you that Tiki will […] Tiki, a popular short video app in India, to shut down by Manish Singh originally published on TechCrunch
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Sunday, June 11, 2023

Djust is a new commerce platform focused exclusively on B2B transactions

Meet Djust, a French startup that essentially wants to build an e-commerce platform like Mirakl, but focused exclusively on business-to-business (B2B) activities. The company recently raised a $13 million funding round (€12 million). NEA is leading the most recent funding round, with Elaia Partners also investing in the company. Elaia previously led Djust’s $4 million […]

Djust is a new commerce platform focused exclusively on B2B transactions by Romain Dillet originally published on TechCrunch

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Nio said not to join China’s EV price war. Now it’s cutting $4K across all models

Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the world’s largest auto market, where BYD, the 28-year-old, Shenzhen-based company known for its affordable hybrid […]

Nio said not to join China’s EV price war. Now it’s cutting $4K across all models by Rita Liao originally published on TechCrunch

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Tesla fuels an EV charging standards war

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]

Tesla fuels an EV charging standards war by Kirsten Korosec originally published on TechCrunch

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Tiki, a popular short video app in India, to shut down

Tiki, a short-form video app, is set to cease operations in India on June 27, the latest addition to a growing roster of businesses that have faltered in their attempts to cash in on the void created by New Delhi’s ban on TikTok in the South Asian market. “We regret to inform you that Tiki will […]

Tiki, a popular short video app in India, to shut down by Manish Singh originally published on TechCrunch

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This week in foodtech: Cultivated meat is still a sizzling topic

If you’re adventurous with your food, or just like to keep up with the fast-moving foodtech industry, here’s a roundup of this week’s stories and some notable news we weren’t able to cover. This week in foodtech: Cultivated meat is still a sizzling topic by Christine Hall originally published on TechCrunch
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Saturday, June 10, 2023

Apple unveils the Vision Pro, iOS 17 brings new features, and WhatsApp launches Channels

Hello, friends, and welcome to Week in Review, TechCrunch’s regular digest of the top tech news over the past several days. Sign up here to get it in your inbox every Saturday. It’s where we highlight the key stories in the week that was (Apple Vision Pro, anyone?) and other goings on around the TC […]

Apple unveils the Vision Pro, iOS 17 brings new features, and WhatsApp launches Channels by Kyle Wiggers originally published on TechCrunch

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Can AI make older adults feel less lonely?

In the era of quick judgments, it's tempting to think we are more clever than anyone else. But from AI to Apple to senior tech, underestimating others comes at a risk: being seriously wrong.

Can AI make older adults feel less lonely? by Anna Heim originally published on TechCrunch

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