Wednesday, October 25, 2023

Amazon brings conversational AI to kids with launch of ‘Explore with Alexa’

Amazon’s Echo devices will now allow kids to have interactive conversations with an AI-powered Alexa via a new feature called “Explore with Alexa.” First announced in September, the addition to the Amazon Kids+ content subscription allows children to have kid-friendly conversations with Alexa, powered by generative AI, but in a protected fashion designed to ensure […]

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Coach’s knitwear supplier bets $1M on Jellibeans’ fashion prediction tech

In fashion design, success is often determined by talent, hard work and a sprinkle of luck. In the era of big and artificial intelligence, however, fashion design has become somewhat more predictable. Leveraging both realms of technologies, California-based Jellibeans has built a set of software that analyzes fashion trends and tells users where their designs […]

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AWS announces ‘sovereign cloud’ to support data residency in Europe

Amazon is joining the list of big tech companies to introduce a dedicated independent cloud for Europe, with news that it’s working on the “AWS European Sovereign Cloud” for governments and highly-regulated industries across Europe. AWS’s cloud rival Google partnered with Deutsche Telekom’s IT services and consulting subsidiary T-Systems more than two years ago to offer […]

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Google is actively looking to insert different types of ads in its generative AI search

Google confirmed on its earnings call that it is working on different ad formats for its generative AI-powered search experience — Google shared some ideas earlier this year and the mention in the earnings call could indicate that a rollout could happen sooner rather than later. This project is particularly important for the company as […]

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Sukhiba eyes expansion to power WhatsApp conversational commerce in Africa

The social commerce market size in Africa is expected to continue growing as businesses and micro-entrepreneurs embrace digital media, driven by the rising usage of apps like WhatsApp, TikTok and Instagram. Yet even as sellers leverage these social sites for online presence to showcase their products and connect with customers, the end-to-end buying experience is […]

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Lab-grown leather scales up as Gozen raises $3.3M from Happiness Capital, SoSV and others

Whether we like it or not, the leather industry significantly contributes to greenhouse gas (GHG) emissions and global waste generation. The current methods used to fulfil the increasing demand for leather involve a fairly simple, and completely unsustainable solution: simply raising more livestock (which contribute about 14% of global greenhouse gas emissions). However, there are […]

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Adapting to the climate crisis with Jonas Torland from 7Analytics

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom talk about the seemingly endless slate of rainy Saturdays here on the east coast. Thankfully, this episode’s guest, Jonas Torland of 7Analytics, is helping us feel a little less gloomy about the current effects of climate change. Bergen, […]


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Tuesday, October 24, 2023

Triple-A gets funding from Peak XV to help more businesses use crypto

Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions for businesses. It enables clients to pay in or accept crypto and get fiat money in their bank accounts the next day. Triple-A announced today it has raised […]

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California agency pulls Cruise’s commercial robotaxi permit following DMV action

The California Public Utilities Commission has suspended Cruise’s authority to carry and charge passengers for its robotaxi service, following similar action from the state’s Department of Motor Vehicles. The CPUC is also “independently carrying out investigatory activities into recent incidents involving passenger service,” Terrie Prosper, director of news and outreach at the CPUC, told TechCrunch. […]

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Robotaxi pushback grows in Los Angeles as Cruise loses permits

Less than a month after Waymo’s Los Angeles County expansion, labor organizers and an LA lawmaker are calling for new autonomous-vehicle regulations. On Tuesday, the office of LA Councilmember Hugo Soto-Martínez said he will introduce a motion “urging officials in the state to address public safety concerns around autonomous vehicles and reign in the expansion […]

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WorkMagic wants to automate all the marketing tasks for Shopify sellers

There’s no shortage of startups trying to automate marketing tasks by using generative AI. For WorkMagic, the target users are the millions of small-scale Shopify sellers who it believes can benefit immensely from cost savings in their marketing efforts. Founded in June, WorkMagic offers a full-stack platform that handles everything from image and copy generation […]

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D-ID’s newest app uses AI to make videos from photographs

D-ID, the Tel Aviv-based startup best known as the tech behind those viral videos of animated family photos, is bringing its AI video technology to a new mobile app, launching today. Originally available as a web platform, D-ID’s Creative Reality Studio allows users to upload a still image and script and then turn that into […]

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In the wake of Dash’s closure due to fraud, 5 investors talk due diligence in Africa

It’s been a tough year for tech startups globally. These struggles have manifested in layoffs, down rounds and complete shutdowns caused by current market conditions, utter mismanagement or fraud. This August, SoftBank sued one of its portfolio companies, IRL, a social media platform poised to become an event organizing alternative for Gen Zs, for fraud. Earlier […]

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New solar mini-grids in Africa to be powered by Husk Power Systems’ $103M Series D

Husk Power Systems, a clean energy company at the forefront of fueling rural electrification since 2008 and that announced plans to launch 500 solar mini-grids in Nigeria over the next five years, has raised $103 million Series D in equity and debt to meet its objectives. The capital injection includes $43 million in equity, which […]

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