"If you're not making money, you're not having impact," said ArcTern Ventures managing partner Murray McCaig.
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Monday, January 22, 2024
It’s a good time to invest in early-stage edtech, investors say
It would be shortsighted to overlook edtech amid the present downturn, especially now that AI is disrupting nearly every industry out there.
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Can crypto’s recent wins resurrect venture interest?
Like a tenacious balloon, no matter how hard crypto gets knocked down, it tends to float back up again. But the current crypto bust looks a bit different.
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Day One gets more social with a new collaborative ‘Shared Journals’ feature
Journal app Day One is introducing Shared Journals, a new social feature that lets you share stories and memories with your friends and family. Shared Journals are a private space where you and your friends can share life updates with each other. It’s kind of like a small social network where you can share experiences […]
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Exxon throws a fit over shareholders exercising their rights
The oil supermajor filed a lawsuit in federal court asking for permission to ignore a shareholder resolution, sidestepping the SEC.
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Voice cloning startup ElevenLabs lands $80M, achieves unicorn status
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http://dlvr.it/T1jJ4R
Sunday, January 21, 2024
Sony tells Zee it’s terminating the $10 billion India merger
Sony called off the merger between its India unit and Zee Entertainment on Monday, ending a two-year acquisition deliberation that would have created a $10 billion media powerhouse in the South Asian market. Sony said in a statement that it has sent a termination letter to Zee after the Indian firm failed to meet the […]
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Terraform Labs files for Chapter 11 bankruptcy
Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022. Terraform Labs, which confirmed its Chapter 11 bankruptcy protection filing, said the filing is “a strategic step that will enable it to continue its operations and support litigation […]
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India’s Captain Fresh in talks to raise $50 million in new funding
Captain Fresh, a business-to-business harvest-to-retail marketplace for animal protein, is engaging with investors to raise up to $50 million in fresh funding, according to sources familiar with the matter. The startup is in advanced stages of deliberations to raise the capital from Nekkanti Sea Foods, SBI Investment, Evolvence, Tiger Global, and Prosus Ventures, the sources […]
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Kenyan agtech Shamba Pride raises $3.7M to grow its merchant network
Shamba Pride has since 2016 worked to enhance last-mile distribution for farm inputs and tackle price exploitation and quality issues for farmers through its merchant network dubbed digishops. The agtech has, so far, built a network of merchants (agro-dealers) extending across 24 counties in Kenya, which represents just over half of the country. It now […]
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After 12 years, Ripple’s president sees its payment and enterprise businesses evolving further
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http://dlvr.it/T1h8ps
Flexport taps Shopify for cash, behind the wheel of the Kia EV9 and where Amazon wants to invest
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome to TechCrunch Mobility – the same weekly newsletter you’ve been reading, but with a new name and a few changes. Don’t worry, this […]
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After 12 years, Ripple’s president sees its payment and enterprise businesses evolving further
Distinct from the Ripple network and protocol, the XRP Ledger is a decentralized public ledger with an open-source code base that anyone can contribute to or use.
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Lamborghini licenses MIT’s new high-capacity, fast-charging organic battery tech
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http://dlvr.it/T1gwHZ
It’s fun watching fintech startups grow
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http://dlvr.it/T1gw6j