The potential of Cercli's payroll platform has attracted investor interest, leading to $4 million in seed funding.
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Monday, September 2, 2024
‘Hospital at home’ startup Doccla raises $46 million for its European expansion
Hospitals around the world regularly face bed shortages — an issue that can get exacerbated to breaking point when a health scare or other large-scale disaster occurs. A startup called Doccla is bringing technology to bear address the issue: it’s building “virtual bed” tech to help doctors remotely manage patients who have either been discharged […]
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BigEndian founders hope to use their deep chip experience to help establish India in semiconductors
India's fabless semiconductor startup BigEndian has raised $3 million in a seed round led by Vertex Ventures SEA and India.
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SparkLabs closes $50M fund to back AI startups
SparkLabs — an early-stage venture capital firm that has made a name for itself for backing OpenAI as well as a host of other AI startups such as Vectara, Allganize, Kneron, Anthropic, xAI, Glade (YC S23) and Lucidya AI — is gearing up to double down more startups in the space. The VC firm announced […]
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Accel, Docker and Redis will discuss what’s next in open source as a business model at TechCrunch Disrupt 2024
As companies grapple with the challenge of developing a sustainable business without sacrificing their core principles, open source has evolved from a niche approach to software development into the business model of many successful tech companies. Its principles of transparency and collaboration have fueled innovation, but balancing these ideals with the practical demands of leading […]
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Customers of Indian crypto exchange WazirX unlikely to recover full funds
Customers of WazirX, the Indian cryptocurrency exchange that suffered a $234 million hack in July, are unlikely to recover their funds in full through the ongoing restructuring process, a company legal adviser said on Monday. George Gwee, a director at restructuring firm Kroll working with WazirX, said that at least 43% of the money any […]
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Why do so many home robots still suck?
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From InstaDeep to Paystack: Here are Africa’s biggest startup exits and how much they raised
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Sunday, September 1, 2024
Validus, a Singapore-based digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia
Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the proceeds to support the financial inclusion of micro, small and medium enterprises (MSMEs) in Indonesia, addressing the challenges they face in accessing financial resources. With […]
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Apple may ditch those old familiar USB-A ports in the new Mac mini
The Mac mini will be the next Apple device to say goodbye to USB-A, according to Bloomberg’s Mark Gurman. Apple customers have probably gotten used to seeing the familiar, rectangular USB-A ports replaced with their thinner USB-C siblings. And while USB-C has its advantages, the transition can sometimes leave users confused and scrambling for adapters. […]
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The case against AI art
No matter who powerful generative AI becomes, writer Ted Chiang says it will never create true art. Chiang is one of the most admired science fiction authors writing today, best known for the novella “Story Of Your Life” (which was adapted into the movie “Arrival”). But he’s also published terrific pieces for The New Yorker […]
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Palantir’s CTO, and 13th employee, has become a secret weapon for Valley defense tech startups
Palantir CTO Shyam Sankar is determined to help Palantir become a driving force for defense tech startups.
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From InstaDeep to Paystack: Here are Africa’s biggest startup exits and how much they raised
As we continue to monitor the growth of Africa's tech ecosystem, it’s essential to highlight and analyze the biggest disclosed acquisitions.
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Investors are already valuing OpenAI at over $100B on the secondaries market
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Saturday, August 31, 2024
Bolt reportedly threatens legal action against Silverbear Capital
In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose involvement in the deal remains in some dispute. “We believe there was some internal miscommunication at Silverbear Capital, one of our lead investors, which has […]
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