Category: articles
Socure raises $100M at $1.3B valuation, proving identity verification is hotter than ever
The COVID-19 pandemic has accelerated digital adoption in a way that no one could have ever anticipated, and as more people conduct more services online and via mobile devices, businesses have had to work even harder to validate users and security. One company working to serve that need, Socure —…
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InBalance Research forecasts demand for energy suppliers to ensure they optimize distribution
From distributed homes in Cambridge, Mass. and Cambridge, England, inBalance Research is joining Y Combinator as it looks to accelerate its business as the oracle for independent energy providers, utilities, and market makers. Selling a service it calls Delphi, the very early stage startup is hoping to provide analysis for…
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Softbank, Demeter and Coparion invest $3M into Plan A’s B2B carbon monitoring and ESG platform
Plan A, a Berlin-based automated SaaS B2B startup, has raised $3 million for its platform that lets companies measure, monitor, reduce and report their environmental footprint thus improving their ESG ratings. French VC Demeter led the round, with German VC Coparion and Softbank joined the round as a strategic investor.…
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Identiq, a privacy-friendly fraud prevention startup, secures $47M at Series A
Israeli fraud prevention startup Identiq has raised $47 million at Series A as the company eyes international growth, driven in large part by the spike in online spending during the pandemic. The round was led by Insight Partners and Entrée Capital, with participation from Amdocs, Sony Innovation Fund by IGV,…
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Firms backed by Robert Downey Jr. and Bill Gates have funded an electric motor company that slashes energy consumption
Sometimes the smallest innovations can have the biggest impacts on the world’s efforts to stop global climate change. Arguably, one of the biggest contributors in the fight against climate change to date has been the switch to the humble LED light, which has slashed hundreds of millions of tons of…
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Geothermal startups get another boost from Chevron as the oil giant backs a geothermal project developer
The U.S.-based oil major Chevron is doubling down on its investment in geothermal power by investing in a Swedish developer of low-temperature geothermal and heat power projects called Baseload Capital. Oil companies are under pressure to find new lines of business as the world prepares for a massive shift to…
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