Category: TC
Pivot Bio rakes in $430M round D as modified microbes prove their worth in agriculture
Pivot Bio makes fertilizer — but not directly. Its modified microorganisms are added to soil and they produce nitrogen that would otherwise have to be trucked in and dumped there. This biotech-powered approach can save farmers money and time and ultimately may be easier on the environment — a huge…
Read More
Maine’s facial recognition law shows bipartisan support for protecting privacy
Alison Beyea Contributor Michael Kebede Contributor Maine has joined a growing number of cities, counties and states that are rejecting dangerously biased surveillance technologies like facial recognition. The new law, which is the strongest statewide facial recognition law in the country, not only received broad, bipartisan support, but it passed…
Read More
RxAll grabs $3.15M to scale its drug checking and counterfeiting tech across Africa
Research says that counterfeit medication is the cause of 1 million deaths per year. One-tenth of this number comes from Africa. Counterfeiting is hard to detect, investigate, quantify or stop. It is a global problem, with annual earnings from substandard drugs standing at over $100 billion. Some technologies have helped…
Read More
Blue Origin’s New Shepard carries Jeff Bezos and three crew members to space and back
Blue Origin successfully completed its first crewed launch Tuesday, sending four human passengers to space – including the company’s founder, Jeff Bezos. The result of billions of dollars of investment, dozens of test launches and some petty squabbling amongst ultra-rich founders, the triumph of the New Shepard, along with that…
Read More
Capchase raises $280M to scale its financing platform for subscription businesses
Almost overnight, platforms that offer non-dilutive capital for recurring revenue businesses have become white-hot. It was only in March that Pipe — which aims to be the “Nasdaq for revenue” — raised $150 million, but two months later had raised $250 million at a $2 billion valuation. This fever is…
Read More
Speedinvest launches second $70.8M fund aimed at specialist marketplaces and consumer startups
Pan-European early-stage VC Speedinvest has reached the final close for its second fund aimed at specialist marketplaces and consumer startups. Aside from institutional LPs, the €60m / $70.8M fund was also backed by marketplace founders and executives including those from Ankorstore, Vinted, TradingView, Planetly, and others. Jörg Gerbig, COO of…
Read More