Category Archives: Tech

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Agicap secures $48 million for its cash flow management platform

On average, Agicap’s clients manage 15 different bank accounts each. So the chief financial officers (CFOs) working for these companies sometimes struggle to make sure that there will be enough money in the right bank account to pay employees and … Continue reading

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Ecosia and Qwant, two European search engines, join forces on building an index to shrink reliance on Big Tech

Qwant, France’s privacy-focused search engine, and Ecosia, a Berlin-based not-for-profit search engine that uses ad revenue to fund tree planting and other climate-focused initiatives, are joining forces on a joint venture to develop their own European search index. The pair … Continue reading

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As demand for lithium explodes, battery recycling startup Tozero sprints to scale with $11.7M seed

Tozero, a Munich-based startup that recovers valuable raw materials from recycled lithium-ion batteries, is gearing up to scale. The startup just closed an oversubscribed €11 million seed round (around $11.7M) to step up production by building its first industrial deployment … Continue reading

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SmartBank secures $26M for its personal finance management app

The majority of the aging population in Japan still prefers using cash for transactions, according to a recent report citing government data. In 2023, cashless transactions in Japan totaled 126.7 trillion yen ($885 billion), accounting for 39.3 percent of all … Continue reading

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Bitcoin is closing in on $90,000 for the first time ever

Bitcoin was trading just shy of $90,000 Monday night after it blasted through the $80,000 level over the weekend.

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DNA-testing site 23andMe to lay off 40% of its workers

The once-popular general DNA-testing firm holds a trove of sensitive genetic data from its customers.

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Indonesian VC firm Intudo raises $125M across two funds

Intudo, the Indonesia-only venture capital firm, said it has raised $125 million across two investment funds — $75 million for Intudo Ventures IV, and $50 million for another fund that will invest in downstream natural resources and renewable energy. Intudo … Continue reading

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European Google rivals partner on search engine infrastructure to counter Big Tech

Ecosia and Qwant are partnering to build a European search index and reduce their dependence on U.S. Big Tech firms.

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Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Tesla’s 39% surge since Donald Trump’s election victory last week has lifted Elon Musk’s net worth by about $70 billion.

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Lightspeed doubles down on Wheelocity as it pivots to rural India commerce

Lightspeed has led Wheelocity’s $15 million round as the startup pivots to rural India commerce. © 2024 TechCrunch. All rights reserved. For personal use only.

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