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Health talent startup Humanity Health lands $6 million to address barriers facing underrepresented leaders in healthcare and life sciences
Nickie Louise Posted On July 18, 2022


People of color represent less than 15% of executives in the largest US-based healthcare companies even though they represent 40% of the population. Now one startup is on a mission to change this trend by addressing the stubborn barriers to […]


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COTI to become a multi-token layer; hard fork testnet and MultiDAG 2.0 launch scheduled for August 2
Daniel Levi Posted On July 18, 2022


Back in March, we wrote about COTI after the organization announced a plan to define a new token standard for stablecoins issued on MultiDAG 2.0 that will be the equivalent of the ERC20 token standard on Ethereum. With MultiDAG 2.0 […]


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World’s largest cryptocurrency exchange Binance fined $3.35M over illegal operations and money laundering in the Netherlands
Daniel Levi Posted On July 18, 2022


Binance, the world’s largest cryptocurrency exchange, has been fined $3.35 million over illegal operations and violation of Dutch money-laundering laws in the Netherlands. In an announcement on Monday, the reserve bank of the Netherlands (DNB) said it fined Binance $3.35 million […]


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Richard Branson backs a $25M funding in Lightyear, a stock trading startup that aims to become Europe’s answer to Robinhood
Nickie Louise Posted On July 15, 2022


You all probably remember Robinhood, the controversial commission-free stock trading app that blocked Reddit Army from trading Gamestop and AMC stocks back in April 2021. Robinhood also restricted thousands of retail investors from trading Dogecoin. The notorious fintech startup has since lost over 75% […]


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Clean energy tech startup Monolith raises over $300M in funding to cut dependency on fossil fuels using clean hydrogen
Daniel Levi Posted On July 15, 2022


The impacts of climate change are global in scope, unprecedented in scale, and can no longer be denied. According to multiple studies, the burning of fossil fuels accounts for about 75% of global greenhouse gas emissions, which is the largest driver of climate […]


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The future of TikTok growth: Total TikTok users predicted to reach 2.6 billion by 2025, new study shows
Nickie Louise Posted On July 15, 2022


In less than five years, TikTok, the Chinese viral video-sharing app that started out as a joke, has emerged to become the most popular app in the world. In December 2021, TikTok dethroned Google to become the most visited website in the […]


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World’s largest NFT marketplace OpenSea to lay off 20% of its workforce as NFT sales plunged to $700M from $5 billion in Jan.
Nickie Louise Posted On July 14, 2022


OpenSea, the world’s largest non-fungible token (NFT) marketplace announced Thursday it is cutting about 20% of its workforce to reduce costs amid a prolonged slump in crypto-asset markets. The announcement comes just two months after the NFT marketplace was hit by a phishing […]


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Austria-based tech startup Storyblok launches a €1.5M fund to take headless technology mainstream
Nickie Louise Posted On July 14, 2022


Creating and delivering content to end-users is no longer just a question of implementing responsive design. Companies want their content to be easily distributed over different communication channels: websites, web and mobile applications, and connected objects. Traditional content management systems […]


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E-scooter use surges in Europe as a growing number of new riders ditch cars for e-bikes and scooters
Daniel Levi Posted On July 14, 2022


Transportation emits more carbon pollution than any other sector of the U.S. economy, making up about 29% of emissions, according to the US Department of Energy. But the US is not alone. Europe is also experiencing carbon emissions from millions […]


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Longtime Tesla autopilot and AI leader Andrej Karpathy resigns from the company
Nickie Louise Posted On July 14, 2022


It’s not been a good week for Tesla CEO Elon Musk. His week started out with a lawsuit from Twitter asking the billionaire to consummate the $44 billion merger agreement. Then yesterday, longtime Tesla Autopilot Executive Andrej Karpathy announced on […]


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Blockchain fintech startup Millicent successfully carries out world’s first test of a general purpose full-reserve digital currency
Nickie Louise Posted On July 14, 2022


As you may recall back in February, we wrote about Millicent after the distributed ledger fintech startup co-funded by the UK government’s R&D department received funding grants to build the next generation of digital finance. The award from the UK Research and Innovation […]


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Integrated Graphene to invest $9.5M to scale up the world’s first revolutionary 3D graphene foam
Nickie Louise Posted On July 13, 2022


Graphene is the thinnest material known to man. At just one atom thick, graphene is incredibly strong, about 200 times stronger than steel. Graphene has the potential to change the world, with a lot of promise in almost any industry. Its […]


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Spotify buys Wordle-inspired music recognition trivia gaming startup Heardle
Nickie Louise Posted On July 13, 2022


Music streaming giant Spotify announced on Tuesday it’s buying Heardle, the Wordle-inspired music recognition trivia game played by millions of users every day. The total amount of the deal was not disclosed. The acquisition is part of Spotify’s effort to diversify its revenue streams […]


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Airlift, Pakistan’s second-largest startup, shuts down as global downturn claims another tech casualty
Nickie Louise Posted On July 13, 2022


Last week, Voyager Digital filed for bankruptcy just a year after the crypto-asset broker startup raised $100 million in funding. Now, the ongoing global downturn has claimed another casualty. Today, Airlift, Pakistan’s second-largest startup, has shut down its operations in the […]


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Barcelona-based SaaS startup Stockagile raises $2.5 million to help small retailers manage the omnichannel experience
Nickie Louise Posted On July 12, 2022


Stockagile, an omnichannel management software designed to optimize and streamline inventory and sales management for SMEs, has raised $2.5 million (€2.5 million) in fresh funding led by Pan-European venture capital firm, Nauta Capital. Other backers include 4Founders Capital, Angels, Juan Roig’s investment firm part of […]


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Grocery delivery tech startup Gopuff lays off 10% of its global workforce; closes 76 U.S. warehouses
Daniel Levi Posted On July 12, 2022


Grocery delivery tech startup Gopuff announced today it is cutting off 10% of its global workforce and closing 76  warehouses in the United States, the company said in a letter to investors. The announcement comes just two months after the Pennsylvania-based startup received […]


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Alibaba’s fresh grocery delivery startup Freshippo to raise $500 million at a lower valuation of $6 billion
Nickie Louise Posted On July 12, 2022


Alibaba Group’s grocery chain Freshippo (also known as Hema in Chinese) is considering raising funds at a valuation of about $6 billion, which is $4 billion lower than the $10 billion valuation the startup had hoped for back in January of this […]


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This crypto hedge fund went from $10 billion to zero in just 3 months; founders gone missing
Nickie Louise Posted On July 12, 2022


BlockFi, Celsius Network, and Voyager Digital are just a few of the companies with exposure to now-bankrupt crypto hedge fund Three Arrows Capital (3AC). Now, Three Arrows is about to drag down other companies and crypto investors with it. As recently as March […]


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China’s XPeng Robotics raises $100 million in funding to bring smart robots to every household
Daniel Levi Posted On July 12, 2022


We’ve made great strides over the past few decades. A combination of new technological advancements like artificial intelligence, quantum computing, and robotics, is delivering that were once thought impossible. Last September, XPeng Robotics, a robotics arm of the Chinese EV maker XPeng, […]


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Europe’s most valuable fintech startup Klarna raises $800M in down round; valuation plunges to $6.7 billion from $45.6 billion a year ago
Nickie Louise Posted On July 12, 2022


In a sign that the Buy Now, Pay Later (BNPL) market is beginning to cool off, Europe’s most valuable fintech startup Klarna announced it has raised a massive $800 million in down round funding at a $6.7 billion valuation, an 85% plunge from $45.6 […]


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