Elvaco adopts Coiote IoT Device Management Platform

Elvaco, a provider of end-to-end metering solutions, has announced the successful integration of the Coiote IoT Device Management Platform. Elvaco serves utilities and real estate companies worldwide. The implementation of the Coiote IoT platform aims to streamline operations, enhance product capabilities, and reinforce Elvaco’s market presence. The impetus behind the adoption of the platform was…

AI automation could resurrect startup valuations

AI technologies will help make startups leaner and more cost effective, according to a recent report from Battery Ventures. In turn, Battery anticipates that lower-burn startups will be worth more provided that their growth rates remain attractive. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter…

Shekel Mobility, a B2B marketplace for auto dealers in Africa, raises $7M led by Ventures Platform and MaC VC

The World Economic Forum states that Africa has an average annual demand for 2.4 million cars and 300,000 commercial vehicles. This demand is increasing because of a continent-wide increase in disposable income, strong middle-class growth and rapid urbanization. But while most cars meeting this demand are used, car ownership in Africa is less than 45…

Chinese Hackers Launch Covert Espionage Attacks on 24 Cambodian Organizations

Nov 13, 2023NewsroomNational Security / Cyber Attack Cybersecurity researchers have discovered what they say is malicious cyber activity orchestrated by two prominent Chinese nation-state hacking groups targeting 24 Cambodian government organizations. “This activity is believed to be part of a long-term espionage campaign,” Palo Alto Networks Unit 42 researchers said in a report last week.…