Insurtech is finding out It’s been an awful week for public neoinsurance companies. A subsector of the larger insurtech world, neoinsurance providers tackled a number of insurance categories using a blend of modern app design and machine learning in hopes of creating more user-friendly and profitable insurance products. The idea proved attractive to venture capitalists,…
The dollars keep flowing into Latin America. Today, Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of $2.45 billion. SoftBank Latin America Fund and affiliates of China-based Tencent co-led the round, which included participation from a slew of existing backers including funds…
The dollars keep flowing into Latin America. Today, Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of $2.45 billion. SoftBank Latin America Fund and affiliates of China-based Tencent co-led the round, which included participation from a slew of existing backers including funds…
The dollars keep flowing into Latin America. Today, Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of $2.45 billion. SoftBank Latin America Fund and affiliates of China-based Tencent co-led the round, which included participation from a slew of existing backers including funds…
The dollars keep flowing into Latin America. Today, Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of $2.45 billion. SoftBank Latin America Fund and affiliates of China-based Tencent co-led the round, which included participation from a slew of existing backers including funds…
Nokia and the city of Melbourne, Australia have conducted a trial using Nokia Scene Analytics artificial intelligence (AI) technology to develop a deeper understanding of waste disposal behavior, the vendor said in a release. This will allow the city to tackle the issue of waste dumping more efficiently and keep laneways more clean,…
Are our roads and transportation systems ready for the mass return to office? A new study says probably not—and I would agree. Let’s take a closer look. At the end of July, the U.S. Chamber of Commerce Foundation and RoadBotics released a study that assessed 75 miles of roadway in 20 cities selected to represent…
A core goal for Elon Musk when starting Tesla was to move the world away from fossil fuel-burning internal combustion engines. While Musk has done a tremendous job of making electric vehicles cool and appealing, Tesla seemingly didn’t consider the merits of EV preservation. Last year, Tesla began locking out salvaged vehicles — those that…
Ford has deployed two new robots called Shelby and Miles to help the automaker test its cars in extreme environmental conditions. The robots are based at Ford’s Weather Factory, which opened in Cologne, Germany, in 2018. You can see Shelby (or is it Miles?) in action in the video above, pressing various knobs and pedals…
Smart cities will be key in tackling climate change, but research suggests that public awareness of that fact is low. According to research from Milestone Systems, 80 percent of Brits want their local authority to take more action to fight climate change. 230 councils in the UK have already declared a climate emergency in their…
