Apptronik readies its humanoid robot for a summer unveil

Jeff Cardenas pulls out his MacBook. Apptronik’s co-founder and CEO has a slideshow he wants to show, running down the Austin startup’s seven-year history. It does, indeed, take a bit of contextualizing. Like many fellow robotics firms, the company was fueled by government contracts in its earliest days. First up was Valkyrie 2, the second…

E3 Capital and Lion’s Head climate fund hits first close at $48M to back African startups

The E3 Low Carbon Economy Fund for Africa (E3LCEF), a fund by early-stage VC E3 Capital (formerly Energy Access Ventures), and emerging markets-focused investment bank Lion’s Head Global Partners, has hit the first close at $48.1 million. The E3LCEF limited partners include FMO, the Dutch entrepreneurial development bank; Swedfund International AB, the Swedish development finance…

Reliance JioMart to cut 11,000 jobs, report says

JioMart, Reliance Retail’s online shopping platform, has laid off over 1,000 employees and plans to cut as many as 9,900 more roles over the coming weeks, according to a report, as the Indian retail giant looks to improve its margins. The shakeup, reported by the Indian daily Economic Times, comes in the wake of JioMart’s…

Max Q: Double the fun

Hello and welcome back to Max Q! In this issue: Blue Origin lands major NASA contract News from SpaceX, and more NASA picks Blue Origin-led team to build second human landing system on the moon, joining SpaceX NASA has chosen a Blue Origin-led team to develop a second lunar landing system for the Artemis program,…

Dish says ransomware gang stole almost 300,000 employee records

U.S. satellite television giant Dish has confirmed that hackers stole the personal information of almost 300,000 individuals during a February ransomware attack. In a data breach notification filed with Maine’s attorney general last week, Dish said that while customer databases were unaffected by the incident, hackers accessed hundreds of thousands of employee-related records during the…