It’s commonly held that solar panels need as much sun as they can get. That’s true, but only up to a point, as heat and other hazards can become a serious problem beyond that point, and solar panels can degrade pretty quickly. SmartHelio wants to help prevent that from happening. The startup uses AI tech…
Bondaval, the London-based B2B insurtech that gives credit teams assurance that customers will fulfill their financial obligations, has raised $15 million in Series A funding led by Talis Capital. The round included participation from returning investors Octopus Ventures, Insurtech Gateway Ltd, Truesight and Expa, and new investors FJ Labs and Broadhaven Ventures. Talis Capital general…
Paytm will spend up to $127 million to repurchase it shares, the company’s board approved on Tuesday, as the Indian financial services firm looks to calm investors after a tumultuous period that has wiped about 60% value from its shares this year. The Noida-headquartered firm, which went public late last year, made the proposal last…
Twitter founder Jack Dorsey issued a warning on the social network’s state and prospects, saying it meets none of the standards he hoped to achieve and that harassment of its staff is shortsighted and dangerous. It’s time to move on, as he’s said before, and to that end he’s funding new efforts in “open internet…
It’s official: A U.S. Department of Energy lab produced a controlled nuclear fusion reaction that released more energy than it consumed. On December 5, just after 1:03 a.m., 192 lasers at the National Ignition Facility converged on a small gold cylinder that contained a tiny bead of fuel composed of two isotopes of hydrogen, deuterium…
The U.S. Securities and Exchange Commission (SEC) has officially charged disgraced FTX founder Sam Bankman-Fried (aka SBF) with defrauding investors, it revealed on Tuesday morning follwing his arrest in the Bahamas. The SEC said in a press release that in addition to being charges with fraud regarding equity investors in FTX, he’s also being investigated regarding…
HR organizations are faced with a widening skills gap, economic headwinds and changing expectations around work. It’s no surprise, then, that burnout and exhaustion are widespread in HR, with one survey finding that 42% of teams are struggling under the weight of too many projects and responsibilities. Change starts with personnel and management, some might…
Sunday was a landmark day for both commercial and public space ventures, with NASA’s Orion capsule returning to Earth just hours after the launch of a privately funded and built lunar lander by Japanese company ispace. The two missions — the conclusion of NASA’s Artemis I and ispace’s Mission 1 — are some of the…
TL;DR: Enough to hit the milestones to raise your next round of funding The correct amount of money to raise for your startup is “as much as you need to hit the milestones to raise your next round of funding.” It isn’t rocket science, and yet, the vast majority of founders I talk to are…
Playtika, the Israeli tech company that made its name with through a series of wildly successful online gambling and gaming titles with hundreds of millions of players, is leveling the latest swing of the layoffs pendulum. The company today has confirmed that it is laying of 15% of its staff. Playtika currently employs 4,100, so…
