The more of our world we share with robots, the more important it is to help them find their way. Founded in 2016, navigation is at the heart of what London-based SLAMcore does. In fact, it’s right there in the name — SLAM being a common robotics acronym for “Simultaneous localization and mapping.” The company…
It is the second day of NewFronts, and the announcements continue. Roku today said it will extend its content library in hopes to target audiences who are fans of lifestyle, cooking, home renovation, and reality television. The company has two new co-production deals with Marquee Brands and Milk Street Studios, giving The Roku Channel seven…
A new espionage actor is breaching corporate networks to steal emails from employees involved in big financial transactions like mergers and acquisitions. Mandiant researchers, which first discovered the advanced persistent threat (APT) group in December 2019 and now tracks it as “UNC3524”, says that while the group’s corporate targets hint at financial motivation, its longer-than-average…
Norway’s Pangea Trust, through its equity crowdfunding platform Connect, seeks to unlock diaspora remittance inflows as a source of funding for early and growth-stage startups in Africa. Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries. And as annual inflows grow, Pangea’s country…
Andreessen Horowitz, which made its maiden investment in India last year, is looking to get aggressive in the world’s second largest internet market. The Silicon Valley-based venture capital firm has earmarked about $500 million to back Indian startups, a source familiar with the matter told TechCrunch. The firm, which led a funding round in the…
Weeks after a historic victory for Amazon union organizers in Staten Island, a second location in the borough has soundly defeated plans to follow suit. The “no” vote scored a decisive victory this time out, at 618 to 380. In all, 998 of the 1,633 eligible workers cast a vote. With only two voided ballots,…
A former president at musical.ly (now known as TikTok), Alex Hofmann has already done something that seems impossible: he helped build an app that could compete with social giants like Meta, YouTube or Snapchat. After ByteDance acquired musical.ly for around $1 billion in 2018, Hofmann left the company to become an investor, but he soon…
In recent years, episodes of extreme climate crises and power outrages have driven doomsday preppers to plan for off-the-grid survival scenarios. The mentality has been a boon to EcoFlow, a Shenzhen-based power generating and storing unicorn, which racked up $220 million in revenues last year as consumers in the US demanded its solar-powered portable power…
QED incubated this auto financing company in 2016 and Kevin Bennett became CEO in 2018 and soon after raised its first seed round. It started as MotoRefi, and rebranded in November 2021 to Caribou. But the mission remains: Transforming consumers’ financial relationship with their cars. Since the founding, Bennett has raised $74 million for the…
Just over a year ago, UiPath was among the most favored startups in the world. Last February the company raised a massive $750 million round at a staggering $35 billion valuation. The robotic process automation, or RPA company, was firing on all cylinders. By the time that UiPath went public in April of last year,…
