Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million debt-equity funding in a pre-Series A round led by Beyond Capital Ventures and Variant Investments. Founders Factory Africa, AAIC Investment, Google Black Founders Fund, and existing investor Launch Africa also participated in the round. This brings total debt-equity…
Making protein out of mushrooms is not a new concept; however, Enough believes its technology — and the ability to scale production quickly — will set it apart. The Scotland-based company grabbed €40 million ($43.5 million in today’s dollars) in new growth funding to test out that theory. Enough is pumping that dough into doubling…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B.…
Venture capital is the business of hitting home runs. But must a startup have the potential to capture the vast majority of market share in its category to earn an investment? I don’t think so. A few weeks ago, the co-founder and CEO of Thumbtack, Marco Zappacosta, came on TechCrunch’s Found podcast to talk about…
Welcome, friends, to Week in Review (WiR), TechCrunch’s regular newsletter covering the major events in tech over the past few days. Haven’t had your eyes glued to the headlines? Not to worry. That’s our job, and we’ve compiled them in the nifty little digest that is WiR. In this week’s edition of WiR, we cover…
Welcome, friends, to Week in Review (WiR), TechCrunch’s regular newsletter covering the major events in tech over the past few days. Haven’t had your eyes glued to the headlines? Not to worry. That’s our job, and we’ve compiled them in the nifty little digest that is WiR. In this week’s edition of WiR, we cover…
Welcome, friends, to Week in Review (WiR), TechCrunch’s regular newsletter covering the major events in tech over the past few days. Haven’t had your eyes glued to the headlines? Not to worry. That’s our job, and we’ve compiled them in the nifty little digest that is WiR. In this week’s edition of WiR, we cover…
For years, cops and other government authorities all over the world have been using phone hacking technology provided by Cellebrite to unlock phones and obtain the data within. And the company has been keen on keeping the use of its technology “hush hush.” As part of the deal with government agencies, Cellebrite asks users to…
Earlier this week, the New York Times shone a light on some of the desperation that founders are experiencing as they try and fail to secure compute power for their nascent artificial intelligence startups, thanks to the big companies (and even rich nations) racing to snatch them up. One founder reportedly said of the graphics…
Cruise, the self-driving car subsidiary of GM, has been asked to reduce its robotaxi fleet by 50% in San Francisco following a crash Thursday night with a fire truck. The California Department of Motor Vehicles, the agency that regulates the testing and deployment of autonomous vehicles in the state, requested the reduction in operations. The…
