African B2B e-commerce startup Sabi tops $300M valuation in new funding

Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at a valuation of $300 million, according to two people familiar with the matter, signaling revived investor interest in a B2B e-commerce market going through some reckoning. Frankfurt-based specialist fintech investor CommerzVentures, Stockholm-based…

Big sauce wants your condiment data

As tech conglomerates and moneyed men call for AI dealers to pump their brakes, I believe another emergent technology, Heinz Remix, warrants close examination. At first, Heinz Remix simply appears to be a mix-n-match soda dispenser — for sauce. Yet, a great deal more is going on beneath the surface. This is about responsibility, in…

Apple still has a diversity problem

The higher you climb up the corporate ladder at Apple, the whiter it gets. That’s according to data analyzed by the Communications Workers of America (CWA), the union that’s helping retail workers at Apple stores organize. As some Apple retail workers fight for union recognition and a seat at the bargaining table, the CWA is…

Varda Space raising new tranche of funding at $500M post-money valuation

Varda Space Industries, the in-space manufacturing startup that wants to revolutionize the production of pharmaceuticals, semiconductors, and more, is in the process of raising $25 million in new capital that would put its valuation at around $500 million after investment, according to documents viewed by TechCrunch. The fundraising comes at a crucial time for Varda, which is preparing to send…