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Mercedes-AMG Petronas F1 team steers toward nature-based carbon credits

Few fans would associate Formula 1 racing with sustainability, but perhaps incongruously for a sport that glorifies combustion, the league has a goal to reach net-zero carbon emissions by 2030. For F1 teams, it’s not as simple as burning sustainable fuels in their race cars’ engines. In fact, the cars are responsible for less than […]

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SGNL snags $30M for a new take on ID security based on zero-standing privileges

Security experts often describe identity as the “new perimeter” in the world of security: in the world of cloud services where network assets and apps can range far and wide, the biggest vulnerabilities are often leaked and spoofed log-in credentials.  A startup called SGNL has built a new approach that it believes is better at

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Lucidity snags $21M to help enterprises optimize their cloud storage

Enterprises often overprovision their cloud data storage to keep a buffer for demand peaks, but that comes at a major cost. And while in-house DevOps teams may optimize servers to reduce the impact of these costs, they usually skip optimizing their storage to avoid any accidental data loss or downtime. This leads to significant cloud

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Mast Reforestation hatched a plan to restore wildfire-ravaged forests. Investors took notice.

Rebuilding after a wildfire isn’t cheap. The recent Los Angeles wildfires, for example, incurred up to $164 billion in property and capital losses. But restoring the forest isn’t, either, with a few thousand acres running a couple million dollars, Grant Canary, co-founder and CEO of Mast Reforestation, told TechCrunch. “If you’re a land owner and

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Pinkfish helps enterprises build AI agents through natural language processing

As the chief product officer for AI customer service startup TalkDesk, Charayna “CK” Kannan said that enterprises often say they want to automate different workflows but that it’s really hard to implement AI. Enterprises are dealing with clunky, legacy software, that often doesn’t have APIs, creating a daunting task their IT departments weren’t prioritizing. “Every

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Voyantis aims to help companies figure out their customers’ worth

How much is a customer worth to a company? That’s the eternal question. To arrive at an answer, customer and sales teams are often forced to use spreadsheets and other manual data analysis methods. The problem is, these methods tend to be slow and error-prone, leading to gaps in reporting processes. The challenge spurred two

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Insurance co’s stand to lose billions from disasters like the LA fires; Comulate raises $20M to build tech to help them work more smoothly

Unimaginable disasters like the fires in Los Angeles with their hundreds of billions of dollars in destruction put a huge focus on the role the insurance industry plays in the process of rebuilding. Those events will also lead to major financial losses at the insurance companies themselves. And longer term, all of this will put

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AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed

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QED leads $11M investment in Nigerian fintech Raenest

As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers. They struggle to open accounts that accept US dollars, with foreign employers using incompatible payment platforms, and face slow invoicing and payment

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