360 One Asset, an investor in India’s National Stock Exchange (NSE), has increased its valuation for the stock exchange to $29.9 billion, significantly higher than the $18 billion to $19 billion price tag the firm was valued at in private transactions last year. The wealth manager, which invested in NSE through its SOF8 fund, disclosed […]
360 One lifts its valuation of India’s National Stock Exchange to $29.9B Read More »
Wind and solar power have become so cheap to install, and at times so abundant, that utilities don’t know what to do with it all. Sometimes they’ll even pay the owners of other power plants not to generate electricity. In response, scientists and engineers have been racing to find inexpensive ways to store that power
Cache Energy’s mysterious white pellets could help kill coal and natural gas Read More »
Life-sciences investor BEVC is raising a $25 million fund aimed at climate-related startups, according to an SEC filing. BEVC is new on the scene, and was founded just last year. Its three co-founders all have backgrounds in the life sciences, and its first two investments, Radar Therapeutics and Insamo, were in the life sciences. But
Life-sciences investor BEVC raising $25M climate fund Read More »
The AI industry continues to release tons of new models, and companies looking to stay competitive are racing to adopt them for their purposes. In fact, nearly 10% of businesses plan to spend a whopping $25 million this year on AI initiatives, according to tech consulting firm Searce. But while lots of money is being
Eppo lands new cash to grow its app, website and AI experimentation business Read More »
Pakistani startup PostEx, offering financial and logistics services to online merchants, is set to enter new markets, beginning with Saudi Arabia this year, TechCrunch has exclusively learned. “We want to go into other markets to really disrupt them because we see the gap,” said Muhammad Omer Khan, founder and CEO of PostEx, in an interview.
Pakistan’s PostEx to enter new markets, starting with Saudi Arabia Read More »
Amazon is considering shifting its payments offerings in India into a standalone app, three sources familiar with the matter told TechCrunch, as the e-commerce giant aims to boost usage of Amazon Pay in the country. Amazon Pay is currently housed within the company’s primary e-commerce app in India, and lets users transfer money to individuals
Amazon considers moving Amazon Pay into a standalone app in India Read More »
Thomas Ingenlath is having perhaps a little too much fun in his Polestar 3, silently rocketing away from stop signs and swinging through tightening bends, grinning like a man far younger than his 59 years of age. “You really can push this car,” the Polestar CEO says as he cruises the roads alongside other enthusiasts
With the Polestar 3 now “weeks” away, its CEO looks to make company “self-sustaining” Read More »
Formlabs on Thursday confirmed that it has laid off a “small number” of employees, TechCrunch has exclusively learned. The 3D printing firm says the figure amounts to less than 40 of a total headcount of just under 750 employees. The layoffs occurred in waves over the past two years, and as recently as the last
3D printing stalwart Formlabs confirms ‘small number’ of layoffs Read More »
World Labs, a stealthy startup founded by renowned Stanford University AI professor Fei Fei Li, has raised two rounds of financing two months apart, according to multiple reports. The latest financing was led by NEA and valued the company at over $1 billion, TechCrunch has learned from several people with knowledge of the investments. This
NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B Read More »
Chinese autonomous vehicle company WeRide has received the green light to test its driverless vehicles with passengers in California. The step comes as WeRide begins the process to go public on the U.S. stock market at a nearly $5 billion valuation. The timing also coincides with reports that the Commerce Department is considering a ban
Chinese robotaxi startup WeRide gets approval to carry passengers in California Read More »
