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Without this company’s technology, future fusion power plants might never light up

Fundraising /

Proponents of nuclear fusion have long promised to create nearly limitless power here on earth by harnessing the same reaction that powers the sun. Today, fusion’s biggest hurdle is ensuring that any fusion power plant produces more power than it needs to operate. The second is ensuring that it has enough fuel to run. Many […]

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Fintech startup Coast lands $40M just 4 months after its last $25M raise

Transportation /

Coast, a startup that describes itself as “a financial services platform for the future of transportation,” has raised $40 million in Series B funding — just four months after announcing a $25 million round, the startup has told TechCrunch exclusively. Back-to-back fundraises were common prior to and during the wild investment days of 2021, but

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The Way app offers a chance to meditate alongside a Zen Master

Apps /

A new app called The Way is aiming to help people explore the deeper side of meditation through a single, structured path guided by an authorized Zen Master. Founded by uncle-and-nephew duo Henry Shukman and Jack Shukman, The Way wants to help people move beyond modern mindfulness practices offered by popular meditation apps like Headspace

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Matera raises $100M from Warburg Pincus to help the US catch up to Brazil in instant payments

Fundraising /

To say that Pix, the instant payment system created by the Central Bank of Brazil, has been a resounding success is an understatement. With Pix, money moves directly between core banking systems of different financial institutions. Adoption has been widespread and ubiquitous. The country’s residents have the ability to even pay street vendors using the

Matera raises $100M from Warburg Pincus to help the US catch up to Brazil in instant payments Read More »

Matera raises $100M from Warburg Pincus to help the US catch up to Brazil in instant payments

Fintech /

To say that Pix, the instant payment system created by the Central Bank of Brazil, has been a resounding success is an understatement. With Pix, money moves directly between core banking systems of different financial institutions. Adoption has been widespread and ubiquitous. The country’s residents have the ability to even pay street vendors using the

Matera raises $100M from Warburg Pincus to help the US catch up to Brazil in instant payments Read More »

Toddle wants to ‘change how we build software’ with a collaborative visual web app builder

Fundraising /

The technology world has long promised to democratize software development through “visual” tools that help non-coders build digital products. In years gone by, this might’ve been something like Microsoft’s Visual Basic for Applications (VBA) or Dreamweaver, and in recent times we’ve seen a slew of no-code and low-code startups raise bucket loads of cash to

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Presti uses generative AI to improve product photography in the furniture industry

AI /

If you’ve ever bought a sofa on an online store, have you thought about the homes that you can see in the background? When it’s time to release a new collection, furniture brands usually spend a small fortune on photo shoots. It’s a cumbersome and expensive process as it’s not easy to move furniture around.

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TikTok glitch allows Shop to appear to users under 18, despite adults-only policy

Commerce /

A TikTok glitch seems to be allowing some teens access to the TikTok Shop tab, despite the e-commerce offering supposedly being restricted to users who are 18 and older, per TikTok’s policy. The issue occurs when a teen originally lies about their age when signing up for TikTok, by entering in a date of birth that

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Lhoopa raises $80M to spur more affordable housing in the Philippines

Startups /

A lack of affordable housing is a growing problem worldwide, even in emerging markets with significant demand. That’s in part because traditional developers and real estate companies focus on serving people looking for luxury houses, and want to avoid the immense operating expenses associated with affordable housing, which eat into gross margins over time. Enter

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