Twelve is recycling captured CO2 into fuel, sunglasses and more

As climate change continues to be a forefront issue globally, many are petitioning for change and finding unique solutions to solving this issue. Twelve, a self-proclaimed “carbon transformation company” is attempting to be part of the solution by turning captured CO2 into products usually made

Bo Mobility’s e-scooters are built with Formula One engineering

The first wave of electric micromobility was shepherded by the (still largely unprofitable, bless them) shared micromobility companies — the Limes and Birds of the world that popularized electric scooters. Now, as gas prices surge, the world burns and more people consider traveling to and fro

How to keep your development team aligned with the company’s product vision

Kevin Rose, the co-founder of Digg and a venture capitalist, once said, “A team aligned behind a vision will move mountains.” This statement is true. To build a successful product, you must navigate through uncertainties, and to do that, you will need a clear product vision. When you ha

Formalwear-focused Queenly makes first acquisition after posting rapid early-2022 growth

Queenly, a startup building a garment marketplace aimed at dressing women for formal events, announced this morning that it has purchased Mi Padrino, a company built to serve the quinceañera market. The two companies’ overlap is obvious: Quinceañeras, events where girls celebrate their 15th

HomeLister wants to make selling your home more of a DIY affair, and cheaper

Most real estate agents charge a commission — in many cases up to 6% of the sale price of a home — for listing and selling a house on behalf of a homeowner. For a home that sells for about $170,000, this commission totals just over $10,000. For a home that sells for $500,000, it amounts

The Drako Motors 2,000-hp electric luxury SUV ‘feels more like a spaceship’

Startup EV manufacturer Drako Motors previewed today the follow-up to its $1.25 million Drako GTE: the 2,000-horsepower Drako Dragon Super-SUV. The San Jose, California-based automaker said the Dragon zips from 0 to 60 mph in 1.9 seconds using the company's in-house DriveOS Quad Motor Powertrai

A look into the British DFI's plan to invest in African economies, venture funds and tech startups

On April 4, the U.K.'s development finance institution, Commonwealth Development Corporation (CDC) Group, formally changed its name to British International Investment. As part of the name change, the development finance institution (DFI) announced that it surpassed its pledge to invest £2 bi

Sava, a spend management platform for African businesses, gets $2M pre-seed backing

When Yoeal Haile started Aspira, a lending service, in 2017, he wanted to give Kenyans more choice about buying stuff on credit. The business eventually grew to a point where it offered over $1 million in loans to customers monthly. Still, Haile noticed a bigger underserved opportunity on the other

Lenskart acquires majority stake in eyewear brand Owndays in $400 million deal

India's Lenskart is buying a majority stake in Japan's Owndays, the two firms said, creating one of Asia's biggest online retailers of eyewear. The firms did not disclose the financial terms of the deal, but a person familiar with the matter said the merger values 32-year business Ownda

Black Swan analyzes social media to predict which products will be successful

Consumer packaged goods companies — think PepsiCo or Nabisco — face steep challenges from the rising cost of living and distribution. As inflation continues unabated, consumers’ disposable income isn’t going as far as it used to while products are becoming more expensive to

GetVantage offers revenue-based financing to India's founders

Some SMEs don't want to get (or have access to) equity funding but also want to stay away from high-interest bank loans. That's the gap that revenue-based financing platforms like GetVantage want to fill. The Mumbai-based startup announced today that it has raised $36 million in equity and

AlgiKnit’s seaweed-sourced materials could mend the textile industry’s toxic habits

AlgiKnit is on a mission to offer more environmentally conscious materials for the heavily polluting fashion and textile industries. The startup is developing materials from seaweeds such as Macrocystis pyrifera, one of the planet’s most renewable and regenerative organisms, creating yarns an

Dear Sophie: Will a doctor get a green card faster than an engineer?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their drea

5 ways to seize the opportunities created by recent chaos in ad tech

Every day, the advertising world faces new challenges and opportunities. New platforms, mediums, M&A activity, privacy rules and ever-changing consumer behavior can all wreak havoc on the digital landscape. However, companies that are prepared to seek out these moments of change will be well po