Startups

Nomic Labs, creator of popular Ethereum developer tools platform Hardhat, is becoming a nonprofit with the goal of improving the protocol's developer ecosystem, it announced today.  Nomic, which first launched in 2018, is rebranding as the Nomic Foundation, and has already secured donations of

Last year we covered Longevica, which had raised $13 million after researching supplements to increase human wellness and longevity. Then there have been the exits, such as care/of, which raised $12 million and was later acquired by Bayer, and Persona, acquired by Nestlé. Plus, U.K. startup Height

Testing autonomous vehicles on public roads is an expensive and time-consuming endeavor, and one that Raquel Urtasun, former chief scientist at Uber ATG, doesn't think is the most expedient route to market. Waabi, Urtasun’s self-driving truck technology startup that launched last June, ha

There are plenty of competitors in so-called FMS (Farm Management Software), but so far no global dominant leader has emerged. Agrivi has raised $7.3 million, Granular $24.9 million and FarmLogs $37 million. So there's clearly plenty of scope for more. Now Estonia-based eAgronom, another FMS st

Vicarius, a New York-based startup that has developed an autonomous vulnerability remediation platform, has raised $24 million in Series A funding to protect organizations from the next major supply-chain attack. The current vulnerability remediation situation isn't working, Vicarius tells Tech

Germany-based construction tech startup Cosuno has raised a $30 million Series B led by U.S. growth equity firm Avenir Growth. Spark Capital and Cherry Ventures, which led the Series A six months ago, also participated. Cosuno now says its valuation is put at $150 million. Construction is one of th

Nigeria has more than 12 million registered vehicles, and approximately 90% of them are used cars that need frequent checkups to prevent recurring breakdowns. Given this number, one would expect effective vehicle maintenance to be standard in Nigeria. But that's not the case: Most of the servic

Kenya-based EV startup BasiGo has closed $4.3 million in seed funding, three months after setting up operations in East Africa's biggest economy, to provide clean-energy mass transit vehicles in a country that is heavily-reliant on fossil-fuel buses. The startup said it will use the new funding

Consumers and businesses are forever demanding faster and easier ways to get things done, and today a startup that is building tech to make that a reality using AI and the camera on your mobile device is announcing a big round of growth funding. Scandit — which uses computer vision to scan ba

A new venture from space infrastructure company Momentus founder and former CEO Mikhail Kokorich aims to build a hypersonic aircraft for autonomous cargo delivery around the world. While the craft is far from completion, let alone testing and certification, a $29 million seed round should help thin

Picture this scenario as a young enterprise: You are a customer of Azure, AWS, or the Google Cloud Platform, assuming they are the frontrunners. While traveling in Russia or a European Union country on a mission to expand your business, you discover that you're required to have data locally sto

Most companies today recognize the importance of global warming. As such, they are redefining their goals in an effort to address the climate change issue. Envisioning Partners, a Seoul-based venture capital firm, has secured its latest impact fund, the oversubscribed $64 million (76.8 billion KRW)

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Tuesday, February 8, 2022! Today we're talking layoffs, blockchain infra, a called-off mega-deal, and chip-based nationa

Hydrogen pioneers Verdagy — from “verde” for green, and “agy” for energy — raised $25 million from a fistful of strategic investors in the energy sector in a bid to take a messy, not-that-environmentally-friendly process of making hydrogen and replacing it with a