Tag: Startup

Share to FacebookShare to TwitterShare to LinkedinPresident and CEO of PreciseDx. Passionate about personalizing medicine through AI-enabled pathology. getty The concept of “who gets cancer treatment and what type” seems like a movie plot or a question from decades ago, but unfortunately, even in 2022, it is still a dilemma faced every day around the…

Groupon has laid off another 500 employees in a bid to cut costs, the company said in an SEC filing last week. The e-commerce company had cut 500 jobs — nearly 15% of its workforce then — previously in August 2022. The company said that this new set of layoffs will be spread across the…

This January, Germany’s largest vaccine maker BioNTech announced that it had agreed to acquire Tunisian-born and London-headquartered AI startup InstaDeep for up to £562 million, including a performance-tied £200 million tranche investment. InstaDeep’s deal — subject to regulatory approval and expected to close in the first half of this year — is quite intriguing, for…

Even if insects don’t sound appealing to you, black soldier flies could play an essential role in the food chain in the coming years. In particular, these flies’ larvae can become an important source of proteins for livestock and fish. That’s why Entocycle is raising another $5 million in a Series A funding round led…

Much hope remains after the crypto winter almost froze the sector: the Luna crash, the bankruptcy of Celsius and the arrest of FTX founder Sam Bankman-Fried for alleged fraud. Then there was the venture pullback amid an economic downturn. In 2021, web3 startups globally raised a record $29.2 billion. By 2022, that number dipped to $21.5…

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week.…

Share to FacebookShare to TwitterShare to LinkedinEdge made a surprise return at the Royal Rumble, but lasted just over one minute. Credit: WWE.com If the WWE Royal Rumble was a Tesla, surprise entrants would be its super charger. Surprise returns and entrances have become so synonymous with the Royal Rumble over the years, it’s basically…

Share to FacebookShare to TwitterShare to LinkedinApple CEO Tim Cook (Photo by Roy Rochlin/WireImage) WireImage Of the recent layoff announcements, you will see one company noticeably missing from the long list—Apple. With over 68,000 tech workers downsized in 2023, Apple employees have—so far—been able to avoid the ax. Is the iPhone maker an anomaly amidst…

Share to FacebookShare to TwitterShare to LinkedinSeedrs’ CEO, Jeff Kelisky Seedrs Seedrs was first launched in 2012, and its since helped startups raise a total of £2.3 billion with 1,870 deals funded so far. From climate tech to data analytics, consumer products, and food and beverage, there are over 17 different sectors represented on Seedrs;…

Brendan Wallace’s ambition is beginning to seem almost limitless. The L.A.-based venture firm that Wallace and cofounder Brad Greiwe launched less than seven years ago already has $3.2 billion in assets under management. But that firm, Fifth Wall, which argues there are massive financial returns at the intersection of real estate and tech, isn’t worried…