Tag: Startup

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…

Toyota’s president, Akio Toyoda, surprised the automotive world this week by announcing he would resign his position and hand the reins over to Koji Sato, who currently helms the company’s Lexus and Gazoo Racing divisions. But Toyoda isn’t going far. The 66-year-old isn’t retiring outright, but instead retiring to the boardroom, where he’ll take over…

Elon Musk has already inscribed his name in automotive history.  He will no doubt be known as the one who pushed and encouraged the world to adopt electric vehicles with his company Tesla as part of his mission to achieve and use sustainable energy. The history of the automobile will also remember that he completely…