BenevolentAI, a startup which has raised $292 million to apply AI to create drugs faster, today says it has uncovered an already approved drug as a potential treatment for COVID-19, after it applied its AI platform and team to the problem. The revelation, which has now appeared in peer-reviewed scientific journals and has entered clinical […]

Early-stage companies often have trouble dealing with the amount of data that can run through the organization, especially as it grows. Large sums are spent on data software, dislocated data, dealing with data pipelines. All of which involve data warehousing, cleaning tools and a visualization platform. Count is a startup that is an attempt to […]

The Europas Awards for European Tech Startups is doing what everyone in tech has done before: pivoting! Given the COVID-19 pandemic, we will be ‘going virtual’ on an amazing new platform, to be unveiled. (OK, but not VR – just yet!). A percentage of proceeds from the event will be donated to charities helping to […]

When Liliana Pertenava decided to go all-in on crypto by investing $2,000 in a mining rig in 2017, she went so far down the crypto rabbit-hole she decided to make a documentary about it. If you’re locked-down and looking for something to watch, you could do worse than sit down and watch “Crypto Rush,” which […]

At the end of March, a coalition of grassroots UK tech initiatives came together to coordinate the key groups of tech industry people supporting the UK’s response to the coronavirus. The Code4Covid.org initiative came out of a milieu of other projects such as Covidmutualaid.org and Covid Tech Support, but it was the CoronavirusTechHandbook (CTH), an initiative […]

Back in 2018 Templafy — which had come up with a way for enterprises to more easily make templates out of standard documents (yes, it’s a thing) — raised an additional $15 million from existing investors as an extension of its earlier Series B round taking it to $40.2 million raised. The company integrates with enterprise infrastructure to […]

By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a music software engineer before joining one of Apple’s consumer electronics divisions. Inspired by Siri, he left to start Timista, a smart lifestyle assistant. When the […]

At the start of the year, it looked like Europe would be in for a “Summer E-Scooters / E-Bike War,” as both regional startups and U.S.-backed unicorns vied for the pockets of city commuters. Consolidation came when German startup Circ was taken over by U.S. competitor Bird at the start of the year. Still on […]

The Europas Awards — which have been recognising the hottest European tech startups in since 2009 — are now open for the public voting stage, prior to the formal judging process. The entries have been sorted and sifted by journalists to compile an editorially-driven ‘long list’ of some of Europe’s most exciting startups and investors. […]

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]

“Is Greta Thunberg a hypocrite?” Google that phrase and you will get thousands of results. It just goes to show that, to a large extent, the “Q&A” model is broken on the internet. Where once Yahoo Answers and Quora were considered the bright young things of Web 2.0’s “Read/Write Web,” today there is only the […]

After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once mighty blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure what to do with the property after gobbling it up as part of […]

Revolution Ventures raises another $215 million to invest outside of the hotbeds.

Those looking outside of Silicon Valley as a potential hub for their startup might want to take a gander at Utah, at least that’s the kind of trend the new Silicon Slopes Venture Fund hopes to create. The newly formed fund, put together by Qualtrics co-founder Ryan Smith, Omniture and Domo founder Josh James and […]

A heavy debt load scuppered the business 

Emerging economies that have long tested investors’ patience say they need fresh help

Debate about flight scandal has detracted attention from strategic changes and oversight at world’s biggest sovereign wealth fund

US private equity firm plans further share in group shaken by fallout from Luckin Coffee scandal

Slick stock-trading apps skip over the risks for inexperienced investors

Financial education has an important role to play to prepare children for an uncertain future

Many put a company’s economic recovery before ESG commitments in coronavirus crisis

Two-thirds of companies with lowly ratings from Moody’s were bought by PE groups

Share price surges after news breaks of deal with Games Workshop

Pardoning cronies is offensive but precedented. Using DoJ to go after enemies is Nixonian

Few investors went into this crisis with a portfolio they were entirely happy with

Countries in region issue debt at close to fastest rate in a decade due to pandemic

German conglomerate hopes to offload lossmaking division to focus on steel

French group braced for revenue losses this quarter despite reopening most of its China factories

World’s largest auto group enjoys earnings boost and increases dividend

Herbert Diess wants to sell 26m emission-free vehicles in 9 years, overtaking rivals including Californian electric pioneer

Blume says industry faces supply constraints because of production ‘bottleneck’

Early winners and losers emerge as carmakers scramble to hit tough new targets

Past and present economic success offers base for manufacturing

Two-thirds of machines to go to NHS following order from UK government

World’s biggest carmakers reveal costs of pandemic shutting down factories around world

Group faces large fines if it fails to sell enough battery-powered vehicles in 2020

Heavy toll on jobs through lay-offs and cuts in pay and hours as one of region’s key industries comes to ‘abrupt halt’

Japanese conglomerate expects rebound in construction industry as cities end lockdowns

FTSE 100 plumbing supplier runs into opposition from shareholders over switch to US

Big carmakers say small companies must be protected from collapse or factories may remain shut

Race by machine tool makers to boost mask output underlines importance to economy

Commercial aviation isn’t typically the place to look if you’re after carbon-light initiatives. Jet fuel isn’t generally very green, and airplanes burn a lot of it when traversing the skies. But supersonic flight startup Boom wants to change the perception of commercial aviation as an emissions-costly prospect, starting with their testing development program for the […]

Panasonic said it will stop producing solar cells and modules at Tesla’s factory in Buffalo, N.Y., ending a four-year joint venture with the electric automaker.  Nikkei Asian Review was the first to report that Panasonic planned to end its production agreement with Tesla . Panasonic has since issued an announcement to explain its decision. Tesla […]

The Citroën Ami is a new take on urban mobility. It’s electric, cheap and doesn’t require a license. In short, it’s less of a car and more of an electric scooter with two seats, doors and a heater. Jokes aside, the Citroën Ami could be a glimpse at the future of mobility. The innovation isn’t […]

The European Commission has set out a plan to move towards a ‘right to repair’ for electronics devices, such as mobile phones, tablets and laptops. More generally it wants to restrict single-use products, tackle “premature obsolescence” and ban the destruction of unsold durable goods — in order to make sustainable products the norm. The proposals […]

Before leaving SoftBank-backed Zume Pizza in November 2018, co-founder Julia Collins knew what her next move would be: climate-friendly food. Today, Collins is announcing Planet FWD’s $2.7 million seed round led by BBG Ventures with participation from Cleo Capital, Cowboy Ventures, Precursor Ventures, Kapor Capital and others. What’s unique about this round, Collins told TechCrunch, […]

Unfortunately, the world doesn’t have a constant quantity of problems, and while governments and most private businesses are focused on tackling the ongoing COVID-19 pandemic, companies like Genecis Bioindustries are working on technologies to solve another major problem: climate change. For over a decade, sustainability advocates and entrepreneurs have been searching for a way to […]

Microsoft is embarking on a new sustainability initiative as part of its overall approach to support environmental protection measures, with a project it calls the “Planetary Computer.” This will actually be a computing endeavor that uses aggregated global environmental data collected from a number of sources as its input, and that will seek to employ […]

The Los Angeles Cleantch Incubator is rebooting its incubator program and moving from rolling applications to a cohort model beginning with 16 new startups.  Los Angeles’ not-for-profit incubator exchanges sweat equity in the form of services and office space, and the promise of $20,000 in funding for local pilot projects, for a 1.5% to 3% […]

Google’s data centers run 24/7 and suck up a ton of energy — so it’s in both the company’s and the planet’s interest to make them do so as efficiently as possible. One new method has the facilities keeping an eye on the weather so they know when the best times are to switch to […]