Our news
-
Shein gets more questions from EU about DSA compliance
After consumer protection scrutiny dialled up on fast-fashion giant Shein in the European Union on Wednesday, the bloc’s executive announced Thursday that it’s sent a fresh request for information (RFI) to the ecommerce platform under the Digital Services Act (DSA), a pan-EU online governance framework. The Commission oversees larger platforms’ compliance with a subset of…
-
Could this startup’s compact nuclear reactors revolutionize cancer detection?
As cancer rates in the West, and globally, tack upwards due to lifestyle and environmental pollution, so does the need for the nuclear isotopes used in detecting those cancers in a medical setting. But with many reactors built in the 70s and the 80s scheduled for shut down, the materials used are becoming rarer and…
-
India’s Zomato to rebrand as Eternal
Indian food delivery group Zomato plans to rename itself as Eternal in an effort to make a strategic shift as its quick-commerce unit, Blinkit, becomes a significant driver of growth. The Gurugram-based company, which joined India’s benchmark index, BSE Sensex, in December, said on Thursday the name change would better reflect its expanding business portfolio,…
-
Presto is building Stripe for EV charging
Presto is helping connect fleets and charging networks so drivers can find working chargers quickly. © 2024 TechCrunch. All rights reserved. For personal use only.
-
First lab-grown meat treats go on sale in the UK — for dogs
Cultivated chicken doggie snacks have gone on sale at a U.K. pet food retailer, Pets at Home. The retailer also happens to be a major investor in Meatly, the startup producing the meat ingredient contained in dog food brand The Pack’s Chick Bites, as the slaughter-free, low carbon treats are billed. (Other ingredients in the…
-
Comstruct, a platform to digitize the construction industry, raises $13.5 million
When you think about platforms in the construction industry, chances are you’re thinking about concrete platforms designed to support steel beams and tall pillars. Munich-based startup Comstruct wants to design a different platform to digitize the construction industry — a software platform. And the startup is announcing a $12.5 million Series A round led by GV…
-
Avelios nabs $31M led by Sequoia to fix the ailing world of healthcare IT
The race is on to build a new generation of healthcare software to replace legacy hospital systems that in some cases may not have been updated in decades. A startup out of Munich, Germany called Avelios has ambitions to build a new kind of end-to-end administrative system, leaning into more modern tooling using AI and…
-
European VC firm Emblem raises $85 million for its initial fund
Emblem, a relatively new European VC firm based in Paris, is announcing the final closing of its first fund. Eighteen months after the first closing, the Emblem team managed to secure €80 million in total (around $85 million at current exchange rates). This is no small feat in the current funding environment. According to Atomico’s…
-
Aiming to accelerate product design with AI, Trace.Space raises a seed round
Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally deployed, but now startups are joining the arena, powered by generative AI. One such is Trace.Space, coming out of Riga,…
-
These researchers used NPR Sunday Puzzle questions to benchmark AI ‘reasoning’ models
Every Sunday, NPR host Will Shortz, The New York Times’ crossword puzzle guru, gets to quiz thousands of listeners in a long-running segment called the Sunday Puzzle. While written to be solvable without too much foreknowledge, the brainteasers are usually challenging even for skilled contestants. That’s why some experts think they’re a promising way to…