Author: TechBrunch

Mushrooms continue to be a big field for alternative proteins. Canada-based Maia Farms recently raised $1.7 million to develop a blend of mushroom and plant-based proteins using biomass fermentation. There's also MyForest Foods and Fable Food. Then there's Meaty Foods, which claims to be different from other alternative proteins. The company makes cutlets and steaks from mycelium, or mushroom roots. “This is truly the next generation of innovative proteins,” CEO Phil Graves told TechCrunch. “It's a product that's rooted in nature. It's not genetically modified. We're just taking something from nature, guiding it, and giving it the nutrients and minerals…

High interest rates and financial pressures have made it more important than ever for finance teams to better manage cash flow, and several startups are looking to help. One such company is Panax, a two-year-old Israeli startup that just raised a $10 million Series A round led by Team8 with participation from TLV Partners. Startups have had the good fortune of following the CFO stack by streamlining processes and freeing up time to work on strategic tasks. SVB's collapse has provided a tailwind for the money management sector, which includes companies such as Embat, Kyriba, Statement and Vesto. Unlike some…

Cleaning the outside of a building is a dirty job and can also be dangerous. Lucid Bots debuted in 2018 with his Sherpa series of high-altitude window cleaning drones, but now they're back to take on more labor-intensive tasks. The Charlotte, North Carolina-based company is part of Y Combinator's 2019 companies of the year, with a theme of building intelligent robots to tackle the “dirty” jobs that humans don't do. It has taken on a new form. Ashur said he wanted to do it. “We started with a very simple problem, but after years of pursuing our desire to make…

High interest rates and financial pressures have made it more important than ever for finance teams to better manage cash flow, and several startups are looking to help. One such company is Panax, a two-year-old Israeli startup that just raised a $10 million Series A round led by Team8 with participation from TLV Partners. Startups have had the good fortune of following the CFO stack by streamlining processes and freeing up time to work on strategic tasks. SVB's collapse has provided a tailwind for the money management sector, which includes companies such as Embat, Kyriba, Statement and Vesto. Unlike some…

For the founders of data governance startup Atlan, data has always been at the heart of what they do, even before they started their company. In fact, co-founders Prukalpa Sankar and Varun Banka started building India's national data platform called SocialCops. It's perhaps no surprise, then, that we've developed tools to manage and collaborate data, bring together myriad data sources, and gain some control over data clutter within large organizations. The company was founded in 2020, and data issues have only grown in importance since then, and even more now as companies look to acquire data houses to leverage generative…

It is estimated that around 2 billion people, especially those in low- and middle-income countries, do not have access to high-quality, affordable essential medicines. The situation is made worse by low-quality or even deadly counterfeit drugs that fill the gap. This shortage means that treatable and preventable diseases end up causing suffering and even death. This is the problem B2B marketplace Axmed is trying to solve by addressing supply chain fragmentation, and the startup recently raised $2 million in seed funding from Founderful Ventures to further its plans. did. Focused on low- and middle-income countries, Axmed is building a marketplace…

Bankruptcy lawyers representing clients affected by the dramatic collapse of cryptocurrency exchange FTX 17 months ago say the majority of victims will get their money back, plus interest. The news comes as FTX co-founder and former CEO Sam Bankman Fried (SBF) was found guilty on seven counts related to fraud, conspiracy, and money laundering, and his client The announcement comes six months after nearly $8 billion in funds went missing. In March, SBF was sentenced to 25 years in prison and ordered to pay $11 billion in forfeitures. The crypto mogul filed an appeal last month that could last for…

Google on Wednesday launched its digital wallet in India with local integration, nearly two years after the app was relaunched as a digital wallet platform in the US. As TechCrunch exclusively reported last month, Google Wallet will operate in India alongside the existing Google Pay app and will remain the company's payments app in India. Google replaced its Pay app with Wallet in the US in February. “Google Pay is not going anywhere. Google Pay is our primary payments use case,” Ram Papatla, Google's general manager and Android India engineering lead, said at a press conference in New Delhi. “The…

Bluesky has announced its new product roadmap for the coming months. The decentralized social network announced Tuesday that it plans to introduce direct messaging, video support, custom feed improvements, and new moderation controls. The company said in a blog post that it is developing a direct messaging (DM) service that will be integrated into the Bluesky app, initially outside of the decentralized AT protocol (the protocol used by Bluesky), and will later develop DM on top of the protocol. Ta. . Bluesky said this initial version will facilitate one-on-one chats and give users controls to limit who they can DM.…

Samsung Medicine, the medical devices division of Samsung Electronics that specializes in developing diagnostic imaging equipment, on Wednesday acquired Sonio, a Paris-based startup that develops AI-powered software for ultrasound workflows, for approximately $92.7 million. announced plans to acquire the company for 126 billion won). ). The French startup's AI assistant aims to help obstetricians and gynecologists evaluate and document ultrasound exams, and has received U.S. regulatory clearance (FDA 510) for Sonio Detect, a product that uses deep learning algorithms. (k)) is also obtained. Improve the image quality of real-time ultrasound scans. Samsung Medicine said Sonio's software will help bring better…