Author: TechBrunch
Globally, one third of the food produced is lost or wasted, and in Kenya the figure is between 20% and 40%. Unlike developed countries, food loss, rather than waste, is a bigger problem for Kenya, and smallholder farmers, who account for 75% of the country's total agricultural output, suffer from poor market linkages and poor market connectivity. They face myriad challenges, including shortages. Fails to meet cosmetic specifications for agricultural products. In preparation for the transition, several startups are emerging to fill the market gap for farmers. Kenya-based agritech company Farm to Feed is one of the fastest growing companies…
Many major companies have announced net-zero emissions targets. And while that alone won't be enough to move the climate needle—it will require trillions of dollars in investment, combined with government action—these goals are on track. Furthermore, these net-zero targets are trickling down, influencing companies across the supply chain, so-called Scope 3 sources, to achieve similar targets. “If you're in someone's Scope 3 and this company is making some tough promises, they're going to put pressure on you,” said Greenly co-founder and CEO. (CEO) Alexis Normand told TechCrunch. “For many midmarket and small businesses, not being able to participate in that…
Not a day goes by without confirmation that deep tech is on the rise in Europe and that public and private capital investors are flocking to it. The latest example is OTB Ventures, which has closed a $185 million fund to invest in deep tech in Europe, with plans to deploy primarily at the Series A stage. However, up to 10% may be allocated to seed funding and 50% or more to follow-on investments. OTB's Early Growth Fund – the second and largest to date – is once again supported by the European Investment Fund (EIF), with support from the…
Users of Glassdoor, a popular site where anyone can sign up anonymously to review companies they've worked for, claim that Glassdoor collected their names and added them to their user profiles without their consent. . One user, who goes by Monica, said that as a result of an email exchange with Glassdoor customer support, Glassdoor added her name and city of residence to her Glassdoor profile, even though she never provided her name when signing. I added it and posted it on my personal blog. Up-processed a few years ago. Monica (her last name has been withheld to protect her…
Electric boat maker Candela is nearing cruising speed with $25 million in new funding and the first commercial deployment of its new P-12 ferry in New Zealand. The company has global ambitions for high-efficiency boats and has completed and delivered dozens of boats to date. This is very common in this industry. Candela has been gradually increasing the size of its containers over the years, starting with the much smaller C-7 and C-8 (note the lengths are in metres), and as of this week has totaled 70 pieces. It has produced. The P-12 is a ferry designed to carry up…
Astera Labs started as a publicly traded company and was up 46% at the time of the bell, trading at $52.56 per share. The company priced its IPO last night at $36 per share, above its raised price range. Astera's debut marks the first material technology offering tracked by TechCrunch this year. Reddit, a well-known social forum and AI data provider, is expected to set the price after the close of trading today and launch its own public story tomorrow. Since trading began, Astera's stock price has continued to rise, rising approximately 54% to $55.73 at the time of writing.…
Mermaid, an open-source diagramming and graphing tool, has long been popular among developers because it allows you to create diagrams using a Markdown-like language. As is often the case, Mermaid founder Knut Sveidqvist created this project because he saw a need for it in his own work as a software architect, and he opened it with no immediate plans to monetize it. I made it into a source. In 2022, he was approached by GitLab founder Sid Sibrandi's venture capital firm Open Core Ventures (OCV), which later teamed up with serial entrepreneur and investor Andrew Firestone as his CEO. I…
It's a bad day for insects. Earlier today, Sentry announced AI Autofix capabilities for debugging production code. Now, a few hours later, GitHub is releasing the first beta version of its code scanning auto-fix feature to detect and fix security vulnerabilities during the coding process. This new feature combines the real-time capabilities of GitHub's Copilot with CodeQL, the company's semantic code analysis engine. The company first previewed the feature last November. GitHub promises that this new system will be able to remediate more than two-thirds of the vulnerabilities it discovers. In many cases, developers do not need to edit the…
Blockchain is back, Bitcoin is in the spotlight, the Ethereum blockchain is seeing price increases, and a lot of people are excited about ETFs. However, one blockchain that isn't mainstream is probably making the biggest waves in the crypto world lately: Solana. TechCrunch reported on Solana's recent significant price increase and took a closer look at its rapid rise and the reasons behind it. That's what we talked about today on TechCrunch Minute. The answer is not something new, but a return to what we have seen in the past. So as not to spoil the fun, let's just say…
On Sunday, the video game world was rocked by a hacking and cheating scandal. During a competitive esports tournament for Apex Legends, a free shooting video game played by hundreds of thousands of players every day, hackers inserted cheats into the games of two well-known streamers and revealed facts during the game. It looks like the top player was hacked. “Wait, what the hell? I'm hacked, I'm hacked, bro, I'm hacked,” one of the players allegedly said during a live stream of the compromised gameplay. The incident forced organizers of the $5 million Apex Legends Global Series tournament to postpone…