ALIAVIA Ventures fights gender funding inequalities in the U.S. and Australia
Founded by two tech veterans, ALIAVIA wants to close the funding gap for female founders. It invests in female-led startups, especially those that want to bridge the gap between Australia and the United States. The venture firm announced today the close of its first fund, totaling $13.5 million AUD ($8.7
Read moreMichigan’s Grand Ventures announces $50m early stage fund
Grand Ventures today announced its second fund to invest in early-stage companies. The Grand Rapids, MI firm tells TechCrunch that it aims to lead seed stage investments in startups solving problems facing the fintech, DevOps, and supply chain sectors. The $50m Fund II is managed by General Partners Tim Streit,
Read moreCyber Security Today, Oct. 9, 2023 – US bank notifies over 800,000 of a MOVEit hack, data stolen from DNA test service, and more
A U.S. bank notifies over 800,000 people of a MOVEit hack, data stolen from a DNA testing service, and more. Welcome to Cyber Security Today. It’s Monday, October 9th, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. Today is Thanksgiving Day in
Read moreAI’s Power Paradox: Balance Innovation and Sustainability for a Promising Future
When I was CIO at a construction industry data, analytics, and media company, I was deeply interested in how technology and sustainability would drive the industry’s future. Could a new smart building technology or a green innovation lead to funding new construction that improves people’s experiences and enables a more
Read more7 Key Insights for Succeeding in the Insurtech World
Insurtech, a blend of innovative technologies that’s disrupting traditional insurance processes, is reshaping the insurance industry. The digitization of insurance services is now termed – insurtech. Businesses can benefit from offering personalised policies, streamlining claims processes, and ultimately reducing costs. A study by Mckinsey shows that 63% of insurtech companies
Read moreEcentric Payment Systems Bolsters Retail Payments with Thumbzup Acquisition
Ecentric Payment Systems, a retail payment processor across South Africa has announced its acquisition of innovative technology payment solutions company Thumbzup. This move benefits both companies’ customers and advances Ecentric’s goal of dominating omnichannel retail on a national scale. Ecentric is renowned for its best-of-breed technology, primarily serving Tier One
Read moreA green hydrogen unicorn is born, more problems for Cruise and inside aviation’s buzzy startup summit
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from
Read moreWanda Fish navigates VC waters to catch $7M for production of cultivated bluefin tuna
The company aims to create whole-cut cultivated fish filets, starting with bluefin tuna, using muscle and fat cells.
Read moreFNB Stokvel Savers Reach Soaring Heights
Stokvel customers are making remarkable progress in their saving efforts. Since November 2019, FNB stokvel customers have significantly increased their savings, surpassing the R8.3 billion mark in total member contributions. FNB revealed that its customers’ stokvel net deposits have increased by 42%, indicating the resilience and dedication of South African
Read moreAccel leads $21M investment in UK care home marketplace Lottie
The U.K. care home sector was pegged as £7.7 billion market in 2021, according to most recent estimates, yet capacity is shrinking at a time when the average age of the general population continues to grow. Throw into the mix a lack of transparency over pricing and service availability, and
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