Nexus’ star partner Sameer Brij Verma set to leave and launch own fund
Sameer Brij Verma, a high-profile investor at the Indian venture firm Nexus, will be leaving the fund later this year, he confirmed to TechCrunch. Verma plans to launch his own venture firm, with the inaugural fund expected to have a corpus of at least $150 million, a source familiar with the
Read morePelikan Mobility is building a software-enabled commercial EV leasing solution
Chances are you may have noticed that many commercial vehicles are now electric vehicles — think about delivery vans, telecom minivans, utility maintenance trucks, etc. But there are still many diesel-powered commercial vehicles because it’s simply too expensive and too complicated to switch to an all electric vehicle fleet overnight. That’s
Read moreFarm to Feed is cutting food loss and creating data platform to better farming outcomes
Globally, a third of the food produced is lost or wasted, and in Kenya, that figure stands at between 20% to 40%. For Kenya, unlike the developed world, food loss, not waste, is the greater problem, with small-scale farmers, who account for 75% of the total agricultural output in the
Read moreInsights Unveiled: AFTS Presents Nigeria Fintech Marketing Outlook 2024
The Africa Fintech Summit (AFTS) releases its insightful “Nigeria Fintech Marketing Outlook 2024” report, shedding light on the current state and future direction of marketing strategies within the nation’s booming fintech industry. Co-authored by Charles Anijekwu & Jeremiah Ajayi, this unique report offers Nigerian fintech’s data-driven strategies for growth. Fintech
Read moreX launches top up packs for its developer API
Social network X (formerly Twitter) launched new top-up packs for its developer API program on Tuesday. These paid upgrades will allow developers to fetch roughly 10,000 posts for $100 if they hit their existing tier’s limit midway through the month. Last year, Elon Musk curtailed free API access and released
Read moreGreenly lands $52M to help smaller companies track CO2 emissions
The carbon accounting startup targets SMBs to help them assess the carbon footprint of their operations and products. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreMD5 hash collision example
Marc Stevens gave an example of two alphanumeric strings that differ by only one byte that have the same MD5 hash value. It may seem like beating a dead horse to demonstrate weaknesses in MD5, but it’s instructive to study the flaws of broken methods. And despite the fact that
Read moreReddit prices IPO at $34 per share, the top of the range
Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company’s IPO on Thursday. The social media giant raised nearly $500 million in the offering. Excluding employee stock options, the 19-year old company’s valuation will start
Read moreAstera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high
Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. 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 this year that TechCrunch is tracking.
Read moreWith backing from NATO Innovation Fund, OTB Ventures will invest $185M into European deep tech
OTB Ventures' new $185 million fund for deep tech in Europe will mostly be deployed at the Series A stage; but up to 10% could be allocated to seed funding, and more than 50% to follow-on investments. © 2024 TechCrunch. All rights reserved. For personal use only.
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