Base Ecosystem Fund, Hashed Emergent invest $1.9M in Nestcoin to scale its Onboard product
Nestcoin, a development company housing modern finance project Onboard, has secured $1.9 million in a strategic funding round. Hashed Emergent, a Web2.5 fund for builders from emerging markets, led the round. Alter Global, Magic Fund, CMT Digital, and 4DX Ventures are among the existing investors that took part. Adaverse and
Read moreInstagram is testing a feature to let you share feed posts just with ‘Close Friends’
Instagram users have been complaining for a while about the impersonal nature of the social network largely due to its algorithmic feed. The company has been trying to launch more avenues for users to share content with their friends. To that end, Instagram is now testing a feature that lets
Read moreAnduril acquires Blue Force Technologies, the company behind the Fury unmanned fighter jet
Venture-backed defense giant Anduril Industries is acquiring Blue Force Technologies, the advanced design and engineering firm behind the “Fury” unmanned fighter jet, as the company looks to build out its suite of autonomous systems for national security customers. The new acquisition positions Anduril to take advantage of what chief strategy
Read moreThe question of gig worker status in Massachusetts is back on
A year ago, a Massachusetts court ruled to throw out a 2022 proposed ballot measure that sought to define gig workers as independent contractors rather than employees. Now it appears that proposal is getting a second wind. The state’s attorney general, Andrea Campbell, on Wednesday approved backers of the ballot
Read moreA Rube Goldberg chain of failures led to breach of Microsoft-hosted government emails
Illustration: The Verge In the first half of July, Microsoft disclosed that the Chinese hacking group Storm-0558 had gained access to emails from around 25 organizations, including agencies in the US government. Today, the company is explaining how that happened thanks to a series of internal errors while sharply underscoring
Read moreHyperspectral startup Wyvern signs on to fly with Loft Orbital next year
Hyperspectral imagery startup Wyvern has booked space on a Loft Orbital satellite bus that will launch next year, a move that the company says will boost the capacity of its Dragonette satellite constellation. Wyvern, which graduated from Y Combinator’s Winter 2022 cohort, has launched two hyperspectral imagery satellites since it
Read moreClubhouse is trying to make a comeback
Remember Clubhouse? At the peak of pandemic lockdowns, the invite-only social audio app soared with 10x month to month growth, then faded from public discourse almost as quickly as a16z investors opened their wallets. Now, Clubhouse is throwing a Hail Mary to try to become relevant again. Today, the company
Read moreOpenAI will host its first developer conference on November 6
OpenAI will host a developer conference — its first ever — on November 6, the company announced today. At the one-day OpenAI DevDay event, which will feature a keynote address and breakout sessions led by members of OpenAI’s technical staff, OpenAI said in a blog post that it’ll preview “new
Read moreTechCrunch Disrupt 2023 Startup Battlefield 200: Health tech and sustainability
You’re just a couple weeks away from meeting the Startup Battlefield 200 companies in person at TechCrunch Disrupt 2023! We’re incredibly proud of — and impressed by — this year’s hand-picked cohort. To avoid utter overwhelm, we’re announcing them in groups, broken out by industry tracks. Note that the track
Read moreOur favorite startups from YC’s Summer 2023 Demo Day, Day 1
What follows are our favorites from the first day’s pitches, listed in no particular order.
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