After bootstrapping for 8 years, accounting startup Dougs raises $27 million
Dougs, a French accounting startup, has been around since 2015. It already generates $16.4 million (€15 million) in annual recurring revenue. And it’s a bootstrapped company, meaning that it hasn’t opened its capital and raised any funding from VC firms. But now, the company has decided to raise its first
Read moreChina’s WeRide secures self-driving vehicle license from UAE
The United Arab Emirates has given Chinese autonomous driving company WeRide the first national license for self-driving vehicles. The permit allows WeRide to test its Level 4 autonomous vehicles on public roads throughout the country. Level 4 is a designation by SAE that means the vehicle can handle all aspects
Read moreKentucky is the first state to mandate Tesla’s charging plug
Kentucky now requires that electric vehicle charging companies include Tesla’s charging plug if they want to secure federal funds from a state program to electrify highways, Reuters reports. The plan went into effect Friday, making Kentucky the first state to officially mandate Tesla’s charging technology. Texas and Washington have also
Read moreTo Write or Not to Write (Code)?
What does it mean to be technical, and how it helps Engineering ManagersRobot Thinker, by MidJourneyA common topic in engineering leadership is the need for technical Engineering Managers (EMs). Do they need to code or not? What should their technical contribution be?While contexts vary, and there are no right and
Read moreBuy one, get one free
The two latest blog post have elaborated on the fact that when a function satisfies a second order differential equation, once you’ve evaluated the function and its derivative you get the second derivative for free, or at least for cheap. Sometimes functions are so closely related that software libraries bundle
Read moreFarmers use tech too with Charles Baron from Farmers Business Network
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Charles Baron, the co-founder and CMO at Farmers Business Network (FBN), a startup that offers a suite of online services to farmers. Baron talked about what led him — a
Read moreDeep tech in Latin America and the Caribbean is set to skyrocket
The Tesla Gigafactory planned to be built in Mexico should be seen, Bloomberg argues, “as a graduation moment for Mexican manufacturing.” And there’s hope that the CHIPS bill, which President Joe Biden promoted to supercharge semiconductor production in the U.S., will benefit its southern neighbor as well. While the prospect
Read moreChinese EVs have yet to succeed in Europe. The Middle East could be different
For Chinese electric car manufacturers, Europe has long been a priority destination for international expansion. With its affluence, environmental consciousness, and relatively friendly attitude towards China, the continent has attracted established players like BYD as well as emerging brands like Nio and Xpeng. Despite their ambitious plans, Chinese EV makers
Read moreWhat good is a DE once you have the solution?
In an undergraduate course on differential equations, you see an equation, you find a solution. Wax on, wax off. It would be reasonable to assume that the differential equation is simply an obstacle to overcome and that once you have the solution, the differential equation has done its job and
Read moreKonux gears up to scale its AI + IoT play for optimizing the railways
Unless you’ve been on an extended digital detox this year, you can’t have missed how a certain flavor of AI hype has been accelerating down the tracks like a runaway train. But far from the viral buzz swirling around developments in generative AI tools like ChatGPT and DALL-E, Konux, a
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