Month: September 2022

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Before we get into this week’s show notes, some programming notes: First up, use code “EQUITY” for a special listener discount for Disrupt tickets. We’re less than one month away! We also have a special … Read more

EV startup Arrival said Friday it has produced its first battery-electric van, a significant step toward its goal to deliver the vans to commercial customers at scale. The Arrival van is the first vehicle built at the company’s Microfactory in Bicester, U.K., which uses autonomous mobile robots instead of a traditional assembly line. The remaining … Read more

Astra is bringing on Silicon Valley veteran Axel Martinez as its new Chief Financial Officer, a C-suite change that in many ways demarcates a new chapter for the space company. Martinez’s career includes a decade tenure at Google, where he held multiple roles including head of capital markets; VP of treasury at Uber; and CFO … Read more

The inquest into the death of British schoolgirl, Molly Russell, has concluded that social media was a factor in her demise, the BBC reports. The 14-year-old had viewed thousands of pieces of content about self-harm and suicide on online platforms, including Instagram and Pinterest, prior to her death in November 2017. Reaching a conclusion on … Read more

Microsoft has confirmed two unpatched Exchange Server zero-day vulnerabilities are being exploited by cybercriminals in real-world attacks. Vietnamese cybersecurity company GTSC, which first discovered the flaws part of its response to a customer’s cybersecurity incident, in August 2022, said the two zero-days have been used in attacks on their customers’ environments dating back to early-August … Read more

A wave of Amazon-merchant aggregator startups, floating close to $15 billion in funding, have rushed in, rolled up, and rushed out of the e-commerce market in the last several years. Now, a new tide, and new take on the model, appears to be rising. Today, a Berlin startup called Everstores — which seeks out, buys and … Read more

HSBC Asset Management, the investment arm of Britain’s HSBC Group, has led a seed round of $4 million in Singapore’s customer intelligence and risk assessment startup Bizbaz, the two said Friday. Founded in June 2019, Bizbaz offers its proprietary customer intelligence and risk management solutions to banks, insurance companies and fintech startups. The startup has … Read more