Month: January 2023

Tech Nation looks for new home as UK Gov hands tech ecosystem contract to Barclays

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After over ten years in operation, Tech Nation, the UK’s government-sanctioned ecosystem builder for UK tech startups and growth tech companies is to cease operations after losing its grant funding to a programme run by Barclays Bank Eagle Labs. The team behind the non-profit, which derived the bulk of its funding from the UK government, … Read more

Fairphone nabs $53M in growth capital for ‘sustainable’ consumer electronics

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Dutch social enterprise Fairphone, which makes modular and — the claim is — more sustainable and ethical consumer electronics, has nabbed a chunk of funding to continue scaling a circular-economy-aligned smartphone business. The €49 million (~$53M) “growth capital” investment — from an international consortium of impact investors, led by new shareholders Invest-NL, the ABN AMRO … Read more

Logitech is working on a Project Starline-like video chat booth called Project Ghost

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A render of Project Ghost. | Image: Logitech Logitech, perhaps known best for its personal computer accessories like the webcam I have used (and loved!) for nearly every workday for three years, is revealing an ambitious new prototype on Tuesday: an elaborately designed video chat booth it calls “Project Ghost” that’s designed to be a … Read more

Guardz emerges from stealth with $10M for SMB security and cyber insurance to protect against attack-as-a-service breaches

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Small and medium businesses have become a growing target for malicious online hackers in recent years, currently accounting for between 43% and 61% of all security breaches and some $7 billion annually in related losses, according to different estimates. Today, a startup called Guardz is emerging from stealth with a two-part offering aimed at protecting … Read more

Finley closes $17M to turn 100-page debt capital agreements into software-managed code

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As venture capital investments slowed down in 2022, some startups turned to private credit, including debt capital, as a way to supplement their operations in the meantime. However, the policies and procedures paperwork that goes with these deals aren’t always easy to understand. Finley CEO Jeremy Tsui told TechCrunch that private credit is a $1.2 … Read more

Identity management platform Saviynt secures $205M in debt, appoints new CEO

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Showing that there’s real investor enthusiasm for identity management platforms, Saviynt, which enables companies to secure apps, data and infrastructure in a single platform, today announced that it raised $205 million in debt from AB Private Credit Investors’ Tech Capital Solutions group. Founder Sachin Nayyar, who returned to Saviynt as CEO this week alongside newly-appointed … Read more

PlayStation VR2 sales expectations reportedly halved after disappointing preorders

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Sony originally estimated that it would shift two million PSVR2 units this quarter. | Photo by Vjeran Pavic / The Verge Sony has reportedly reduced sales projections for the launch of the PlayStation VR2 after receiving fewer preorders than expected for the new virtual reality headset. As reported by Bloomberg, the Tokyo-based tech giant is … Read more