Tech

Tactic’s $11M raise shows even when cryptocurrencies are down, companies still need to count ’em up

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No matter what mayhem is going on in the markets, every company needs to stay on top of its accounting practices — especially in crypto, where the decentralized nature of transactions and the relative newness of blockchain tech pose all sorts of complications for traditionally-trained finance teams. Perhaps that’s part of the reason why less … Read more

Kumo aims to bring predictive AI to the enterprise with $18M in fresh capital

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Kumo, a startup offering an AI-powered platform to tackle predictive problems in business, today announced that it raised $18 million in a Series B round led by Sequoia, with participation from A Capital, SV Angel and several angel investors. Co-founder and CEO Vanja Josifovski says the new funding will be put toward Kumo’s hiring efforts … Read more

Nreal’s $379 AR glasses launch in the US today

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The Nreal Air glasses. | Image: Nreal Augmented reality company Nreal is launching its stripped-down Air glasses in the United States. The Nreal Air glasses, unveiled for Asian markets last year, are available on Amazon starting today for $379. The initially Android-exclusive glasses are also getting iPhone compatibility — but only with a $59 dongle. … Read more

Fed’s Powell says real need for DeFi regulation because of ‘significant structural issues’

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Federal Reserve Chairman Jerome Powell ramped up his criticism of decentralized finance on Tuesday, saying the monetary policy normalization worldwide has “revealed significant structural issues in the DeFi ecosystem” and laid bare “conflict of interest,” as he called for more appropriate regulation. “Within the DeFi ecosystem, there are these very significant transparency, lack of transparency [issues],” … Read more

Livin Farms’ investors are betting $5.8M on powdered fly larvae

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In a world of climate change-fueled food shortages, insect-based proteins are being viewed as an increasingly valuable potential alternative food service. Livin Farms has put insect larvae at the center of its own alternative protein play. The Vienna-based firm produces Hive Pro, a modular system designed to automate the process of rearing and processing black … Read more

Document onboarding startup Flatfile nabs $50M from investors, including Workday

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Data cleansing — prepping data for applications like predictive analytics — takes time. In fact, data scientists spend an estimated 60% of their time cleaning and organizing data, according to one recent survey. It’s not just time that’s lost. According to Experian, “dirty data” costs the average business 15% to 25% of their revenue and … Read more

AmazeVR wants to scale its virtual concert platform with $17M funding

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AmazeVR, a Los Angeles-based virtual concert platform, said Tuesday it has raised a $17 million funding round to create immersive music experiences through virtual reality (VR) concerts. Like other industries, the entertainment sector was affected by the coronavirus lockdown. Many music artists had to cancel or push back their live events during the pandemic. Some … Read more

Please don’t let ads on transparent OLED ‘windows’ ruin train journeys

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LG Display’s ‘Transparent OLED for Subway Trains’ are already in use within some Chinese trains and Japanese subways. | Image: LG Display LG Display is showcasing its “Transparent OLED for Subway Trains” at InnoTrans 2022, the world’s largest trade fair for transport technology, where it will feature as a replacement for windows in a concept … Read more

India searches premises, freezes bank accounts in ongoing Free Fire investigation

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India’s financial crime fighting agency searched the premises of Coda Payments India, distributor of Sea’s Free Fire, as part of an investigation. The Enforcement Directorate said in a tweet Tuesday that it searched three premises of Coda Payments India as part of an “ongoing investigation” into the distributor and Free Fire, a title that New … Read more

Unravel Data lands $50M to make sense of complex data stacks

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IT systems are becoming increasingly complex, what with the mass move to the cloud during the pandemic. The modern data stack consists of hundreds of tools for app development, data capture and integration, orchestration, analysis and storage. And it’s getting bigger and more convoluted by the day. According to Productiv, a software-as-a-service app management startup, … Read more

Tatsumeeko strikes partnership with Immutable X to enhance its gameplay

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Tatsumeeko, a role-playing game on Ethereum and Solana created by the team behind Discord chatbot Tatsu.GG, announced today it has struck a partnership with Immutable X (IMX). The partnership’s goal is to enhance Tatsumeeko’s gameplay experience by focusing on trackable ownership and transfer of in-game assets. Immutable X is a layer-2 Ethereum scaling solution that … Read more