VUZ raises $20 million to scale its immersive social app

VUZ, a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. Investors in the round include Caruso Ventures, Vision VC Fund, e& capital, investment pillar of e& (formerly known as Etisalat Group), DFDF (Dubai Future District Fund), … Read more

‘Me too’ investing is eating returns

Alan Feld Contributor Share on Twitter Alan Feld is the founder and managing partner of Vintage Investment Partners. For an asset class that should be reinventing itself all the time, it is surprising to see how resistant some venture funds are to change. As a partner in a fund of funds, I attend a lot … Read more

TaTio AI-based work simulations help diverse job seekers showcase their skills

As companies look to build diverse workforces, the biggest problem seems to be sourcing candidates from historically underrepresented groups, often because companies don’t know where to look. TaTio, an Israeli startup from a couple of HR veterans, has built a platform to help connect companies to candidates who have the skills, but may lack a … Read more

TikTok launches Profile Kit to add up to six videos on other sites, integrating first with LinkTree

A big part of TikTok’s growth story has been down to its viral hooks: catchy videos with thousands or millions of views on TikTok are watched and shared thousands or millions of times elsewhere, breadcrumbs that eventually lead people back to the gingerbread house. Now, as TikTok works on expanding its advertising business and bringing … Read more

Li-Cycle opens battery recycling plant in Alabama

Li-Cycle, a Canadian lithium-ion battery recycler, has opened a battery recycling facility in Tuscaloosa, Alabama. The Toronto-based company, which also operates plants in Gilbert, Arizona and Rochester, New York, can now process up to 10,000 tons of manufacturing scrap and end-of-life batteries per year, the equivalent of approximately 20,000 EVs annually. The latest facility is … Read more