Start-up
A VPN company just became Lithuania’s second tech unicorn
Network cables are plugged in a server room. Michael Bocchieri | Getty Images Cyber firm Nord Security announced Thursday that it has raised $100 million from investors at a $1.6 billion valuation, making it Lithuania’s second tech unicorn. The company is best known for its VPN product, NordVPN, which costs around $140 a year or […]
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Here are the 3 top trends for Asia’s start-up scene in 2022, according to Microsoft
For entrepreneurs in Asia, the future seems brighter than ever. More so than elsewhere in the world, Asia “leapfrogged other forms of connectivity” to become so-called “mobile-first,” said Jesus Martin, chief strategy at Microsoft Asia. “And because Asia went mobile-first, mobile became the platform that underpinned innovations and new business models.” Mobile first refers to the strategy […]
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Three former DeepMinders are developing A.I. to pick stocks and crypto
ArtBox Images | Getty Images Three former DeepMind employees are trying to train a machine to spot and invest in company stocks and cryptocurrencies before they rise. Martin Schmid, Rudolf Kadlec and Matej Moravcik left Alphabet-owned DeepMind in January to set up EquiLibre Technologies, relocating from Edmonton in Canada to Prague in the Czech Republic […]
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This daughter and father founded a company to bury nuclear waste by drilling deep boreholes
Zoom In IconArrows pointing outwards Elizabeth Muller, the CEO, and Richard Muller, the chief technology officer, of Deep Isolation, in Texas for their 2019 demonstration. Photographer: Roman Pino, Courtesy Deep Isolation There is no permanent nuclear waste depository in the United States. Instead, nuclear waste is stored in dry casks at the locations of currently […]
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Reid Hoffman’s new start-up poaches first staff from Google and Meta
Reid Hoffman, founder and Chairman, Linkedin, at 2015 WEF in Davos, Switzerland. David A. Grogan | CNBC Inflection AI, the start-up launched earlier this month by LinkedIn billionaire Reid Hoffman and DeepMind co-founder Mustafa Suleyman, has poached artificial intelligence gurus from Google and Meta, according to CNBC analysis. Headquartered in Silicon Valley, Inflection’s aim is […]
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Sequoia leads $80 million funding round for Swiss expense management start-up Yokoy
Sequoia Capital is betting the next European tech giant will emerge in Switzerland. The Silicon Valley venture capital firm told CNBC that it led an $80 million funding round for Yokoy, a platform that helps large companies manage their expenses, invoicing and credit card processing. Previous investors Left Lane and Balderton Capital also took part […]
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5 money-saving tips from a TikTok lawyer who reads the fine print
Reading the fine print means you could be saving money that you might not have otherwise known about, according to Erika Kullberg, lawyer and founder of Plug and Law, a legal tech start-up for small businesses and entrepreneurs. Kullberg found that you could be eligible for compensation for everything from getting bumped from your flight […]
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Honeywell and Trane back start-up making low-carbon alternative to concrete
Real estate is one of the worst carbon offenders, and concrete is a massive part of that. The process to create concrete emits more than 2 billion tons of carbon dioxide annually. That’s why the race is on to come up with alternatives to concrete in construction. Canada-based Nexii has created a new wall system […]
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Indian beauty company Nykaa looks to physical retail expansion to meet consumer demand for offline sales
While Nykaa started as an e-commerce platform, founder and CEO Falguni Nayar is a “big believer” in physical retail and said there is demand from consumers. “The last two years have been very much impacted by Covid-19 and what it does to physical retail. However, we do believe that if you look at the math […]
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Indian beauty company Nykka looks to physical retail expansion to meet consumer demand for offline sales
While Nykka started as an e-commerce platform, founder and CEO Falguni Nayar is a “big believer” in physical retail and said there is demand from consumers. “The last two years have been very much impacted by Covid-19 and what it does to physical retail. However, we do believe that if you look at the math […]
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