Runa Capital, which launched there in 2010, says it has raised $55 million towards its fourth fund, aiming for a hard cap of $250 million. And after 12 years in the US, the normally Palo Alto-based VC says it is now relocating its HQ to Luxembourg, to re-focus its attention on the European market, as…
Monthly Archives: September 2022
In recent years, a cottage industry has sprung up around the industrial internet of things (IoT) landscape — and the data generated by it. It’s already overfull with platforms recording, analyzing and acting on data from temperature, motion and other sensors along those lines in buildings, warehouses and factories. Companies like Dabbel are attempting to…
Shipping and logistics remain profitable tech ventures. At least, that appears to be the case with the closing of MyCarrier’s Series B today. A startup with a freight shipping platform for small- and mid-sized shippers, MyCarrier raised $22 million in a venture round led by NewRoads Capital with participation from Greycroft and Lerer Hippeau. CEO…
Following this week’s closing of the Ultimaker/MakerBot merger, the combined company is announcing a new name. The entity will be known as [drumroll please] UltiMaker. As far as merged names go, it’s not a particularly exciting one. The new company name is UltiMaker, with a camelcased “M” to acknowledge MakerBot’s place in all of this….
More antitrust litigation targeting Big (ad)Tech: Google is being sued in the UK and the Netherlands where two suits have been announced today seeking damages on behalf of publishers who claim they have been harmed by anti-competitive adtech practices. Per Reuters, publishers are seeking up to €25 billion in damages from Google for lost ad…
Would you buy a fully cloud-based Nintendo console? Former Nintendo of America president Reggie Fils-Aimé thinks that’s where the ship is heading. Reggie spoke about what he’d like the Nintendo Switch‘s successor to achieve in an interview with Fanbyte at PAX West. And he’d like to see the Kyoto-based company tackle the burgeoning cloud gaming…
With iOS 16 available to users with an iPhone 8 or iPhone SE 2 and newer, there are plenty of smaller features that users are already discovering. One particular such feature for me is found in the Photos app. There are moments when we’re taking so many images at once with our iPhone cameras that…
CFOTO/Future Publishing via Getty Images TikTok’s owner ByteDance bought a hospital chain that focuses on women and children, reportedly for $1.5 billion. ByteDance’s foray into healthcare is not its only curious investment outside of the social media space. See some of ByteDance’s other investments, from an education company to a chain of coffee shops. TikTok…
Hello, tech friends. I’m Jordan Parker Erb, writing to you from New York — but thinking about my home state, Montana. While I was visiting last month, I put together a guide to the state and, more specifically, what not to do while vacationing there. If you’re looking to book a trip out west this…
Larry Summers, former US Treasury Secretary. Chip Somodevilla/Getty Images Larry Summers said the US inflation data due Tuesday won’t deter the Fed from aggressive interest rate hikes. Investors are expecting an “appropriate” 75 basis point raise, the former Treasury Secretary said. Economists expect a small drop in inflation in the August report, after it cooled…