Airly fights air pollution with a network of affordable sensors

Cleantech startup Airly wants to help communities around the world improve air quality with affordable sensors and software that provides actionable insights. Based in London and Krakow, the startup announced today it has raised $5.5 million. The round was led by firstminute capital and Pi Labs, with participation from returning investors like the Sir Richard…

Sequoia Capital says it’s marking its investment in FTX down to $0 as a liquidity crunch threatens to put the crypto exchange into bankruptcy

Sam Bankman-Fried stunned the crypto world on Tuesday when he announced his exchange FTX was to be acquired rival exchange Binance — which then bailed on the deal on Wednesday. Getty Images VC giant Sequoia Capital told investors it’s marking down its investment in FTX to zero. FTX had asked Binance for help amid a…