Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has exclusively learned. The company aims to be in 15 markets over the next two years. Of those 15 markets, Zypp Electric plans to launch its […]
Why AWS, Google and Oracle are backing the Valkey Redis fork
The Linux Foundation last week announced that it will host Valkey, a fork of the Redis in-memory data store. Valkey is backed by AWS, Google Cloud, Oracle, Ericsson and Snap. AWS and Google Cloud rarely back an open-source fork together. Yet, when Redis Labs switched Redis away from the permissive 3-clause BSD license on March […]
World Fund closes first €300M climate tech fund, seeking to follow-on and backing hardware
After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s target in 2021, but still a considerable number given a background of war and economic uncertainty. The VC originally emerged from the founders of the Ecosia independent search engine, where search enquires funded the planting of […]
With backing from NATO Innovation Fund, OTB Ventures will invest $185M into European deep tech
Not a day goes by without some confirmation that deep tech is on the rise in Europe — and public and private capital investors are here for it. Latest case in point, OTB Ventures, which closed a $ 185 million fund to invest in deep tech in Europe that it will mostly deploy at the […]
2-year-old LatAm fintech Yuno reaches $150M valuation with backing from DST, Tiger, a16z
A couple of years ago, payments orchestration was a foreign term to many large companies Juan Pablo Ortega would speak to. Today, the Yuno co-founder and CEO doesn’t have to do as much explaining. “The perception has changed dramatically,” Ortega told TechCrunch. “Many large companies are now well aware of what payment orchestration is, and […]