The lack of charging infrastructure is a major barrier to entry for those looking to convert gas-powered vehicles to electric. This process is an essential component of fighting climate change, and luckily, it’s becoming easier to do. As of July 2023, the U.S. installed more than 160,000 charging stations throughout the nation, many of which […]
Cyvl.ai is bringing data-driven solutions to transportation infrastructure
In the summer after his freshman year at Worcester Polytechnic Institute, an engineering school in Worcester, Massachusetts, Cyvl.ai co-founder and CEO Daniel Pelaez needed a job. He went home and worked at his local public works department, where he noted that there was very little software for tracking road repairs. He was told to go […]
AI and data infrastructure drives demand for open source startups
A new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, with the adjacent data infrastructure vertical also heating up. Runa Capital, the venture capital (VC) firm that upped sticks from Silicon Valley and moved its HQ to Luxembourg in 2022, has published the Runa Open Source Startup […]
Nigerian fintech Zone raises $8.5M seed to scale its decentralized payment infrastructure
African financial institutions typically scale their solutions using a mix of local and foreign tech. Appzone is one of the standout local fintech software providers for banks and fintechs, providing better pricing and flexibility. For over a decade, the Nigeria-based Appzone has functioned as an enabler (at payment rails and core infrastructure) within banking and […]
Taiko raises $37M to build web3 infrastructure for a censorship-free internet
Amid the speculation and volatility in the casino-like crypto land, there remains a subset of individuals who espouse blockchain’s potential to decentralize various aspects of human activities for the greater good. Taiko‘s founder Daniel Wang is one of these idealistic founders. A serial entrepreneur, Wang initially wanted to bring decentralization to social platforms. Decentralized networks […]