The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]
Hardware companies dominate a list of promising climate tech startups
What will it take for a startup to make a dent in climate change? The most promising candidates tend to be hardware startups that have spent years developing and proving their technologies, according to a new report. Oh, and it helps to specialize in energy or raw materials. The report, published by Congruent Ventures and […]
La French Tech gears up to go in a new direction
After weeks in political limbo, France now has a new prime minister, former EU’s Brexit negotiator Michel Barnier. But parliament remains bitterly divided, generating uncertainty for many economic sectors — including the country’s dynamic startup ecosystem, which had so far benefited from public support. La French Tech isn’t just a term referring to France’s 25,000 […]
Reonic raises €13 million to help small installers of green tech like heat pumps and solar panels
European regulators are pushing hard for greener energy. The REPowerEU plan calls for 10 million additional heat pumps to be added by 2027, and solar panels are also on the rise. But most installations are done by small businesses that could be more productive with better work processes. This is where German startup Reonic comes […]
Palantir’s CTO, and 13th employee, has become a secret weapon for Valley defense tech startups
On August 5, Palantir’s CTO Shyam Sankar stood in front of about 20 nervous new employees at the company’s Washington, D.C. office and gave a speech you’d expect at a new hire meeting: company mission, Palantir’s history, etc. But there was one part that would’ve seemed unfathomable a few years ago: Sankar evangelized the importance […]