Fast-growing South African venture FARO raises $6M to source, refurbish and sell surplus clothing

Global fashion brands are struggling with billions of dollars’ worth of unsold inventory. Mostly, these brands avoid reselling in core markets like the U.K. and the U.S. to prevent market cannibalization. Meanwhile, emerging markets like Africa heavily rely on secondhand clothing imports, but 30% to 40% of these items are deemed unusable upon arrival, leading to… Continua a leggere Fast-growing South African venture FARO raises $6M to source, refurbish and sell surplus clothing

Rockfish is helping enterprises leverage synthetic data

For years, Vyas Sekar would call up Muckai Girish, an old friend from undergrad, to talk through potential startup ideas and get Girish’s opinion. The two usually talked through an idea and ended the conversation at that. When Sekar called Girish with an idea involving synthetic data in early 2022, the conversation didn’t just end… Continua a leggere Rockfish is helping enterprises leverage synthetic data

Google-backed Pixxel launches India’s first private satellite constellation

Pixxel, an Indian space tech startup backed by Google, has successfully launched the first three hyperspectral satellites of its commercial constellation Firefly. © 2024 TechCrunch. All rights reserved. For personal use only.

With $30M in new funding, SEEQC thinks chips are key to building useful quantum computing

Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with investments and partnerships in that very space. Now one of the companies that Nvidia partners with in quantum development is announcing funding. SEEQC, a quantum… Continua a leggere With $30M in new funding, SEEQC thinks chips are key to building useful quantum computing

EV startup Harbinger’s obsession with simplicity fuels $100M Series B

It’s not an easy time to raise money for an electric vehicle startup, especially given how many have failed or are close to failing. But Los Angeles-based Harbinger has pulled it off by taking a hyper-focused approach to electrifying commercial trucking.  The reward is a $100 million Series B, co-led by early Tesla investor Capricorn… Continua a leggere EV startup Harbinger’s obsession with simplicity fuels $100M Series B

Thoras helps companies reach reliability without overspending on cloud costs

For years, twin sisters Nilo Rahmani and Jen Rahmani swapped stories — and commiserated — over the pain points they were facing in their respective engineering jobs. Nilo told TechCrunch that a frequent topic of conversation was about frustrations over the reliability platforms they were using at work. When they noticed the reliability landscape starting… Continua a leggere Thoras helps companies reach reliability without overspending on cloud costs