Nano Dimension announced plans Wednesday to acquire Desktop Metal. The finer financial details are still being worked out, ultimately ranging anywhere from $135 million to $183 million. At the high end, the deal marks more than a 27% premium over Desktop Metal’s closing price. The news brings closure to more than two years of volleying … Read more
Cartken and its diminutive sidewalk delivery robots first rolled into the world with a narrow charter: carrying everything from burritos and bento boxes to pizza and pad thai that last mile to hungry customers. But the vision — thanks to the startup’s approach to autonomous vehicle technology — was always broader, according to Cartken co-founder … Read more
Proton, the Swiss-based pro-privacy productivity app maker, has a new feather in its cap after bringing document creation, editing and collaboration capabilities to its secure cloud storage offering. The launch of Docs in Proton Drive, as the new product is branded, follows its acquisition of secure note-taking app Standard Notes in April. Proton launched Proton … Read more
For the past couple of years, innovation has been accelerating in new materials development. And a new French startup called Altrove plans to play a role in this innovation cycle. The deep tech startup has already raised €3.7 million (around $4 million at current exchange rates). If you’re interesting in new materials development, you may … Read more
European regulation is turning ESG reporting from a nice-to-have to a must. This creates new tailwinds for startups such as Paris-based Apiday, whose platform targets private equity funds and blue-chip companies needing to track and pilot sustainability practices. Asset management firms have been a key target for Apiday, especially European ones. Because of the Sustainable … Read more
Google has issued its 2024 Environmental Report, a more than 80-page document describing all of the massive company’s efforts to apply tech to environmental issues and to mitigate its own contributions. But it totally dodges the question of how much energy is AI using — perhaps because the answer is “way more than we’d care … Read more
SpaceX’s ambitious plans to launch its Starship mega-rocket up to 44 times per year from NASA’s Kennedy Space Center are causing a stir among some of its competitors. Late last month, Blue Origin and United Launch Alliance submitted comments calling on regulators to ensure minimal disruptions to other launch providers in the area, with Blue … Read more
The situation around a data breach that’s affected an ever-growing number of fintech companies has gotten even weirder. Evolve Bank & Trust announced last week that it was hacked and confirmed the stolen data has been posted to the dark web. Now Evolve has sent a cease and desist letter to the writer of a … Read more
Mastodon, the open-source, decentralized alternative to X (formerly Twitter), is rolling out a new feature that’s meant to make the app more appealing for those who use it to keep up with news and information from writers and journalists. Starting Tuesday, the company is adding clickable author bylines on link posts that can direct Mastodon … Read more
The alternative investment platform Yieldstreet is the latest company to reveal that its customers were affected by the recent data breach at Evolve Bank and Trust, TechCrunch has exclusively learned. On Tuesday, Yieldstreet spokesperson Clare Burrows confirmed to TechCrunch that “some Yieldstreet customer information may have been impacted” as a consequence of the Evolve breach. … Read more