Electra found a cheap, clean way to purify iron, and it’s raising $257M to make it happen

Electra has raised $76.3 million to clean up the dirty ironmaking industry, TechCrunch has learned. The startup has developed a novel method of using electricity to coax pure iron out of low-grade ores, opening the door to cleaner steel. The new funding round, which was disclosed in a regulatory filing, seeks to raise a total […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Electra has raised $76.3 million to clean up the dirty ironmaking industry, TechCrunch has learned. The startup has developed a novel method of using electricity to coax pure iron out of low-grade ores, opening the door to cleaner steel. The new funding round, which was disclosed in a regulatory filing, seeks to raise a total
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Hindustan Unilever in talks to acquire Peak XV-backed Minimalist for up to $350M

Consumer goods giant Hindustan Unilever is in advanced talks to acquire four-year-old direct-to-consumer startup Minimalist for up to $350 million, according to two people familiar with the matter. An acquisition would add to the Unilever subsidiary’s buying spree in India, where it expanded into the health and wellbeing category by acquiring Oziva and Wellbeing Nutrition […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Consumer goods giant Hindustan Unilever is in advanced talks to acquire four-year-old direct-to-consumer startup Minimalist for up to $350 million, according to two people familiar with the matter. An acquisition would add to the Unilever subsidiary’s buying spree in India, where it expanded into the health and wellbeing category by acquiring Oziva and Wellbeing Nutrition
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Researchers are aiming to bring the magic of playing music in person to the virtual world. The Joint Active Music Sessions (JAMS) platform, created at the University of Birmingham, uses avatars created by individual musicians and shared with fellow musicians to create virtual concerts, practice sessions, or enhance music teaching.Researchers are aiming to bring the magic of playing music in person to the virtual world. The Joint Active Music Sessions (JAMS) platform, created at the University of Birmingham, uses avatars created by individual musicians and shared with fellow musicians to create virtual concerts, practice sessions, or enhance music teaching.[#item_full_content]

Apheris rethinks the AI data bottleneck in life science with federated computing

AI is fundamentally dependent on data, but the vast majority of health data goes unused for understandable reasons — chiefly patient privacy, regulation and IP protection. “This is the core underlying problem” of building AI solutions for life sciences and related areas like pharmaceutics, said German entrepreneur Robin Röhm. And not only that: collaboration when […]

© 2024 TechCrunch. All rights reserved. For personal use only.

AI is fundamentally dependent on data, but the vast majority of health data goes unused for understandable reasons — chiefly patient privacy, regulation and IP protection. “This is the core underlying problem” of building AI solutions for life sciences and related areas like pharmaceutics, said German entrepreneur Robin Röhm. And not only that: collaboration when
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

A look back on my favorite episodes of TechCrunch’s Found podcast

TechCrunch’s Found podcast, which has brought listeners the stories behind the startups since April 2022, released its final episode today. I’ve been one of the hosts of Found since November 2022 and in that time have spoken to more than 75 founders about the startups they are building. These founders hail from many different backgrounds […]

© 2024 TechCrunch. All rights reserved. For personal use only.

TechCrunch’s Found podcast, which has brought listeners the stories behind the startups since April 2022, released its final episode today. I’ve been one of the hosts of Found since November 2022 and in that time have spoken to more than 75 founders about the startups they are building. These founders hail from many different backgrounds
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

After ups and downs, food delivery startup Epicery closes shop

French food delivery startup Epicery will cease operations Tuesday, after one last holiday season hurrah for its clients and the local food businesses that were using the platform during its nine years in business in exchange for a 25% commission. In a message announcing the decision to customers earlier this month, Epicery’s team said that […]

© 2024 TechCrunch. All rights reserved. For personal use only.

French food delivery startup Epicery will cease operations Tuesday, after one last holiday season hurrah for its clients and the local food businesses that were using the platform during its nine years in business in exchange for a 25% commission. In a message announcing the decision to customers earlier this month, Epicery’s team said that
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Gupshup investor cuts value of its stake again, implying new valuation of $486M

Asset management firm Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by another 7.7% last month, lowering the value of its holding in the SaaS startup by a total of more than 65% since its investment in mid-2021. One of the funds operated by the U.S. asset manager valued its […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Asset management firm Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by another 7.7% last month, lowering the value of its holding in the SaaS startup by a total of more than 65% since its investment in mid-2021. One of the funds operated by the U.S. asset manager valued its
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Bench to be acquired after abruptly shutting down

Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired by Employer.com for an undisclosed price in a last-minute deal, TechCrunch has exclusively learned. The San Francisco-based HR tech company Employer.com focuses on payroll and onboarding, in contrast to Bench, […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired by Employer.com for an undisclosed price in a last-minute deal, TechCrunch has exclusively learned. The San Francisco-based HR tech company Employer.com focuses on payroll and onboarding, in contrast to Bench,
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Researchers have developed a new radar signal–processing technology that can dramatically enhance the resolution of existing low-resolution radars. This technology enables precise object recognition using existing hardware specifications without the need for bandwidth expansion.Researchers have developed a new radar signal–processing technology that can dramatically enhance the resolution of existing low-resolution radars. This technology enables precise object recognition using existing hardware specifications without the need for bandwidth expansion.Telecom[#item_full_content]

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