NZ Super Fund, New Zealand’s sovereign wealth fund, announced that it will commit up to $70 million to the latest technology-focused fund of venture capital firm Movac. The commitment is for the Movac Growth 6 Fund, an investment vehicle that seeks to back fast-growing, established technology companies in New Zealand, the wealth fund said in… Continue reading NZ Super Fund commits up to $70m to VC firm Movac’s new tech-focused vehicleMovac is targeting a $100m first close for its Growth 6 Fund.
Category: Tech News
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Clean Technica: Which Will Prevail: Musk’s Social Media Controversies Or Musk’s Machine Focus & Innovation?002427
He’s been called “belligerent.” He’s been accused of treating people like collateral damage instead of human beings, of becoming “unhinged.” He’s self-described as “the Chief Twit.” He’s Elon Musk, CEO of Tesla, and he’s been the target of a whole lot of criticism since his 2022 purchase of Twitter. It forces one to wonder, which… Continue reading Clean Technica: Which Will Prevail: Musk’s Social Media Controversies Or Musk’s Machine Focus & Innovation?002427
Astronauts Prepare to Grow Juicy Dwarf Tomatoes in Space
Time for a little gardening. Space Garden Among other spacefaring duties, growing plants up on the International Space Station (ISS) has been a longtime priority for NASA. The space agency has been off world gardening for years, in the hopes of eventually progressing it past a science experiment to legitimate agriculture. Now, NASA has announced… Continue reading Astronauts Prepare to Grow Juicy Dwarf Tomatoes in Space
Google is shutting down Duplex on the Web
Another Google service will soon join the company’s graveyard of apps. The search giant quietly announced this week it is shutting down Duplex on the Web. In a support page spotted by TechCrunch, the company notes the service won’t work after the end of 2022. “As we continue to improve the Duplex experience, we’re responding… Continue reading Google is shutting down Duplex on the Web
US Army starts testing a modified version of Canoo’s electric pickup truck
Earlier this year, electric vehicle startup Canoo warned it was running low on cash. Since then, the company’s prospects have taken a turn for the better. Over the span of two days in July, Canoo announced separate agreements to provide Walmart with 4,500 EVs and the US Army with a test vehicle. This week, the… Continue reading US Army starts testing a modified version of Canoo’s electric pickup truck
Fortnite’s latest season adds a new map, dirt bikes and Doomguy
Following an explosive end to the battle royale’s third chapter, Fortnite’s newest season has arrived. Chapter four comes complete with an entirely new island for players to fight over. It features a handful of landmarks that draw on fantasy tropes, including a castle known as The Citadel that’s home to “The Ageless.” There’s also Anvil… Continue reading Fortnite’s latest season adds a new map, dirt bikes and Doomguy
Elon Musk says Apple has ‘fully resumed’ advertising on Twitter
According to Elon Musk, Apple has “fully resumed” advertising on Twitter. The billionaire made the comment during a Twitter Spaces conversation he broadcast from his private plane on Saturday evening. On November 28th, Musk claimed Apple had “mostly stopped advertising on Twitter” and threatened to remove the platform’s iOS client from the App Store. “Do… Continue reading Elon Musk says Apple has ‘fully resumed’ advertising on Twitter
SE Asia VCs bolster leadership teams as portfolio demands growRegional VCs including AC Ventures, Jungle and Wavemaker have beefed up their leadership…
In Southeast Asia, venture capitalists have been dispensing sage advice to startup founders on how to build resilient teams and groom top leaders. Today, many of them find themselves executing the same in their own firms. Venture capital is a relatively new asset class in Southeast Asia. As such, most of the region’s VC players… Continue reading SE Asia VCs bolster leadership teams as portfolio demands growRegional VCs including AC Ventures, Jungle and Wavemaker have beefed up their leadership…
Early-stage startups keep Vietnam’s deal counter buzzing in 2022
Global venture capital funding has witnessed a marked slowdown this year, and Vietnam is no exception. Venture investors, however, still see abundant opportunities for long-term growth in the country’s tech space. The Southeast Asian economy is forecasted to grow by 4-5% annually over the next 10 years, with Vietnam leading the charge at a projected… Continue reading Early-stage startups keep Vietnam’s deal counter buzzing in 2022
Singapore’s AirCarbon Exchange looks to raise $50m in Series B funding
Singapore-based carbon trading exchange and clearing house AirCarbon Exchange is looking to raise $50 million in its upcoming Series B round that is expected to close in end-March or early-April next year, a top executive of the firm told DealStreetAsia. The round has already piqued the interest of 17 parties including banks, financial institutions, and… Continue reading Singapore’s AirCarbon Exchange looks to raise $50m in Series B funding