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Ukraines mineral wealth has been a key factor in its negotiations with the U.S. as the two countries work out details for a ceasefire agreement in Ukraines war with Russia. and Ukraine announced an agreement on March 11, 2025. The war has severely limited access to data about Ukraines natural resources.
On February 24, Russia launched an invasion of neighboring Ukraine after months of a military build-up on its borders. News outlets in Ukraine are also reporting outages caused by cyberattacks, which the Ukrainian government says it has “unambiguously linked” to Moscow. GET IN TOUCH.
By now it’s no secret that Russia launched a full-scale attack on Ukraine earlier this week, which prompted several countries to consider new sanctions on the former. As local factories closed on Thursday, some in the tech and auto industries worry about the potential impact on the global supply chain.
As so many have said — far more eloquently than me — the invasion of Ukraine is a story that impacts all of us, whether we’re on the ground there or not. My brilliant colleagues put together a story on how the techindustry is responding to Russia’s invasion of Ukraine ; I urge you to read it. Jambo raises $7.5M
Emmy Gengler is the CEO of Softjourn , a global technology services provider with offices in California, Ukraine and Poland. “The calls and texts started early, asking for power supplies and tools for fixing engines,” said Katia Ryzha, who lives and works in Ivano-Frankivsk, a small city in Western Ukraine.
Mark Boggett is the CEO and co-founder of the Seraphim Space Manager LLP , the world's first listed fund focused on space tech. Multiple players in the industry have recently set their sights on direct-to-mobile connectivity from space. We see 2023 as the year when the industry embraces quantum capabilities. Mark Boggett.
How tech is responding to Russia’s invasion of Ukraine : The technology world is a global industry, which means that when geopolitical conflicts arise, it impacts the world that TechCrunch covers directly. We have notes up on cyberattacks and companies in Ukraine. Big Tech Inc. Now, to work. The TechCrunch Top 3.
Funding sources for tech startups in Ukraine have gone off a cliff this year, with investors (and their LPs) wary of taking on the risk of backing potentially promising ideas and people who have stayed in the country amid the sustained, persistent and increasingly ugly onslaught from Russia. billion the year before.
The industrial biotech startup is working on bringing a novel protein to market — one it says will offer a nutritious, sustainable alternative to animal-derived proteins. Since the Ukraine war started, Europe has been facing an exacerbated supply vs demand issue. Russia being a major but unreliable supplier of gas to Europe.).
Much of it was on YouTube and was related to the country’s invasion and subsequent war with Ukraine. AM Ventures raised $100 million for industrial 3D printing , writes Haje. Resourceful Humans: On TechCrunch+, Kyle reports that investors remain bullish on HR tech as the Great Resignation slows. Big Tech Inc.
Most chipmakers believe the ongoing Russia-Ukraine conflict won’t worsen the global shortage of chips that’s been plaguing the tech and auto industries. The supply chain has been showing some signs of recovery as of late, but industry leaders still are, at best, cautiously optimistic about the entire situation.
Varjo and partner Dogfight Boss also announced in August that their headset-based F-16 simulator had been deployed to help Ukraine train fighter pilots in its war with Russia. Explore the full 2025 list of Fast Companys Most Innovative Companies , 609 organizations that are reshaping industries and culture. In the U.S.,
Despite the war in Ukraine, accelerating inflation and increasing interest rates, the technology sector has still seen M&A happening in the United States. In the first half of 2022, large tech M&A transactions included Microsoft acquiring Activision Blizzard for $69 billion, Google buying Mandiant for $5.4 Acquisition criteria.
In conversations about freelancing and online marketplaces for remote contract workers of the techindustry, the name of oDesk floats up pretty often. In addition to speaking at IDCEE’13 in Kyiv, Cooper had another goal in visiting Ukraine (and Russia, a couple of days before that). million jobs.
Late-stage tech companies must do right by their employees: Reassess your 409A valuations. Last year was a record 12 months for the techindustry, with immense amounts of money flowing into both early- and late-stage companies as well as an all-time-high number of IPOs. What’s affecting late-stage startup valuations in tech?
“Greece is one of the global superpowers in shipping, so when I was working in consulting, I became close to the industry and really fell in love with it.”. After consulting, Diakogiannis spent time in venture capital, were he saw how labor marketplaces are disrupting industries like construction, manufacturing, oil and gas.
Epic Games buys Bandcamp : Straight from left field, this deal took the tech world by surprise. The push to fund Ukraine’s war-torn nation-state with crypto is turning out to be An Actual Thing. TechCrunch has notes on how Ukraine is using the coin more generally and from a military perspective. Big Tech Inc.
You may not have heard of Amadeus, but if you’ve taken a trip, you’ve probably interacted with its tech stack. Dear Sophie, We’re a startup that currently has an employee, who is originally from Ukraine, working for us on an H-1B visa. He is trying to get his parents out of Ukraine. United with Ukraine.
It’s a fact that startups, regardless of industry, face more hurdles today than they did a year ago. Driven by inflation, the war in Ukraine and other economic headwinds, recessionary fears have put a squeeze on sources of funding that were previously easily attainable. The consequence?
Cowbell Cyber, a full-stack insurance company that provides cyber insurance to SMEs, has closed a Series B of $100 million, which it will be using to continue investing in its data science and “risk engineering”, as well as underwriting tech, claims management, its reinsurance business Cowbell Re, and expanding its go-to-market channels.
The White House release calls Haugen a “specialist in algorithmic product management” and an “advocate for more humanity and transparency across the tech and social media industry, especially as it relates to teen mental health.”.
The latest from Ukraine: TechCrunch continues to cover the Russian invasion of Ukraine when it lands in our remit. It was destined to be a weird MWC by any measure ,” writes our own Brian Heater, diving into the state of the smartphone industry. Big Tech Inc. social networking services. “ social networking services. “
Twitter tries to restore service in Russia : While some tech companies are working to cut ties with Russia after the country’s government invaded Ukraine, others are trying to keep their services up in the country. billion, and indicates that there is still ample capital in the market for self-driving tech.
So, many companies are building tech to make Ethereum scale. Reface removes itself from the Russian market : When Russia invaded Ukraine, many companies immediately yanked their services from its borders. Tile builds anti-stalking tech into its platform : Apple and Tile have built ways for users to better track their devices.
in the Bay Area, some in Israel and others spread out across the world, including a few from Ukraine, who he reports are safe in Poland at the moment. The funding was led by Lightspeed Venture Partners with participation from Entrée Capital, Hetz Ventures and a slew of individual techindustry investors.
Evolving elephants to unicorns : Annie reports that Kenya’s tourism-focused startup studio Purple Elephant Ventures raises $1 million pre-seed funding to bring some modernization to the industry. Entrepreneurs, in response, have started to develop tech meant to minimize the scale and damage of these natural disasters. Big Tech Inc.
Startups and VC The truth of the matter is that Mobile World Congress (MWC) was never a consumer tech show, per se, but the participation of various smartphone makers transformed it into a handy launching pad. In the face of conscripted co-founders and blacked-out bunkers, Ukraine’s techindustry marches on.
The global economic and political turmoil of the past year has had a meaningful impact on corporate innovation in the technology industry and beyond. David Magerman is managing partner at Differential Ventures.
Farmers don’t get embarrassed when the price of corn drops; similarly, there’s no reason for startup founders to lose their joy because publicly traded tech stocks are undercutting their valuations. In the AV industry, the ultimate goal is to create vehicles that can operate in every situation that a human driver could navigate.
My time in tech has spanned a couple of recessions, so a lot of this feels familiar. Tech workers in highly specialized, non-fungible roles are usually the ones who turn out the lights on the last day. IP and cybersecurity disputes are top legal concerns for tech companies. Everyone else? Image Credits: Bloomberg / Getty Images.
Tech talent flees Russia : As the Russian invasion of Ukraine grinds along, technology companies of all sizes are trying to figure out how to handle their business operations and staff. If the tech can make mining more efficient, it could cut its carbon footprint, right? Big Tech Inc. The TechCrunch Top 3.
“However, we anticipate a long tail of use cases for industry players searching for upcoming IPO candidates, monitoring competitors in the market or seeking validation for an investment in their next round.” ” VC Exit Predictor might perform well on PitchBook’s test set. .” have a female founder.
Sequoia has over the years made a name for itself for its early-stage bets on younger companies, many of which (Apple, Klarna and WhatsApp, to name a few) have gone on to become tech giants. However, it seems there will still be some lines drawn in that process.
Virtual Reality (VR) has struggled to transition too far beyond gaming circles and specific industry use-cases such as medical training , but with the burgeoning metaverse movement championed by tech heavyweights such as Meta , there has been a renewed hope (and hype) around the promise that virtual worlds bring. ” Training day.
” EverestLabs endeavors to solve an enduring challenge in the recycling industry: making the plants that process residential and commercial recycling more effective. “The war in Ukraine and supply chain issues are challenging, but we are working around the issue,” Ambati said. It’s nearly Sisyphean.
As war escalates in Europe, it’s ‘shields up’ for the cybersecurity industry. As war escalates in Europe, it’s ‘shields up’ for the cybersecurity industry. Amanda Silberling: Big money + Big Tech = skeptical artists. .” Just how wrong were those SPAC projections? Photo: Rosley Majid / EyeEm /Getty Images.
Rising inflation and a supply chain that was already constrained by the pandemic and will now suffer further due to Russia’s war in Ukraine has led to a decrease in new car purchases, which means fewer used cars are hitting the market. That’s what makes Shift’s purchase of Fair’s tech so powerful. . of Shift’s outstanding shares.
million pre-seed round, a big one for the region, to try to make some sense of an unorganized and outdated industry where buyers are distrustful of sellers. Big Tech Inc. This is a similar antitrust legal battle against the tech giants that Epic Games is fighting itself. Buoyed by a new infusion of $6.2 Startups and VC.
How to Disrupt Any Industry with Longevity Science: No PhD Required , with FOXO Technologies. Finding True Love in Tech Partnerships: The Dos and Don’ts , with Mambu. Tech Driven Biology and Chemistry: Solving Science’s Hardest Problems at Scale , with Amazon Web Services. Trust as the New Currency in Tech , with Egon Zehnder.
It’s also teasing a Series B round coming next year — which it anticipates being one of 2023’s largest B rounds in Europe in the alternative proteins industry (for some context, another European startup, Planted, raised a $72M Series B round earlier this fall ). Heura’s plant-based ‘chicken’ hits UK shops.
added 528,000 new jobs last month and the unemployment rate has fallen to 3.5%, but for many people in tech, this is a distinction without a difference: according to layoffs.fyi, 467 startups have let go of 64,518 employees so far in 2022. When you are creating almost 400,000 jobs a month, that is not a recession.” million seed deck.
SoftBank — one of the most prolific investors in the last several years fueled by its mega-capitalized Vision Funds — has been hit hard by the crunch in the tech world. Last month, it noted that it lost an eye-watering $7.2 billion due to write-downs on the valuations of a number of its technology investments.
In Q1 of this year, it wrote checks to 17 companies, according to Crunchbase data, including to a few that TechCrunch has covered including corporate spend startup Ramp , tech-enabled homebuilder Homebound and Indian food delivery giant Swiggy. I, for one, will be curious to see who else Goldman backs or buys in Q2. Fast slows its roll.
The hardware-based security technology uses trusted hardware within the CPU to create the aforementioned enclave, allowing, for example, data teams in regulated industries like financial services and healthcare to use private data while preserving anonymity.
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