Introduction: * Société Générale, a French financial institution, acquired Shine, a fintech startup, four years ago. * Now, Société Générale has announced plans to sell Shine to Ageras, a Danish company in the fintech and accounting space. Background: * Société Générale acquired Shine for around €100 million in 2020 to expand its online
Introduction In recent years, the healthcare industry has seen a significant shift towards the adoption of artificial intelligence (AI) technologies to streamline processes and improve patient care. One standout company leading this charge is Abridge, a Pittsburgh-based startup that has developed an innovative solution to address the time-consuming task of
Introduction When we think about water usage, we often focus on drinking water and personal hygiene. However, the reality is that a significant portion of our water resources goes towards agriculture. In low-income countries, up to 90% of water is used for crop irrigation, highlighting the crucial role of water
Introduction In a world where digital interactions consume a significant portion of our daily lives, it's important to find a balance with technology. Roots, a new app designed for iOS, offers a unique approach to combatting app addiction by empowering users to take control of their screen time.
Introduction Apple's practice of incorporating ideas from third-party developers into its own iOS and Mac features has raised concerns over the potential impact on those third-party apps. This practice, known as "sherlocking," has been a common occurrence at Apple's Worldwide Developers Conference. Evolution of
Introduction Self-driving vehicles are becoming a reality, thanks to advanced sensor technology. While cameras and lidars have been the go-to sensors for autonomous driving, a new player has emerged in the form of 4D imaging radar. This high-resolution radar technology is changing the game for autonomous vehicles, smart cities, and
Introduction James Quazi, a seasoned climate tech founder, has launched Balto Energy, a startup focused on accelerating the electrification of homes in the United States. With a mission to help homeowners choose and finance energy projects efficiently, Balto Energy aims to revolutionize the way we power our homes. The Need
Introduction The impact of climate change on sewage systems is becoming more pronounced, leading to increased risks, rates, and costs of sewage failures. To address this pressing issue, innovative solutions are needed to improve the inspection and management of underground infrastructure. SewerAI is a company that utilizes AI technology to
Introduction Golf has seen a surge in popularity recently, partly due to the pandemic and the success of Netflix's Full Swing documentary series. With over 531 million rounds of golf played in the U.S. in 2023, finding tee times at public golf courses has become increasingly challenging
Introduction Brothers Tobie and Jaime Hitchcock created SurrealDB, a database architecture that simplifies database management and enhances performance for developers working on cloud-based software-as-a-service systems. Common Challenges in Database Management * Developers often spend a lot of time on infrastructure management and ensuring data consistency across multiple databases. * They have to
Introduction Zal Bilimoria has been a solo general partner at Refactor Capital since 2018, a decision he credits to his former colleague David Lee. Lee co-founded Refactor Capital with Bilimoria in 2016, where they initially raised a $50 million fund together. After Lee's retirement in 2018, he encouraged
Introduction Pok Pok, a renowned kids' app maker, has become a household name in the iOS developer community. The company is known for its play-based learning experiences tailored for preschoolers. Recently, Pok Pok has expanded its horizons by securing new funding that will allow it to bring its app
Introduction Generative AI technology is gaining momentum in the customer support sector, offering the potential to revolutionize contact center operations. However, there are differing opinions on how this technology will impact the industry. Proponents vs. Critics * Proponents believe that generative AI will enhance human workers' abilities and provide more
Introduction In the world of autonomous vehicles, Raquel Urtasun, the founder and CEO of Waabi, has been at the forefront of developing AI systems that mimic human reasoning. Waabi, a startup focusing on autonomous trucking, takes a unique 'AI-first approach' to accelerate the deployment of self-driving vehicles. The
Introduction Fisker Group Inc., an electric vehicle (EV) startup founded by designer Henrik Fisker, has filed for Chapter 11 bankruptcy protection in Delaware District Court. This comes after a series of challenges with its Ocean SUV, culminating in recalls and legal issues. Background * Fisker Group estimated assets of $500 million
Overview Genspark is a new AI-powered search engine that aims to revolutionize how we search for information on the internet. Developed by Eric Jing and Kay Zhu, Genspark utilizes generative AI to provide custom summaries in response to search queries, making it stand out from existing search engines like Google