In 2022, only 2.1% of venture capital investments in the U.S. went to businesses that are founded solely by women. But some say the gap may be closing. Maskot | Digitalvision | Getty Images Starting a business is always challenging and while women have historically faced additional challenges, some female founders say the landscape is … Read more
Anushka Purohit, the co-founder of Breer, a Hong Kong-based startup that turns leftover bread into craft beer. Breer When Anushka Purohit was just 10 years old, she was appalled by the sight of a Starbucks barista throwing leftover cakes and sandwiches into the garbage. A decade later, the memory helped inspire her to launch a … Read more
CNBC is now accepting nominations for the 2024 Disruptor 50 list — our annual look at the most innovative venture-backed companies using breakthrough technology to meet increasing economic and consumer challenges. The deadline for submissions is Friday, Feb. 16 at 11:59 pm EST. All independent, privately-owned companies founded after Jan. 1, 2009, are eligible, and … Read more
Venture funding has taken a hit since 2022, as investors pull back on capital amid economic headwinds. According to a report from research firm Tracxn, total funding into Southeast Asian startups fell by 71% to $2.3 billion in the first half of 2023 — compared to the same period one year ago. Singapore startups attracted … Read more
The co-founders of Silent Eight, from left to right: Michael Wilkowski, Julia Markiewicz and Martin Markiewicz. Silent Eight WARSAW — When it comes to financial crime, banks can often be “one decision away from a huge mess,” Martin Markiewicz, CEO of Silent Eight told CNBC. That’s because the risk of fines and reputational damage is high … Read more
Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Picture courtesy Climeworks The U.S. Division of Vitality is investing as much as $1.2 billion in big vacuums that suck carbon out of the air in an effort to gradual international warming. So-called direct air seize, or DAC, is an rising know-how that has not scaled … Read more
Voicemod has created 20 “AI people,” digital personas that enable avid gamers to talk in voices apart from their very own. Voicemod A synthetic intelligence agency in Spain has unveiled numerous “AI people” that enable folks to change their voices in video video games — in actual time. Voicemod, which is predicated in Valencia, on … Read more
Sachin Dev Duggal, CEO, Builder.ai, April 19, 2023. Scott Mlyn | CNBC LONDON — Microsoft invested an undisclosed sum into Builder.ai, a startup that helps corporations make purposes with none coding expertise, doubling down on its synthetic intelligence efforts. Based in 2017 and headquartered in London, Builder.ai falls into the camp of startups that make … Read more