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Reef.ai is helping companies track and expand net revenue retention

TechCrunch

When it comes to measuring SaaS success, companies look at a number of key metrics, including annual recurring revenue (ARR) and net revenue retention (NRR). We call ourselves a net retention engine, and there’s nothing out there that really focuses on that as a specific goal,” he said. Today, the company announced a $5.2

.Net 233
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Compass files S-1, reveals $3.7B in revenue on net loss of $270M

TechCrunch

The company’s last fundraise was in July 2019, when Compass — a company that has built a three-sided marketplace for the real estate industry, along with a wide set of algorithms to help make it work — raised a $370 million round of funding. That financing valued Compass at $6.4 The company’s revenues have increased from $186.8

.Net 260
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Scientists repeat breakthrough fusion experiment, netting more power than before

TechCrunch

The fact that scientists have achieved net-positive fusion power twice should hearten investors , who bet over $4 billion on the industry in 2021 and 2022. While the most recent experiment won’t garner quite as many headlines as the one in December, it’s just as important. A breakthrough is meaningless if it can’t be replicated.

.Net 237
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Advanced Ionics nets $12.5M Series A to inject green hydrogen into heavy industry

TechCrunch

Instead, the startup is focused on heavy industry, which represents about a third of global emissions. Hydrogen is one of the main feedstocks for a vast majority of industrial processes,” Mason told TechCrunch+. Which is why Advanced Ionics is a hydrogen company that has nothing to do with transportation.

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Salesforce plans generative AI boost for ESG reporting with Net Zero Cloud

CIO

Generative AI will soon be everywhere — including in Salesforce’s Net Zero Cloud environmental, social, and governance (ESG) reporting tool. Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics.

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This startup hopes to get us to net zero via its platform to construct wooden buildings

TechCrunch

So if we could reduce this amount or transition, this growth to “net zero” (or better), we’d would do to a lot alleviate the impending, and disastrous, affects of climate change. Some estimates say that if global urban growth continues at its current pace, then we’d build a New York City every month for the next 40 years.

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Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless

TechCrunch

From healthcare to manufacturing, traditional industries have been getting a digital makeover over the past decade. The early traction is what helped the startup close a €2 million seed funding round backed by industry giants. But some sectors have been left behind.

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