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Spatial Labs, a web3 infrastructure and hardware company, closes $10M seed round

TechCrunch

Spatial Labs , a web3 infrastructure and hardware company, announced today the closing of a $10 million seed round led by Blockchain Capital with participation from Marcy Venture Partners, the firm co-founded by Jay-Z. This piece was updated to reflect what year LINQ and Gen One Hardware launched.

Hardware 290
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AI chip startup Axelera lands $27M in capital to commercialize its hardware

TechCrunch

Unlike conventional chips, theirs was destined for devices at the edge, particularly those running AI workloads, because Del Maffeo and the rest of the team perceived that most offline, at-the-edge computing hardware was inefficient and expensive. The edge AI hardware market is projected to grow from 920 million units in 2021 to 2.08

Hardware 240
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Daily Crunch: World’s largest Black-led VC fund leads $4M seed round for Nigerian retail automation startup

TechCrunch

Enter Bumpa, a Nigerian retail automation platform that wants to do the heavy lifting for companies eyeing more digital operations. BetterData : BetterData taps the blockchain to help create better synthetic data. The TechCrunch Top 3. Helping it along is $4 million in new capital from Base10 Partners, Tage reports.

Retail 222
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Announcing the Startup Battlefield 200 at TechCrunch Disrupt 2022

TechCrunch

These rising-star startups represent the innovation taking place across these tech categories: Hardware, Robotics, AI + ML. SaaS, Enterprise + Retail. FinTech + Blockchain. HealthTech + BioTech. Space + Security. Education, HR + Future of Work. Climate + CleanTech. Mobility + Transportation. Want to see the companies?

Biotech 238
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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

As we expand our retail and corporate presence across the Middle East, Asia, and Africa, data residency compliance is a key focus. This includes using blockchain for safe and transparent transactions, artificial intelligence to create a more personal experience for our customers and making our mobile banking platform easy to use.

Banking 179
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The Next Wave of Digital Transformation: What Leaders Need to Know

N2Growth Blog

Key technologies in this digital landscape include artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), blockchain, and augmented and virtual reality (AR/VR), among others. Blockchain technology is gradually extending its influence beyond the realm of cryptocurrencies.

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

——————————————————————————- 3DLOOK A retail tech start-up behind the virtual fitting room YourFit. It includes a smart hardware device and a mobile application.”