Category: Startups

Why 2022 Was A Tough Year For Tech Firms Seeking Funding

By Judith Segaloff People make their way near the NASDAQ MarketSite at Times Square on January 13, 2023, in New York City. Nasdaq and the S&P 500 pared losses on Friday on the back of easing inflation expectations and results from some U.S. banks. LEONARDO MUNOZ/JNS With the plummeting NASDAQ, rising inflation and interest rates,

Continue reading

Plastic-free Packaging Solution Enters US Market

By Abigail Klein Leichman One of the greatest threats to the environment and climate is plastic waste. Melodea, an Israeli company, confronts that issue by producing a cellulose nanocrystal coating sourced from wood pulp, a side stream of the paper-making industry. The plastic-free, plant-based package coating will be available from Melodea within six months —

Continue reading

Tiny Car Breaks Record For fastest Accelerating Electric Vehicle

By Dean Murray A tiny car has broken a big record – by becoming the fastest accelerating electric vehicle. Twenty students from the University of Stuttgart saw their self-built vehicle go from zero to 100 kph in 1.461 seconds. Weighing just under 145 kilograms, the GreenTeams’ carbon racing car exerts forces similar to those of

Continue reading

What The Bored Ape Yacht Club And Quontic’s Pool Party In The Metaverse Means For Your Company

By Christos Andreas Makridis Crypto might be tanking, but metaverse spending is bounding to new heights. Investments in the metaverse surged to $12 billion in 2021 from $5.9 billion in 2020 to more than$5.9 billion in 2020 to more than. The metaverse could grow to $13 trillion – more than half the size of the

Continue reading

Kentucky City’s Incubator Seeks To Produce More Black-Owned Businesses

By George A. Willis Two years ago, Dave Christopher knew something had to change. COVID-19 shut down his hometown of Louisville, Kentucky, in the spring of 2020. Many businesses in his city didn’t survive, while others barely managed with the help of grants and Paycheck Protection Program loans. But Christopher took a closer look and

Continue reading

Meditating In The Metaverse: Tripp Expands Its Virtual Escapes

By Michelle D. Madsen Tripp Inc., a Los Angeles-based digital wellness platform, says it has raised $11.2 million to finance ways to technologically enhance well-being in the metaverse. The Tripp platform enables users to create their own experience of visuals and sounds during meditation sessions. The company provides users with a variety of virtual environments

Continue reading

Galaxy Racer Invests $25 Million In A Cryptocurrency

By Michelle D. Madsen Galaxy Racer, a Dubai-based transmedia company, recently announced a $25 million investment in the Quint ecosystem token, $QUINT. The move makes Galaxy the first eSports and lifestyle organization to commit substantial funds to a cryptocurrency ecosystem. Quint will also become Galary Racer’s “native ecosystem token partner” as a result of this

Continue reading