Bit Bio’s “enter button for the keyboard to the software of life” nabs the company $41.5 million – TechCrunch

[ad_1] Bit Bio, the new startup which pitches itself as the “enter button for the keyboard to the software of life” only needed three weeks to raise its latest $41.5 million round of funding. Originally known as Elpis Biotechnology and named for the Greek goddess of hope, the Cambridge, England-based company was founded by Mark…

Spin scooters head to Europe, starting with Germany – TechCrunch

[ad_1] Spin has launched its scooter sharing business to Germany, the first step in the U.S. company’s plans to expand to Europe. The company, which was acquired by Ford in 2018 for about $100 million, has launched in Cologne and plans to open up in German cities Dortmund and Essen in the coming weeks. Spin…

Halal fintech startup Wahed closes $25M led by Saudi Aramco’s investment arm – TechCrunch

[ad_1] New York-based fintech startup Wahed (meaning ‘One’ in Arabic) describes itself as a digital Islamic investment platform and as the world’s first ‘halal robo adviser’. It’s now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), a venture capital investment arm of oil giant Saudi Aramco. Existing…

UK government reverses course on Huawei’s involvement in 5G networks – TechCrunch

[ad_1] Conservative members of the United Kingdom’s government have pushed Prime Minister Boris Johnson to draw up plans to remove telecom equipment made by the Chinese manufacturer Huawei from the nation’s 5G networks by 2023, according to multiple reports. The decision by Johnson, who wanted Huawei’s market share in the nation’s telecommunications infrastructure capped at…

Kenya’s Apollo Agriculture raises $6M Series A led by Anthemis – TechCrunch

[ad_1] Apollo Agriculture believes it can attain profits by helping Kenya’s smallholder farmers maximize theirs. That’s the mission of the Nairobi based startup that raised $6 million in Series A funding led by Anthemis. Founded in 2016, Apollo Agriculture offers a mobile based product suit for farmers that includes working capital, data analysis for higher…

How will Europe’s coronavirus contact-tracing apps work across borders? – TechCrunch

[ad_1] Solutions should allow Member States’ servers to communicate and receive relevant keys between themselves using a trusted and secure mechanism. Roaming users should upload their relevant proximity encounter information to the home country backend. The other Member State(s) should be informed about possible infected or exposed users*. *For roaming users, the question of to…

UK’s NHS COVID-19 app lacks robust legal safeguards against data misuse, warns committee – TechCrunch

[ad_1] A UK parliamentary committee that focuses on human rights issues has called for primary legislation to be put in place to ensure that legal protections wrap around the national coronavirus contact tracing app. The app, called NHS COVID-19, is being fast tracked for public use — with a test ongoing this week in the…

Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal – TechCrunch

[ad_1] The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi readers. Welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec, senior transportation reporter at…

Oxwash bags $1.7M for a cleaner spin on laundry – TechCrunch

[ad_1] Oxwash, a UK-based laundry startup that’s aiming to disrupt traditional but environmentally costly washing and dry-cleaning processes by using ozone to sterilize fabrics at lower temperatures, along with electric cargo bikes for hyper local pick ups and deliveries, has bagged a £1.4 million (~$1.7M) seed. Backers in the funding round include TrueSight Ventures, Biz…

KlearNow raises $16 million to bring customs clearance industry into the digital age – TechCrunch

[ad_1] Customs is the sieve of international supply chains. And yet despite its critical role, clearing customs for freight brokers can be a slow and opaque process reliant on manual data entry and prone to errors. Silicon Valley-based KlearNow has developed a platform that aims to bring customs clearance into the digital age. Now, with…