Alibaba undergoes major management reshuffle

Alibaba is reassigning roles to four of its executives in one of the biggest reshuffles in its recent history, the company announced on Monday morning. Maggie Wu, the e-commerce titan’s former chief financial officer, will step down next April and be replaced by Toby Xu, current deputy CFO. Wu will continue to be a partner […]

Kebony raises $34M to make sustainable softwood behave like hardwood, using food waste

It’s fairly simply: Softwood grows a lot faster – in ‘sustainable’ forests – than hardwood. The latter is often found in bio-diverse old-growth forests like, um, the Amazon. So if you could make softwood behave like hardwood, you’d not only access more sustainable wood for construction, you’d also protect hardwood forests from destruction. Plus, you […]

Founders Factory and G-Force launch Seed program for climate-focused startups

UK tech accelerator Founders Factory is joining forces with a European counterpart to launch the Founders Factory Sustainability Seed program. Launched in partnership with G-Force (the G is for Green) based out of Bratislava, Slovakia, the program will look to invest in and accelerate climate-tech startups. The program will invest in entrepreneurs with startups that […]