Pledge raises $4.5M Seed round to build a carbon-measurement and removal API

With the Climate Crisis looming, lots of companies want to do their part. But asking customers to “offset the CO2 emission of this delivery” is usually a hammer to crack a nut. There is very little transparency around carbon offsets. Plus, smaller companies want to access high-quality carbon credits, but calculate their impact at a […]

Tech watchdog campaign challenges big tech for hiding behind small business

Time and time again, tech’s most powerful companies have pushed the narrative that any threat to their own trillion-ish dollar businesses will trickle down, hurting the small companies that rely on their products. But counter to the warm and fuzzy anecdotes that big tech has rolled out over the years, some business owners struggle with […]

Hong Kong-based fintech XanPool raises $27M for its decentralized payment network

XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation from CMT Digital, Wise founder and chairman Taavet Hinrikus and existing investors Gumi Gryptos and Antler. The funding brings XanPool’s total raised since it was […]

Snap says iOS privacy changes hit its ad business harder than expected

In an earnings call Thursday, Snap said that it failed to meet revenue expectations for its third quarter. Snap reported $1.07 billion in Q3 revenue, missing Wall Street’s hopes that the company would bring in $1.1 billion. The company notched 306 million daily active users, up from the 293 million it reported in Q2. That […]