Category: Technology Trends

The most important technology news, developments and trends.

5 construction tech investors analyze 2022 trends and opportunities

Often, industries that have great potential to be disrupted are also the most resistant to adopting bleeding-edge technology. While legacy sectors like transportation and energy have embraced new tech, innovation in the construction industry has been slow to take hold. Even though many large construction firms manage internal R&D units, more than a third of employees say they’re reluctant to adopt new technology. “This is a structural problem of the industry, as there are fairly low margins and everything is project-based,” said Heinrich Gröller, a partner at Speedinvest. “It is difficult to find a project manager who is willing to take the

Masterschool raises $100M seed round for its network of coding schools

Masterschool, which describes itself as a “network of tech career-training schools,” today announced that it has raised a $100 million seed funding round (yes, that’s correct — a $100 million seed round). The round was led by Group 11, with participation from Target Global, Pitango Ventures, Dynamic Loop Capital, Sir Ronald Cohen, and a number of additional strategic investors. The company declined to disclose its current valuation. Like some of its competitors, Masterschool students don’t pay any upfront tuition for the six to twelve months it takes to complete its program. After that, they pay back their tuition, which typically

Napster joins Limewire and Winamp by jumping on the web3 bandwagon

Photo by Thomas Trutschel/Photothek via Getty Images They say you can’t keep a good brand down. More accurately, you can’t stop it being opportunistically mined by business types for lingering name-recognition and nostalgia. Case in point: the pioneering peer-to-peer music-sharing-and-piracy service Napster has been bought by a consortium of companies who plan to “bring the Read More…

Google Messages users in India are reportedly drowning in ads

Indian users of Google Messages are facing a deluge of ads within Android’s default messaging app, 9to5Google reports. Users are reporting being sent multiple ads a day, even if they enable the app’s Spam Protection feature, and blocking and reporting the offending accounts doesn’t appear to prevent ads from different companies appearing. Many of the Read More…

IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba

In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in Nigeria’s entertainment and tech scenes. Gotter left the media company in 2017, an exit that afforded him the chance to take up angel investing full-time and pursue new projects. Gotter has cut checks in Paystack, Flutterwave and betPawa and co-runs Spark,

QuestBook raises $8.3 million to help web3 developers secure funds

Blockchain and other web3 projects are racing to reach developers, hosting hackathons, bandying out grants and offering other perks to lure those who can build. But they currently don’t have the bandwidth to review the voluminous number of applications they receive, which pushes away some of the same builders who can bring immense value to those projects. QuestBook, a startup that is attempting to solve that and more, said today it has raised $8.3 million in its Series A funding as it looks to scale its efforts. The financing round was led by Lemniscap and saw participation from scores of

Palette sells a sales commission tool for modern sales teams

Meet Palette, a software-as-a-service startup that is going to be particularly interesting if you’re also running a software-as-a-service startup. The company has built a modern tool to design, manage and optimize sales commission plans for your internal team. Earlier this year, the startup raised a $6 million funding round led by Bain Capital Ventures. Liquid 2 Ventures, Twenty Two Ventures and Kima Ventures also participated in the round, as well as several business angels, such as Mathilde Collin, Nicolas Dessaigne, Julien Lemoine, Nick Mehta, Allison Pickens, Thejo Kote, Kyle Porter, Adam Pettit, Danny Zorotovich and Peter Kazanjy. What makes Palette

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