start-up

Climeworks, carbon dioxide removal company, building Iceland plant

Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photo courtesy Climeworks Carbon dioxide removal startup Climeworks announced on Tuesday it is building a second commercial sized plant in Iceland. When fully operational in 18 to 24 months time, the plant will capture and store 36,000 metric tons per year of carbon dioxide. That’s a …

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Here’s why a multi-million toy business is venturing into the metaverse

When Jackson Aw was introduced to blockchain technology in 2018, he “didn’t get it at all.” “Can someone dumb it down even further for me? Like, can you just tell me what I can get as a consumer?” That was four years ago. Today, Aw, seems to have the answer to that question. The 32-year-old …

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How Singaporean built thriving toy business

“I’m not the best artist. I’m terrible,” said Jackson Aw with a sheepish laugh. That may seem ironic, given how the 32-year old is the founder and chief executive officer of Mighty Jaxx, a designer toy company from Singapore. But to Aw, acknowledging his own shortcomings has helped him turn his start-up into a multimillion-dollar …

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Chipotle and Kraft Heinz use start-up HowGood to track sustainability

Consumers are now demanding environmental accountability in everything — from the buildings they live in to the products they purchase. Food is a big one. While more and more food companies are claiming that their products are “sustainable,” a Stone Ridge, New York-based start-up is taking a close look at those claims. The company is …

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Sequoia coaches start-ups to cut costs or face a ‘death spiral’

One of Silicon Valley’s most successful venture capital firms doesn’t see the economy bouncing back anytime soon and is warning portfolio companies to tighten their belts in the meantime. In a 52-page presentation seen by CNBC, the Sequoia lays out a litany of risks making it harder for founders to raise money and operate. The …

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Andreessen Horowitz raises $4.5 billion crypto fund in down market

Chris Dixon, General Partner at Andreessen Horowitz, discusses cryptocurrency during the TechCrunch Disrupt forum in San Francisco, October 2, 2019. Kate Munsch | Reuters Andreessen Horowitz plans to plow billions of dollars into crypto start-ups while digital asset markets are in a rut. The Silicon Valley firm announced a new $4.5 billion fund for backing …

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