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LocalGlobe and TransferWise’s Taavet Hinrikus back ‘frictionless finance’ startup Radix

Radix, a U.K. startup that’s building a decentralised finance protocol on which new financial apps can connect and be built on top of, has raised $4.1 million in new funding. Backing the company, which counts the Ethereum network and a number of other “DeFi” projects…

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Yamo scores €10.1M Series A to offer healthier food choices for young children

Yamo, a self-described “foodtech” startup that produces and sells healthier food for babies and young children, has raised €10.1 million in Series A funding. Backing comes from European food and agriculture tech investor Five Seasons Ventures, Swiss Entrepreneurs Fund, Ringier Digital Ventures, Müller Ventures, btov…

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Nuggs rebrands as Simulate with new cash, a new CTO and an expanded line of faux-meat foods

Nuggs, the alternative-meat company founded by serial entrepreneur Ben Pasternak (who previously co-founded the social media app Monkey), has raised $4.1 million and gotten itself a new name and a new CTO as it looks to move beyond chicken nuggets. Now called Simulate, Pasternak’s startup…

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Joe Coffee raises another $1.3M to help more coffee shops take mobile orders

Gone — or at least on hold for a long while — are the days of hanging around a coffee shop, poking around the Internet on the free WiFi while sipping the same coffee for three hours. The entire idea feels kind of alien right…

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Google reportedly cancelled a cloud project meant for countries including China

After reportedly spending a year and a half working on a cloud service meant for China and other countries, Google cancelled the project, called “Isolated Region,” in May due partly to geopolitical and pandemic-related concerns. Bloomberg reports that Isolated Region, shut down in May, would…

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This VC just closed on $60 million to fund “technical risk,” saying other VCs rarely do the same

Ashmeet Sidana, a longtime VC who struck out on his own in 2015 to form Engineering Capital, just closed his third and newest fund with $60 million in capital commitments from a university endowment, a fund of funds, and three foundations. Sidana — who previously…

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