An important step toward a more interoperable “fediverse” — the broader network of decentralized social media apps like Mastodon, Bluesky and others — has been achieved.
Though both Mastodon and Bluesky are decentralized social media efforts, they rely on different underlying protocols.
That could shift in the future, however, to becoming opt-out for Bluesky users only.
So if my Bluesky account is @sarahp@bsky.social, then my bridged account is @sarahp.bsky.social@bsky.brid.gy.
Anything from your Bluesky account that interacts with fediverse users will be bridged, including replies, @-mentions, likes, reports, and, if you have fediverse followers, your own Bluesky posts.
Some call it the “commercial valley of death,” and it’s the point at which many climate tech startups struggle.
Climate nonprofit Prime Coalition is hoping to bridge the valley with a new program, Trellis Climate.
Trellis Climate follows the latter model with a focus on middle stages, where capital has grown scarce.
“There are more and more philanthropists that are really interested in solving the climate problem,” Lara Pierpoint, director of Trellis Climate, told TechCrunch.
“It is the most flexible and potentially risk-forward set of dollars that are out there.”For founders in climate tech, that sort of funding is likely welcome news.
Climate investor Bay Bridge Ventures is raising a new $200 million fund, TechCrunch has exclusively learned.
Bay Bridge filed paperwork Monday for the new climate fund with the U.S. Securities and Exchange Commission.
And Congruent Ventures raised a $275 million fund in 2023, turning down $325 million in additional LP interest.
Bay Bridge Ventures is new, having been founded in 2022 with a focus on ESG more broadly and sustainability in particular.
Still, that doesn’t mean Bay Bridge lacks experience.
Autonomous vehicle technology startup Motional has secured a bridge loan that provides a temporary financial reprieve as the company searches for a longer-term source of funding, TechCrunch has learned.
Motional CEO Karl Iagnemma told staff in a companywide email viewed by TechCrunch that the company’s board of directors approved the bridge financing.
After a wave of consolidation and shutdowns in the nascent autonomous vehicle industry, Motional is one of the few companies left that’s still pursuing a commercial robotaxi service.
The company operates an autonomous vehicle taxi service in Las Vegas (still with human safety operators behind the wheel) on Uber, Lyft and Via platforms.
The autonomous vehicle company last had layoffs in December 2022, when it cut about 10% of its workforce.
International Battery Company, a startup developing lithium-ion battery cells for electric vehicles, has raised $35 million as it plans to bridge the demand-supply gap in the growing EV market in India.
International Battery Company touts to address these issues and fulfill both the current and projected demand of EV batteries in the country with its in-house Li-ion battery cells.
So, we want to participate in that journey in India,” Priyadarshi Panda, founder and CEO of International Battery Company, told TechCrunch in an interview.
“We are proactively preparing for the execution of building the gigafactory in India, which we will do with the additional fundraising.”Distinctive edgeNotably, International Battery Company is not alone in building Li-ion battery facilities in India.
“The [International Battery Company] founders, and the way they have approached so far is just very different from a lot of others.
Dubugras is seeking to provide startup customers with emergency capital in order to help them make payroll next week, even as Silicon Valley Bank undergoes financial turmoil. Dubugras declined to…
