In one of the latest developments, Danish company Flatpay, which builds payment solutions for small and medium physical merchants like shops, restaurants and salons, has raised €45 million ($47 million) led by Dawn Capital.
Founded in 2022, Flatpay currently has just 7,000 customers across its current footprint of Denmark, Finland and Germany.
Perhaps most interestingly, on the sales side, despite its focus on streamlined technology, Flatpay only sells via live sales visits.
No online sales (although there are specialists who will help arrange those in-person sales visits and handle support), no virtual visits, and no plans to introduce either.
And the only way they could understand the products really well was by the company paring down the products themselves.
Paddy Cosgrave, the co-founder of the Web Summit tech conference, is returning to his role as CEO after resigning in October over controversial statements he made about the Israel/Gaza war last year on social media.
“As Web Summit becomes bigger, our aim should be to make it smaller for our attendees.
More opportunistically, as with Facebook, the emphasis on community is a counterweight to Web Summit’s bigger business aim: scale, in Web Summit’s case growing its conference empire by getting as many people and companies as possible paying to attend its events.
Web Summit runs a number of global tech conferences, the best known and biggest of which is in Lisbon, which in recent years attracted upwards of 70,000 attendees.
Scrambling in the lead-up to the Lisbon event, Web Summit quickly appointed Wikimedia CEO Catherine Maher as Cosgrave’s CEO replacement, even as Cosgrave retained an 80% ownership of the business.
Plenty of major corporations have announced net-zero emissions targets.
Those are the companies Greenly has targeted.
It takes that information and, coupled with its own data and algorithms, calculates carbon emissions by category and scope for customers.
It came into the round with an advantage: it’s applying SaaS to climate tech, and SaaS a business model that’s well understood.
But it does suggest that venture investors are warming to climate tech more broadly, proving that there’s a market for businesses focused on sustainability.
The goal was straightforward but ambitious: upend the cement industry.
Furno’s smaller kilns fly in the face of trends in the cement industry today, which has been chasing ever larger equipment.
By building smaller kilns, Furno is hoping to lower capital expenditures through mass production and lower operating expenses through energy efficiency.
And because Furno’s kilns are smaller, they could allow cement to be remade right on a construction site.
Already, Furno has captured the attention of ready-mix concrete companies, which have to buy cement from vertically integrated companies.
It will be second after the space agency’s existing Satish Dhawan Space Centre, founded in Andhra Pradesh’s Sriharikota in 1971, with two launch pads.
The spaceport will be dedicated to launching smaller launch vehicles and will be ready in about two years, ISRO chairman S Somanath said on the sidelines of the event in Tamil Nadu.
Spread over 2,350 acres, the Kulasekharapatnam spaceport will help save fuel for small rocket launches as the port can launch rockets directly south over the Indian Ocean without requiring crossing landmasses.
“This facility will play an instrumental role in accommodating the increasing launch frequency of both ISRO and the growing private space industry in the coming years.
Bhatt, director general of the Indian Space Association.
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