Business

[Disclosure: AgFunder is AFN’s parent company.] Foodtech startup Atom has closed a $40 million Series A round and officially launched the first of its “beanless” molecular coffee products to consumers. AgFunder, S2G Ventures and Horizon Venturesall previous investors in the company, participated in the round. Atomo will use the Series A funds to develop new …

AgFunder, others invest $40m into beanless coffee startup Atomo Read More »

Experimentally-determined structure of a bacterial protein, compared with structures produced by AlphaFold2 and OpenFold. (OpenFold Image) Three Seattle biotech companies are joining forces to support open-access development of protein folding and design software. The project, called OpenFoldbrings together Cyrus Biotechnology, Outspace Bioand Arzedastartups developing new proteins that can be used as drugs or in industrial …

Biotech startups join AWS and other partners in open-source project to help design new proteins Read More »

Sheikha Hend Al Qassimi Image Credit: Supplied The world is moving towards Web3 and Metaverse. And traditional businesses are marking their presence in the world of Web3. Artfi has built a strong team of advisers, investors and supporters. In the recent tweet, Sheikha Hend Al Qassimi, a member of the ruling family of Sharjah, has …

Sheikha Hend Al Qassemi joins Web3 art tech startup Artfi<br/><br/> Read More »

Vezeetaa healthtech startup operating in the Middle East and Africa, reportedly laid off about 10% of its staff last week. The number of affected employees isn’t known; however, multiple sources who posted the news on LinkedIn, including affected employees, revealed that up to 50 people were let go. Vezeeta has almost 500 employees, according to …

Egyptian healthtech startup Vezeeta cuts 10% of 500-person staff Read More »

At the beginning of this year, a UK-based maritime clean-tech startup was announcing an innovative vessel claiming to be the world’s first drone surface vessel that would be entirely powered by hydrogen (H-USV). Now, Acua Ocean is ready to unveil the H-USV that is a couple of years away from deployment.

San Mateo-based Favor (formerly known as The Pill Club) says it has been flooded with requests for emergency contraception since the Supreme Court struck down Roe v. Wade.