Remove 2022 Remove development Remove economic environments Remove sustainability
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Constrafor, a construction procurement company, goes ‘SAFE’ route with new capital

TechCrunch

Banks are more and more careful with their own funding of development projects, which means they will also slow down payments on their own side,” Constrafor CEO Anwar Ghauche told TechCrunch. million in equity and debt in 2022, and since then, Constrafor has grown from 15,000 customers to 23,000.

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7 investors discuss why edtech startups must go back to basics to survive

TechCrunch

Reach Capital’s Jomayra Herrera encapsulated the changing landscape well: The deal pace has definitely slowed down in 2022 across most sectors. I would say the past few years have been more of an anomaly, and we are getting back to a more sustainable pace. billion in Europe thus far in 2022, 40% more than a year earlier, reports say).

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Arrival slashes production targets to just 20 EV vans as part of restructuring

TechCrunch

-based commercial EV startup turned publicly traded company, has lowered its delivery plans from 400 vehicles to 20 as it postpones development of its battery-electric buses and shifts gears to focus on vans. The company, which reported Thursday widening losses for the second quarter, said it no longer expects to generate revenue in 2022. “We

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Nigerian B2B e-commerce startup Alerzo cuts 15% of full-time staff in second round of layoffs

TechCrunch

According to Alerzo, the first round of layoffs were performance-related and involved the digitization of some roles (including the development of an internal ERP). Series A to bring Nigeria’s informal retail sector online The company’s e-commerce business grew 2.3x (in dollar terms) in 2022 compared to 2021 due to the expansion.