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Daily Crunch: Major tech firms partner with Linux Foundation to support open map data development

TechCrunch

Alex collected the top reads from 2022. A gaggle of companies, including Meta, Microsoft, AWS and TomTom, have partnered with the Linux Foundation to form the Overture Maps Foundation to do a few things: develop interoperable open map data and knock Google’s map dominance down a few pegs. PDT, subscribe here. Paul has more.

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Revolution Growth Invests in Meati, the Mushroom-Root Superfood

Revolution

The new funding for the meat alternative startup will support rapid retail expansion, continued product development and product capabilities Meet Meati ?—?the Their whole-cut menu currently includes steak and crispy and classic chicken cutlets, with more products in development. market leader in plant-based meat by 2025.

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BankTech Ventures’ Fintech Investing focuses on Community Banks

American Entrepreneurship

Funding supports innovative technology companies that are taking community banks into the future. as of December 31, 2022, according to the FDIC. Strategic investment fund BankTech Ventures invests in companies that are developing innovative technologies that enhance the ability of community banks to serve their customers.

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Bain & Company Acquires Startup Development Studio Rainmaking APAC

AsiaTechDaily

Register Bain & Company, a prominent global management consulting firm, has revealed its plans to acquire the Asia-Pacific division of Rainmaking, a renowned venture-building and startup development studio. program, a SGD 20 million initiative introduced by the Singapore Economic Development Board.

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NSF Regional Innovation Engines Development Awards announced by NSF

American Entrepreneurship

$43 million invested to foster regional collaboration to support the economic growth of communities through innovation Universities, nonprofits, businesses and other organizations across the U.S. These first-time awards were given to 44 teams around the country tasked with driving American innovation into the future.

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Pangyo Techno Valley Game Companies Target Middle East Investment Opportunities

AsiaTechDaily

Register The Korean Ministry of Culture, Sports and Tourism (headed by Minister Park Bo-gyun) conducted an investment briefing on July 24, focused on attracting investment from the UAE sovereign wealth fund for content industries, including games , dramas, and webtoons.

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COMPANIES RECEIVE INVESTMENT FROM BEN FRANKLIN TECHNOLOGY PARTNERS

Ben Franklin Technology Partners

The largest early-stage investor in the region, Ben Franklin provides investment capital, business support services, BIG IDEA Contests, and Tech Startup Boot Camps to emerging tech-entrepreneurs and small manufacturers located in central and northern Pennsylvania. WE INVEST IN INNOVATION. www.croptix.solutions.