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Banyan wants to unlock financing for a (more) sustainable future

TechCrunch

For one thing, the processes remain largely manual, with financing in this sector remaining reliant on emails, spreadsheets and documents in a variety of formats. For Banyan, these inefficiencies in communication and monitoring are pain points it wants to solve with its purpose-built project finance software.

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SunCulture wants to turn Africa into the world’s next bread basket, one solar water pump at a time

TechCrunch

The world’s food supply must double by the year 2050 to meet the demands of a growing population, according to a report from the United Nations. “We have to double the amount of food we have to create by 2050, and if you look at where there are enough resources to grow food — all signs point to Africa.

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Backed by Epic Games, distributed computing startup Hadean nabs $30M to power the metaverse

TechCrunch

As the Telegraph newspaper first reported last month [paywalled], Hadean initially secured around $18 million in funding from investors including Chinese technology titan Tencent and InQTel , a CIA-backed not-for-profit venture capital firm based in Virginia, U.S. and metaverse applications.

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REEF Technology raises $700M from SoftBank and others to remake parking lots

TechCrunch

SoftBank and Mubadala are joining private equity and financial investment giants Oaktree, UBS Asset Management and the European venture capital firm Target Global in providing the cash for the massive equity financing. “We’re building a platform of proximity,” says Ojalvo. To basically build their marketplaces.”

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Via TechCrunch by Arman Tabatabai: Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries. According to UN forecasts, the number of people living in cities is expected to double by 2050, growing from 3.5