GPS map data from an Apple Watch Ultra and the Apple Watch Series 8 shown on an iPhone 14 Pro and iPhone SE 2022.

Why your phone’s GPS desperately needs a huge overhaul

Most modern technology, including smartphones, runs on GPS. But the system might be more vulnerable to failures than you think. The U.S. lacks backup geolocation technology, meaning outages or interference could be catastrophic. Russia has threatened to destroy GPS satellites, and recently faulty GPS signals temporarily closed a Dallas airport. Thankfully, companies are stepping in…

Pivo powers up Nigerian freight carriers with a bespoke digital bank, gets $2M seed funding • TechCrunch

Pivo powers up Nigerian freight carriers with a bespoke digital bank, gets $2M seed funding • ProWellTech

Most small and medium enterprises (SMEs) in supply chains across different sectors in Africa execute orders in days but receive invoices after several weeks and sometimes months. It’s such an inefficient way of doing business that ultimately leads to cash-flow problems — and on top of that are fragmented payment collection and tracking processes. Recently,…

Anne Hathaway backs Pact, an all-women led VC for mission-driven startups, from West to East • TechCrunch

Anne Hathaway backs Pact, an all-women led VC for mission-driven startups, from West to East • ProWellTech

How many VC funds can you name where the three partners all had babies whilst raising the fund, have deep connections in Asia as well as Europe and the US, and include actress Anne Hathaway as an LP? Not many I’d hazard. But that’s the profile of Pact, a new Seed VC fund launched with…

ECOVACS DEEBOT X1.

ECOVACS delivers the next-gen DEEBOT X1 OMNI family

This content was produced in partnership with ECOVACS. What if you could have tomorrow’s robots, today? As in, right now, and with incredibly intelligent and advanced features. That’s what ECOVACS wants to deliver in its latest round of smart robots from the DEEBOT X1 family. They’ve combined industry-leading functions, smart features, and interactive experiences in…

Consumer finance app Djamo eyes Francophone Africa expansion, backed by new $14M round • TechCrunch

Consumer finance app Djamo eyes Francophone Africa expansion, backed by new $14M round • ProWellTech

Last February, Djamo announced that it got accepted into Y Combinator, the first from Ivory Coast. Months later, the two-year-old fintech has raised $14 million in funding from the famed accelerator, as well as from three lead investors — Enza Capital, Oikocredit and Partech Africa — and other participating investors, including Janngo Capital, P1 Ventures,…

Female Invest acquires sustainability-focused investment platform Gaia Investments

Female Invest acquires sustainability-focused investment platform Gaia Investments

When Female Invest launched in 2019, it did so with the goal of creating a community where women who wanted to invest in the stock market, but weren’t sure where to start, could gain the knowledge and confidence to take the plunge. Now, its users will be able to do so all within the Female…