Six things we learned from the LockBit takedown

A sweeping law enforcement operation led by the U.K.’s National Crime Agency this week took down LockBit, the notorious Russia-linked ransomware gang that has for years wreaked havoc on businesses, hospitals, and governments around the world. The action saw LockBit’s leak site downed, its servers seized, multiple arrests made, and U.S. government sanctions applied in … Read more

PhonePe aims to be a top Google Play alternative in India — but it has a challenging road ahead

Walmart-backed PhonePe is set to launch its Android app store this week with zero commission for in-app purchases for developers. The app store is based on Indus OS’ tech, a company that PhonePe acquired in 2021. In this story, we are going to take a look at why developers are pushing for an alternative store … Read more

Partech closes its second Africa fund at $300M+ to invest from seed to Series C

Partech has closed its second Africa fund, Partech Africa II, at €280 million ($300 million+), just one year after reaching its first close. At that size, Partech Africa, which originally targeted €230 million before its fundraising efforts started, solidifies its position as the largest fund dedicated to African startups.  Amidst a backdrop of global VCs … Read more

Dutch startup Monumental is using robots to lay bricks

Few categories are as ripe for automation-fueled disruption as construction. The industry is valued at around $2 trillion a year, in the U.S. alone. Much of that work is strenuous, repetitive and sometimes dangerous — precisely the sorts of problems industrial robotics are built to solve. The other thing construction brings is a wide range … Read more