Republic’s metaverse real estate arm spins off, rebrands as Everyrealm

Over $500 million worth of real estate was sold on the top four metaverse platforms in 2021, data shows. Traditional real estate companies are amongst the many investors flocking to stake their claim on plots of land in virtual worlds like Decentraland and Sandbox. Although important questions remain about which platforms and use cases will […]

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Mecho Autotech gets $2.15M to expand vehicle maintenance and repair services in Nigeria

Nigeria has more than 12 million registered vehicles, and approximately 90% of them are used cars that need frequent checkups to prevent recurring breakdowns. Given this number, one would expect effective vehicle maintenance to be standard in Nigeria. But that’s not the case: Most of the service providers in the country, usually auto mechanics, are […]

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Scandit snaps up $150M at a $1B+ valuation for its computer vision-based data capture technology

Consumers and businesses are forever demanding faster and easier ways to get things done, and today a startup that is building tech to make that a reality using AI and the camera on your mobile device is announcing a big round of growth funding. Scandit — which uses computer vision to scan barcodes, text, ID […]

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