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DEWA’s Smart Ball technology saved last year 243 million gallons of water

CIO

Dubai Electricity and Water Authority (DEWA) utilises innovation and disruptive technologies in detecting leaks in the water transmission underground pipelines. DEWA’s Smart Ball technology detects leaks that are usually difficult to detect using traditional techniques. This helped DEWA save 243 million gallons of water and AED 9.66

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Aztec Network takes on encrypted blockchains with $100M round led by a16z

TechCrunch

Encrypted blockchains provide transparency for the protocol but privacy for the users, so people aren’t required to show their identities when transacting, Williamson said. We chose [a16z] to lead the round because they’ve been through this before with the dawn of the internet,” Andrews said.

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‘AWS for blockchain’ Alchemy boosts valuation to $3.5B with $250M raise

TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2

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Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. We realized that in order for space to thrive and build to its full potential, we needed to build a developer platform layer for blockchain,” Viswanathan told TechCrunch.

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Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

TechCrunch

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. It now covers a whole range of blockchains such as Ethereum, Avalanche, Fantom, Optimism and Arbitrum.

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Luxury fashion meets blockchain on Syky, the Seven Seven Six-backed web3 platform

TechCrunch

In 2017, Delahunt was at Ralph Lauren and had her first look at the blockchain, but it wasn’t until years later while working to pioneer some digital wardrobe projects with companies, like Snap, Bitmoji and Roblox, that she had an opportunity to see that web3 was going to be “more than a niche community” for luxury fashion.

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Will blockchain revolutionize the Internet of Things?

CTOvision

Read why Megan Ray Nichols says that blockchain technology can be used to revolutionize the Internet of Things on Euro Scientist : Here is an interesting convergence no one is talking about – blockchain technology and Internet of Things.