#funding-challenges

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#startups

Why Investors Are Starting to Pass on AI Startups | Entrepreneur

The evolution of AI technology is making it increasingly challenging for smaller venture capitalists to invest in startups due to high costs.
Developing AI models can exceed $100 million, influencing investment strategies among venture capitalists.

Exclusive: EV startup Canoo places remaining employees on 'mandatory unpaid break' | TechCrunch

Canoo is imposing unpaid breaks on employees, highlighting severe funding issues and operational struggles.

Why Investors Are Starting to Pass on AI Startups | Entrepreneur

The evolution of AI technology is making it increasingly challenging for smaller venture capitalists to invest in startups due to high costs.
Developing AI models can exceed $100 million, influencing investment strategies among venture capitalists.

Exclusive: EV startup Canoo places remaining employees on 'mandatory unpaid break' | TechCrunch

Canoo is imposing unpaid breaks on employees, highlighting severe funding issues and operational struggles.
morestartups

Op-Ed | Time to do right for New Yorkers with disabilities | amNewYork

New York must address the workforce crisis for disability care providers to ensure fair treatment and adequate funding.
The approval of the Equality Amendment marks a pivotal moment for disability rights in New York.

Mencap warns National Insurance rise could force closure of care services

Mencap may close 60 services due to increased costs from National Insurance and minimum wage changes, impacting vulnerable individuals' access to care.
#san-francisco

Trump won. Prop L lost. Now what? - Streetsblog San Francisco

Trump's presidency may threaten public transit funding, complicating financial prospects for San Francisco's transit agencies.

Susana Rojas and Calle 24 Embody Latinidad in SF's Mission District | KQED

Calle 24 in San Francisco faced funding challenges leading to layoffs. Susana Rojas emphasized her Latinidad as a source of strength and belonging.

Trump won. Prop L lost. Now what? - Streetsblog San Francisco

Trump's presidency may threaten public transit funding, complicating financial prospects for San Francisco's transit agencies.

Susana Rojas and Calle 24 Embody Latinidad in SF's Mission District | KQED

Calle 24 in San Francisco faced funding challenges leading to layoffs. Susana Rojas emphasized her Latinidad as a source of strength and belonging.
moresan-francisco

'World on fire': UN appeals for $47 billion for aid in 2025 DW 12/04/2024

The UN appeals for $47 billion to aid 190 million people, but lacks sufficient funds for 305 million needing assistance.
#smes

How fintech financing is plugging the 2.5 billion funding gap for small businesses in the UK

SMEs in the UK face significant funding challenges, with many turning to fintech solutions as a viable alternative to traditional banks.

How fintech financing is plugging the 2.5 billion funding gap for small businesses in the UK

Many SMEs in the UK are struggling with funding, operating costs, and slow revenue recovery, highlighting the need for flexible financing solutions.

SMEs confidence grows with optimism for year ahead - London Business News | Londonlovesbusiness.com

SMEs are increasingly confident about their business prospects, with 86% feeling positive despite concerns over economic and political uncertainties.

How fintech financing is plugging the 2.5 billion funding gap for small businesses in the UK

SMEs in the UK face significant funding challenges, with many turning to fintech solutions as a viable alternative to traditional banks.

How fintech financing is plugging the 2.5 billion funding gap for small businesses in the UK

Many SMEs in the UK are struggling with funding, operating costs, and slow revenue recovery, highlighting the need for flexible financing solutions.

SMEs confidence grows with optimism for year ahead - London Business News | Londonlovesbusiness.com

SMEs are increasingly confident about their business prospects, with 86% feeling positive despite concerns over economic and political uncertainties.
moresmes
#video-game-industry

Next Game From Mass Effect Director Cancelled As Studio Shuts Down

Humanoid Origin, a new studio by Casey Hudson, has shut down due to funding challenges, unable to complete its sci-fi game project.

Halo And COD Support Dev Lays Off 25 People, Citing "Unprecedented Challenges"

Certain Affinity, a game developer, laid off 25 US-based workers due to industry challenges and funding slowdown.
Affected employees are receiving severance pay, continuing benefits, and portable vested stock awards.

Next Game From Mass Effect Director Cancelled As Studio Shuts Down

Humanoid Origin, a new studio by Casey Hudson, has shut down due to funding challenges, unable to complete its sci-fi game project.

Halo And COD Support Dev Lays Off 25 People, Citing "Unprecedented Challenges"

Certain Affinity, a game developer, laid off 25 US-based workers due to industry challenges and funding slowdown.
Affected employees are receiving severance pay, continuing benefits, and portable vested stock awards.
morevideo-game-industry
#lilium

Europe's flying taxi dreams falter as cash runs short

Volocopter's electric flying taxi plans fell short at the Paris Olympics, amidst urgent funding challenges.

Air taxi maker Lilium is out of money and will cease operations

Lilium has gone into insolvency due to failed funding efforts, halting air taxi production.
The competitive eVTOL market poses significant challenges for companies unable to secure financing.

Europe's flying taxi dreams falter as cash runs short

Volocopter's electric flying taxi plans fell short at the Paris Olympics, amidst urgent funding challenges.

Air taxi maker Lilium is out of money and will cease operations

Lilium has gone into insolvency due to failed funding efforts, halting air taxi production.
The competitive eVTOL market poses significant challenges for companies unable to secure financing.
morelilium

CEO of failed supersonic plane startup on what went wrong - and how other companies might find success

Exosonic shut down after five years due to funding issues, low customer interest, and shifting focus to hypersonic flight.
#nonprofits

The right wing came for Black nonprofits-and it worked. Funding has plunged since 2020

Post-George Floyd protests saw increased funding for racial equity, but this momentum has faded amidst political upheaval, threatening the future of these initiatives.

Nonprofits Face Backlash for "Controversial" Work, Report Warns - Non Profit News | Nonprofit Quarterly

Nonprofits face increasing threats from a polarized political climate, impacting their funding and operations.

The right wing came for Black nonprofits-and it worked. Funding has plunged since 2020

Post-George Floyd protests saw increased funding for racial equity, but this momentum has faded amidst political upheaval, threatening the future of these initiatives.

Nonprofits Face Backlash for "Controversial" Work, Report Warns - Non Profit News | Nonprofit Quarterly

Nonprofits face increasing threats from a polarized political climate, impacting their funding and operations.
morenonprofits

Met faces 'eyewatering' choices - commissioner

The Metropolitan Police faces severe financial challenges, risking operational capabilities and potential station closures without additional government funding.
Sir Mark Rowley emphasized the urgent need for better funding to upkeep police infrastructure and maintain services effectively.
#representation

We're not talking enough about the obstacles that female founders face

The traditional narrative of entrepreneurship excludes the diverse experiences of female founders, leading to a lack of representation and challenges in accessing funding.

Hard to get backing for diverse films, director says

Investors are hesitant to back films with leads of colour, impacting diverse storytelling.
Chadha's new film tackles similar themes but struggles for funding due to systemic biases.

We're not talking enough about the obstacles that female founders face

The traditional narrative of entrepreneurship excludes the diverse experiences of female founders, leading to a lack of representation and challenges in accessing funding.

Hard to get backing for diverse films, director says

Investors are hesitant to back films with leads of colour, impacting diverse storytelling.
Chadha's new film tackles similar themes but struggles for funding due to systemic biases.
morerepresentation
#public-transport

Minister suggests HS2 could reach Euston station - London Business News | Londonlovesbusiness.com

HS2 is expected to reach Euston, as leaving it incomplete would not make sense according to Secretary Louise Haigh.

'Political football' as local authorities refuse to fund bus service for village on London border

Netherne-on-the-Hill urgently needs a bus service for its 1,500 residents due to lack of public transport links.
The lack of public transport negatively impacts residents, especially the elderly and commuters.

Minister suggests HS2 could reach Euston station - London Business News | Londonlovesbusiness.com

HS2 is expected to reach Euston, as leaving it incomplete would not make sense according to Secretary Louise Haigh.

'Political football' as local authorities refuse to fund bus service for village on London border

Netherne-on-the-Hill urgently needs a bus service for its 1,500 residents due to lack of public transport links.
The lack of public transport negatively impacts residents, especially the elderly and commuters.
morepublic-transport

Refuge ambassadors on the importance of safe spaces for survivors

Safe houses are vital for domestic abuse survivors but often face limitations in funding and accommodation.
The Brick by Brick campaign aims to enhance support for safe houses and their residents.

NASA's Post-ISS Plans May Not Add Up: Here's Why | HackerNoon

NASA seeks to maintain a human presence in low Earth orbit by transitioning to commercially operated space stations amid budget constraints.

The Speed of BEAD Funding: Industry Perspective with Shirley Bloomfield

The rollout of BEAD Program funding is not overly concerning to industry leaders, due to prior available funds.
The FCC's mapping process is seen as a necessary step despite delays in BEAD funding.

Colorado's Naloxone Fund Is Drying Up, Even as Opioid Lawsuits Bring in Millions

The Harm Reduction Action Center's naloxone distribution is in jeopardy due to lack of funding, threatening lives amid rising overdose deaths in Colorado.

Sustainable meat companies say their biggest challenge is attracting investors: 'People are clutching their money more than they did before'

The biggest challenge for sustainable butchery and meat alternative businesses is obtaining adequate funding from investors, particularly amid rising costs and consumer skepticism.
#affordable-housing

Newsom Vowed to Build Housing on State Property. 99% of the Land Will Stay Vacant | KQED

Gavin Newsom's initiatives to utilize state land for housing highlight the persistent funding challenges facing California's affordable housing development efforts.

San Mateo County community devastated over affordable housing project razed by fire

The fire destroyed a decade's worth of work on an affordable housing complex in San Mateo County, leaving vulnerable residents without homes.
Local officials are committed to rebuilding the housing units, but details on the timeline and funding remain uncertain.

San Jose affordable housing projects stuck in limbo without funding - San Jose Spotlight

Efforts to redirect Measure E monies in San Jose delay construction of 13 affordable housing projects, keeping over 1,500 homes off the market.

Newsom Vowed to Build Housing on State Property. 99% of the Land Will Stay Vacant | KQED

Gavin Newsom's initiatives to utilize state land for housing highlight the persistent funding challenges facing California's affordable housing development efforts.

San Mateo County community devastated over affordable housing project razed by fire

The fire destroyed a decade's worth of work on an affordable housing complex in San Mateo County, leaving vulnerable residents without homes.
Local officials are committed to rebuilding the housing units, but details on the timeline and funding remain uncertain.

San Jose affordable housing projects stuck in limbo without funding - San Jose Spotlight

Efforts to redirect Measure E monies in San Jose delay construction of 13 affordable housing projects, keeping over 1,500 homes off the market.
moreaffordable-housing

Another major storm in Florida may test FEMA's capacity

FEMA faces funding and staffing challenges as Hurricane Milton approaches Florida, compounding the impact of Hurricane Helene's devastation.

A key NASA commercial partner faces severe financial challenges

Axiom Space is struggling financially and facing challenges in fulfilling its contracts with NASA.

Some L.A. teachers, tired of waiting, are creating their own climate curriculum

California's public schools are implementing mandatory climate education, but face significant funding challenges.

Call for renewed Croydon funding for 'lifeline' programmes for youngsters

Community leaders in Croydon credit HAF programmes with reducing youth crime and benefitting local families, but funding uncertainty poses a challenge for future sustainability.

Trying to escape sea-level rise, Northwest coastal tribes are drowning in paperwork - High Country News

Tribal communities are facing critical challenges in climate adaptation due to inadequate funding and bureaucratic hurdles.

Why Aren't Paralympic Broadcasters Better? | Defector

The commentary in Paralympic sports often suffers from inexperience and underfunding, leading to poor viewing experiences for audiences.
#public-engagement

How to win funding to talk about your science

Effective science communication is essential, yet funding remains limited and often prioritized for traditional research outputs.

Changes to the city's Corridor Program raise 'serious transparency concerns' for transportation commissioners - Austin Monitor

Massive shortfall in city's Corridor Program led to pausing or scaling back projects, raising concerns about lack of public engagement and funding availability.

How to win funding to talk about your science

Effective science communication is essential, yet funding remains limited and often prioritized for traditional research outputs.

Changes to the city's Corridor Program raise 'serious transparency concerns' for transportation commissioners - Austin Monitor

Massive shortfall in city's Corridor Program led to pausing or scaling back projects, raising concerns about lack of public engagement and funding availability.
morepublic-engagement

a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash | TechCrunch

Tally, a fintech focusing on credit card debt management, shuts down due to funding challenges after transitioning to B2B model.
#california-wildfires

Will Voters Have Change Of Heart When It Comes To Tax For Improvements At Fresno State | KQED

Fresno State faces a crisis with over $500 million in deferred maintenance and struggles to secure funding for repairs and infrastructure development.

Chico planned a burn that could have curbed the Park Fire. Here's why it didn't get done

Prescribed burns can prevent catastrophic wildfires but face funding challenges.

Will Voters Have Change Of Heart When It Comes To Tax For Improvements At Fresno State | KQED

Fresno State faces a crisis with over $500 million in deferred maintenance and struggles to secure funding for repairs and infrastructure development.

Chico planned a burn that could have curbed the Park Fire. Here's why it didn't get done

Prescribed burns can prevent catastrophic wildfires but face funding challenges.
morecalifornia-wildfires
#congestion-pricing

NY congestion pricing pause already has consequences for infrastructure projects

New York Metropolitan Transportation Authority faces funding challenges due to the suspension of Manhattan congestion pricing.

Hochul Again Says She'll Fund MTA Without Congestion Pricing - Ignoring the Tolls' Other Benefits - Streetsblog New York City

Governor Hochul closed a portion of the MTA's capital budget hole caused by the suspension of congestion pricing but is still short on funds.

MTA vows it 'isn't giving up' on hated congestion pricing plan after Hochul's sudden about-face

Congestion pricing plans on hold by Gov. Hochul, but MTA remains committed to implementing them, facing challenges in funding major projects.

NY congestion pricing pause already has consequences for infrastructure projects

New York Metropolitan Transportation Authority faces funding challenges due to the suspension of Manhattan congestion pricing.

Hochul Again Says She'll Fund MTA Without Congestion Pricing - Ignoring the Tolls' Other Benefits - Streetsblog New York City

Governor Hochul closed a portion of the MTA's capital budget hole caused by the suspension of congestion pricing but is still short on funds.

MTA vows it 'isn't giving up' on hated congestion pricing plan after Hochul's sudden about-face

Congestion pricing plans on hold by Gov. Hochul, but MTA remains committed to implementing them, facing challenges in funding major projects.
morecongestion-pricing
#city-council

Council will face tough budget decisions on parks, animal services and homelessness - Austin Monitor

City Council facing tight budget decisions for various vital departments.

Parks Dept. looks to move forward with new, scaled-back Dougherty Arts Center - Austin Monitor

Replacement for Dougherty Arts Center to proceed without underground parking to reduce costs.
City faces cost increase for new arts center due to inflation and Council's previous directives.

Council will face tough budget decisions on parks, animal services and homelessness - Austin Monitor

City Council facing tight budget decisions for various vital departments.

Parks Dept. looks to move forward with new, scaled-back Dougherty Arts Center - Austin Monitor

Replacement for Dougherty Arts Center to proceed without underground parking to reduce costs.
City faces cost increase for new arts center due to inflation and Council's previous directives.
morecity-council

Exclusive: Antler CEO Magnus Grimeland on Asia's startup ecosystem and investment trends amid the AI boom

Startup ecosystem in Asia facing challenges but some investors remain optimistic about its potential.

Major London road bridge could stay shut for months as council says it can't afford 25million repair bill

Local MP accuses Redbridge Council of lacking funds to fix Broadmead Road Bridge.

BQE Cantilever Fix Won't Start Until 2028

Overhaul of the triple-cantilever section of BQE postponed to 2028 due to funding challenges.

Open Source is at a crossroads | @lightbend

Open source software ecosystem faces funding challenges, license changes, and backdoor threats, requiring a reevaluation of sustainability.

Marlena Fejzo

Hyperemesis gravidarum (HG) affects 2% of pregnancies causing severe symptoms; genetic research found GDF15 hormone levels variation as a potential cause, leading to treatment hopes.

How These Black Founders Are Building Startups Without Investors

Venture capital remains a challenge for underrepresented minority entrepreneurs, with women of color facing significant barriers in accessing funding opportunities.

San Jose park maintenance has multimillion-dollar backlog - San Jose Spotlight

San Jose faces a significant infrastructure backlog, impacting the condition of parks and facilities, highlighting the need for diversified funding sources to address the issue.

Exclusive: OpenAI-backed Ghost Autonomy shuts down

Ghost Autonomy, a startup in autonomous driving software, shut down due to uncertain profitability and funding challenges.
The startup had partnered with OpenAI and received significant investments, focusing on large language models for self-driving applications.
#public-transportation

The Superloop rapid bus network could be getting extended into southeast London

Sadiq Khan plans Bakerloop service between Lewisham and Elephant and Castle as an extension to Superloop.
Bakerloo line extension facing funding challenges, leading to creation of Bakerloop limited-stopping route.

Loads more Uber Boat services could soon be coming to east London

London's boat services may soon have an all-day, hourly service to better accommodate passengers' post-2020 schedules.
Barking Riverside Limited seeks 1 million pounds in funding from various sources to enhance the weekday services of Uber Boats by Thames Clipper.

The Superloop rapid bus network could be getting extended into southeast London

Sadiq Khan plans Bakerloop service between Lewisham and Elephant and Castle as an extension to Superloop.
Bakerloo line extension facing funding challenges, leading to creation of Bakerloop limited-stopping route.

Loads more Uber Boat services could soon be coming to east London

London's boat services may soon have an all-day, hourly service to better accommodate passengers' post-2020 schedules.
Barking Riverside Limited seeks 1 million pounds in funding from various sources to enhance the weekday services of Uber Boats by Thames Clipper.
morepublic-transportation

Brampton transit advocates say investments the province is boasting about will not solve problem | CBC News

Government highlights transit projects in Peel Region with a focus on extending light rail transit and adding trips on the GO train.
Canadian Urban Transit Association (CUTA) emphasizes the importance of addressing operational shortcomings in transit projects.

Indie Devs Say Xbox Game Pass And Epic Exclusive Deals Have Dried Up

Xbox Game Pass and Epic Games Store deals are no longer as lucrative for indie developers.
Budget cuts and funding cancellations are impacting small indie teams in the gaming industry.

Trailblazing Black Women Entrepreneurs Share How They're Breaking Barriers | Entrepreneur

Black women face barriers like funding denials and systemic racism in business.
Black woman-owned businesses are pushing through challenges to bring products to the market.

Mapped: How much council tax will rise in your area this year

Council tax bill will rise by 106 this year on average for a Band D property in England.
Councils are struggling to provide frontline services and are facing funding challenges despite recent boosts.

Britain is becoming a toxic chemical dumping ground yet another benefit of Brexit | George Monbiot

Brexit led to a separate and chaotic chemical regulatory system in the UK, potentially allowing unsafe chemicals in.
UK's separate chemical regulatory system lacks funding and staffing, creating inefficiencies.

CA High-Speed Rail Hearings: Progress, Plans, and Responding to Critics - Streetsblog California

Progress made on the CA High Speed Rail 2024 Business Plan includes completing environmental clearances and securing funding.
Oversight hearings by the legislature involved discussions on the program's progress, future plans, and funding challenges.

Remote driving startup Phantom Auto is shutting down | TechCrunch

Phantom Auto, a remote driving startup, is shutting down due to the failure to secure new funding after raising $95 million.
The demise of Phantom Auto is part of a trend in the autonomous vehicle industry where startups faced challenges in funding and operations.

High-speed rail cost, schedule hold steady - but money to keep building a big concern

Cost estimates for high-speed rail project in San Joaquin Valley remain stable, but key funds set to expire in 2030.
The California High-Speed Rail Authority's 2024 Business Plan outlines a cost range for the 171-mile stretch from Merced to Bakersfield.

NYC public school officials grilled about plan to comply with controversial class-size law

City Department of Education under scrutiny for class size reduction
Funding challenges in meeting class size reduction mandate

Calling all EU Startups: Here's your ticket to up to 500,000 grant from Mastercard's Strive EU Innovation Fund

Funding challenges for European startups
Mastercard's Strive EU Innovation Fund supporting small businesses

State of venture investments in India | TechCrunch

Lavish events like Lift Off can spark partnerships and drive investments.
Indian VCs facing pressing questions about excess fundraising amid record dry powder.

Finding Cash for the Climate Is Tough. Two New Pledges Show Why.

Wealthy countries have been reluctant to provide the necessary funds to address the global climate crisis.
The Biden administration is facing challenges in convincing Congress to approve $3 billion for the Green Climate Fund.

Broadband subsidies for rural Americans are ending putting telehealth at risk

Access to internet is vital for healthcare and communication, as demonstrated by Myrna Broncho's experience.

CERN's $17-billion supercollider in question as top funder criticizes cost

German government finds 91-kilometre European particle accelerator unaffordable.
from TechCrunch
5 months ago

Here are India's biggest AI startups based on how much money they've raised | TechCrunch

India's AI startup ecosystem mirrors early SaaS days, focusing on local challenges and innovation with limited funding compared to the West.

Rondo Energy funding shows a new way across the climate startup 'valley of death' | TechCrunch

Climate tech startups face challenges in scaling beyond prototype stage, requiring unique funding solutions like philanthropic grants.

San Mateo County Supervisors approve $4.2 billion budget

San Mateo County approved a $4.2 billion budget despite reduced funding, prioritizing public safety and social services.

Cost of bringing clean drinking water to California communities estimated at $11.5 billion

California's progress in addressing contaminated drinking water in small communities is significant but costly, estimated at $11.5 billion for the next five years.

More than one and a half million new jobs generated if policies prioritise SMEs - London Business News | Londonlovesbusiness.com

Small businesses would invest in expansion if government provides better conditions.

Funding Open-Source Generative AI With Crypto

The intersection of generative AI and Web3 is an active area of research with technological trends aiming to bridge the gap and solve funding challenges in open-source AI.
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