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Credit: Unsplash/CC0 Public Domain Remote teams are less likely to make breakthrough discoveries compared to those who work onsite, according to research led by the universities of Oxford and Pittsburgh into the rise of remote collaborations among scientists and inventors across the world. In their study published in Nature, the…

Jing Yang / Wall Street Journal: Sources: Shein raised $2B at a $66B valuation, down from ~$100B in 2022, co-led by Sequoia, General Atlantic, and Mubadala; Shein generated $23B in 2022 revenue — Online retailer made $800 million net profit in 2022 and is targeting 40% growth, but faces geopolitical headwinds and rising competition Jing Yang / Wall Street Journal: Sources: Shein raised $2B at a $66B valuation, down from ~$100B in 2022, co-led by Sequoia, General Atlantic, and Mubadala; Shein…

Matt Day / Bloomberg: Tel Aviv-based Trigo Vision, a cashierless checkout startup working with Tesco, Aldi, and others, raised $100M co-led by Temasek and 83North — An Israeli startup making technology for cashier-free payment at brick-and-mortar stores has raised $100 million. Matt Day / Bloomberg: Tel Aviv-based Trigo Vision, a cashierless checkout startup working with Tesco, Aldi, and others, raised $100M co-led by Temasek and 83North — An Israeli startup making technology for…

Devin Coldewey / TechCrunch: LatchBio, which develops a web-based service for biologists to integrate, process, and visualize data, raises a $28M Series A co-led by Coatue and Lux Capital — Biologists and other scientists are confronted these days with a deep sea of data and a bewildering panoply of tools to apply to it … Devin Coldewey / TechCrunch: LatchBio, which develops a web-based service for biologists to integrate, process, and visualize data, raises a $28M Series A co-led by…