Category: UNCATEGORIZED

21 Jul 2020

Apple says its supply chains and products will be carbon neutral by 2030

Apple this morning announced plans to make its entire business carbon neutral within the next 10 years. The news follows the company’s push toward a fully carbon neutral corporate structure, adding its manufacturing supply chain and resulting products into the mix.

The roadmap to sustainability as released today, as part of the company’s annual Environmental Progress Report. Reducing every device it sells to zero climate impact means a couple of things. The primary concern is finding ways to reduce emissions from productions by 75%. The remainder will be focused on efforts to help remove carbon from the atmosphere.

The company has already begun pushing to make a larger percentage of its products from recycled materials, thanks in part to its own in house robots Dave and Daisy (serious 2001 vibes), which recover key rare earth magnets and tungsten, along with some steel recovery. The company also runs its own Material Recovery Lab in Austin, with help from engineers at Carnegie Mellon.

Apple says it’s working with more than 70 energy suppliers to go 100% renewable for its production centers, partnership it believes will reduce roughly the same amount of carbon emissions annually as three million cars. The company is also working to launch one of the world’s biggest solar arrays in Europe. As far as the remaining 25% of carbon reduction, there are number of initiatives outlined in the report, including efforts to resort forests in Africa and South America.

There are also plans to launch an “Impact Accelerator,” aimed at investing in minority-owned businesses launched as part of the company’s Racial Equity and Justice Initiative. As for how that relates to the topic of sustainability, VP Lisa Jackson says in a press release, “Systemic racism and climate change are not separate issues, and they will not abide separate solutions. We have a generational opportunity to help build a greener and more just economy, one where we develop whole new industries in the pursuit of giving the next generation a planet worth calling home.”

Apple has generally received high marks from Greenpeace in recent years, for its aggressive efforts to limit the impact of its massive global operations.

21 Jul 2020

UK gov’t asleep at the wheel on Russia cyber ops threat, report warns

The UK lacks a comprehensive and cohesive high level strategy to respond to the cyber threat posed by Russia and other hostile states using online disinformation and influence ops to target democratic institutions and values, a parliamentary committee has warned in a long-delayed report that’s finally been published today.

“The UK is clearly a target for Russia’s disinformation campaigns and political influence operations and must therefore equip itself to counter such efforts,” the committee warns, calling for legislation to tackle the multi-pronged threat posed by hostile foreign influence operations in the digital era.

The report also urges the government to do the leg work of attributing state-backed cyber attacks — recommending a tactic of ‘naming and shaming’ perpetrators, while recognizing that UK agencies have, since the WannaCry attack, been more willing to publicly attribute a cyber attack to a state actor like Russia than they were in decades past. (Last week the government did just that in relation to COVID-19 vaccine R&D efforts — attacking Russia for targeting the work with custom malware, as UK ministers sought to get out ahead of the committee’s recommendations.)

“Russia’s cyber capability, when combined with its willingness to deploy it in a malicious capacity, is a matter of grave concern, and poses an immediate and urgent threat to our national security,” the committee warns.

On the threat posed to democracy by state-backed online disinformation and influence campaigns, the committee also points a finger of blame at social media giants for “failing to play their part”.

“It is the social media companies which hold the key and yet are failing to play their part,” the committee writes, urging the government to establish “a protocol” with platform giants to ensure they “take covert hostile state use of their platforms seriously, and have clear timescales within which they commit to removing such material”.

“Government should ‘name and shame’ those which fail to act,” the committee adds, suggesting such a protocol could be “usefully expanded” to other areas where the government is seeking action from platforms giants.

Russia report

The Intelligence and Security Committee (ISC) prepared the dossier for publication last year, after conducting a lengthy enquiry into Russian state influence in the UK — including examining how money from Russian oligarchs flows into the country, and especially into London, via wealthy ex-pats and their establishment links; as well as looking at Russia’s use of hostile cyber operations to attempt to influence UK elections.

UK prime minister Boris Johnson blocked publication ahead of last year’s general election — meaning it’s taken a full nine months for the report to make it into the public domain, despite then committee chair urging publication ahead of polling day. The UK’s next election, meanwhile, is not likely for some half a decade’s time. (Related: Johnson was able to capitalize on unregulated social media ads during his own election campaign last year, so, er… )

The DCMS committee, which was one of the bodies that submitted evidence to the ISC’s inquiry, has similarly been warning for years about the threats posed to democracy by online disinformation and political targeting — as have the national data watchdog and others. Yet successive Conservative-led governments have failed to act on urgent recommendations in this area.

Last year ministers set out a proposal to regulate a broad swathe of ‘online harms’, although the focus is not specifically on political disinformation — and draft legislation still hasn’t been laid before parliament.

“The clearest requirement for immediate action is for new legislation,” the ISC committee writes of the threat posed by Russia. “The Intelligence Community must be given the tools it needs and be put in the best possible position if it is to tackle this very capable adversary, and this means a new statutory framework to tackle espionage, the illicit financial dealings of the Russian elite and the ‘enablers’ who support this activity.”

The report labels foreign disinformation operations and online influence campaigns something of a “hot potato” no UK agency wants to handle. A key gap the report highlights is this lack of ministerial responsibility for combating the democratic threat posed by hostile foreign states, leveraging connectivity to spread propaganda or deploy malware.

“Protecting our democratic discourse and processes from hostile foreign interference is a central responsibility of Government, and should be a ministerial priority,” the committee writes, flagging both the lack of central, ministerial responsibility and a reluctance by the UK’s intelligence and security agencies to involve themselves in actively defending democratic processes.

“Whilst we understand the nervousness around any suggestion that the intelligence and security Agencies might be involved in democratic processes – certainly a fear that is writ large in other countries – that cannot apply when it comes to the protection of those processes. And without seeking in any way to imply that DCMS [the Department for Digital, Culture, Media and Sport] is not capable, or that the Electoral Commission is not a staunch defender of democracy, it is a question of scale and access. DCMS is a small Whitehall policy department and the Electoral Commission is an arm’s length body; neither is in the central position required to tackle a major hostile state threat to our democracy.”

Last July the government did announce what it called its Defending Democracy programme, which — per the ISC committee report — is intended to “co-ordinate work on protecting democratic discourse and processes from interference under the leadership of the Cabinet Office, with the Chancellor of the Duchy of Lancaster and the Deputy National Security Adviser holding overall responsibility at ministerial and official level respectively”.

However the committee points out this structure is “still rather fragmented”, noting that at least ten separate teams are involved across government.

It also questions the level of priority being attached to the issue, writing that: “It seems to have been afforded a rather low priority: it was signed off by the National Security Council only in February 2019, almost three years after the EU referendum campaign and the US presidential election which brought these issues to the fore.”

“In the Committee’s view, a foreign power seeking to interfere in our democratic processes – whether it is successful or not – cannot be taken lightly; our democracy is intrinsic to our country’s success and well-being and any threat to it must be treated as a serious national security issue by those tasked with defending us,” it adds.

The lack of an overarching ministerial body invested with central responsibility to tackle online threats to democracy goes a long way to explaining the damp squib of a response around breaches of UK election law which relate to the Brexit vote — when social media platforms were used to funnel in dark money to fund digital ads aimed at influencing the outcome of what should have been a UK-only vote.

(A redacted footnote in the report touches on the £8M donation by Arron Banks to the Leave.EU campaign — “the biggest donor in British political history”; noting how the Electoral Commission, which had been investigating the source of the donation, referred the case to the National Crime Agency — “which investigated it ***” [redacting any committee commentary on what was or was not found by the NCA]; before adding: “In September 2019, the National Crime Agency announced that it had concluded the investigation, having found no evidence that any criminal offences had been committed under the Political Parties, Elections and Referendums Act 2000 or company law by any of the individuals or organisations referred to it by the Electoral Commission.”)

“The regulation of political advertising falls outside this Committee’s remit,” the ISC report adds, under a brief section on ‘Political advertising on social media’. “We agree, however, with the DCMS Select Committee’s conclusion that the regulatory framework needs urgent review if it is to be fit for purpose in the age of widespread social media.

“In particular, we note and affirm the Select Committee’s recommendation that all online political adverts should include an imprint stating who is paying for it. We would add to that a requirement for social media companies to co-operate with MI5 where it is suspected that a hostile foreign state may be covertly running a campaign.”

On Brexit itself, and the heavily polarizing question of how much influence Russia was able to exert over the UK’s vote to leave the European Union, the committee suggests this would be “difficult” or even “impossible” to assess. But it emphasizes: “it is important to establish whether a hostile state took deliberate action with the aim of influencing a UK democratic process, irrespective of whether it was successful or not.”

The report then goes on to query the lack of evidence of an attempt by the UK government or security agencies to do just that.

In one interesting — and heavily redacted paragraph — the committee notes it sought to ascertain whether UK intelligence agencies hold “secret intelligence” that might support or supplement open source studies that have pointed to attempts by Russia to influence the Brexit vote — but was sent only a very brief response.

Here the committee writes:

In response to our request for written evidence at the outset of the Inquiry, MI5 initially provided just six lines of text. It stated that ***, before referring to academic studies. This was noteworthy in terms of the way it was couched (***) and the reference to open source studies ***. The brevity was also, to us, again, indicative of the extreme caution amongst the intelligence and security Agencies at the thought that they might have any role in relation to the UK’s democratic processes, and particularly one as contentious as the EU referendum. We repeat that this attitude is illogical; this is about the protection of the process and mechanism from hostile state interference, which should fall to our intelligence and security Agencies.

The report also records a gap in the government’s response on this issue — with the committee being told of no active attempt by government to understand whether or not UK elections have been targeted by Russia.

“The written evidence provided to us appeared to suggest that HMG had not seen or sought evidence of successful interference in UK democratic processes or any activity that has had a material impact on an election, for example influencing results,” it writes.

A later redacted paragraph indicates an assessment by the committee that the government failed to fully take into account open source material which had indicated attempts to influence Brexit (such as the studies of attempts to influence the referendum using Russia state mouthpieces RT and Sputnik; or via social media campaigns).

“Given that the Committee has previously been informed that open source material is now fully represented in the Government’s understanding of the threat picture, it was surprising to us that in this instance it was not,” the committee adds.

The committee also raises an eyebrow at the lack of any post-referendum analysis of Russian attempts to influence the vote by UK intelligence agencies — which it describes as in “stark contrast” to the US agency response following the revelations of Russian disops targeted at the 2016 US presidential election.

“Whilst the issues at stake in the EU referendum campaign are less clear-cut, it is nonetheless the Committee’s view that the UK Intelligence Community should produce an analogous assessment of potential Russian interference in the EU referendum and that an unclassified summary of it be published,” it suggests.

In other recommendations related to Russia’s “offensive cyber” capabilities, the committee reiterates that there’s a need for “a common international approach” to tackling the threat.

“It is clear there is now a pressing requirement for the introduction of a doctrine, or set of protocols, to ensure that there is a common approach to Offensive Cyber. While the UN has agreed that international law, and in particular the UN Charter, applies in cyberspace, there is still a need for a greater global understanding of how this should work in practice,” it writes, noting that it made the same recommendation in its 2016-17 annual
report.

“It is imperative that there are now tangible developments in this area in light of the increasing threat from Russia (and others, including China, Iran and the Democratic People’s Republic of Korea). Achieving a consensus on this common approach will be a challenging process, but as a leading proponent of the Rules Based International Order it is essential that the UK helps to promote and shape Rules of Engagement, working
with our allies.”

The security-cleared committee notes that the public report is a redacted summary of a more detailed dossier it felt unable to publish on account of classified information and the risk of Russia being able to use it to glean too much intelligence on the level of UK intelligence of its activities. Hence opting for a more truncated (and redacted) document than it would usually publish — which again raises questions over why Johnson sought repeatedly to delay publication.

Plenty of sections of the report contain a string of asterisk at a crucial point, eliding strategic specifics (e.g. this paragraph on exactly how Russia is targeting critical UK infrastructure: “Russia has also undertaken cyber pre-positioning activity on other nations’ Critical National Infrastructure (CNI). The National Cyber Security Centre (NCSC) has advised that there is *** Russian cyber intrusion into the UK’s CNI – particularly marked in the *** sectors.)”)

Most recently Number 10 sought to influence the election of the ISC committee chair by seeking to parachute a preferred candidate into the seat — which could have further delayed publication of the report. However the attempt at stacking the committee was thwarted when new chair, Conservative MP Julian Lewis, sided with opposition MPs to vote for himself. After which the newly elected committee voted unanimously to release the Russia report before the summer recess of parliament, avoiding another multi-month delay.

Another major chunk of the report, which tackles the topic of Russian expatriate oligarchs and their money; how they’ve been welcomed into UK society with “open arms”, enabling their illicit finance to be recycled through “the London ‘laundromat’, and to find its way inexorably into political party coffers, may explain the government’s reluctance for the report to be made public.

The committee’s commentary here makes particularly awkward reading for a political party with major Russian donors. And a prime minister with Russian oligarch friends

“It is widely recognised that the key to London’s appeal was the exploitation of the UK’s investor visa scheme, introduced in 1994, followed by the promotion of a light and limited touch to regulation, with London’s strong capital and housing markets offering sound investment opportunities,” the committee writes, further noting that Russian money was also invested in “extending patronage and building influence across a wide sphere of the British establishment – PR firms, charities, political interests, academia and cultural institutions were all willing beneficiaries of Russian money, contributing to a ‘reputation laundering’ process”.

“In brief, Russian influence in the UK is ‘the new normal’, and there are a lot of Russians with very close links to Putin who are well integrated into the UK business and social scene, and accepted because of their wealth,” it adds.

You can read the full report here.

21 Jul 2020

Medley, a life and career coaching community for everyone, launches today

As we speak, there are professional networks for women executives, mothers, owners of small and medium-sized businesses, and many more.

Medley, a new membership-based community that launches today, is looking to do things a little bit different. Instead of bringing together a specific category of people, the goal of Medley is to connect users with people who aren’t just like them.

Founded by mom and daughter duo Edith Cooper and Jordan Taylor, Medley is backed by a variety of angel investors including Jen Rubio, Tim Armstrong, Damien Dwin, as well as Foundation Capital. The company declined to disclose the amount raised.

Cooper and Taylor told TechCrunch that one of the biggest challenges with the product is defining what it is. Unlike some other professional membership communities, Medley isn’t solely focused on career growth, but rather incorporates personal growth into the framework.

“Medley is really about the connection between your career, your personal growth and your philosophy in life,” said Edith Cooper. “What I experienced is that people no longer want there to be strict barriers between those aspects of their lives.”

Folks who join Medley spend about 15 minutes on the application process, answering a wide range of questions that take a look at personal and professional information, but also at their general psychology and personality type.

From there, Medley matches users into a group of eight with the precise goal of ensuring that there is diversity among that small group. Some may be older, while others are younger. They may come from different racial backgrounds or different industries. Men and women alike will meet together in their groups.

An expert executive coach is also in on these monthly group meetings (which are currently being held virtually due to the coronavirus pandemic), and guides the group as they share about themselves and learn about their groupmates, all the while focusing on communication.

Prior to Medley, Cooper was a partner at Goldman Sachs for twenty years, and spent the last decade of her tenure as Global Head of Human Capital Management. Taylor was Chief of Staff at Mic, and was also a consultant at Boston Consulting Group and a Baker Scholar from Harvard Business School.

“There is one main theme for my investment thesis, which is the change to direct empowerment and direct ownership of relationships between people and everything else,” said Tim Armstrong . “Just like you may have a direct relationship with your gym or personal trainer — which a lot of people do and it’s an industry that’s growing tremendously — most people have not taken direct ownership of their careers. They end up outsourcing to the companies they work for that don’t have the resources to do development.”

He added that Medley is a gym for your mind and your career.

Medley’s target demographic is people in their late 20s, early 30s, who are starting to think more long-term about their choices both professionally and personally.

That said, part of what makes Medley special is that it’s open to anyone who’s curious to learn, grow and explore other people. As such, Medley is available on an opportunity-based sliding scale for the annual membership fee to ensure the community remains inclusive. Founding memberships are available now for $150/month or $1,500 annually.

Cooper explained that some of the biggest barriers for Medley are in the midst of being broken down.

“We don’t have to explain anymore that different perspectives are valuable,” said Cooper. “We don’t have to explain anymore why it’s so important to have intentional conversations and dialogue with people, or that we can do that virtually as well as in person. Some of the biggest things that we were focused on communicating about this business and this offering have been broken down as a result of the push and inertia of the other things that are going on in society.”

21 Jul 2020

IBM Research develops new macromolecule that could counter antibiotic resistance

There are other persistent, grave health crises brewing besides the ongoing COVID-19 pandemic: Antibiotic resistance is one, and the troubling trend is that it’s on the rise, leading to an increase in so-called ‘superbugs’ that are difficult to treat. IBM Research, working in partnership with Singapore’s Institute of Bioengineering and Nanotechnology, has developed a synthetic macromolecule polymer that can potentially be used to significantly increase the effectiveness of existing antibiotics, rendering them able to fight off emerging superbugs.

In a new paper published in academic journal Advanced Science, the IBM researchers detail their work in creating a polymer that can be combined with course of antibiotics that are used to treat non-resistant strains of infections, in does equal or even lower to those that are found to be effective in treating the varieties of the infections that lack the ability to overcome antibiotics.

The macromolecule works by essentially hitching itself to the enzymes that bacteria modify when they are treated using antibiotics, but not completely eliminated. That’s a big reason why you’re always told to take the entire course of an antibiotic when it’s prescribed: If it isn’t completely wiped out, it can rebound and develop resistance to the treatment used when it comes back.

The IBM polymer basically shorts out the protective measures developed by the bacteria when to counter the effects of the antibiotic, returning (or potentially even slightly improving) their efficacy.

This is still relatively early research that’s been done in the highly controlled environment of the lab, and would require a lot more development and testing, including proper clinical trials involving human patients before it actually becomes anything to be used in the real world. But these lab-based results provide a very promising basis upon which to build that work, having shown demonstrated efficacy with real multidrug-resistant bacterial infections.

21 Jul 2020

Pakistan issues ‘final warning’ to TikTok and blocks Bigo app over ‘immoral, obscene, and vulgar content’

TikTok has come under fire in yet another country.

Pakistan has blocked Bigo Live streaming app and issued “final warning” to ByteDance’s TikTok over “immoral, obscene, and vulgar content” on the apps.

The nation’s telecom authority said it had received a number of complaints from various segments of the society over the nature of videos that circulate on Bigo and ByteDance’s app and how it is impacting “society in general and youth in particular.”

Pakistan Telecommunications Authority said in a statement that it recently relayed those concerns to ByteDance and Bigo Technologies, which operates Bigo app, and urged it to proactively “moderate the socialization and content within legal and moral limits.” But the response from these apps hasn’t been satisfactory, it said.

“Therefore, in exercise of its powers under PECA (nation’s Prevention of Electronic Crimes Act), PTA has decided to immediately block Bigo and issue final warning to TikTok to put in place a comprehensive mechanism to control obscenity, vulgarity, and immorality through its social media application.”

ByteDance did not immediately respond to a request for comment.  Bigo could not be immediately reached.

The push from Pakistan comes weeks after its neighboring nation India banned TikTok, Bigo and 57 other apps developed by Chinese firms over cybersecurity concerns.

Prior to the ban, TikTok identified India — where it had amassed over 200 million monthly active users — as its biggest market outside of China. Like in India, TikTok is also immensely popular in Pakistan, said Danish Khalid, an executive at Bykea, a Karachi-headquartered ride-hailing startup.

According to mobile insights firm Sensor Tower, TikTok was the most downloaded app in Pakistan, which has about 40 million internet users, last year.

Some activists have decried Pakistan’s warning to TikTok and blocking of Bigo Live, calling the move nation’s attempt to “test the ground to what extent they can go in censoring.”

Pakistan also placed a temporarily ban on popular mobile game PUBG earlier this week over concerns that youth in the nation were “wasting their time” on the “addictive” app.

Earlier this year, Pakistan’s government unveiled some of the world’s most sweeping rules on internet censorship that would have severely impacted American tech firms operating in the nation. But it later retreated the rules after Facebook, Google, and Twitter among other firms threatened to leave the nation.

TikTok, ByteDance’s marquee app, is also facing tension in the United States. Secretary of State Mike Pompeo said earlier this month that the U.S. was “certainly looking” at banning TikTok over concerns that it could be used by the Beijing government as a surveillance and propaganda tool.

21 Jul 2020

Robinhood, the stock trading app, postpones UK launch ‘indefinitely’

Robinhood, the U.S.-based stock trading app, is postponing its U.K. launch “indefinitely,” more than a year and a half after the company begun executing on plans to cross the pond. It now intends to refocus its efforts on its home market.

In November last year, a U.K. waitlist was opened up, garnering 250,000 signups. That’s now in vain, with Robinhood shutting down the U.K. website and promising to delete customer email addresses in line with local privacy regulation. Prospective customers who registered were informed of the decision earlier this morning.

Commenting on the u-turn, a Robinhood spokesperson issued TechCrunch with the following statement:

“A lot has changed in the world over the past few months, and we’ve made the difficult decision to postpone our UK launch indefinitely. As a company, we are refocusing our efforts on strengthening our core business in the US. We know many people in the UK were excited to invest through Robinhood, and we regret that we cannot deliver our product to UK customers in 2020. Although our global expansion plans are on hold for now, we’re committed to democratising finance for more people around the world. We look forward to the day when we can bring this mission to the UK.”

I also understand that Robinhood plans to transfer a number of U.K. staff to core U.S. team projects where possible and says it will support others to help transition into new jobs. A core team will remain at Robinhood U.K. for the time being.

Meanwhile, Robinhood’s withdrawal from the U.K. is likely good news for U.K. upstart competitors. They include Freetrade, Bux and Revolut . As Yahoo News notes, it also comes amid a spew of bad publicity for the stock trading app, after the the reported suicide of 20-year-old American Alex Kearns, who mistakingly believed he had run up debt of almost $750,000 trading complex options on Robinhood.

21 Jul 2020

Netflix tests new low-cost subscription plan in India

Netflix is testing a new pricing tier in India as the on-demand video streaming service looks to court more subscribers in Asia’s third-largest economy.

The American giant has unveiled a “Mobile+” plan for some new subscribers in India that delivers streaming in high-definition (HD) quality and supports mobile, tablet, and computer screens (but not TV). The monthly tier is priced at 349 Indian rupees ($4.7).

The testing of the new tier, first spotted by AndroidPure, comes months after Netflix introduced a mobile-only plan in India that is priced at 199 Indian rupees ($2.7). The mobile-only plan, as the name suggests, restricts users from accessing the service from their computer screen or TV, and lowers the streaming quality to standard definition (480p.)

A Netflix spokesperson confirmed the test to TechCrunch.

“We launched the Mobile Plan in India to make it easier for anyone with a smartphone to enjoy Netflix. We want to see if members like the added choice this offer brings. We’ll only roll it out long-term if they do,” the spokesperson said.

More to follow…

21 Jul 2020

Russia’s BestDoctor attracts international investors for its $4.5M round

The private medical insurance market is expanding year on year by over 5%, and that includes in Russia where the insurance market – which grew by 4% in 2019 – has reached a value of almost $22 billion.

So it’s not that surprising that Russian insurtech startup BestDoctor has now closed its third round of financing for $4.5 million. Lead investors AddVenture, based out of Moscow, and Target Global, based out of Berlin, were joined by the London-based LVL1 fund, which had previously invested in the company.

BestDoctor is an online medical insurance platform offering private medical insurance for companies and their employees. As well as insurance, its also delivers 24/7 health support and medical consultations via its mobile app. Users can also get access to recommendations on preventive care and online support from BestDoctor physicians. The idea is that users save up to 23% on their annual medical expenses, and up to 95% of users renew the contract after a year.
 
Its clients largely consist of Russian corporates including Voximplant, Faberlic, Ivideon, Prisma Labs and Rambler Group, which add up to over 30,000 people. It also collaborates with 11,000 clinics across Russia.

Mark Sanevich, BestDoctor’s CEO and co-founder says the need for online medical services was amplified during the pandemic: “Our business received a strong boost. Now we are going to focus on establishing a comprehensive platform on the basis of medical insurance.”

Target Global Managing Partner Mikhail Lobanov said: “BestDoctor is a rare example of a company that combines medicine and high-tech, while directly connecting employers with medical clinics. High-tech private medical insurance, with the ability to consult a doctor 24/7 ensures transparency of all expenses.”

AddVenture managing partner Maxim Medvedev said: “By summer 2019, BestDoctor had a good head start: it had large enterprise clients, the company figured out the market’s problems and needs, and dozens of product ideas were tested.”

BestDoctor plans to spend the newly raised funds on developing its software and also plans to expand its sales activity, concentrating on new product segments.

21 Jul 2020

Eco-friendly laundry goods subscription service smol raises £8M from Balderton

Smol is a startup that delivers eco-friendly laundry capsules and dishwasher tablets on subscription through letterboxes, which undercut the price of the leading brands, to people’s homes. It’s now raised £8 million in a Series A funding round led by Balderton Capital with participation from JamJar Investments. The funding will see smol push into new product categories, expand further into new markets and expand its team. Before this round smol had been funded by seed money from private investors.  

Created by former Unilever employees, Paula Quazi and Nick Green in 2018, its also launched its own-brand, animal-fat-free, vegan fabric conditioner and a 100% plastic-free, child-lock packaging for its laundry and dishwashing products, as well as fabric conditioner made from 100% post-consumer recycled plastic which as recyclable. Smol also offers a returns scheme for refill and reuse.

P&G and Unilever currently dominate the market, while smog hopes to become ‘the dollar shave club’ of laundry.

Paula Quazi, Co-founder of smol said in a statement: “Having seen how the industry has barely innovated in over a hundred years we launched smol to take the hassle out of washing for families whose laundry needs have been ignored for decades.”

Suranga Chandratillake, Partner at Balderton Capital said: “When people think of technology disruption, it is normal to think of digital products and internet tools. However, technology has the power to make life better for us in the most unexpected ways and we believe Paula, Nick and their amazing team have tapped into just such an opportunity at smol.”

21 Jul 2020

Eco-friendly laundry goods subscription service smol raises £8M from Balderton

Smol is a startup that delivers eco-friendly laundry capsules and dishwasher tablets on subscription through letterboxes, which undercut the price of the leading brands, to people’s homes. It’s now raised £8 million in a Series A funding round led by Balderton Capital with participation from JamJar Investments. The funding will see smol push into new product categories, expand further into new markets and expand its team. Before this round smol had been funded by seed money from private investors.  

Created by former Unilever employees, Paula Quazi and Nick Green in 2018, its also launched its own-brand, animal-fat-free, vegan fabric conditioner and a 100% plastic-free, child-lock packaging for its laundry and dishwashing products, as well as fabric conditioner made from 100% post-consumer recycled plastic which as recyclable. Smol also offers a returns scheme for refill and reuse.

P&G and Unilever currently dominate the market, while smog hopes to become ‘the dollar shave club’ of laundry.

Paula Quazi, Co-founder of smol said in a statement: “Having seen how the industry has barely innovated in over a hundred years we launched smol to take the hassle out of washing for families whose laundry needs have been ignored for decades.”

Suranga Chandratillake, Partner at Balderton Capital said: “When people think of technology disruption, it is normal to think of digital products and internet tools. However, technology has the power to make life better for us in the most unexpected ways and we believe Paula, Nick and their amazing team have tapped into just such an opportunity at smol.”