As of 2020, there are over 40 million Hispanics of Mexican origin living in the United States, many of whom are unbanked or underbanked because of inadequate access to banking resources, including bank branches in their community, and access to loans with […]
App Annie is a mobile data and analytics platform tech startup founded 11 years ago by Bertrand Schmitt and Bjorn Stabell. App Annie is a leading alternative data provider for the mobile app industry. Its platform is used by more than 1 million users […]
Renewable energy generation is expected to account for more than half the world’s power supply by 2035, rising to 75% by the middle of the century. Over the years, the cost of lithium-ion batteries has decreased quickly and markedly, enabling […]
As the self-driving delivery service market heats up, Walmart, Ford, and Argo AI announced today they’re teaming up to launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C. As part of the pilot, the last-mile delivery service will […]
In 2018, Quek Siu Rui, the 26-year-old founder of Singapore-based Carousell turned down a $100 million offer for the startup he founded six years earlier. As we reported back then, Rui was offered $100 million for his startup that makes […]
Pharmacia & Upjohn was a company most Americans probably never heard about. Pharmacia & Upjohn was a global pharmaceutical company formed by the merger of Sweden-based Pharmacia AB and the American company Upjohn in 1995. In July 2003, Pharmacia was later sold to […]
Remitly, a cross-border remittance provider to customers, is planning to go public at a valuation of nearly $7 billion in its U.S. initial public offering (IPO), according to Tuesday’s regulatory filing with the U.S. Securities and Exchange Commission (SEC). The announcement comes a […]
Toast is a Boston-based restaurant tech startup the has been helping struggling restaurants navigate and survive through the COVID-19 pandemic over the past 18 months. Now, the startup is gearing up for its IPO next week that could potentially value the 10-year old […]
For 40 years, the SoftBank Group has helped fund promising tech startup companies and founders around the world. In March 2019, Softbank created the $5 billion SoftBank Latin America Fund to partner with entrepreneurs and founders shaping the future of […]
Melio, a New York-based fintech startup that gives small businesses a way to digitally manage their business-to-business payments and receivables, today announced it has raised $250 million in late-stage funding round, tripling its valuation to $4 billion since the start […]
For far too long, life insurance has been inaccessible to many Americans, with 41 million Americans reporting needing but lacking policies. Now, one startup is aiming to disrupt the life insurance market and fundamentally change the industry by offering competitive […]
Chinese autonomous driving start-up DeepRoute.ai said today it has raised over $300 million in Series B funding to further research and development, expand its team, and scale automaker collaboration and fleet operation. The round was led by Alibaba Group, with participation from other investors […]
Intuit has acquired email marketing company Mailchimp for $12 billion in cash and stock, the two companies said in an announcement Monday. The acquisition makes it the biggest-ever deal for a privately-held bootstrapped tech startup company, as Mailchimp never took outside […]
India-based customer relationship management (CRM) software startup is planning for a nearly $9 billion valuation in a U.S. initial public offering. The company disclosed in a regulatory filing with the Securities and Exchange Commission (SEC) on Monday. We covered FreshWorks […]
As Pfizer plans to start administering a third booster shot for covid-19 for millions of Americans, a group of leading U.S. and international scientists said Covid booster shots are ‘not appropriate’ at this time. In the study, which was published Monday in the peer-reviewed […]
Early this morning, fake news about a partnership between the world’s largest grocer Walmart and Litecoin was circulating on social media. A number of media organizations including Reuters and CNBC sent headlines on the announcement. Now, Walmart just denied the news […]
With just nine months into 2021, Microsoft has acquired a total of nine companies, equating to one acquisition per month. Among them are Nuance Communications which Microsoft acquired In April. Others include Kinvolk, RiskIQ, CloudKnox, Peer5, and others. Now, Microsoft continues its […]
The InsureTech market is red hot with no sign of slowing down. In the past three years alone, venture investors have poured over $20 billion into the space, making it one of the highest growing sectors. One of the leading […]
Globally, 18% of small businesses said they were currently closed, down from 24% in February. In the US, both numbers were slightly lower, at 16% and 22% respectively. However, of those businesses still operating globally, more reported reduced employment this […]
4D sensors have traditionally been the domain of high power, expensive military-grade radar or laser systems. Until now. Oculii is an Oregon-based developer of high-resolution imaging radars for autonomous systems. Backed by prominent Silicon Valley angel investors and VCs, Oculii is leveling the playing […]
