2022 - Tech Startups

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German eVTOL startup Lilium to build 400 unmanned flying air taxis in one year

Nickie Louise Posted On September 28, 2022

Just three years ago, we wrote about Lilium Air Mobility after the German air taxi developer unveiled a plan to introduce unmanned flying taxis by the year 2025. Now, it appears the company may be ahead of schedule. Today, Lilium announced […]

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Kaleidos, the startup behind open-source design software Penpot, raises $8M in funding two weeks after Adobe acquired rival Figma for $20 billion

Nickie Louise Posted On September 28, 2022

On September 15, Adobe agreed to buy online design startup Figma for $20 billion. Fast forward two weeks ago later, investors and venture capital firms are now pouring millions into open-source challenger Penpot, a collaborative design and prototyping platform developed by […]

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Blockchain / DeFi / Launch / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

TIDEFI launches its Mainnet, DEX App, and unique TDFY Sunrise Pool Token Distribution

Daniel Levi Posted On September 28, 2022

Decentralized finance (DeFi) continues to gain adoption as mainstream users look for alternatives to traditional banks and financial institutions. Between 2020 and 2022, the DeFi industry grew by a massive 865%, hitting $254.99 billion in December 2021 by total value locked […]

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Italy’s fintech startup Satispay vaults to unicorn status after raising 320M euros to become the next leading payment network in Europe

Nickie Louise Posted On September 28, 2022

Italy’s mobile app payments startup Satispay becomes the newest to attain highly unicorn status after closing 320 million euros in a new round of investments, pushing the company’s valuation to over 1 billion euros ($955 million). The Series D round, which […]

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With $10M funding, VFR.ai plans to disrupt the ad industry with innovative CTV Tech

Nickie Louise Posted On September 28, 2022

For decades, television has been one of the most prominent and influential channels for advertisement. But in recent years, most performance-based advertisers avoid TV advertisements in favor of digital media and other quantifiable channels. The connected TV (CTV) penetration rate in the […]

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Fast Company hacked: Site shuts down after hackers exploited its CMS tool to send “obscene and racist” notifications to Apple users

Nickie Louise Posted On September 28, 2022

Fast Company, a U.S.based business media publication, was forced to shut down its site on Tuesday evening after hackers used the site to send “obscene and racist” notifications to Apple users via the iPhone maker’s Apple News service. The company […]

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Technology News

The global internet is powered by vulnerable undersea cables: Could Nord Stream pipelines sabotage trigger their attack?

Daniel Levi Posted On September 28, 2022

Nord Stream pipelines, which bring natural gas from Russia to Europe via the Baltic Sea, were hit today by suspicious leaks. Denmark and Sweden seismologists said they recorded powerful underwater explosions following the leaks The report of the blast came […]

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Startup Spotlight / Technology News

25% of Netflix subscribers plan to end their subscriptions this year due to price hikes and high cost of living

Nickie Louise Posted On September 27, 2022

Netflix has had a very bad year. This year alone, the company lost about two-thirds of its value. In addition, the company also lost nearly 1.2 million subscribers in the first two quarters of 2022. The streaming giant also recorded subscriber […]

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Microsoft leads a $20 million investment in Web3 data warehouse startup Space and Time

Daniel Levi Posted On September 27, 2022

Venture capital firms and investors continue to pour millions into web3 startups despite the ongoing global economic downturn. Although venture funding has decreased in recent months, it has done little to slow down the momentum for web3 startups. Now, Web3-native […]

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VR concert platform AmazeVR lands $32M in Series B funding to usher in a new era of immersive concerts

Nickie Louise Posted On September 27, 2022

Immersive entertainment has grown in popularity in recent years, thanks in part to virtual (VR) and augmented reality (AR) glasses. In 2019, the immersive entertainment industry was valued at $61.8 billion. Today, the market is estimated to be around $65 billion. […]

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Acquisition / Featured / Startup Funding / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Crypto exchange giant FTX to acquire bankrupt Voyager’s assets for $1.42 billion

Nickie Louise Posted On September 27, 2022

Sam Bankman Fried-owned crypto exchange FTX is set to buy Voyager Digital’s assets after winning a bankruptcy auction. The embattled Voyager Digital said announced that FTX has won its assets in a $1.42-billion bid at an auction. FTX’s bid was valued at nearly […]

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Wasabi becomes a unicorn with $250M funding to usher in a new era of cloud storage and take on Amazon S3

Nickie Louise Posted On September 27, 2022

Hot cloud storage startup Wasabi Technologies is the newest to attain the highly unicorn status after closing a new financing round. Today, Wasabi announced it has closed $250 million at over $1.1 billion valuation, making it the latest member of the highly […]

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Blockchain / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

The US approves Geeq’s security and scalability patents

Nickie Louise Posted On September 27, 2022

In 1991, scientists Stuart Haber and Scott Stornetta described for the first time a cryptographically secured chain of blocks. Then in 1998, Satoshi Nakamoto released a white paper establishing the model for blockchain technology, which now serves as the underlying technology behind […]

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Auros partners with Pyth Network to deliver high frequency on-chain data

Daniel Levi Posted On September 27, 2022

Algorithmic trading and market-making tech startup Auros has partnered with the Pyth Network to deliver real-time, high-frequency data on-chain. Built on Solana, Pyth is a next-generation oracle platform that delivers real-time on-chain market data. It is designed to provide trusted and […]

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Medical News / Research / Startup Spotlight / Technology News

Traces of mRNA vaccine found in the breast milk of lactating women, a new JAMA Pediatrics study found

Daniel Levi Posted On September 26, 2022

A new study published today by JAMA Pediatrics found that “trace amounts of COVID19 vaccine mRNAs were detected in the breast milk of some lactating women.” The organization said that “caution is warranted regarding breastfeeding infants younger than six months in […]

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FinTech / Technology News

The British pound is almost at parity with the US dollar, crashes to a record low of $1.04 for the first time since 1985

Daniel Levi Posted On September 26, 2022

European startups continue to face headwinds on multiple fronts as the energy crisis coupled with foreign exchange rates make them less competitive than their American counterparts. As of July, British tech startups were not impacted by the fluctuation in the […]

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Checkmate bags $5 million in Seed funding to help you discover great deals from popular brands

Nickie Louise Posted On September 26, 2022

In 2021, PayPal bought the shopping and rewards startup Honey for $4 billion. Honey was created to help consumers save time and money. As of the time of the acquisition, Honey had over 10 million users worldwide to shop in over […]

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Featured / Startup Spotlight / Technology News

Apple starts production of iPhone 14 in India, marking a big shift in its manufacturing strategy

Daniel Levi Posted On September 26, 2022

With the looming war between China and Taiwan, Apple is shifting its manufacturing strategy and decided to start producing its flagship iPhone 14 in India. The tech giant has been producing iPhones in India since 2017 but they were usually […]

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Agriculture / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

London-based crop monitoring startup PlanetWatchers raises $11M to support crop insurers and drive its expansion plans

Nickie Louise Posted On September 26, 2022

We covered PlanetWatchers In June 2021 after the London-based geospatial intelligence startup raised $3.5 million in Series A funding to provide Analytics as a Service (AaaS) to the crop insurance industry. The round was co-led by Seraphim Capital and Creative Ventures, […]

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Cloud gaming tech startup Well-Link lands $40M in Round-B2 financing led by Singapore’s Temasek

Nickie Louise Posted On September 26, 2022

Well-link Technologies, a Chinese cloud gaming service provider, announced Monday it had raised $40 million in an early-stage or B2 funding round led by Singapore state investment firm Temasek. Temasek also confirmed the deal in an email. Despite the difficulties faced by Chinese startups […]

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