Erasca, a San Diego, Californa-based biotech startup that has its mission embedded in its name (erase cancer), today announced it has closed an additional $36 million of its Series B funding round to finance the clinical development of multiple promising […]
The global powered exoskeleton market is expected to exceed $11.5 billion by 2030 with full-body, powered industrial exoskeletons comprising almost 50% of that amount, according to research firm ABI Research. Sarcos Robotics is a Salt Lake City, Utah-based robotics startup that develops […]
The last time we wrote about Wirecard was back in April 2019 after SoftBank invested $1 billion for a 6% stake in the German payments startup. Fast forward a year later, Wirecard collapsed and filed for bankruptcy in June after revealing […]
In May 2019, U.S. federal officials finally revealed that roughly 12 metric tons of surplus plutonium is being stored at the Savannah River Site. The revelation puts an end to a nagging question that has long been the subject of […]
On August 20, Tesla closed above $2,000 for the first time valuing the company at $373.06 billion. 12 days earlier, Tesla announced a 5-for-1 stock split, which takes effect today. Today, Apple also announced its stock split. Apple split its stock 4-for-1, while […]
Amazon on Monday announced it has received approval from the Federal Aviation Administration (FAA) to operate its fleet of Prime Air delivery drones. In an announcement on Monday, the FAA said the approval will give Amazon broad privileges to “safely […]
Air taxis are no longer the things you see in fiction movies. Welcome to the future of flying cars. Japan’s drone and robotic startup SkyDrive becomes the first company to demonstrate the first successful test flight of a flying car […]
We’ve been following Gilead’s remdesivir (sold under drug name Veklury) for over five months now. In April, Remdesivir’s study was touted by Dr. Anthony Fauci as a smashing success. Gilead’s stock also soared after the news. A lot has changed since […]
Pyramid Biosciences, a Boston-based biotech startup developing new precision therapies focused on the modulation of cell surface receptors, today announced it has raised $28 million in funding to accelerate the growth of Pyramid Biosciences’ programs focused on novel tropomyosin receptor […]
We covered Expense Robot back in March after their seed-round-announcement when the Swiss fintech startup raised $1.79 million to automate expense and business credit card processing using AI. A lot has changed since then. In an email to TechStartup early this […]
The United States now has at least 6,157,483 confirmed cases of coronavirus with over 187,000 deaths reported, according to data compiled by Johns Hopkins University. As part of its effort to slow the spread of coronavirus in the United States, the […]
The U.S. Centers for Disease Control and Prevention (CDC) recently updated its provisional death counts for reporting period 2/1/2020 through 8/22/2020. According to the stats, CDC said that only 6% of the 153,504 US deaths are related to COVID-19 only. […]
Thousands of anti-mask, anti-lockdown protesters turn out in Europe’s big cities including Berlin and London to protest against government coronavirus measures. According to German newspaper Deutsche Welle, German authorities estimate that some 38,000 people took part in a march that split into […]
It’s August, we’re more than halfway into the year. With coronavirus continuing to wreak havoc and disruption around the world, 2020 has been a year of chaos, pandemic, and uncertainties. But that does not mean that the technology sector remains standstill. […]
Earlier today, Elon Musk presented a live demo of Neuralink V0.9 that shows a brain-machine interface in action. During the press conference, the Neuralink team showcased a future technology that could help people deal with brain or spinal cord injuries or controlling 3D […]
A little over a year ago, Elon Musk announced his new ambitious project called Neuralink that seeks to connect human brains to a computer. Neuralink is a product that can make anyone superhuman by connecting their brains to a computer. Musk […]
It’s on! As the battle rages on between Apple and Fortnite maker Epic Games, Apple announced just an hour ago that it has suspended the Epic Games’App Store account. Apple’s action follows a temporary restraining order on Monday evening, in which a […]
At the time when most college students are busy dividing their time between studying and partying, Ioanna Angelidaki and John Tsioris were busy working on their startup. The two Greek partners co-founded InstaShop, a hyperlocal grocery app, and an online marketplace for supermarkets, […]
Movano is a stealth mode San Francisco Bay Area digital health startup that transforms glucose monitoring with its non-invasive wearable technology. Today, Movano announced it has closed its bridge round at $12.5 million to expand both internal and external testing efforts. The capital will […]
Boeing today donated $10.6 million to a group of 20 nonprofits working to address racial equity and social justice in the United States. The funding package is part of the company’s previously announced multi-year commitment that includes a mix of […]