Cruise Automation, a subsidiary of General Motors and a developer of driverless vehicles, today unveiled a new vehicle that it designed to operate without a driver on-board in San Francisco. The all-electric minivan does not feature manual controls such as pedals […]
Incline Equity Partners, a private equity firm investing in specialized light manufacturing, value-added distribution and business services companies, has closed with $1.2 billion of capital in funding for its latest private equity fund, Incline Equity Partners Fund V. The fund was oversubscribed above […]
In the last quarter of 2019, Uber reported it lost $1.1 billion. Now the company is doing everything to be profitable, including cutting losses from unprofitable business units and moving on. According to a report from Reuters, Uber sold its loss-making […]
Good morning! Below are the top tech startups news for today, Tuesday, January 21, 2020. Facebook is hiring 1,000 people to accelerate growth in the U.K. Facebook will hire 1,000 people in London this year in roles such as product development […]
MassMutual Ventures Holding, a return-focused corporate venture capital firm investing in seed to growth stage companies, today announced the launch of its second fund of $100 million for Southeast Asia, bringing its total capital under management to USD $350 million […]
With Google dominating the search engine space, you may be wondering why we need another search engine. However, giving the well-known privacy issues with Google and a couple of other major search engines like Bing and Yahoo, people are beginning […]
J.P. Morgan today announced the creation of the J.P. Morgan Development Finance Institution (DFI) to expand its development-oriented financing activities in emerging markets. In consultation with leading development institutions, J.P. Morgan has created rules-based criteria to help identify business activities […]
Applica, an artificial intelligence startup that help companies to extract actionable information from unstructured and semi-structured documents using its proprietary AI platform, announced today it has closed undisclosed amount in Series A funding round led by Cogito Capital Partners, with participation of […]
The Internet of Things (IoT) is here, and it’s rapidly expanding. The idea to connect every imaginable object to the internet has been the dream of many companies. But, it comes with many challenges including connecting objects in locations with […]
You may not have heard of Personio, but it’s a major human resources, recruiting and payroll platform making waves across Europe, digitising the HR departments of almost 2,000 SME customers in more than 40 countries. Personio is a cloud-based HR management and […]
Millions of farmers around the world depend on about 270 million dairy cows to produce milk. However, dairy cows produce the manure, ammonia, methane, and nitrous oxide that are negatively impacting the climate, according to data from World Wide Life […]
Last week, Amazon CEO Jeff Bezos visited India and pledged to invest $1 billion as part of the company’s effort to curb climate change. Today, Bezos announced in a Twitter video, which shows a full fleet of electric rickshaws that will […]
Soft Robotics, a robotic automation startup for the factory of the future, has raised $23M Series B financing to accelerate growth and drive international expansion in core packaging and manufacturing markets. The round was co-led by Calibrate Ventures and Material Impact and includes […]
OnPay, an Atlanta, Georgia-based fintech startup and a provider of payroll services to small businesses and accountants, today announced it has raised $6 million in series A funding for product development, growing its team, expanding its marketing efforts, and further […]
Dahir Insaat, an Istanbul, Turkey-based tech startup founded by Russian engineer and inventor Dahir Semenov. The company is known for its futuristic design concepts, including concepts for large quadcopters, automation, and prefabrication. Dubbed “Elon Musk of Russia,” Semenov Dahir has developed many concept […]
Despite marked progress on reducing poverty over the past decades, nearly half of the world’s population lives on less than $5.50 a day. Catalyst Fund is a new venture fund on a mission to address the issue head-on. The fund was created […]
AlturaSolutions, a Chicago, IL-base B2B public relations and communications firm, is launching a new marketing service beginning in 2020 called “The Brand Accelerator Program.” The new program combines a range of services designed to enhance brand exposure quickly, helping many […]
GZA GeoEnvironmental, a leading multi-disciplinary firm providing geotechnical, environmental, ecological, water, and construction management services, today announced the acquisition of Vieau Associates Inc. (Vieau), strengthening GZA’s position as a premier provider of environmental services throughout the Midwest and nationally. Founded […]
In Africa, only 3 million jobs are created every year when at least 20 to 30 million jobs will be needed to absorb its fast growing labor force in the coming years. In this context, unlocking entrepreneurship is a critical lever to […]
Canalyst, a Vancouver, Canada-based fintech startup with focused on modernizing equity research for fundamental investors, has closed a $20 million Series B financing to accelerate market expansion. The round was led by a strategic investor with participation from ScaleUP Ventures and existing investors […]