Tesla is planning to build 500,000 electric vehicles a year at its new Tesla Gigafactory Europe (Gigafactory 4) factory Grünheide, near Berlin, Germany, according to reports from Germany’s Bild and Frankfurter Allgemeine Zeitung newspapers on Wednesday. The campus is 20 miles south-east of central […]
UK’s competition regulator says Amazon’s investment in Deliveroo “raises serious competition concerns.” Back in May 2019, Amazon led a $575 million Series G round in Deliveroo, bringing the total round to $1.35 billion raised till date. However, phase on the completion […]
Below are some of the top tech startup news for today, Tuesday, December 10, 2019. Fertility startup Celmatix sues former business partner 23andMe for $100 million in damages. In a lawsuit filed on Monday, Celmatix is suing 23andMe, its former […]
Genetic testing startup 23andMe is getting sued for over $100 million in damages by fertility startup Celmatix, a former business partner that it began working with in 2015. Celmatix filed a legal complaint in the New York State Supreme Court for New […]
The new Apple Mac Pro desktop computer is taking the internet by storm. The Mac Pro, released Tuesday, comes with all the bells and whistles, with price north of $50,000. The new machine, built in Austin, Texas after Apple got tariff […]
The voice analytics market size is expected to grow from $657 million in 2019 to $1.6 billion by 2024. Artificial intelligence is going to play a major role in transforming this vertical. Observe.AI is a customer service voice analytics startup that […]
GOSU.AI, the AI-driven videogame coach, has just announced its most recent funding round of $2.8 million for the world’s first voice assistant that helps players get better at playing League of Legends. The news comes a week after GOSU.AI announced a new AI-based […]
We wrote about Aura back in October when the fintech startup secured $130 million credit facility to provide affordable loans to hard-working Americans. Today, Aura announced it has reached a new milestone with disbursement of 500,000th loan to needy families across […]
It all started with an investigation by the Verge, in which a number of former employees described a ‘toxic’ environment at the popular online luggage retailer, Away Travel. Today, Away confirmed the resignation of its chief executive, Steph Korey, and the […]
On January 9, 2007, Steve Jobs announced the first iPhone at the Macworld convention. The first iPhone was later released on June 29, 2007. The iPhone is arguably revolutionary and has transformed the way we live today. iPhone form factor […]
Passport, a fintech startup transforming the way cities manage their operations by reducing operational complexity and delivering intelligent data, has closed a $65 million Series D funding to grow its mobility software platform and expanding the mobility ecosystem to enable digital […]
Perceptive Advisors, an investment management firm focused in life sciences, has closed $210 for its inaugural venture capital fund, the Perceptive Xontogeny Venture Fund, LP (the “PXV Fund”), solely focused on investment in early-stage life science companies. The PXV Fund will be […]
I don’t know about you, but here in the United States, healthcare costs are skyrocketing with very little to show for it. In some cases, families have to choose between paying for their healthcare and feeding their children. In 2017 […]
“Peloton girl” ad is taking the internet by storm. Everyone is talking about the Peloton’s fitness bike ad that went viral for all the wrong reasons. Since launch in November, people have been obsessed with Peloton’s stationary-bike advertisement showing a woman […]
About two years ago, we wrote about Wag Labs when the dog-walking app mistakenly exposed home addresses and lockbox codes of its users. The startup has gone through many ups and downs since then. Now, Japanese giant SoftBank, is selling […]
Zeus Living (Zeus), the San Francisco-based home decor startup that provides furnished homes for modern professionals, has raised $55 million in Series B funding to grow its portfolio of furnished homes for stays of 30 days or longer, and deepen its technology platform […]
Sterling Partners’ Education Opportunity Fund (EOF) announced today it is rebranding as Avathon Capital to better communicate its vision and investment approach. In conjunction with rebranding, the company also announced it has doubled its assets under management to $404 million […]
Let the blame game begins. In a heavily redacted, 103-page document made public on Monday, Amazon Web Services (AWS), a subsidiary of Amazon, is laying the blame on U.S. President Trump for losing the JEDI (Joint Enterprise Defense Infrastructure) contract to its […]
Good morning! Below are some of the top tech startup news for today, Monday, December 9, 2019. Amazon is blaming President Trump for losing $10 billion JEDI cloud contract to Microsoft. Let the blame game begins. Amazon Web Services (AWS), […]
Centana Growth Partners, a growth equity firm focused on the future of financial services, has closed $375 million for its second fund, Centana Growth Partners II, L.P. (“Fund II”) to expand its investments in innovative, high-growth companies across the financial services ecosystem. […]