Kim Beom-seok, also known as Kim Bom, was born in Seoul, South Korea. Just like all immigrants chasing the American dream, Kim left South Korea with his parent at the age of 7. At age 13, he went to boarding school […]
Statista predicts that total global e-commerce sales will reach $6.5 trillion by 2023, with cross-border purchases projected to account for 22 percent of total e-commerce worldwide. Yet brands and retailers still struggle to offer customers a shopping experience that feels […]
Did anyone notice that Tesla’s Cybertruck does not have windshield wipers? We will answer that question later. Anyway, a little history of wipers. The first windshield wipers were invented in 1903 by J. H. Apjohn. The wiper had two moving […]
Sequoia Capital, a Silicon Valley VC heavyweight that is focused on energy, financial, enterprise, healthcare, internet, and mobile startups, has closed $3.35 billion to invest in U.S. and Chinese startups. The new funding was revealed as part of amendments to prior disclosures by […]
Good morning! Below are some of the top tech startup news for today, Wednesday, December 4, 2019. Kustomer scores $60M in Series E funding to accelerate its global footprint. Kustomer, a NYC-based SaaS enterprise customer service platform, raised $60m in Series […]
Applied Systems, a provider of insurance software in agency management systems, announced it’s acquiring Indio Technologies, a workflow management platform for P&C insurance applications and renewals. The deal aims to accelerate digitization in the insurance industry, which will provide customers with a […]
With over 300 million users worldwide, Duolingo is currently the most popular language-learning platform and the most downloaded education app worldwide. Today, the edtech startup announced it has closed a $30 million Series F funding round for continued investment into the research […]
In observance of Giving Tuesday, Boeing, the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services, today announced a 2019 charitable grants package totaling more than $48 million. The grants will support […]
Loyal Valley Capital (LVC), a private equity firm that invests in middle market companies in China, announced yesterday that it has closed $465 million for Loyal Valley Capital Advantage Fund II LP (“LVC USD Fund II”). The funding includes $440 millions […]
Imagine if you could create the Hydrogen Economy out of waste greenhouse gas emissions. That’s exactly what ReCarbon, a Silicon Valley greentech startup, is doing. ReCarbon is turning greenhouse gases into hydrogen, and syngas. Yesterday, ReCarbon announced it has secured $7 million […]
Venous reflux disease, also known as chronic venous insufficiency (CVI). CVI is a progressive medical condition affecting more than 40 million adults in the United States alone. Venclose is a Silicon Valley medical technology startup developing next-generation solutions for the […]
Move over Intel Corp and Advanced Micro Devices Inc. Amazon, the tech giant that is already dominating other markets, is about to make its foray into microprocessor design and upend many decades of domination by the two major market leaders. […]
Ending an era at the world’s biggest Internet’s search company, Google co-founders Sergey Brin and Larry Page are both leaving their leadership roles at Alphabet and CEO Sundar Pichai will become chief executive of both Google and its parent company, […]
We’ve written about Xometry before, which you can check out here. The Maryland-based Xometry is the world’s largest marketplace for On-Demand manufacturing. Today, Xometry announced it has acquired Munich-based Shift, the largest On-Demand manufacturing marketplace in Europe. Through the acquisition, Xometry will […]
Good morning! Below are some of the top tech startup news for today, Tuesday, December 3, 2019. SoftBank leads $100 million funding round in Mexico’s fintech startup Konfio. Today, Mexico’s fintech startup Konfio announced it has raised $100 million funding led by SoftBank. This […]
Softbank is on fire. The third quarter lackluster performance result did nothing to stop the Japanese giant from investing in high performance startups. Today, Mexico’s fintech startup Konfio announced it has raised $100 million funding led by SoftBank. This is Konfio’s fourth […]
Gong, a U.S.-Israeli startup that develops speech recognition technology that provides sales representatives with real-time insights into their interactions with customers by analyzing recorded phone calls, announced today it has raised $65 million investment to grow its Sales Conversation Analytics platform. The […]
Accel Robotics, a robotics and AI startup that develops a camera-based AI and computer vision system to enable shoppers to have checkout-free shopping experiences, has raised $30 million Series A funding to accelerate its expansion worldwide by growing operations, increasing manufacturing capacity, […]
Today Apple revealed the best apps and games and the most powerful trends that drove app culture in 2019. Apps help simplify our lives and express our creativity, connect us to friends, family and the world beyond, and of course, […]
Last year alone, about 8 million patients in the United States underwent brain MR scans. However, patient movement during the procedure has invalidated just under 20% of those scans, costing up to $4 billion in unnecessary costs while also posing […]