TOKYO, January 28, 2020 – Mitsubishi Electric Corporation (TOKYO: 6503) announced today it has developed a compact knowledge representation and reasoning solution designed for deployment in embedded human-machine interfaces. Based on the company’s Maisart®* artificial intelligence (AI) technology, the new development enables edge devices […]
Back in August 2019, we wrote about Joust when the fintech startup raised $2.6 million seed round for the nation’s first banking platform for freelancers, entrepreneurs and the self-employed workers. Today, Joust announced the launch of a new banking app […]
Pecan AI, a Tel Aviv, Israel-based AI startup and a deep learning platform to build deep learning predictive analytics models for deep learning AI, has emerged from stealth with $11 million Series A to automate the entire predictive analytics process using […]
ServiceNow today announced it has signed an agreement to acquire Passage AI, a Mountain View, Calif.-based conversational AI platform company. The total amount of the deal was not disclosed. The transaction will advance ServiceNow’s deep learning AI capabilities and will […]
Following a successful $5.5 million from Barclays, B2B Invoicing and payments company Crowdz, today announced the launching of its private pilot for the world’s first invoice financing marketplace, InvoiceXchange. Businesses accepted into the pilot will have the ability to auction off […]
With increasing adoption of SaaS, more and more burden falls on the enterprise to secure sensitive data. In fact, Gartner predicts that through 2025, 99% of cloud security failures will be the customer’s fault. While cloud providers offer a variety […]
Lynq Technologies, a Brooklyn, New York-based deep-tech startup that connects people and devices across miles without infrastructure, has closed $6 million seed round today. Based in Brooklyn, Lynq uses its decentralized, private and flexible network protocol to change how low-bandwidth data is […]
Upgrade Pack, a U.K. fintech startup that provides the world’s first app providing exclusive, discounted flight and hotel upgrades, has surpassed $6.5 million (£5 million) in seed funding after finalizing a new £1.5m private investment round today. Founded in 2018 […]
loop+, an early stage health technology startup based in Australia developing a pressure and movement tracking device for wheelchair-bound patients, has raised $2 million (AUD $3 million) seed round of funding. The round was led by Yamaha Motor Ventures & Laboratory Silicon Valley […]
Google Docs is not working and down at many locations, according to Down Detector, the website that tracks service disruptions. Thousands of users reported problems with Google Drive and Google Docs itself. Most complaints were raised for Google Drive, with the […]
The demand for AI applications is on the rise. According to Gartner, AI augmentation alone will create $2.9 trillion of business value in 2021. However, there are still many challenges in deploying AI solutions in an effective and scalable way. […]
Good morning! Below are the top tech startups news for today, Monday, January 27, 2020. General Motors (GM) to invest $2.2 billion at Detroit factory to make electric trucks, SUVs. Under intense competition and pressure from Tesla, GM is boosting […]
SuperAwesome, a U.K.-based startup that offers Internet safety tools for kids, today announced it has received new investment from Microsoft’s corporate venture fund M12. The total amount of funding was not disclosed. SuperAwesome, which currently has touchpoints reaching 500 million […]
Currencycloud, a U.K.-based payments startup which sells payment software for banks and fintech firms to process their international transactions, has closed $80 million in a funding round co-led by SAP’s venture arm Sapphire and Visa. Currently operates in Europe and North America, […]
Yogi, an AI startup that provides actionable product insights and helps companies to better understand their customers, has raised $2.3 million in seed funding to expand its deep learning customer feedback analytics platform. The round was led RTP Ventures leading, and Felton Group […]
It’s now global. According to NASA, the smoke from the Australia Fires has now traveled around the entire planet. In the video, which shows the global aerosol distribution from August 2019 until January 2020, one can see several high impact events across the […]
GLS Capital, a private investment firm founded by trio of industry veterans, today announced the closing of $345 million fundraising for its inaugural litigation finance fund, GLS Capital Partners Fund I, LP. The Fund’s diverse institutional investor base includes global financial institutions, […]
Northeast UAS Airspace Integration Research (NUAIR) has partnered with DroneResponders, the world’s fastest growing nonprofit program supporting the use of unmanned aircraft systems (UAS) – commonly referred to as “drones” – by public safety and emergency services professionals. NUAIR has […]
Quench Bio, a biotech startup co-founded by Arix Bioscience and Atlas Venture, has emerged from stealth mode with a total of $50 million in Series A funding. Quench is leveraging new insights into gasdermin biology and innate immunity to develop medicines for […]
In a sign of positive turnaround for the office-sharing startup, WeWork reportedly clinched a 3-year deal to provide office space to 250 employees of gym membership app startup Gympass in New York, according to a report from Reuters, citing people familiar […]