Ride-hailing giant Uber is buying a majority ownership stake in Latin America grocery delivery startup Cornershop. The startup currently operates in Chile, Mexico, Peru and Toronto. The financial term of the deal was not disclosed. The deal, expected to close […]
Facebook Libra was first announced on June 18th as a game-changing cryptocurrency that will upend the US dollars. Now, in a blow to Facebook, five more corporate backers, Visa, Mastercard, Stripe, eBay and Mercado Pago joined PayPal in announcing they […]
Avant Global, an active Venture Capital investor for the last decade, primarily focused in Seed to Series A financing rounds, announced a partnership with White Field Capital Partners (“WFCP”) to launch a $200 Million private equity growth fund. White Field AG Growth […]
“Study the Great Nation” or “Xuexi Qiangguo,” a Chinese app pushing Chinese leader Xi Jinping’s ideology, has flaws that could potentially allow Beijing to control hundreds of millions of users’ smartphone, according to analysis of the the app by a German […]
Good morning! Below are some of the top tech startup news for today, Monday, October 14, 2019. WeWork opens new locations at breakneck speed despite cash-burn concerns. In an effort to generate new revenue, real estate startup WeWork has opened […]
UAVenture Capital Fund, a venture capital fund designed to commercialize University of Arizona Science, Technology, Services and Products, has invested in three startups developing specialized lasers. The total amounts of the investments were not disclosed. UAVenture Capital co-founder and CEO Fletcher […]
Cell therapy development and manufacturing is estimated to represent a $30 billion USD market opportunity and is rapidly growing (CAGR +30%). Mogrify is a UK-based biotech startup aiming to transform the development of life-saving cell therapies. The Company has developed a […]
Today, the Mobility Open Blockchain Initiative (MOBI) announced it’s working with BMW, Ford, GM, Groupe Renault, Honda, and other major automakers to develop a multi-stakeholder Proof of Concept (PoC) for a blockchain-based Vehicle Identity (VID). In September, MOBI members launched […]
The Esports and Digital Sports sector is $200 billion and continues to grow. In 2018, global revenues in the Games, Esports and Digital Sports sectors exceeded those in music, video and Hollywood combined and the UK/EU is a leading creator of the […]
This is a special post from Hewlett Packard Labs, a powerful innovation engine for Hewlett Packard Enterprise (HPE). Hewlett Packard Labs helps customers and address everything from IT trends to complex consumer and social challenges If you haven’t explored what AI […]
CB Insights, a research firm that predicts technology trends, has mapped out the top-funded tech startup in every European country, including unicorns like Sweden’s Klarna and Spain’s Cabify. Using its data, CB Insights identified the most well-funded VC-backed tech startup in each country […]
The news about the damaging effects of e-cigarette vaping has been making the headlines over the past couple of months. Today, the U.S. Centers for Disease Control and Prevention (CDC) made a new shocking revelation. CDC officials said almost all patients […]
Happy Friday! Over the past twenty years, we witnessed explosion and advances in technology ranging from artificial intelligence, information technology to robotics. However, often overlooked are simple inventions that changed the way live today. The World Economic Forum has put […]
Club Factory, a China-based fashion, beauty and lifestyle e-commerce store, has raised $100 million in a Series D round of financing to expand its platform by adding more sellers and enhance data technology capability in India. The round was led by leading venture […]
The current modes of transportation are not sustainable and do not match up with rapidly changing consumer preferences. To address the increasing customers’ demand, French aviation giant Airbus announced it’s joining forces with LM Industries on Neorizon, a new startup joint venture […]
Japan’s biggest automaker Toyota is revamping and transforming its Mirai hydrogen sedan car in an attempt to revive the anemic sales, boost demand and take on its competitor, Tesla. Just before the Tokyo Motor Show that starts on October 24, Toyota […]
Back in August, we wrote about cashierless checkout startup Standard Cognition when the company raised $35 million in funding to accelerate growth. Now, Standard announced it has acquired the assets of DeepMagic, a New York-based startup focused on unattended, automated retail. […]
Lattice, a SaaS startup that helps people leaders build high-performing teams by equipping managers with tools to drive growth and productivity through continuous performance management, has closed $25 million in Series C funding to further accelerate its growth and invest […]
Good evening! Below are some of the top tech startup news for today, Thursday, October 10, 2019. Grammarly raises $90 million in financing to advance its technology. Grammarly, a digital writing assistant startup that helps more than 20 million people […]
China is now leading the world in mobile payments and it has become a key piece of infrastructure in China’s development of new economy. The cross-border payment companies founded and operated by Chinese teams, who are able to achieve higher […]