Good morning! Here are some of the top tech startup news stories for today, Wednesday, October 31. London-based app-only bank Monzo reaches unicorn startup status with $1.3B Valuation after raising £85 million Series. Monzo Bank (previously Mondo), a United Kingdom-based digital and mobile-only […]
omni:us, an artificial intelligence startup that enables the insurance industry to transform radically and adapt to today’s customer expectations, has closed Series A funding round, bringing its total funding to date to $22.5 million. The round was led by Berlin-headquartered VC firm […]
REBEL, a Brazilian fintech startup with a focus on online credit for the middle class, has $4 million a Series A funding round to further invest in its proprietary technology platform and product development, as well as to grow its customer […]
Good morning! Here are some of the top tech startup news stories for today, Tuesday, October 30. Go-Jek secures commitment of US$1.2 billion. In a show of trust in Indonesian ride-hailing’s performance, Google, Tencent, and JD are doubling down their investments […]
Did you know smoking is the leading cause of preventable illness and death worldwide? Smoking kills 500,000 people in the U.S. each year and more than six million globally. Smokers cost their employers more than $7,000 annually, per person, in excess […]
Computation-driven biotech startup XtalPi continues to reinvent the pharmaceutical industry’s approach to drug research and development with its Intelligent Digital Drug Discovery and Development (ID4) platform. We covered the 4-year old startup back in January when it raised $15 million in Series B […]
Vezt, the first blockchain-based mobile app where music fans can acquire rights in their favorite songs and recordings, has launched its Blockchain Music Royalty Sharing App in the Apple App Store and Google Play Store. Vezt is part of Digital Asset Monetary Network, […]
We wrote about LawGeex back in April when the Tel Aviv, Israel-based artificial intelligence and Software as a Service (SaaS) platform startup raised $12 million in funding to disrupt the $700 billion legal services market. The startup uses AI to remove the […]
Singapore-based ride-hailing Grab has raised $200 million funding from Booking Holdings, the parent company of Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. The two companies announced a strategic partnership today. The investment is part of a $3-billion ongoing funding round that […]
Good morning! Here are some of the top tech startup news stories for today, Monday, October 29. British ad startup LoopMe raises $17 million as investors jump into AI. In the latest show of growing investors’ interest in the artificial […]
IBM announced Sunday that its acquiring the world’s leading provider of open source cloud software Red Hat for $34 billion. The acquisition will completely changing the cloud landscape and make IBM the world’s number cloud provider. The two companies reached […]
On September 28, we reported that China’s news-aggregation app Bytedance was seeking to raise $3 billion from SoftBank Group Corp. and private-equity firm KKR & Co at $75 billion valuation. This morning, Bytedance, the owner of popular karaoke video app TikTok […]
With the autonomous vehicle market expected to reach US$80 billion by 2035, LiDAR — the sensor technology that allows self-driving cars to efficiently detect and measure the objects on the road around them — is essential for reliable, safe Level […]
Good morning! Here are some of the top tech startup news stories for today, Friday, October 26. Innovusion raises $30 million in Series A Round and starts shipping the world’s first image-grade LiDAR system for autonomous vehicles. China’s NIO co-led a […]
Amazon Web Services, Inc. (AWS) announced today that it will open an infrastructure region in South Africa in the first half of 2020. The new AWS Africa (Cape Town) Region will consist of three Availability Zones. Currently, AWS provides 55 […]
DataRobot, a provider of an AI-driven enterprise automated machine learning platform that empowers users to develop and deploy machine learning and AI faster, has raised $100 million in Series D funding to address the demand for its proven approach to automating data […]
According to the national bike registry, over 1.5 million bicycles are stolen every year, and the number does not seem to be decreasing. With concern for greener forms of transportation rising, bicycles have become an affordable alternative for many commuters. […]
Good morning! Here are some of the top tech startup news stories for today, Thursday, October 25. Tesla plans to roll out a ride-hailing service that will be in direct competition with Uber and Lyft. Tesla is taking on Uber […]
The global artificial intelligence chip market continues with no sign of cooling down. According to a recent report published by Allied Market Research, the global artificial intelligence chip market is projected to reach $91.19 billion by 2025 from $4.52 billion […]
Counterfeiting is a global menace and according to research, counterfeit-induced losses amounted to $323 billion in 2017. The rise of e-commerce has compounded the already huge problem. Customers are looking towards e-commerce platforms to offer authentic products, but many platforms […]