Recursion, a Salt Lake City-based biotech startup using artificial intelligence technology for drug discovery, today announced that it has raised $239 million in equity financing to advance technology-enabled drug discovery platform and pipeline. The oversubscribed financing, which brings the total funding for the 7-year-old […]
As competition grows and China’s economy slows, China’s search giant Baidu has lost more ground to its bigger online rivals Alibaba and Tencent. Over the past few years, Baidu has been trying to expand into new areas from driverless cars to health […]
While everyone’s busy talking about Tesla’s dominance in China, it turns out Tesla Model 3 isn’t Chinese’s top selling electric vehicle (EV)– it’s a GM vehicle. Wuling Hong Guang is a mini EV developed by a General Motors’ local Chinese joint […]
As a critical first step to achieve its goals to accelerate safe and sustainable lunar exploration, NASA today announced it is looking to pay companies to collect dirt or rocks on the Moon within the next four years. NASA administrator Jim Bridenstine made […]
Sharpen Technologies, an Indianapolis, Indiana-based tech startup, and developer of a cloud-native platform for contact center agents, today announced it has raised $12 million in capital growth funding. The round, which brings the total amount raised by Sharpen to over $40 million, […]
Science Applications International Corp. (NYSE: SAIC) announced today that its employees and the company have donated approximately $3.5 million in aid to assist communities and colleagues impacted by COVID-19. Across various efforts throughout the nation, SAIC and employees have supported […]
While most people are blaming the Chinese government for the spread of coronavirus around the world, the United Nations says China is not to blame. According to the United Nations, the coronavirus pandemic was caused by millennia of patriarchy, and we all […]
The global pandemic has accelerated the shift to remote work as many U.S. businesses give teams the freedom and space to choose where they work from, ensuring safety while also improving quality of life and operational costs. Without the need […]
Many young people face significant barriers, especially when it comes to secondary education, which is crucial for employment, well-being, and citizenship. Ongoing support and investment in education, such as funding of learning supplies and establishing measures for inclusion or removing […]
Progress, an enterprise software provider, today announced plans to acquire Seattle-based software automation platform Chef for $220 million in cash. Progress said the acquisition will help the company to extend its product offerings in DevOps and DevSecOps with market-leading infrastructure automation. The […]
AstraZeneca has put on hold the late-stage (phase three) trials of its vaccine to investigate a “potentially unexplained illness” in one of the participants, the pharmaceutical giant announced yesterday. The vaccine, which is currently being developed in collaboration with the […]
The last time we wrote about Xometry was back in July when the Maryland-based On-demand manufacturing marketplace startup launched a 2D technical drawings marketplace. Xometry is changing the way you order custom parts with custom manufacturing on-demand services for 3D printing, CNC […]
Grand Rounds, a San Francisco-based digital healthtech startup that provides quality care and clinical navigation by partnering with more than 130 companies, today announced it has secured a $175 million round led by investment funds affiliated with global investment firm The Carlyle […]
Small and medium-sized businesses (SMBs) have been especially badly affected by the events of 2020, making the new release by business management app vcita particularly timely. Announced last week, Packages is a service that enables SMBs to better highlight, bundle, […]
After many months of rumors and leaks, Microsoft finally confirmed Tuesday that it is set to launch a smaller, cheaper version of its upcoming next-generation console. In a Twitter post from the company’s Xbox account, Microsoft teased the new device, […]
Early this month, we wrote about Google after the tech giant launched its first accelerator for women-led tech startups with a focus on women founders in the United States and Canada. The program is part of Google’s effort to help female founders build […]
Superhero Capital, a Helsinki, Finland-based venture capital firm today announced the first close of its $39.1 million (€30M) second fund at €30M to invest in early-stage startups in Finland and the Baltics. The fund, which targets startups that create competitive advantages by […]
3D printing technology poses a “grave and growing threat” to individual privacy because of the potential for products to reveal private information about individuals, experts have warned. People could use cameras, laptops, or mobile phones to track and trace the origins […]
ClinSpec Diagnostics (ClinSpec Dx), a Glasgow-based tech startup with a mission to improve the early detection of cancer, today announced it has raised $3.2 million (£2.4 million) to support the further development of innovative testing technology. The round, which brings the company’s […]
In the UK, the mobility market is already valued in the billions of pounds, and across the world is predicted to be worth around £256 billion by 2025. The global connected vehicle data sector is set to be worth around […]
