L’Oréal, a French personal care company, is investing venture capital firm Cathay Innovation to strengthen the French group’s ties with beauty tech start-ups, particularly in China. In an announcement yesterday, L’Oréal said the strategic investment in Cathay Innovation will be used to strengthen […]
Grafana Labs, the open source tech startup behind the monitoring platform that enables its users to collect, store, and analyze data about their infrastructure, has closed $24 million in Series A funding to further invest in the open source community and accelerate […]
The tech-driven franchise development company, Oakscale, announced today a $1.2 million seed funding round led by angel investors Brett Barna, Timothy Tully, Pen King Jr (Innovating Capital), and Robert Huntington with participation from Horsman Holdings and Liveris Family Office (of […]
It’s been a tumultuous year for cryptocurrency. But that hasn’t stopped Americans from investing. In the last year, the number of Americans who own a cryptocurrency has almost doubled from 7.95% in 2018 to 14.4% in 2019, an increase of […]
NUAIR (Northeast UAS Airspace Integration Research) a New York based nonprofit organization that provides unsurpassed expertise in unmanned aircraft systems (UAS) operations, has named Michael J. Hertzendorf as its new president and CEO. Hertzendorf previously served as NUAIR’s interim CEO, and […]
Peptides are used in various therapies, and are recognized for being highly selective and efficacious as well as relatively safe. The pharma industry has recently shown an increased interest in peptide research and development, leading to a resurgence of peptide […]
Total Expert, a fintech startup that provides first enterprise-grade marketing and customer engagement platform purpose-built for financial services, has raised $52 million in Series C funding to grow its team. The round, which was led by Georgian Partners with participation from Emergence and Rally […]
Total, a French multinational integrated oil and gas company founded in 1924, announced a new global venture fund on fostering carbon neutrality. Known as Total Carbon Neutrality Ventures (TCNV), the fund will increase its capital to a cumulative $400 million within five years’ time. Its […]
AVIA, a healthtech startup and partner for digital health insights, strategic guidance, and consulting services, has raised $22 million to enables AVIA to expand its coverage of new digital topical areas, services and markets. The round was led by First […]
Viz.ai, a healthtech startup and developer of the first synchronized healthcare software (Viz) using artificial intelligence (AI), has raised $50 million Series B funding to expand the benefits of Synchronized Care to more disease states and geographies, democratizing the quality of health […]
Distributed Solar Development (DSD), a solar tech startup spun off from General Electric this past summer, has closed $250 million fund to support projected solar growth next year. The investment was financed by Morgan Stanley, Silicon Valley Bank and Fifth Third Bank to […]
The soon-to-be-launched Apple TV streaming service could become a $9 billion-per-year business by 2025, according to a report from CNBC, citing an estimate from Morgan Stanley analyst. The Apple TV+ is a streaming service is schedule to launch in November […]
We’ve been reporting about WeWork for about a month now. Today, WeWork announced it has secured a $5 billion funding from SoftBank Group with Japanese giant taking control of the company. As part of the funding agreement, SoftBank will take 80% ownership […]
Good morning! Below are some of the top tech startup news for today, Wednesday, October 23, 2019. Google claims its quantum computer solved a 10,000-year problem in seconds. Today, Google says it has achieved a breakthrough in computer research with is […]
Today, Facebook CEO Mark Zuckerberg testifies before the United States House Financial Services Committee to discuss his plans for the new cryptocurrency Libra. During the hearing, Congress expressed security concerns about Libra. At one point during the testimony, Zuckerber said: ‘I […]
According to Gartner, nearly two-thirds of organizations will be affected by the device densification and the continuous connectivity offered by 5G, driving many enterprises to deploy the next-generation network by as early as 2020. By deploying 5G, enterprises will capitalize […]
Literati, a subscription children’s book service startup, has secured $12 million in new funding o strategically grow the business and also hire new talent in Austin, a city thriving when it comes to growth, culture and innovation. The round was led […]
Logixboard, a freight services tech startup and a digital partner for freight forwarders, has raised $4.2 million seed round to expand its platform and fuel product innovation. The round was led by Social Leverage, with participation from F-Prime Capital, Founders’ Co-op, Techstars […]
Sandbox VR, a virtual reality startup that offers a premium, fully-immersive virtual reality experience, has raised an additional $11 million in strategic funding from Silicon Valley and Hollywood heavyweights led by David Sacks of Craft Ventures and the Andreessen Horowitz Cultural Leadership Fund (a16z).Additional […]
Zipline, a drone-delivery startup today announced it’s testing medical supply drones with US military. Zipline, which already delivers emergency medical supplies in Rwanda and Ghana, is testing drone flights with the U.S. Department of Defense. Between July an September, Zipline partnered with the […]
