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 […]
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 […]
PeerNova, a Silicon Valley fintech startup building a real-time frictionless financial markets through trust and transparency, has raised $31M in growth funding to increase market penetration, and extend the functionality and use cases of our Cuneiform Platform. The round was led by an […]
Roku is buying demand-side platform started by MIT alumnus Dataxu for $150 million in cash and stock. The Boston-based Dataxu’s platform that lets marketers plan and buy video ad campaigns.The deal is expected to close by the end of the year. Roku […]
Social giant Facebook is currently under multistate investigations for potential violations of antitrust law. Today, the New York State Attorney General Letitia James announced Tuesday that 47 attorneys general from states and U.S. territories plan to take part in a […]
Good morning! Below are some of the top tech startup news for today, Tuesday, October 22, 2019. Drone startup Zipline testing medical supply drones with US military. Drone tech startup company Zipline, which already delivers emergency medical supplies in Rwanda and […]
We’ve been following WeWork saga for about three weeks now. Just as we reported yesterday, WeWork’s board of directors finally accepted a takeover bid from investor SoftBank, handing control of the real estate unicorn startup to the Japanese giant, according to […]
MarginEdge, a tech startup that develops food and beverage tracking and analytics, has secured $5 million in Series A funding to continue developing its restaurant platform and accelerate efforts to expand geographically and through new partnerships. The round was led by Osage […]
This week, the Silicon Valley startup unicorn club welcomes its new member. Instabase, the platform company for business applications, just raised $105 million in Series B funding at $1.05 billion valuation, making it a unicorn. The round was led by Index Ventures, with […]
Bayzat, the United Arab Emirates (UAE)-based tech startup that provides insurance and HR software solutions, has raised $16 million in Series B funding to provide companies with a free platform to manage HR, payroll and benefits. The funding round was led […]
Voice recognition technologies have been around for almost seventy years. The earliest voice recognition technologies called Audrey system, was built by Bell Labs in 1952. It was considered to be the first speech recognition device, which recognized only ten digits […]
As CB Insights wrote in one of its newsletters, startup valuation means very little. Not so long ago, unicorn startup WeWork was once valued at $47 billion. The startup then went from the massive valuation to failed IPO. Just when we […]
Athena Home Loans, an Australian fintech startup that offers refinancing for home loans, has closed $70 million Series C round to fund its expansion into home loans. The round was led by existing investors Square Peg Capital, AirTree Ventures and Hostplus. AustralianSuper also came […]
