January 13, 2025
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Virtualitics raises $37 million is Series C funding to grow its artificial intelligence and data exploration platform
Nickie Louise Posted On August 10, 2023


While the rest of the tech sector suffers a funding decline, the artificial intelligence (AI) space continues to enjoy massive funding boosts as investors pour billions into generative AI startups following the success of ChatGPT. In the second quarter alone, […]


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Avid Technology to be acquired by STG for $1.4 billion
Nickie Louise Posted On August 10, 2023


After months of anticipation and speculations about the potential acquisition of Avid Technology, the news we’ve been waiting for has finally arrived. Avid Technology, the renowned creator behind Avid Media Composer editors and Pro Tools used by a million creators […]


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Sweet Security raises $12M in seed funding to provide a real-time cloud-native security suite for businesses
Nickie Louise Posted On August 9, 2023


Sweet Security, a Tel Aviv Israel-based cloud security startup, emerged from stealth today with a $12 million seed funding to provide a real-time cloud-native security suite for businesses and help security teams quickly stop cloud workload attacks. Glilot Capital Partners […]


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IBM to launch Meta’s Llama 2 on WatsonX, an enterprise AI platform for businesses
Nickie Louise Posted On August 9, 2023


In early July, International Business Machines (IBM) released a beta version of its new enterprise AI platform designed for businesses. Right after rolling out the beta release, IBM also revealed that disclosed that 150 enterprise clients, among them Citibank, NASA, […]


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WeWork warns of possible bankruptcy: From a $40 billion co-working unicorn startup to ‘going concern’
Nickie Louise Posted On August 8, 2023


It’s been a good two years since we last wrote about WeWork, a once co-working unicorn startup that was valued at a massive $40 billion by SoftBank and has today become an emblem of the Silicon Valley tech bubble. Back […]


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Multiplayer emerges from Stealth with $3M in funding to make it easier for teams to work on distributed software with AI
Nickie Louise Posted On August 7, 2023


For years, development teams have been stuck using outdated or makeshift methods like physical whiteboards or inadequate diagramming tools to collaborate on backend software design. But things are changing. One tech startup is on a mission to transform distributed software development […]


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Education  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Europe’s most valuable EdTech startup GoStudent raises $95M to grow its K12 online learning and tutoring platform
Nickie Louise Posted On August 4, 2023


Despite predictions of disruption by artificial intelligence in the education technology sector, the EdTech market continues to grow with no sign of slowing down. This growth was accelerated by the increased need for in-person learning due to the worldwide pandemic, […]


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Toyota partners with self-driving startup Pony.ai to mass produce robotaxis in China
Nickie Louise Posted On August 4, 2023


It’s been more than a year since our last dive into Pony.ai, a Chinese self-driving tech startup with the audacious goal of overhauling the future of transit by crafting the ultimate autonomous mobility solution. In April 2022, Pony.ai became the […]


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Milan-based mobile app developer Bending Spoons raises new funding from institutional investors, eyes IPO
Nickie Louise Posted On August 3, 2023


Milan-based mobile app developer Bending Spoons announced today it has secured a fresh equity investment from Baillie Gifford, Cox Enterprises, and NB Renaissance. Alongside these new investors, Bending Spoons also received continued support from existing institutional investors, including NUO Capital […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Canadian AI chip tech startup Tenstorrent raises $100 million in funding from Hyundai and Samsung
Nickie Louise Posted On August 3, 2023


The artificial intelligence (AI) frenzy that kicked off with the release of ChatGPT late last year doesn’t seem to be losing steam as investors continue to pour billions of dollars into regenerative AI startups. In the first half of 2023, […]


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Chicago HealthTech startup AMOpportunies closes $2M in funding to expand its network of U.S. hospitals and clinical partners
Nickie Louise Posted On August 2, 2023


In the past few months, headlines have been buzzing with news about artificial intelligence startups securing significant funding, fueled by the success of ventures like ChatGPT. However, this doesn’t mean that investors have shifted their focus entirely. Investors and venture capital […]


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SoftBank-owned British chip design startup Arm eyes September IPO valued at around $70 billion
Nickie Louise Posted On August 2, 2023


In March, there were reports that Arm Ltd, a British chip design firm owned by SoftBank, was considering raising prices for its chip designs. The aim was to increase revenue before their planned initial public offering (IPO) in New York. […]


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Startups shutting down in 2023: Tech startups that closed up shops in Q2 as venture market cools
Nickie Louise Posted On August 1, 2023


It is undeniable that 2023 has been a challenging year for tech startups across the globe. The initial optimism that started at the beginning of this year quickly gave way to a daunting combination of banking defaults and Federal Reserve […]


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Cryptocurrencies are considered securities regardless of how they are sold, federal judge says
Nickie Louise Posted On August 1, 2023


Just last month, Ripple Labs won its case against the U.S. Securities and Exchange Commission (SEC) after a court ruling that Ripple’s XRP sales were not securities under the law. The U.S. judge ruled that the company “did not violate […]


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Amazon to invest $7.2 billion in Israel tech sector, launches AWS cloud region
Nickie Louise Posted On August 1, 2023


Israel, famous for its thriving startup culture, has been grappling with a worsening slowdown in its technology sector this past year, mainly attributed to the political unrest in the country. Now, there’s some positive news as the retail giant Amazon […]


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New Relic to go private in a $6.5 billion all-cash deal
Nickie Louise Posted On July 31, 2023


Observability software provider New Relic has reached an agreement led by a consortium led by Francisco Partners and private equity group TPG to go private in a $6.5 billion deal. The news comes at a time of intense competition in […]


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Walmart pays $1.4 billion to buy out Tiger Global’s stake in Indian e-commerce startup Flipkart
Nickie Louise Posted On July 31, 2023


Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s remaining stake in its Indian e-commerce startup Flipkart. In addition, the retail giant also acquired private equity firm Accel’s remaining 1% stake in the company, according to multiple […]


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You have a month left to get your share of $725 million settlement over Facebook’s violations of your privacy
Daniel Levi Posted On July 31, 2023


Back in December, we wrote about Facebook’s Meta after the social giant agreed to pay $725 million to settle the Cambridge Analytica scandal for accessing 87 million users’ data without their consent. Now, the clock is ticking and Facebook users […]


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Featured
Meta’s Threads sends 10 million to the wrong site
Daniel Levi Posted On July 31, 2023


Threads(.com), a Slack competitor unaffiliated with Meta’s new social network, received over 10 million site traffic in the first two weeks since Threads(.net) launched The work app has seen its global website ranking skyrocket from 545,741 to 5,813 in just two […]


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Featured  / Health  / HealthTech  / Launch  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Helpful launches with $7.5M in funding to simplify caregiving and ease administrative burdens for loved ones
Nickie Louise Posted On July 27, 2023


Nearly every developed country is witnessing a significant and rapid increase in the aging population. Along with this demographic shift, the expenses associated with caring for the elderly are rising at an approximate rate of five percent annually. This places a […]


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