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Oova, a Mount Sinai spinoff startup, raises $10.3 million in funding for fertility testing kit
Nickie Louise Posted On June 12, 2023


The FemTech sector, which includes technology-driven solutions for women’s health, is projected to reach a substantial value of $1 trillion by 2027. However, the industry faces significant challenges due to the lingering taboos surrounding women’s health and gender disparities in […]


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Nasdaq buys fintech software Firm Adenza for $10.5 billion to accelerate growth
Nickie Louise Posted On June 12, 2023


Nasdaq, a prominent player in the financial industry, is buying Adenza in a deal valued at $10.5 billion. Adenza, which is owned by Thoma Bravo, makes software used on Wall Street. The cash-and-stock deal includes a combination of $5.75 billion […]


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AI startup Cohere raises $270 million in funding to take on OpenAI ChatGPT; now valued at $2.2 billion
Nickie Louise Posted On June 9, 2023


Cohere, a tech startup specializing in AI foundation models, has recently secured an impressive $270 million in funding. This funding round attracted support from renowned investors, including Nvidia, Oracle, and Salesforce Ventures. While the exact valuation of Cohere remains undisclosed, […]


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French software startup Pigment raises $88M in funding led by ICONIQ Growth
Nickie Louise Posted On June 8, 2023


Pigment, a French business planning software startup, has recently secured a substantial $88 million in funding to “redefine business planning” and take on the popular Microsoft Excel spreadsheet software. This round, which brings Pigment’s total funding up to $248 million, […]


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Blumira launches an easy XDR platform for small businesses following a $15 million Series B fundraise
Daniel Levi Posted On June 7, 2023


It’s been three years since we last covered Blumira, an emerging cybersecurity startup that offers detection and response technology to automate security operation workflows and enable customers to identify threats faster and earlier, then respond by blocking or containing their […]


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GetHarley secures $52M in funding to revolutionize the medical aesthetic industry
Nickie Louise Posted On June 7, 2023


Many of us struggle with skin problems and often feel lost when it comes to finding solutions. We might long for access to top-tier skincare specialists like the ones who work with celebrities like Meghan Markle. However, they are usually […]


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Chindata goes private after a $3 billion acquisition deal with PE firm Bain Capital
Nickie Louise Posted On June 7, 2023


Chinese data center operator Chindata Group announced on Wednesday that it has received an offer from investor Bain Capital to take the company private. The proposed deal values the company at nearly $2.93 billion. Following this news, Chindata’s shares, which have […]


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Reddit to lay off about 5% of its workforce as tech job cuts top 200,000
Nickie Louise Posted On June 6, 2023


Social aggregation site Reddit announced Tuesday it is laying off about 5% of its workforce, or 90 employees, joining a list of other tech giants that have frozen hiring across the globe. The Wall Street Journal first reported the layoff news […]


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SEC sues Coinbase for illegally operating as unregistered securities exchange, one day after suing Binance
Nickie Louise Posted On June 6, 2023


Just less than 24 hours after the U.S. Securities and Exchange Commission (SEC) charged Binance and its founder CZ with securities law violations, the US regulator is now coming after the second largest crypto exchange “with operating its crypto asset […]


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Crypto exchange Binance hit by outflows of almost $1 billion in last 24 hours
Nickie Louise Posted On June 6, 2023


Crypto Investors have withdrawn around $780 million from the world’s biggest crypto exchange Binance in the last 24 hours, according to data firm Nansen. The news comes just a day after Binance was sued by the U.S. Securities and Exchange […]


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Apple ushers in a new era of VR with the launch of its mixed reality headset Vision Pro for $3,499
Nickie Louise Posted On June 5, 2023


Move over, Oculus. After many months of speculations, Apple has now entered the world of XR which includes augmented reality (AR), virtual reality (VR), and mixed reality (MR). Apple on Monday unveiled its MR headset at its 2023 Worldwide Developers […]


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The SEC charges Binance and founder CZ with securities law violations; crypto market tumbles
Nickie Louise Posted On June 5, 2023


The U.S. Securities and Exchange Commission (SEC) has filed 13 charges against the world’s largest crypto exchange Binance and its founder with violations of securities laws. Major cryptocurrencies and shares in crypto and blockchain-related companies tumbled on Monday immediately after […]


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Spotify lays off 2% of its workforce as tech job losses continue
Nickie Louise Posted On June 5, 2023


Spotify is the latest tech company to lay off staff as tech companies battle with the global economic slowdown. Spotify announced on Monday that it’s laying off roughly 200 employees, or about 2% of its-person workforce, as part of what […]


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Scientists reverse diabetes in mice by hacking human cells to make insulin
Daniel Levi Posted On June 5, 2023


In an exciting breakthrough, scientists from Weill Cornell Medicine in New York have successfully repurposed human stomach cells, turning them into insulin-releasing tissues that respond to elevated blood sugar levels. This discovery holds great potential for enabling individuals, especially those […]


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MOVEit hacked: Hackers exploited zero-day vulnerability in popular file transfer tool to steal data from organizations, researchers say
Daniel Levi Posted On June 2, 2023


Progress Software’s MOVEit has fallen victim to a recently discovered zero-day vulnerability after hackers exploited the flaw in the popular file transfer tool to steal critical data from various organizations, U.S. security researchers said on Thursday. The news came just […]


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GetYourGuide, an online travel and booking startup, raises $194M in funding to accelerate global expansion
Nickie Louise Posted On June 1, 2023


Boom! GetYourGuide, a SoftBank-backed online travel and booking startup, has closed a massive $194 million in Series F funding despite the ongoing funding slowdown. The round, which comes in the form of equity and credit financing, was led by Blue […]


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UpdateAI lands $2.3M in funding to grow its ChatGPT-powered Customer Success platform 
Nickie Louise Posted On May 31, 2023


UpdateAI, a ChatGPT-powered Customer Success platform, has raised $2.3 million in funding led by IdealabX, with participation from prominent investors including Stage Venture Partners, Zoom Ventures, a16z’s scout fund, and Howard Morgan. The latest round brings the company’s total funding […]


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CoreWeave, a GPU-focused cloud compute provider startup, raises another $200M in funding amid AI boom
Daniel Levi Posted On May 31, 2023


CoreWeave, a New York City-based startup that started out as an Ethereum mining venture, has secured another $200 million in funding amid the ongoing AI boom. The funding, which pushes the valuation of the 6-year-old startup to more than $2 […]


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Atly launches with $18M in funding to revolutionize location-based content and provide a better way to explore the world
Nickie Louise Posted On May 31, 2023


With the rise of social media in the early 2000s, internet users have increasingly turned to platforms like Facebook and Foursquare for recommendations on destinations, activities, and purchases, diverging from the reliance on Google Search and Google Maps. This trend has […]


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China’s Baidu launches $145 million venture capital AI fund to back generative AI startups
Nickie Louise Posted On May 31, 2023


Chinese search giant Baidu announced the launch of a 1 billion yuan ($145 million) AI venture capital fund to back startups focused on content generated by artificial intelligence applications, Bloomberg reported on Wednesday. The news comes just a month after […]


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