November 19, 2024
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Adobe agrees to buy online design startup Figma for $20 billion deal
Nickie Louise Posted On September 15, 2022


The ongoing recession and market turmoil have done little to slow down merger and acquisition activities. This morning, Bloomberg just reported that Photoshop maker Adobe is nearing a deal to acquire online design tech startup Figma for $15 billion. Citing people with […]


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Verkada raises $205M at $3.2 billion valuation to protect every building with cloud-connected security camera systems
Nickie Louise Posted On September 14, 2022


Verkada, a Silicon Valley startup founded six years ago with the vision to modernize the world of physical security,  said on Wednesday it has raised a $205 million Series D funding round led by Linse Capital. The round now pushes the […]


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African most valuable startup Flutterwave adds Nigeria’s eNaira digital currency as payment option for merchants
Nickie Louise Posted On September 14, 2022


Flutterwave, an Africa-focused unicorn fintech startup, announced on Wednesday it has added Nigeria’s eNaira as a payment option for merchants, in a move that could help boost the adoption of the country’s digital currency. The announcement comes just two days […]


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South Korea issues arrest warrant for Terra founder Do Kwon following the collapse LUNA cryptocurrency
Daniel Levi Posted On September 14, 2022


Just four months after the LUNA cryptocurrency crashed to $0, a South Korean court has issued an arrest warrant for Terraform founder and the primary developer of cryptocurrencies Luna and TerraUS Do Kwon, Reuters reported, citing a spokesperson for the prosecutors. “An […]


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Aptiv acquires 85% stake in Intercable Automotive Solutions for $605 million in EV tech push
Daniel Levi Posted On September 13, 2022


Auto parts supplier Aptiv is acquiring an 85% stake in the Intercable unit as part of its push to expand into electric vehicle (EV) business. In an announcement on Tuesday, Aptiv said it has agreed to acquire an 85% equity stake in […]


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AppLovin withdraws its $20 billion takeover of gaming software giant Unity
Daniel Levi Posted On September 13, 2022


In early August, Mobile marketing company AppLovin announced it was acquiring gaming giant Unity Software in a $17.54 billion all-stock deal. The enterprise value of the deal is $20 billion. But a little over a month later, the game developer said it’s giving […]


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EV charging tech startup TeraWatt Infrastructure raises over $1 billion to expand its charging networks
Nickie Louise Posted On September 13, 2022


In a battle against climate change, automakers and governments around the world are slowly moving away from traditional internal combustion engine (ICE) vehicles in favor of electric vehicles. But one of the reasons for the slow adoption of electric vehicles […]


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Norwegian tech startup Xeneta lands $80 million to provide visibility into ocean and air freight rates
Nickie Louise Posted On September 13, 2022


The world is more global than ever. An estimated 80% of global goods are transported via ocean freight. On the other hand, air freight represents more than 35% of global trade by value, but less than 1% of trade by volume. In […]


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Featured  / Space  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Space startup Vestigo Aerospace lands $375K in seed funding to help remove space debris from orbit
Daniel Levi Posted On September 12, 2022


The proliferation of orbital space debris is one of the future challenges facing humanity as experts worry about the potential of the debris falling back to Earth. According to NASA, the rising population of space debris increases the potential danger to […]


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Google spins out Aalyria, a secret high-speed internet startup that provides satellite and cellular connectivity on planes and ships
Nickie Louise Posted On September 12, 2022


Alphabet’s Google just revealed a secret high-speed telecom project the search giant has been working on called Aalyria. Codenamed “Minkowski” within Google, the secret project was unveiled to the public on Monday. Google said it transferred almost a decade’s worth […]


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Truly autonomous cars impossible without humans, industry experts say
Daniel Levi Posted On September 12, 2022


“Show me an autonomous system without a human-in-the-loop and I’ll show you a useless system.” That was the statement made in 2019 by Maarten Sierhuis, the man responsible for developing Nissan’s autonomous vehicles. Sierhuis is the chief technology director at Nissan’s […]


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TRON announces strategic partnership with global crypto market maker Wintermute
Nickie Louise Posted On September 12, 2022


TRON, a decentralized, open-source blockchain project, has inked a strategic partnership with London-based global crypto market maker Wintermute. The new partnership makes Wintermute the official market maker for TRX and a strategic partner of the entire TRON ecosystem. As part of this partnership, Wintermute […]


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Former Tesla CFO joins drone delivery startup Zipline
Nickie Louise Posted On September 12, 2022


Zipline has been making the headlines in recent weeks. Early this month, we wrote about the drone-delivery startup Zipline after it joined forces with African e-commerce company Jumia to launch an on-demand drone delivery in remote areas of Ghana. The […]


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Singapore-based Whampoa Group to invest $100 million in web3 and digital assets startups via VC fund
Daniel Levi Posted On September 9, 2022


Venture funding to technology startups has slowed in recent months. The slowdown is even more severe among crypto-related startups. But has not stopped some crypto and blockchain startups from raising new funding. Some, especially web3 startups, continue to attract investors’ attention. […]


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The U.S. recovers over $30 million in crypto stolen by North Korean-linked hacker group Lazarus
Nickie Louise Posted On September 9, 2022


As you may recall, we told you back in March about the largest crypto heist after hackers stole $615 million worth of cryptocurrency from the maker of the popular online game Axie Infinity Ronin Network. Then in April, US authorities […]


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Uber taps self-driving startup Nuro for autonomous food and grocery deliveries
Daniel Levi Posted On September 8, 2022


Nuro, a Softbank-backed self-driving tech startup and the developer of street-legal autonomous electric delivery vehicles, has struck a long-term deal with Uber to test food delivery via unmanned vehicles in some U.S. locations. As part of the 10-year partnership, Nuro will use its […]


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Coinbase funds a lawsuit against the U.S. Treasury over Tornado Cash sanctions due to the $7 billion crypto laundering scheme
Daniel Levi Posted On September 8, 2022


Last month, we reported the story about Tornado Cash after Dutch authorities announced they had arrested a 29-year-old man believed to be a developer for the cryptocurrency mixer. The announcement came just a few days after the US Treasury put the […]


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London-based conversational AI startup PolyAI lands $40M to automate customer service with human-like voice assistants
Daniel Levi Posted On September 8, 2022


PolyAI, a London-based AI startup that develops a machine learning platform for conversational artificial intelligence, has raised $40 million in a Series B funding round to deploy conversational AI agents and disrupt the traditional customer service models. The round, which was led […]


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The Green Coffee Company lands $100M Series C funding to revolutionize the Colombian coffee industry
Nickie Louise Posted On September 8, 2022


The global coffee market was valued at $102.02 billion in 2020, and it is projected to reach a CAGR of 4.28% during the forecast period of 2021-2026. As of 2020, Folgers was the leading ground coffee brand in the United States, accounting […]


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Crypto gaming startup Animoca Brands raises $110M to advance digital property rights and build the open metaverse
Nickie Louise Posted On September 8, 2022


Private investments in technology startups have cooled down significantly in recent months due to the looming recession in the US and the global economic downturn. The crypto winter is impacting funding for crypto-related startups. Funding in crypto startups fell 26% last […]


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