Vroom, an automotive startup and online direct car retailer that simplifies car-buying experience, has closed $254 million Series H funding to further grow its e-commerce platform. The round, which was led by Durable Capital Partners LP, with participation from funds and accounts […]
How big is the fashion industry? That’s the question everyone is asking. Depending on the scope and data you look at, the fashion industry is estimated to be worth $2.4 trillion, according to McKinsey Global Fashion Index released in 2017. For […]
Funding is the lifeblood of every startup. Veritas Genetics, the DNA startup which offered to sequence people’s genomes for rock-bottom price of $599, announcing it ceasing its US operations after it failed to raise a new round of financing and November data breach. […]
RaySecur, a security startup that helps companies, government agencies and celebrities to safely enhance mailroom security with next-generation threat detection technology, has closed a $3M seed round to scale within key market verticals and accelerate its growth strategy. The round was led […]
We are all familiar with traditional front-end content management system (CMS) like WordPress. But what about headless CMS? A headless CMS is a back-end only content management system (CMS) built from the ground up as a content repository that makes content […]
Bamboo Learning, an education-focused software and services startup with a mission to teach using voice-based devices, has raised $1.4 million round of seed financing to expand voice applications and content for education and entertainment. Backers include the Alexa Fund, Wavemaker Partners, […]
Good morning! Below are some of the top tech startup news for today, Thursday, December 5, 2019. Facebook Oculus quietly acquires Prague-based Beat Games to bolster VR gaming. Oculus, a company Facebook acquired in 2014 for $2 billion, has acquired […]
Financial crime is on the increase and bad actors are always a step ahead of most companies. In fact, 94% of companies say sharing intelligence is the key to tackling financial crime. But don’t because of the huge risk of […]
Figure Technologies, a FinTech startup transforming the lending experience for consumers through the power of blockchain technology, has closed has closed a $103 million Series C funding to expand its lending products and executive hires. The round, which was led by Morgan Creek […]
Vedanta Biosciences, a biotech startup developing a class of drugs that work by modulating the human microbiome, today announced it has been awarded a second research grant from CARB-X (Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator), a global non-profit partnership dedicated to […]
Google Maps and Apple Maps have both been dominating the mobile map landscape. But one tech startup is about to take them on. Nexit is the all-in-one navigation app to power the perfect road trip. The app is designed as the […]
The demand for talent continues to surge and it’s not being met on a global scale. According to research by HAYS, talent mismatches – the gap between skills employers are seeking and the skills available among job applicants – is […]
Kim Beom-seok, also known as Kim Bom, was born in Seoul, South Korea. Just like all immigrants chasing the American dream, Kim left South Korea with his parent at the age of 7. At age 13, he went to boarding school […]
Statista predicts that total global e-commerce sales will reach $6.5 trillion by 2023, with cross-border purchases projected to account for 22 percent of total e-commerce worldwide. Yet brands and retailers still struggle to offer customers a shopping experience that feels […]
Sequoia Capital, a Silicon Valley VC heavyweight that is focused on energy, financial, enterprise, healthcare, internet, and mobile startups, has closed $3.35 billion to invest in U.S. and Chinese startups. The new funding was revealed as part of amendments to prior disclosures by […]
Good morning! Below are some of the top tech startup news for today, Wednesday, December 4, 2019. Kustomer scores $60M in Series E funding to accelerate its global footprint. Kustomer, a NYC-based SaaS enterprise customer service platform, raised $60m in Series […]
With over 300 million users worldwide, Duolingo is currently the most popular language-learning platform and the most downloaded education app worldwide. Today, the edtech startup announced it has closed a $30 million Series F funding round for continued investment into the research […]
Loyal Valley Capital (LVC), a private equity firm that invests in middle market companies in China, announced yesterday that it has closed $465 million for Loyal Valley Capital Advantage Fund II LP (“LVC USD Fund II”). The funding includes $440 millions […]
Imagine if you could create the Hydrogen Economy out of waste greenhouse gas emissions. That’s exactly what ReCarbon, a Silicon Valley greentech startup, is doing. ReCarbon is turning greenhouse gases into hydrogen, and syngas. Yesterday, ReCarbon announced it has secured $7 million […]
Venous reflux disease, also known as chronic venous insufficiency (CVI). CVI is a progressive medical condition affecting more than 40 million adults in the United States alone. Venclose is a Silicon Valley medical technology startup developing next-generation solutions for the […]
