SoftBank Group’s Vision Fund is the world’s largest technology-focused venture capital fund with over $100 billion in assets. Since its inception 39 years ago, the Japanese giant has invested billions of dollars in technology startups around the world, except in […]
In North America alone, the Rent-to-Own Industry is $8.5 billion, according to 2019 data from the Association of Progressive Rental Organizations, a nonprofit trade association advocating on behalf of the rent-to-own industry. The data includes dealers and companies that rent furniture, electronics, […]
Airlift, a Lahore, Pakistan-based transportation company has raised $85 million in the largest-ever funding round for a Pakistani startup. Co-led by Harry Stebbings’ 20 VC Explorer and Josh Buckley’s Buckley Ventures, the round is also the largest Series B ever raised by […]
SenseTime, the AI facial recognition startup that is used by the Chinese government to surveil its citizens, is planning for an up to $2 billion initial public offerings (IPO) in Hong Kong stock exchange as soon as the end of […]
According to Food and Agricultural Organization (FAO), a branch of the United Nations, the global full costs of food wastage amount to about $2.6 trillion per year, including $700 billion of environmental costs and $900 billion of social costs. What if […]
Wish is an e-commerce shopping app and one of the largest and global eCommerce platforms online. We covered Wish.com late last year after the marketplace announced the launch of a $2 million fund to support independent, black-owned retail businesses across the US. The […]
Cardiovascular disease is the leading cause of morbidity and mortality in the United States. It is also the leading cause of mortality in the world, with an estimated 17 million deaths each year. To provide treatment for this deadly disease, Oxford, England-based HealthTech […]
Gelato, a Norwegian software tech startup today announced it has secured $240 million in new funding from Goldman Sachs Group Inc. and SoftBank Group Corp. in a deal that values the 14-year old startup at just over $1 billion, making it a […]
Exactly one year after raising a $25 million series B, Silicon Valley 3D printing tech startup Arevo has closed an additional $25 million in funding to transform 3D printing into a tool for mass manufacturing. The round was led by Khosla Ventures […]
In February 2019, Reddit was valued at $3 billion following a funding round. Then exactly a year later, Reddit raised $250 million in new funding, doubling its valuation again to $6 billion. The doubling didn’t end there. Today, Reddit is now valued at $10 […]
The global construction industry is expected to reach an estimated $10.5 trillion by 2023. With the US Senate’s recent approval of the $1.2 trillion infrastructure bill, the construction industry is going to see the inflow of billions of dollars in additional […]
It’s been over a year since we last featured Dovetail, a Sydney, Australia-based tech startup that helps analyze unstructured customer research data such as zoom calls and transcripts. After just two years of self-funded growth, the founders achieved profitability and built a […]
For generations, Italy has been the hub for entrepreneurs, and due to this the Italian economy is one of the most developed countries in the world and is a pioneer in fashion, automotive, agriculture, dairy, among others. Italy has a […]
Last year, we wrote about Alexis Ohanian after the Reddit co-founder resigned from the board of directors and urged the company to replace him with a black person. Ohanian, who is married to professional tennis player Serena Williams, was the executive chairman […]
With technology disrupting various industries and many aspects of our lives, the legal sector, to some extent, is still lagging behind. An example of this can be found in the day-to-day operations of the in-house legal teams. Traditionally, the limited technology […]
The ongoing chip shortage is beginning to ripple across every sector and has led to increasing demands for used electronic products. Even before the chip shortage, research shows that the refurbished market for consumer electronics, which includes many of the […]
Throughout history, it’s known that most great companies are born out of recessions. For instance, General Electric was launched in 1892, General Motors in 1908, IBM in 1911, Disney in 1929, and HP in 1939. The same applies to tech startup companies. An example of […]
DOKU is Indonesia’s largest and one of the fastest-growing online payments providers in Asia. DOKU enables e-Commerce merchants to accept a wide range of online payment options, from credit cards to emerging payment types. Today, DOKU announced it has raised $32 million […]
Since the pandemic began over 18 months ago, there has been an uptick in the number of teachers leaving public schools. According to the World Bank, some 40 million teachers around the world have left the sector. Their departure has also […]
On Sunday, Jack Dorsey’s Square announced it is acquiring Australian fintech startup Afterpay for $29 billion. It’s a huge validation for the fast-growing “buy now, pay later” (BNPL) market that many are saying is poised to disrupt the $8 trillion US credit card […]
