November 9, 2025
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Tesla Rival Nikola buys energy storage company Romeo Power for $144M to secure control of its supply chain
Daniel Levi Posted On August 1, 2022


Electric heavy truck maker Nikola Motors announced on Monday it has agreed to buy energy storage technology company Romeo Power for $144 million as part of its effort to secure control of critical battery pack engineering and production process, giving the Tesla rival control […]


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Israeli robotics startup Cogniteam partners with AAEON to develop ready-to-build robotic hardware
Daniel Levi Posted On August 1, 2022


Creating robots is hard and challenging. Most roboticists will tell you that it took years before the last robot they built or programmed was any good at performing a specific task. So to avoid reinventing the wheels, most robotic companies typically begin […]


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Tech Layoffs: Over 32,000 tech workers lost their jobs in July as mass layoffs hit the tech sector
Nickie Louise Posted On August 1, 2022


Last week, we wrote about tech startups struggling to raise new funds due to the global economic downturns and other macro events such as inflation, the Russia-Ukraine war, and the rising interest rates. But there is a bigger problem facing […]


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Global Payments to buy fintech company EVO in a $4 billion deal to expand its geographic footprint into new markets
Nickie Louise Posted On August 1, 2022


Global Payments, an Atlanta-based provider of payment technology and software solutions, announced it has reached an agreement to acquire a smaller rival EVO Payments in a deal valued at nearly $4 billion including debt. The announcement comes just a year after Global […]


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Cryptocurrency  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Here are the winners and losers of the crypto bear market, according to the new DappRadar report
Nickie Louise Posted On July 29, 2022


The crypto bear market is here and no one knows how long it’s going to last. After many years of sugar-high growth fueled by money printing by the world’s central banks, the global crypto market is slowly cooling down. Overall, […]


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Crypto exchange startup Zipmex files for bankruptcy just a week after it came under investigation by Thailand SEC
Nickie Louise Posted On July 29, 2022


On  Monday, we wrote about Zipmex after the Singapore-based cryptocurrency exchange startup came under investigation by Thailand Securities and Exchange Commission (SEC). The investigation started after Zipmex temporarily suspended withdrawals for thousands of its customers but later resumed withdrawals on […]


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Featured  / Launch  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
VinFast, a new Vietnamese electric vehicle tech startup, launches in the US to take on Tesla
Nickie Louise Posted On July 28, 2022


In the late 70s and early 80s, Japanese and South Korean automakers succeeded in crackin the American car market. Now, an unknown Vietnamese carmaker wants to do the same with plans to sell its electric SUVs in the United States. VinFast is a […]


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Autonomous vehicle tech startup Pony.ai joins the driverless truck revolution; plans to mass produce robotrucks in China
Daniel Levi Posted On July 28, 2022


In April, Chinese self-driving tech startup Pony.ai received a taxi license in China to become the first autonomous driving taxi company in the country. The startup said it was awarded a license to operate 100 driverless vehicles in the Guangzhou city […]


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Portage Ventures is seeking to raise $1 billion for its new fund to invest in late-stage fintech startups
Nickie Louise Posted On July 28, 2022


Global venture capital investments in technology startups fell significantly in Q2 investors pull back due to fear of looming recession and global economic downturn. Startup funding reached $120 billion, the lowest amount recorded for a single quarter since the beginning […]


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Facebook’s Meta continues to lose billions in pursuit of the metaverse; already lost $6B on its metaverse project
Daniel Levi Posted On July 28, 2022


In October 2021, Facebook founder and CEO Mark Zuckerberg announced with great fanfare that it was changing its corporate name to Meta to reflect its focus on the metaverse, a term the social giant described as “an embodied internet where you’re in the experience, […]


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Alibaba founder Jack Ma plans to give up control of China’s fintech giant Ant Group
Nickie Louise Posted On July 28, 2022


Jack Ma, Chinese billionaire and founder of Alibaba, plans to give up control of financial technology giant Ant Group Co in an effort to move away from affiliate Alibaba Group Holding “after more than a year of extraordinary pressure from […]


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Blockchain  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Blockchain domain startup Unstoppable Domains joins unicorn club with $65 million Series A funding
Daniel Levi Posted On July 27, 2022


Unstoppable Domains, a San Francisco-based tech startup and pioneer of blockchain domains, has become a new member of the highly coveted unicorn club after raising $65 million in Series A funding. The round, which now puts the company at a […]


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Ag tech startup Verility closes $3.5 million Series A funding to grow its livestock fertility analysis platform
Nickie Louise Posted On July 27, 2022


In 2021, the total world population was estimated to be around 7.88 billion people. By 2050, the number is expected to hit 10 billion which will result in a 70% increase in food demand. With billions of people to feed, there are also […]


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Acquisition  / Cryptocurrency  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
FTX in talks to acquire South Korean crypto exchange startup Bithumb
Nickie Louise Posted On July 27, 2022


Crypto exchange FTX continues its acquisition spree this week after a new report that Sam Bankman-Fried’s company is in talks to buy South Korean cryptocurrency exchange Bithumb. If the negotiation goes through, FTX will gain more foothold in Asia and in especially in […]


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Launch  / Startup Spotlight  / Technology News
Avalanche-based Pangolin Exchange to launch on Flare blockchain, 4.6 million token airdrop
Nickie Louise Posted On July 27, 2022


Layer-1 blockchain Flare Network today announced its first decentralized exchange, Pangolin Exchange on the Avalanche network. With this launch, Pangolin will be able to see new cross-chain token pairs, offer in-dApp swap functionality to partner projects, and bootstrap liquidity for the network. Pangolin […]


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Naoris Protocol gets $11.5 million in funding to tokenize cybersecurity
Nickie Louise Posted On July 27, 2022


Having just banked $11.5 million in funding, Naoris Protocol says it’s on a mission to scale up the adoption of a decentralized cybersecurity mesh of validator nodes to shore up network defenses, making them stronger as they grow to encompass […]


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Bitcoin  / Cryptocurrency  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
The impact of Bitcoin adoption on the developing world
Daniel Levi Posted On July 27, 2022


There’s no denying that the crypto market has continued to be faced with a lot of bearish pressure over the last half a year or so, as is made evident by the fact that the total capitalization of this space […]


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Electric car subscription service tech startup Onto raises $60 million to expand into Europe
Nickie Louise Posted On July 27, 2022


Electric vehicle (EV) subscription service startup Onto has raised $60 million in equity in a Series C funding round to expand into Europe, starting with Germany. The round was led by the financial services company Legal & General. Existing investors including Alfvén […]


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Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
London-based MaaS startup Geomiq raises $8.5M to transform and streamline the manufacturing industry
Nickie Louise Posted On July 26, 2022


While some startups are struggling to raise new funds amid the global economic downturn, London-based B2B manufacturing platform Geomiq announced today it has raised $8.5 million in Series A funding to open up access to world-leading supply chains for manufacturers of all […]


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Featured  / FinTech  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Virgin Money jumps into the ‘buy now, pay later’ space to take on PayPal, Klarna, and Affirm
Nickie Louise Posted On July 26, 2022


Virgin Money is jumping into the buy-now, pay-later (BNPL) fray with a new product offering. The UK-based challenger bank announced Tuesday it will enter the BNPL space as the market heats up. The announcement comes just a month after the iPhone giant Apple […]


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