January 27, 2025
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Citi leads a $40M investment in AI and cloud-powered global asset servicing platform tech startup FundGuard
Nickie Louise Posted On April 19, 2022


FundGuard, a New York-based tech startup, has raised $40 million in a Series B funding round to accelerate the growth of its AI-powered SaaS investment management and asset servicing enterprise platform. The latest investment round included strategic investors Citi and State Street […]


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Food delivery platform Deliveroo guilty of abusing freelance status of its riders; 2 former bosses face suspended one-year prison sentence
Daniel Levi Posted On April 19, 2022


A French court has found U.K.-based food delivery platform Deliveroo guilty of abusing the freelance status of its riders. As part of the ruling, two former bosses of Deliveroo were also given suspended one-year prison sentences and fined 30,000 euros […]


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Gold House launches a $30 million fund to invest in tech startups founded by Asian and Pacific Islander founders
Daniel Levi Posted On April 19, 2022


Did you know that Asian American professionals are among the least likely demographic in the U.S. to be promoted into management? Although Asian Americans account for ~30% of the total workforce in the technology space, less than 14% of executive ranks and single […]


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China’s automation giant Laiye closes $160M to accelerate global rollout of its intelligent automation platform
Nickie Louise Posted On April 19, 2022


Just last week, we wrote about Laiye after the Chinese automation giant acquired French AI tech startup Mindsay to lead the market shift to intelligent automation. The acquisition enables the company to provide its clients with low-code, and no-code technology required […]


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London-based fraud prevention startup Seon gets $94M to fight online fraud and Russian sanctions evasion
Nickie Louise Posted On April 19, 2022


Banking and financial institutions have rapidly digitized all their operations, especially since the outbreak of the COVID-19 pandemic. Unfortunately, fraudulent activities have kept pace too. According to a report from LexisNexis, the cost of fraud for U.S. financial services and lending firms […]


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SpaceX launches classified spy satellite for the US military
Daniel Levi Posted On April 18, 2022


SpaceX successfully launched another spy satellite into orbit on Sunday. For the first time, the launch was conducted on a previously used rocket out of the Vandenberg Air Force Base Sunday afternoon after its initially scheduled launch on Friday was delayed […]


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MetaMask asks Apple users to disable automatic iCloud backups for their wallets after a user lost $650,000 worth of NFTs in a phishing attack
Daniel Levi Posted On April 18, 2022


Another day, another phishing attack. Just last week, we warned about new phishing tactics disguised as fun. Now, a user of crypto wallet Metamask has become the latest victim of non-fungible token (NFT) phishing attacks. In an announcement on Monday, MetaMask asked […]


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Gaming platforms FlickPlay, The Sandbox join forces to build an interoperable and integrated metaverse
Nickie Louise Posted On April 18, 2022


The Metaverse is all the rage since Facebook re-branded as Meta in October of last year. However, while the metaverse may seem exciting now, current metaverses are being built as separate virtual silos of individual metaverses with no way for […]


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Woosh founder leaves Google to build a solution to protect home air quality and transform HVAC into a smart air purifier; raises $1.3M in funding
Nickie Louise Posted On April 18, 2022


Did you know that the air in your home can be five times worse than the air outside? Today, most homes use HVAC (heating, ventilation, air conditioning) filters to filter dust, pollen, pet dander, and other small particles out of […]


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Shipium raises $27.5M Series A to provide e-Commerce retailers with tools required to compete with Amazon
Daniel Levi Posted On April 15, 2022


In just three decades, Amazon has grown from a simple online bookseller to become an e-commerce giant. In 2021 alone, Amazon controls 40% of US e-commerce sales. The remaining 60% of sales are shared among 2.5 million US online retailers. With all […]


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North Korean ‘Lazarus’ group behind the $615 million cryptocurrency theft, U.S. officials say
Nickie Louise Posted On April 15, 2022


Late last month, we wrote 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. The blockchain startup reported that hackers exploited its network and made […]


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SpendWithUkraine.com is a new website to support Ukrainian-made products and services in wartime
Nickie Louise Posted On April 14, 2022


The ongoing war between Russia and Ukraine is now in its seventh week no one knows when the war will end. For now, individuals and companies around the world have offered assistance and support to the people of Ukraine as […]


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Blackrock, Fidelity invest $400 million in crypto tech startup and the issuer of USDC stablecoin Circle
Nickie Louise Posted On April 14, 2022


Blackrock, the world’s largest asset manager, is jumping on the crypto bandwagon with an investment in a crypto tech startup and the backer of USD Coin (USDC) stablecoin Circle. In an announcement this week, Circle said it has entered into an agreement for a […]


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Blockchain gaming startup Splinterlands to decentralize validator nodes with new license offering
Nickie Louise Posted On April 14, 2022


It’s been about two months since we last covered Splinterlands. But that doesn’t mean the team at the popular NFT-based play-to-earn card gaming tech startup has been sitting idle. Back then, Splinterlands sold out its unique NFT collection starring rapper Wacka […]


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HR tech startup Compt raises $13M in Series A funding to simplify employee perks and rewards
Daniel Levi Posted On April 14, 2022


In the summer of 2021, a record 4.3 million Americans voluntarily quit their jobs in what some are calling the beginning of the “Great Resignation.” The number is a reminder of the problem faced by employers as they compete to attract top candidates who […]


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Aleph.im integrates with Tezos to provide a resilient web 3-based storage solution for NFTs
Nickie Louise Posted On April 14, 2022


Non-fungible token (NFT) has taken the world by storm since it was first introduced in 2014. Since then, interest in NFTs has reached new heights as investors poured billions of dollars into the space looking to play the NFT gold rush. In […]


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Elon Musk offers to buy 100% of Twitter for $41.39 billion in cash
Nickie Louise Posted On April 14, 2022


Tesla CEO Elon Musk has offered to buy 100 percent of Twitter for $54.20 per share ($41.39 billion) in cash, according to the updated 13D filing with the Securities and Exchange Commission (SEC). The announcement came just a few days after […]


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Anchor Protocol, Acala join forces to unite Terra and Polkadot DeFi ecosystems and grow decentralized stablecoin market
Nickie Louise Posted On April 13, 2022


The decentralized finance (DeFi) space has so much going on and it’s difficult to keep up with it all.  Since its inception in August 2018, the DeFi market has continued to evolve and mature quite immensely over the last couple of years. […]


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Future of work tech startup Mesh.ai raises $11M to disrupt the traditional performance management reporting and cycles in companies
Nickie Louise Posted On April 13, 2022


If there is one lesson we all learned from this pandemic, it is that remote work is critical to the success of every company. The pandemic has now accelerated the future of remote work. However, remote work is not without […]


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Microsoft bought this tech startup for $200 million only to shut it down four years later
Daniel Levi Posted On April 13, 2022


When you’re a trillion-dollar company, a million dollars is like a drop in a bucket. In 2015, Microsoft bought the to-do-app Wunderlist for a reported price of $100 million to $200 million. Wunderlist was founded by German entrepreneur Christian Reber. Wunderlist’s API runs […]


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