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EV tech startup Faraday Future raises new funding for the production launch of its FF91 electric SUV
Nickie Louise Posted On August 15, 2022


In July, Faraday Future delayed the launch of its flagship electric SUV FF91 after warning that it was short on cash. The Los Angeles-based electric vehicle startup, which went public in a July 2021 merger with a blank-check company, was hoping to raise $325 […]


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Blockchain  / Featured  / Launch  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Decentralized tech startup Satellite IM closes $10.5M to offer the world’s first web3 communications platform with private messaging
Daniel Levi Posted On August 11, 2022


Data breaches in the US hit a record high in 2021 affecting nearly 300 million victims. The cost of a data breach continues to skyrocket. According to a recent IBM study conducted by the Ponemon Institute, data breaches cost American companies on average […]


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DeFi tech startup 1inch teams up with KuCoin Wallet to launch its native swap feature
Bode Miller Posted On August 11, 2022


We covered KuCoin three months ago when the crypto exchange hit the unicorn after raising $150 million in Series B funding to expand its presence in Web3, a decentralized version of the Internet that is based on blockchain technology. Since then, […]


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Israeli tech startup Shopic bags $35M to bring its AI-enabled smart cart to top U.S. grocery chains
Daniel Levi Posted On August 9, 2022


These days, leading grocers and retailers are constantly exploring smart cart technologies to meet the growing demand for frictionless shopping and cashier-less checkout. However, introducing purpose-built smart carts to a store is often operationally complicated and very costly. Enter Shopic, a […]


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Payments startup Forage lands $22M to make online grocery accessible to 42 million Americans on government food assistance program (SNAP)
Nickie Louise Posted On August 8, 2022


The United States is the richest country in the world. Yet, one in eight Americans receives government assistance to buy their weekly groceries, which translates to 42 million Americans who receive food assistance from the government Supplemental Nutrition Assistance Program, also known […]


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Crypto exchange Zipmex to release Bitcoin, Ethereum to 60% of its customers just a week after it filed for bankruptcy
Nickie Louise Posted On August 8, 2022


Zipmex came under investigation by Thailand SEC after the crypto exchange suspended withdrawals for all its customers. The startup resumed withdrawals on the same evening but it was a little too late. A week later, the Singapore-based Zipmex filed for bankruptcy […]


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Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
SoftBank reports its biggest ever loss, posts a $21.6 billion in quarterly loss
Daniel Levi Posted On August 8, 2022


Softbank reports its biggest loss ever, posted a $23.4 billion in quarterly loss as the global market sell-off spread to tech stocks and shredded valuations at its Vision Fund unit. The announcement comes just two years after the Japanese giant posted a […]


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Bitcoin  / Blockchain  / Cryptocurrency  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Crypto exchange Bitget launches a $200M protection fund to secure and safeguard users’ digital assets
Nickie Louise Posted On August 5, 2022


In recent months, we’ve heard horror stories of millions of crypto investors losing their personal savings to the collapse of Celsius after the crypto lender suddenly belly up overnight. Hundreds of these retail investors have gone as far as sending […]


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Acquisition  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Softbank-backed Brazilian giftback platform CRM&BONUS acquires social media sales startup Zipper for $4.7 million
Nickie Louise Posted On August 4, 2022


CRM&BONUS, a Softbank-backed Brazilian giftback platform, announced today it has acquired social media sales startup Zipper for 25 million reais ($4.7 million) in cash and part in shares. “This acquisition allows us to increase offers to retailers to help them raise […]


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Cybersecurity  / Security  / Startup Funding  / Startup Spotlight  / Startups  / Technology News
Cybrary lands $25 million for its training platform for cybersecurity professionals
Nickie Louise Posted On August 3, 2022


The demand for cybersecurity professionals is at an all-time high. The increased in cyberattacks, coupled with the pandemic has driven up the demand for experienced professionals. With colleges not graduating enough technically skilled cybersecurity professionals, the demand for cyber professionals far outnumbers […]


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Swiss IIoT tech startup VISENSE bags €750K in pre-seed funding to help industrial manufacturers battle machine downtime
Daniel Levi Posted On August 3, 2022


In the past three years, over 80% of producers recorded an unexpected downtime in manufacturing leading to an hourly cost of up to $260.000, according to a recent report from Aberdeen Research. The situation is even direr in the industrial sector. Now, […]


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Energy  / Environment  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Proof of Impact lands $6M in funding to enable transition to a more sustainable and purposeful world by linking ESG and impact data
Nickie Louise Posted On August 2, 2022


With many issues facing our world today, small and big corporations alike are no longer just focusing on short-term profit but also on their impacts on society and the world at large. Today, the world is faced with a plethora […]


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Compliance tech startup RegScale raised $20M in funding to deliver continuous compliance automation for heavily regulated industries
Nickie Louise Posted On August 2, 2022


Every year, the U.S. government creates hundreds, if not thousands, of new regulations that impact small and big businesses alike. In the last two decades, the regulatory burden has grown substantially and cost over two million jobs. Companies dedicate a large […]


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NFT  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Green web3 tech startup OneOf bags over $8M in funding for its sustainable NFT marketplace for iconic musicians, athletes, and brands
Nickie Louise Posted On August 1, 2022


Last month, OpenSea said it was laying off 20% of its workforce to reduce costs amid a prolonged slump in crypto-asset markets. The world’s largest NFT marketplace also saw the sales of non-fungible tokens (NFTs) on the Ethereum blockchain network fell […]


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Acquisition  / Electric Car  / Electric Vehicles  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
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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Featured  / Hardware  / Research  / Robotics  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
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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Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
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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Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
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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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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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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