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Health tech startup Circles raises $16 million in funding to stop the mental health pandemic
Nickie Louise Posted On May 24, 2022


May is a mental health awareness month, a month to educate the public, remove the stigma, and support people with mental illness and their families. We’ve been writing about mental health startups in recent years to raise awareness of the mental health […]


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Nitro League Releases Updated Roadmap To Launch It’s Racing Metaverse
Nickie Louise Posted On May 24, 2022


Nitro League – a decentralized racing metaverse – announced the release of its updated roadmap. As the team behind the first racing metaverse continues to make waves in the NFT and blockchain communities, several important milestones have been met and […]


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Europe’s most valuable fintech startup Klarna to lay off 10% of its workforce as economic downturn hits buy now, pay later space
Daniel Levi Posted On May 23, 2022


While all eyes are on the falling cryptocurrency prices, there is another problem brewing in the tech industry—layoffs and hiring freezes. The current global economic downturn fueled by the ongoing war between Russia and Ukraine is beginning to have an impact […]


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B2B payments tech startup PayEngine raises $10M Series A for its white-label payments platform for vertical market software vendors
Nickie Louise Posted On May 23, 2022


Over the years, many SaaS companies have decided to integrate payments into their platforms to open up new revenue streams. However, maximizing the revenue is something else altogether. That’s why Los Angeles-based tech startup PayEngine is aiming to help vertical […]


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Torch raises $40 million in Series C funding to help teams make better decisions
Daniel Levi Posted On May 23, 2022


Over the past two years, there’s been a mass exodus of workers from the workforce. For example, in the second half of 2021 alone, the Great Resignation has led to over 20 million people quitting their jobs. The number was one of […]


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British online supermarket Ocado acquires robotics tech startup Myrmex for $10.2 million
Nickie Louise Posted On May 23, 2022


Ocado, a British online supermarket, announced Monday it has agreed to buy materials handling robotics tech startup Myrmex Inc for $10.2 million. In 2020, Ocado recently acquired a minority stake in Athens-based Myrmex. Ocado said that the acquisition of Myrmex will enable […]


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Broadcom to buy cloud service provider VMware for $60 billion
Nickie Louise Posted On May 23, 2022


Chipmaker giant Broadcom is in talks to acquire cloud service provider VMware Inc in a deal that could transform the company into a diversified tech firm, according to a report from Reuters, citing people familiar with the matter. The terms of […]


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Y Combinator warning to tech startups: “Plan for the worst. Good times may be coming to an end”
Nickie Louise Posted On May 20, 2022


Y Combinator (YC) is one of Silicon Valley’s most renowned startup accelerators that provides funding for early-stage startups. Since its inception in 2005, over 2,000 tech startup companies have been launched through its accelerator program. Notable among them include Stripe, Airbnb, […]


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Ankiti Bose, founder and CEO of Singapore-based fashion tech startup Zilingo, fired for “serious financial irregularities”
Nickie Louise Posted On May 20, 2022


Singapore-based B2B e-commerce startup Zilingo has ousted its CEO and co-founder Ankiti Bose for what the company described as “serious financial irregularities.” In a statement on Friday, Zilingo said it fired Chief Executive Ankiti Bose after an independent investigation into complaints about […]


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Space tourism startup Space Perspective raises $17M in additional funding to take space explorers to space aboard Spaceship Neptune
Daniel Levi Posted On May 19, 2022


As you may recall, about two years ago, Space tourism startup Space Perspective announced its plan to send people to the edge of space aboard Spaceship Neptune, a balloon-borne pressurized capsule that’s scheduled to make its first test flights early this […]


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Former Disney CEO Bob Iger invests in $15 billion grocery delivery tech startup Gopuff
Daniel Levi Posted On May 19, 2022


Former Disney CEO Bob Iger is now a part-owner of Gopuff, a grocery delivery tech startup founded by two former Drexel University students Rafael Ilishayev and Yakir Gola. While the total amount of the investment was not disclosed, Gopuff said Wednesday […]


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Data Intelligence tech startup Near to go public via a $1 billion SPAC deal
Daniel Levi Posted On May 19, 2022


After a blockbuster in 2021, public mergers and acquisitions via special-purpose acquisition companies (SPACs) fell off the cliff in the first quarter of 2022. However, SPAC activities are beginning to take off again. Today, Pasadena, California-based privacy-led data intelligence startup Near announced […]


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8fig Provides Flexible Equity-Free Capital to Help eCommerce Businesses Level Up
Nickie Louise Posted On May 19, 2022


The past couple of years may have been difficult for businesses in general, but e-commerce companies saw a windfall of opportunities with most consumers shifting to online transactions. E-commerce is estimated to be 19.6 percent of the total global retail […]


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FTX, Liberty City Ventures lead a $20 million Series B investment in Web3 Dev Platform DoraHacks
Nickie Louise Posted On May 18, 2022


DoraHacks, the organizer of the global hackathon and one of the most active Web3 developer incentive platforms, has raised $20 million in funding led by FTX Ventures, the investment arm of crypto exchange FTX, and Liberty City Ventures. Other participants in […]


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SneakMart partners with StockX for its first Metakicks drop to bring sneaker NFTs to the Metaverse
Daniel Levi Posted On May 18, 2022


Non-fungible token (NFT) was previously written off as a fad. Now, the demand for NFTs has soared as tech heavyweights like Visa and other big tech companies threw their hats into the ring. 2021 was the year of the NFT as […]


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UK self-driving tech startup Wayve to use Microsoft ‘supercomputer muscle’ to process data generated by autonomous vehicles
Nickie Louise Posted On May 18, 2022


Autonomous vehicles generate as much as 40 terabytes of data an hour from cameras, radar, and other sensors, according to a report from Morgan Stanley. That’s equivalent to the amount of data an iPhone use over 3,000 years. Now one tech […]


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Net-zero is next-level greenwashing without supply chain emissions
Daniel Levi Posted On May 18, 2022


The case is crystal clear. Corporate action on carbon removal is an essential response to climate change. Without business buy-in, there’s fundamentally no chance of reaching the Paris Agreement objectives or the 2030 Sustainable Development Goals. That’s why carbon removal […]


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Mastercard launches biometric payment app that lets you pay with your face or hand in stores
Nickie Louise Posted On May 18, 2022


After many years of facial recognition payment being used in China, the technology is slowly making its way to the United States. Last year, payments giant Mastercard launched what it called Mastercard Biometric Card, a credit card that combines chip technology with […]


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Advanced materials tech startup Arieca raises $6.5M Series A to scale-up manufacturing of its Liquid Metal-based thermal interface material
Nickie Louise Posted On May 17, 2022


The semiconductor industry is currently facing acute heat and power issues. Miniaturization has led to increasing in the number of transistors on a single chip. However, as transistors become smaller, problems with heat dissipation and power consumption. That’s why one tech […]


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Uber launches robot food delivery in two California cities
Nickie Louise Posted On May 17, 2022


The world is changing right before our eyes. For decades, food delivery has been done by human workers. But that’s slowly changing. It’s no longer a matter of if but when human food delivery will be replaced by robots. Late […]


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