Kim Beom-seok, also known as Kim Bom, was born in Seoul, South Korea. Just like all immigrants chasing the American dream, Kim left South Korea with his parent at the age of 7. At age 13, he went to boarding school […]
Statista predicts that total global e-commerce sales will reach $6.5 trillion by 2023, with cross-border purchases projected to account for 22 percent of total e-commerce worldwide. Yet brands and retailers still struggle to offer customers a shopping experience that feels […]
Sequoia Capital, a Silicon Valley VC heavyweight that is focused on energy, financial, enterprise, healthcare, internet, and mobile startups, has closed $3.35 billion to invest in U.S. and Chinese startups. The new funding was revealed as part of amendments to prior disclosures by […]
Good morning! Below are some of the top tech startup news for today, Wednesday, December 4, 2019. Kustomer scores $60M in Series E funding to accelerate its global footprint. Kustomer, a NYC-based SaaS enterprise customer service platform, raised $60m in Series […]
Applied Systems, a provider of insurance software in agency management systems, announced it’s acquiring Indio Technologies, a workflow management platform for P&C insurance applications and renewals. The deal aims to accelerate digitization in the insurance industry, which will provide customers with a […]
With over 300 million users worldwide, Duolingo is currently the most popular language-learning platform and the most downloaded education app worldwide. Today, the edtech startup announced it has closed a $30 million Series F funding round for continued investment into the research […]
Loyal Valley Capital (LVC), a private equity firm that invests in middle market companies in China, announced yesterday that it has closed $465 million for Loyal Valley Capital Advantage Fund II LP (“LVC USD Fund II”). The funding includes $440 millions […]
Imagine if you could create the Hydrogen Economy out of waste greenhouse gas emissions. That’s exactly what ReCarbon, a Silicon Valley greentech startup, is doing. ReCarbon is turning greenhouse gases into hydrogen, and syngas. Yesterday, ReCarbon announced it has secured $7 million […]
Venous reflux disease, also known as chronic venous insufficiency (CVI). CVI is a progressive medical condition affecting more than 40 million adults in the United States alone. Venclose is a Silicon Valley medical technology startup developing next-generation solutions for the […]
We’ve written about Xometry before, which you can check out here. The Maryland-based Xometry is the world’s largest marketplace for On-Demand manufacturing. Today, Xometry announced it has acquired Munich-based Shift, the largest On-Demand manufacturing marketplace in Europe. Through the acquisition, Xometry will […]
Softbank is on fire. The third quarter lackluster performance result did nothing to stop the Japanese giant from investing in high performance startups. Today, Mexico’s fintech startup Konfio announced it has raised $100 million funding led by SoftBank. This is Konfio’s fourth […]
Gong, a U.S.-Israeli startup that develops speech recognition technology that provides sales representatives with real-time insights into their interactions with customers by analyzing recorded phone calls, announced today it has raised $65 million investment to grow its Sales Conversation Analytics platform. The […]
Last year alone, about 8 million patients in the United States underwent brain MR scans. However, patient movement during the procedure has invalidated just under 20% of those scans, costing up to $4 billion in unnecessary costs while also posing […]
With global’s effort towards sustainable energy, Japan has been relying on its offshore wind power to produce renewable energy on a massive scale domestically via the installation of wind power generators right off the coast or further out in the sea. […]
Harlem Capital Partners (HCP), an early-stage venture capital firm that is focused on investing in minority and women founders in the United States, today announced the closing of Harlem Capital Partners Venture Fund I, LP at $40.3 million (“Fund I”). […]
The payday loan industry is a $40 billion market. Roughly 2.5 million American households, about one in 50, use payday loans each year, according to government statistics. The typical loan is $350, lasts two weeks, and costs $15 for each […]
Good morning! Below are some of the top tech startup news for today, Monday, December 2, 2019. Cyber Monday shoppers on track to hit a record $9.4 billion, Adobe Analytics says. As of 9:00 a.m. New York Time, Cyber Monday […]
As technology increases, the tolerance for human-error decreases. As a pet owner, having to concern yourself with who your dog-walker is, or isn’t, or if your dog will be safe at home when you arrive from work, should not be an […]
Breed Reply, a London, England-based Internet of Things (IoT) investor, announced today that its investee companies have attracted $194 million (£150m) in investments with over 30 institutional and industrial investors from across Europe, the United States and Asia co-investing with […]
Fovia Ai, a provider of artificial intelligence cloud-based medical imaging solutions for picture archiving and communication system (PACS) companies, today announced the release of XStream aiCockpit and XStream aiPlatform, to provide radiologists and clinicians access to customized AI-driven workflows and visualizations. A spin-off of […]
