At last, Theranos, a privately held health technology founded in 2003 by then-19-year-old Elizabeth Holmes, is finally shutting down. Yesterday, Theranos announced in an email to investors that it would cease operations and release its assets and remaining cash to creditors. Most […]
Good morning! Here are some of the top tech startup news stories for today, Wednesday, September 5. AI could deliver $13 trillion in additional global economic activity by 2030. According to a new research from McKinsey Global Institute, Artificial intelligence could contribute […]
Palmetto, a leading clean technology software and fulfillment company, has raised $6 million in funding to broaden the reach of its Alchemy software product. The latest round was led by Greycroft, with participation from Lerer Hippeau, Box Group, and NBA commissioner emeritus […]
Construction is a $10 trillion industry and one of the global economy’s biggest sectors, according to the 2017 McKinsey Construction Report. For an industry built on collaboration — between owners, project managers (PMs), architects, engineers, contractors and subcontractors — construction workflows remain […]
German reinsurer Munich Re has acquired internet of things (IoT) middleware startup Relayr in deal worth $300 million. The acquisition was done through Munich Re’s subsidiary, Hartford Steam Boiler (HSB) and will help advance the company’s IOT strategy. The joint business […]
Good morning! Here are some of the top tech startup news stories for today, Tuesday, September 4. German reinsurer Munich Re buys IoT middleware startup, relayr, in deal worth $300 million. German reinsurer Munich Re announced Tuesday it plans to acquire […]
Bibox, the first ever AI-driven digital asset trading platform, today announced the launch of a one-stop solution for the best blockchain projects. BiboxLab is an incubator, accelerator and an international blockchain hub. Bibox co-founder, Aries Wang, made the official announcement at the 2018 Blockchain […]
Good morning! Here are some of the top tech startup news stories for today, Monday, September 3. China startup Meituan Dianping filing for IPO at $55 billion valuation. Meituan Dianping, a Tencent-backed startup that offers services similar to those of Yelp, […]
London-based travel startup Duffel has raised $4.7 million to expand their engineering team in London as they seek to build one of the most technically sophisticated startups in Europe. The round was led by Blossom Capital with participation from The Crankstart […]
Good morning! Here are some of the top tech startup news stories for today, Friday, August 31. Satellite Startup Swarm Is Back Online After Defying US Officials. Satellite startup, Swarm Technologies, launched into space over objections from the FCC. Now it’s […]
Diffbot, the first profitable AI startup on record and a provider of knowledge-as-a-service to power intelligent applications, today launches Diffbot Knowledge Graph (DKG), a database of all of the knowledge on the Web, collected and connected into a single, structured source of data, […]
Pagaya, a U.S.-Israeli financial technology startup that uses machine learning and big data analytics to manage institutional money, has raised $14 million in a private funding to grow its 20-person-strong investment team of high-caliber data scientists and AI specialists, build […]
Zadara, a provider of zero-risk enterprise cloud storage, has raised in $25 million funding round to accelerate growth, including expanding its worldwide sales, dev-ops and engineering teams as well as its service provider partner channel. In addition, the funds will […]
Good morning! Here are some of the top tech startup news stories for today, Thursday, August 30. Apple quietly buys Akonia Holographics a startup that makes lenses for augmented reality glasses. In a signal that Apple has ambitions to make […]
NewKnowledge, a cybersecurity company that protects brands and corporations from covert, coordinated disinformation campaigns, has raised $11 million in a Series A funding to expand its sales and marketing to scale in new markets and to establish itself as the […]
With more than 5 million leases across the small- to mid-tier commercial real estate market, most property owners still utilize spreadsheets to keep track of buildings and tenants, thus creating a lack of transparency and communication between both parties. We live […]
Soft Robotics, an industrial automation startup that designs and builds soft robotic automation systems that can grasp and manipulate items of varying size, today announced the launch of its company’s first customizable gripper system developed specifically for collaborative robot space. With […]
AirTM founders Ruben Galindo and Antonio Garcia have lived through the chaos and uncertainty caused by the devaluation of local currency, inflation, and isolated bank networks that make it difficult to move money into or out of the country. Their […]
Good morning! Here are some of the top tech startup news stories for today, Wednesday, August 29. Andreessen Horowitz invests $102 million in Dfinity, a blockchain start-up building the “world computer.” Dfinity, a blockchain start-up building the “world computer,” has raised […]
Zscaler, the industry’s first Security as a Service platform company, has acquired the market-leading artificial intelligence (AI) and machine learning (ML) technology and the development team of stealth security startup TrustPath. Financial terms of the acquisition were not disclosed. The acquisition […]
