We wrote about PillPack back in April when Walmart made the move to buy the online pharmacy startup pharmacy, for under $1 billion. Now, Amazon has outmaneuvered Walmart to acquire the 5-year old online pharmacy startup PillPack. Amazon said today it plans […]
With advances in robotics and artificial intelligence, the manufacturing industry is still facing a lot of challenges. One of the problems product designers, engineers and procurement officers face is that, it’s too difficult and time consuming to find the optimal […]
The life insurance industry is a $650 billion market. While the US economy, job market and home ownership rates, wages and the population as a whole continue to grow, life insurance policies sold in the US are declining. The share of […]
DevOps, a set of practices that automates the processes between software development and IT teams, in order that they can build, test, and release software faster and more reliably. The global DevOps market size is expected to reach USD 12.85 billion […]
Good morning! Here are some of the top tech startup news stories for today, Wednesday, June 27. Google sister company, Calico and drug giant invest another $1 billion to cure age-related diseases. Google sister company Calico and drug giant AbbVie are […]
Matternet, the Menlo Park, California-based autonomous drone delivery startup, has raised $16 million in Series A funding to expand its U.S. and global operations in urban environments. The latest round was led by Boeing HorizonX Ventures, with participation from Swiss Post, Sony Innovation […]
CoverWallet, an online platform that makes it easy for small businesses to understand, buy, and manage insurance onlin, today launched the first API for commercial insurance. With the new easy-to-integrate CoverWallet API, developers and businesses are now able to easily integrate […]
German carmaker Audi AG, through its Autonomous Intelligent Driving GmbH (AID), has partnered with Israeli-based autonomous vehicle simulation platform provider Cognata, to speed up the development of autonomous vehicles, the Israeli-based startup announced today. AID chose Cognata’s solution, which leverages […]
Good morning! Here are some of the top tech startup news stories for today, Tuesday, June 26. Celonis, a bootstrapped data mining startup started by three German students, is now worth $1 billion plus 5000% growth. Who says VC is […]
Ping Identity has acquired API cybersecurity provider startup, Elastic Beam. The company made the announcement today at the Identiverse conference in Boston. In addition, the company also announced the launch of its PingIntelligence for APIs. The new AI-powered solution brings an […]
Just three months after its successful funding round $20 million funding, the UK-based BABB (Bank Account Based Blockchain) announces today it’s launching equity crowdsale. BARB is a financial venture that uses blockchain technology and biometrics to offer access to banking services […]
Over the last 30 years, enterprise software has centered around digitizing systems of record, but has always put the burden of data entry and consumption on the user. By leveraging artificial intelligence running on edge devices, companies now have an […]
AT&T announced Monday that it has agreed to acquire digital advertising platform startup AppNexus for $1.6 billion. The transaction, which is expected to close during the third quarter of 2018, is subject to customary closing conditions. Until the transaction closes, each […]
Good morning! Here are some of the top tech startup news stories for today, Monday, June 25. Chinese electric car startup NIO raises about $2.2 billion from Tencent Holdings and others. Tencent and 50 other investors have bet on NIO, the young Chinese […]
Happy weekend! Here is a roundup of the top startup news of the past week. Please subscribe to the TechStartups Newsletter using the form at the right corner of this page, if you want this weekly update in your inbox […]
To enable advanced driver-assistance systems and autonomous driving, today’s cars are becoming supercomputers on wheels. Based on high-resolution sensor data, intelligent decisions can be made in real-time. But car makers are facing the problem to implement this demanding software on […]
Ameren Corporation, a Fortune 500 and American power company, has selected six startup companies have been selected to come to St. Louis to participate in the 2018 Ameren Accelerator program. The program is an innovative public-private partnership with the University of Missouri […]
Global technology powerhouse, Siemens, has acquired semiconductor startup, Austemper Design Systems, to strengthen it mentor integrated circuit (IC) design and verification technology for automotive, enhances ISO 26262 functional safety testing via Siemens’ digital twin offering. The acquisition builds upon Siemens’ digitalization strategy […]
Newchip, an investment marketplace, has raised $2 million seed funding round. The funding was led by institutional investments from fintech specialists JadeValue Fintech, Yeoman’s Capital, Spunik ATX, Youbi Capital, and Polymath. The startup also announced it has exceeded 50,000 individual […]
As new organizations move to the cloud, older and traditional organizations are still burdened with legacy applications that are tightly integrated in a point-to-point fashion, which makes it difficult to innovate. Some of these applications were written in COBOL, Pascal […]
