November 3, 2025
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SoftBank to lay off 30% of its global workforce after losing $50 billion in just 6 months
Nickie Louise Posted On September 29, 2022


In early August, Japanese giant SoftBank reported 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. Following a huge loss on his tech bets, SoftBank […]


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Israel’s digital-health startup Kahun lands $8M seed funding for the first AI engine for clinical reasoning for physicians
Daniel Levi Posted On September 29, 2022


In the last two decades, artificial intelligence (AI) has transformed the field of medicine and helped improve health outcomes and patient experiences. However, current AI tools for healthcare providers have failed to address current challenges and gain trust in the […]


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German eVTOL startup Lilium to build 400 unmanned flying air taxis in one year
Nickie Louise Posted On September 28, 2022


Just three years ago, we wrote about Lilium Air Mobility after the German air taxi developer unveiled a plan to introduce unmanned flying taxis by the year 2025. Now, it appears the company may be ahead of schedule. Today, Lilium announced […]


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Kaleidos, the startup behind open-source design software Penpot, raises $8M in funding two weeks after Adobe acquired rival Figma for $20 billion
Nickie Louise Posted On September 28, 2022


On September 15, Adobe agreed to buy online design startup Figma for $20 billion. Fast forward two weeks ago later, investors and venture capital firms are now pouring millions into open-source challenger Penpot, a collaborative design and prototyping platform developed by […]


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TIDEFI launches its Mainnet, DEX App, and unique TDFY Sunrise Pool Token Distribution
Daniel Levi Posted On September 28, 2022


Decentralized finance (DeFi) continues to gain adoption as mainstream users look for alternatives to traditional banks and financial institutions. Between 2020 and 2022, the DeFi industry grew by a massive 865%, hitting $254.99 billion in December 2021 by total value locked […]


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Italy’s fintech startup Satispay vaults to unicorn status after raising 320M euros to become the next leading payment network in Europe
Nickie Louise Posted On September 28, 2022


Italy’s mobile app payments startup Satispay becomes the newest to attain highly unicorn status after closing 320 million euros in a new round of investments, pushing the company’s valuation to over 1 billion euros ($955 million). The Series D round, which […]


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With $10M funding, VFR.ai plans to disrupt the ad industry with innovative CTV Tech
Nickie Louise Posted On September 28, 2022


For decades, television has been one of the most prominent and influential channels for advertisement. But in recent years, most performance-based advertisers avoid TV advertisements in favor of digital media and other quantifiable channels. The connected TV (CTV) penetration rate in the […]


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Fast Company hacked: Site shuts down after hackers exploited its CMS tool to send “obscene and racist” notifications to Apple users
Nickie Louise Posted On September 28, 2022


Fast Company, a U.S.based business media publication, was forced to shut down its site on Tuesday evening after hackers used the site to send “obscene and racist” notifications to Apple users via the iPhone maker’s Apple News service. The company […]


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Microsoft leads a $20 million investment in Web3 data warehouse startup Space and Time
Daniel Levi Posted On September 27, 2022


Venture capital firms and investors continue to pour millions into web3 startups despite the ongoing global economic downturn. Although venture funding has decreased in recent months, it has done little to slow down the momentum for web3 startups. Now, Web3-native […]


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VR concert platform AmazeVR lands $32M in Series B funding to usher in a new era of immersive concerts
Nickie Louise Posted On September 27, 2022


Immersive entertainment has grown in popularity in recent years, thanks in part to virtual (VR) and augmented reality (AR) glasses. In 2019, the immersive entertainment industry was valued at $61.8 billion. Today, the market is estimated to be around $65 billion. […]


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Crypto exchange giant FTX to acquire bankrupt Voyager’s assets for $1.42 billion
Nickie Louise Posted On September 27, 2022


Sam Bankman Fried-owned crypto exchange FTX is set to buy Voyager Digital’s assets after winning a bankruptcy auction. The embattled Voyager Digital said announced that FTX has won its assets in a $1.42-billion bid at an auction. FTX’s bid was valued at nearly […]


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Wasabi becomes a unicorn with $250M funding to usher in a new era of cloud storage and take on Amazon S3
Nickie Louise Posted On September 27, 2022


Hot cloud storage startup Wasabi Technologies is the newest to attain the highly unicorn status after closing a new financing round. Today, Wasabi announced it has closed $250 million at over $1.1 billion valuation, making it the latest member of the highly […]


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The US approves Geeq’s security and scalability patents
Nickie Louise Posted On September 27, 2022


In 1991, scientists Stuart Haber and Scott Stornetta described for the first time a cryptographically secured chain of blocks. Then in 1998, Satoshi Nakamoto released a white paper establishing the model for blockchain technology, which now serves as the underlying technology behind […]


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Auros partners with Pyth Network to deliver high frequency on-chain data
Daniel Levi Posted On September 27, 2022


Algorithmic trading and market-making tech startup Auros has partnered with the Pyth Network to deliver real-time, high-frequency data on-chain. Built on Solana, Pyth is a next-generation oracle platform that delivers real-time on-chain market data. It is designed to provide trusted and […]


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Checkmate bags $5 million in Seed funding to help you discover great deals from popular brands
Nickie Louise Posted On September 26, 2022


In 2021, PayPal bought the shopping and rewards startup Honey for $4 billion. Honey was created to help consumers save time and money. As of the time of the acquisition, Honey had over 10 million users worldwide to shop in over […]


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London-based crop monitoring startup PlanetWatchers raises $11M to support crop insurers and drive its expansion plans
Nickie Louise Posted On September 26, 2022


We covered PlanetWatchers In June 2021 after the London-based geospatial intelligence startup raised $3.5 million in Series A funding to provide Analytics as a Service (AaaS) to the crop insurance industry. The round was co-led by Seraphim Capital and Creative Ventures, […]


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Cloud gaming tech startup Well-Link lands $40M in Round-B2 financing led by Singapore’s Temasek
Nickie Louise Posted On September 26, 2022


Well-link Technologies, a Chinese cloud gaming service provider, announced Monday it had raised $40 million in an early-stage or B2 funding round led by Singapore state investment firm Temasek. Temasek also confirmed the deal in an email. Despite the difficulties faced by Chinese startups […]


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Cynomi’s Automated vCISO Platform Offers a Revolutionary AI Solution to the Cybersecurity Market
Daniel Levi Posted On September 25, 2022


The cyber security industry is constantly facing new and evolving threats, and businesses are struggling to keep up. As a result, the global cost of cybercrime is increasing exponentially and is expected to reach $10.5 trillion USD annually by 2025. […]


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How VR Healthcare is Pioneering a Healthy Future
Daniel Levi Posted On September 23, 2022


The emergence of virtual reality technology has had a profound impact across an array of industries – perhaps none more so than that of healthcare in recent years. Now, as the vast potential of the metaverse edges closer to reality, […]


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EV startup Faraday Future struggles to raise funding for its FF 91 luxury electric car, blames it on ‘misinformation campaign’
Daniel Levi Posted On September 23, 2022


Due to the ongoing global economic downturn, tech startups are finding it increasingly difficult to raise venture capital to fund their projects. The recession and slow economic growth are forcing startups to lay off some of their employees and freeze […]


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