French cloud computing services provider OVHcloud is planning to launch an initial public offering (IPO) as soon as Monday that could value it at more than $4.7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. […]
GitLab, the popular open-source code collaboration platform that enables developers to create, review, and deploy codebases, announced its initial public offerings on Friday. The company said it plans to list on the Nasdaq under ticker symbol “GTLB,” according to initial […]
Avalanche, a new blockchain tech startup that promises to offer the industry’s fastest smart contracts, has raised $230 million in a token sale to institutional investors led by Polychain and Three Arrows Capital. Avalanche is a smart contract-enabled cryptocurrency that also supports the proof-of-stake blockchain. […]
The FinTech industry is changing the face of finance and banking. Unlike in the past when companies only care about making profits, a new generation of leaders and a thriving ecosystem of startups are unlocking new possibilities to make broader […]
Popular video-game chat community app Discord has raised $500 million in new funding round five months after walking away from $10 billion sale talks with Microsoft. The deal values the company at about $15 billion according to a report from Bloomberg News but Discord […]
Prenetics, a Hong Kong-based genetic testing startup, is going public through a merger with Artisan Acquisition — a special purpose acquisition company (SPAC) — in a deal that will value the combined entity at $1.7 billion, the two companies announced Thursday. […]
As of 2020, there are over 40 million Hispanics of Mexican origin living in the United States, many of whom are unbanked or underbanked because of inadequate access to banking resources, including bank branches in their community, and access to loans with […]
App Annie is a mobile data and analytics platform tech startup founded 11 years ago by Bertrand Schmitt and Bjorn Stabell. App Annie is a leading alternative data provider for the mobile app industry. Its platform is used by more than 1 million users […]
Renewable energy generation is expected to account for more than half the world’s power supply by 2035, rising to 75% by the middle of the century. Over the years, the cost of lithium-ion batteries has decreased quickly and markedly, enabling […]
As the self-driving delivery service market heats up, Walmart, Ford, and Argo AI announced today they’re teaming up to launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C. As part of the pilot, the last-mile delivery service will […]
In 2018, Quek Siu Rui, the 26-year-old founder of Singapore-based Carousell turned down a $100 million offer for the startup he founded six years earlier. As we reported back then, Rui was offered $100 million for his startup that makes […]
Remitly, a cross-border remittance provider to customers, is planning to go public at a valuation of nearly $7 billion in its U.S. initial public offering (IPO), according to Tuesday’s regulatory filing with the U.S. Securities and Exchange Commission (SEC). The announcement comes a […]
For 40 years, the SoftBank Group has helped fund promising tech startup companies and founders around the world. In March 2019, Softbank created the $5 billion SoftBank Latin America Fund to partner with entrepreneurs and founders shaping the future of […]
Melio, a New York-based fintech startup that gives small businesses a way to digitally manage their business-to-business payments and receivables, today announced it has raised $250 million in late-stage funding round, tripling its valuation to $4 billion since the start […]
For far too long, life insurance has been inaccessible to many Americans, with 41 million Americans reporting needing but lacking policies. Now, one startup is aiming to disrupt the life insurance market and fundamentally change the industry by offering competitive […]
Chinese autonomous driving start-up DeepRoute.ai said today it has raised over $300 million in Series B funding to further research and development, expand its team, and scale automaker collaboration and fleet operation. The round was led by Alibaba Group, with participation from other investors […]
Early this morning, fake news about a partnership between the world’s largest grocer Walmart and Litecoin was circulating on social media. A number of media organizations including Reuters and CNBC sent headlines on the announcement. Now, Walmart just denied the news […]
With just nine months into 2021, Microsoft has acquired a total of nine companies, equating to one acquisition per month. Among them are Nuance Communications which Microsoft acquired In April. Others include Kinvolk, RiskIQ, CloudKnox, Peer5, and others. Now, Microsoft continues its […]
The InsureTech market is red hot with no sign of slowing down. In the past three years alone, venture investors have poured over $20 billion into the space, making it one of the highest growing sectors. One of the leading […]
Over the years, we’ve written many articles about bitcoin and how the world’s most popular cryptocurrency has become the most speculative digital asset with little to no utility in the real world partly due to its volatility, privacy, and other […]
