Sterling Partners’ Education Opportunity Fund (EOF) announced today it is rebranding as Avathon Capital to better communicate its vision and investment approach. In conjunction with rebranding, the company also announced it has doubled its assets under management to $404 million […]
Good morning! Below are some of the top tech startup news for today, Monday, December 9, 2019. Amazon is blaming President Trump for losing $10 billion JEDI cloud contract to Microsoft. Let the blame game begins. Amazon Web Services (AWS), […]
Centana Growth Partners, a growth equity firm focused on the future of financial services, has closed $375 million for its second fund, Centana Growth Partners II, L.P. (“Fund II”) to expand its investments in innovative, high-growth companies across the financial services ecosystem. […]
Techcode, a global incubator and accelerator network with facilities and offices in 22 cities of 7 countries, launched an online B2B platform named TechBook to provide instant and trusted partnership opportunities for tech startups. The platform was launched in October to […]
Gismart, a leading developer and publisher of entertainment-focused apps and games, is investing $500,000 in Jambl, a Berlin-based music startup aspiring to become the largest social media platform for beat making music creators. The investment has been made within the […]
The prevalence of obesity was 39.8% and affected about 93.3 million of US adults in 2015~2016, according to data from U.S. Centers for Disease Control and Prevention (CDC). Gelesis is a Boston-based biotech startup developing therapeutics to safely treat obese, overweight, […]
Proteus Digital Health, a healthtech startup that develops digital medicines that collect and aggregate various behavioral, physiological and therapeutic metrics, now needs a lifeline after failing to close an expected $100 million financing round, according to a report from CNBC. […]
The Founder Institute, the world’s largest pre-seed startup accelerator, announced this week it signed a partnership agreement with NASA Ames Research Center, Moffett Field, to help startup founders connect to selected NASA software and technologies while providing a robust global network of startup resources. The accelerator […]
It’s the year 2025, the skies are now filled with flying taxis. When you look at science fiction movies, nobody thinks five years from now there will be people going to work in flying taxis. And that’s exactly what Lilium is on […]
A staggering amount of data is stored in the cloud. According to IDC, data stored in the cloud is projected to grow from 33 ZB in 2018 to 175 ZB by 2025. The cloud is now home to massive amounts of […]
Vroom, an automotive startup and online direct car retailer that simplifies car-buying experience, has closed $254 million Series H funding to further grow its e-commerce platform. The round, which was led by Durable Capital Partners LP, with participation from funds and accounts […]
Securitize, a San Francisco-based platform for creating and managing digital security tokens on the blockchain, has acquired BUIDL, the Japanese consulting and development firm for blockchain technology. The acquisition will help Securitize to accelerate its expansion in the region and […]
How big is the fashion industry? That’s the question everyone is asking. Depending on the scope and data you look at, the fashion industry is estimated to be worth $2.4 trillion, according to McKinsey Global Fashion Index released in 2017. For […]
Funding is the lifeblood of every startup. Veritas Genetics, the DNA startup which offered to sequence people’s genomes for rock-bottom price of $599, announcing it ceasing its US operations after it failed to raise a new round of financing and November data breach. […]
RaySecur, a security startup that helps companies, government agencies and celebrities to safely enhance mailroom security with next-generation threat detection technology, has closed a $3M seed round to scale within key market verticals and accelerate its growth strategy. The round was led […]
We are all familiar with traditional front-end content management system (CMS) like WordPress. But what about headless CMS? A headless CMS is a back-end only content management system (CMS) built from the ground up as a content repository that makes content […]
Bamboo Learning, an education-focused software and services startup with a mission to teach using voice-based devices, has raised $1.4 million round of seed financing to expand voice applications and content for education and entertainment. Backers include the Alexa Fund, Wavemaker Partners, […]
Good morning! Below are some of the top tech startup news for today, Thursday, December 5, 2019. Facebook Oculus quietly acquires Prague-based Beat Games to bolster VR gaming. Oculus, a company Facebook acquired in 2014 for $2 billion, has acquired […]
Financial crime is on the increase and bad actors are always a step ahead of most companies. In fact, 94% of companies say sharing intelligence is the key to tackling financial crime. But don’t because of the huge risk of […]
Figure Technologies, a FinTech startup transforming the lending experience for consumers through the power of blockchain technology, has closed has closed a $103 million Series C funding to expand its lending products and executive hires. The round, which was led by Morgan Creek […]
