- May- 2021 -8 MayNews
Huawei is selling EVs in stores, may offset sinking phone sales
On Wednesday last week, Huawei began selling Chinese-made electric cars. These cars are equipped with Huawei’s powertrain system and in-car infotainment solution. The company said that this move could offset a drastic decline in its global handset business resulting from US…
- 7 MayNews
Kry telehealth tools use grows 100% & closes $312M Series D
Kry is a Swedish digital health startup, which offers telehealth service and software tools to connect clinicians with patients for remote consultations. It had managed to raise a €140M Series C just before the pandemic hit in Western Europe, in…
- 6 MayNews
BlaBlaCar raises $115m and says next financing could be an IPO
Carpooling and transportation marketplace BlaBlaCar has raised $115m, after coming out of 2020 that has been a year marked by Covid-19 travel restrictions relatively well. BlaBlaCar is a Paris-based company, which was founded in 2006. It became France’s first-ever unicorn in…
- 5 MayTop
13 mobility startups that will boom in 2021, according to VCs
European startups in the mobility space have been riding the SPAC wave. For example, car marketplace Cazoo, which listed on the New York Stock Exchange at a valuation of $7bn and air mobility startup Lilium, which recently announced it will list on…
- 4 MayNews
ByteDance to Take a Bite Out of Tencent?
ByteDance, the owner of TikTok, which has been attracting eyeballs to its viral apps is now trying to become an even bigger success in the gaming world too. The Chinese company’s latest game, One Piece: The Voyage, based on a popular…
- 3 MayNews
Bitcoin sales & environmental credits boost Tesla’s profits
With record sales and profits coming in from its electric cars (but not only, Bitcoin), Elon Musk’s Tesla made a strong start to the year. This has been made possible even after facing production hurdles due to the global shortage…
- Apr- 2021 -30 AprilNews
Europe’s space sector: Satellite launcher startup Isar Aerospace with exclusive deal
Founded in 2018, Isar Aerospace has produced its first rocket engine at the company’s headquarters in Munich. The engine is built entirely in-house. Daniel Metzler, the company’s CEO said, “It was a big moment for us”. However, it was an…
- 29 AprilDiscover
5 Health-Tech Startups you need to Watch in 2021
The pandemic might have been a nightmare for the whole world, but it sure did prove many things to humankind, reminding it of its fragile existence. It put our physical and mental health through a stress test and its results…
- 28 AprilNews
Ornikar – The French online driving startup raises 120$ millions
Ornikar, which was founded in Nantes in 2013, is a Paris-based driving education platform which has managed to raise a $120m Series C round after seeing an uptick in users since the pandemic began. The latest funding is led by KKR…
- 25 AprilNews
Outschool is the newest edtech unicorn
Outschool is a marketplace that provides virtual after-school activities for children. In a series C led by Coatue and Tiger Global Management, the company has raised $75 million. New value and the rapid growth with it With the new funding,…
- 24 AprilNews
MIT startup Pickle raises $5.75M for a package-picking robot
With the events of the past year, the Robotics industry has seen getting a lot of attention. Especially warehouse and logistics have been in the spotlight for the automation push as the businesses struggled to keep going while dealing with…
- 23 AprilNews
Coinbase opens at $381 per share, valuing the crypto exchange at nearly $100B
This week, Coinbase executed a direct listing after which the shares of a company opened for trade from a reference point of $250 to $381, a change of 52%. When the trade opened, Coinbase was valued at $99.6 billion on…
- 22 AprilDiscover
The ‘Iron Man’ body armor many of us may soon be wearing
Think about it…you, wearing the ironman like body armour, enhancing your physical abilities and becoming tireless. That might just be our near future. Real name and features Such technology is scientifically called an exoskeleton. In simple terms, an exoskeleton is…
- 21 AprilNews
Alibaba fined, delivery service price dumping
China’s top antitrust regulator, the State Administration for Market Regulation (SAMR), has fined the e-commerce giant Alibaba RMB 18.2 billion ($2.8 billion) on Saturday for “forced exclusivity.” Forced exclusivity is a practice where platforms force merchants to use only one…
- 20 AprilNews
Vanadium ion battery startup Standard Energy raises $8.9M Series C from SoftBank Ventures Asia
Standard Energy is a South Korea-based vanadium ion battery developer. IT announced today That it has raised an $8.9 million Series C from SoftBank Ventures Asia. Standard Energy was founded in 2013 by researchers from the Korea Advanced Institute of…
- 19 AprilNews
Messaging app Wire raises $21 million
Wire is an end-to-end encrypted messaging app and service. It has raised a $21 million Series B funding round led by UVC Partners. As the company said a couple of years ago, the company is focusing on the enterprise market more than…
- 18 AprilNews
Fleur Pellerin wants Europe’s entrepreneurs to go east
Fleur Pellerin is the former French minister and founder of Paris-based venture firm Korelya Capital. Her goal? She wants the European entrepreneurs to come towards east for new business opportunities. After more than four years of founding Korelya, she is looking…
- 16 AprilTop
Top 10 Startups to Watch in 2021
Dozens of brilliant ideas are being converted into great startups every single day. And it doesn’t look like the popularity of startups will slow down any time soon, especially in 2021. But with so many startups popping up every day,…
- 15 AprilNews
Rapid raises $12M for its manufacturing robotics
Today, the bay area-based Rapid Robotics announced a $12 million Series A round led by NEA. This has brought the company’s total funding up to $17.5 million. Existing investors Greycroft, Bee Partners, and 468 Capital also took part in the…
