News
Stay up-to-date with the latest news and developments in the world of startups and technology. Our News category features daily updates, company highlights, and essential information you need to stay informed about global innovation of the startup world.
- Sep- 2021 -6 September
German Automaker’s take on Solar Electric Vehicles
Electric vehicles are becoming more and more popular nowadays. But, Solar Electric Vehicles are in discussion as much. At least not in America yet. Some answers to these questions can be the perennial problem of the weight of solar panels…
- 5 September
Breef received funding from Greycroft worth $3.5M
Breef received funding from Greycroft worth $3.5M. The company wants to use it to continue developing “the world’s first online marketplace” for transactions between brands and agencies. The investment round was led by Greycroft. It was also joined by Rackhouse…
- 4 September
Real Estate Platform QuintoAndar raises $120M
The real estate platform, QuintoAndar has announced an additional $120M in less than 3 months of announcing its $300M Series E. Investors Greenoaks Capital and China’s Tencent co-led the round. Existing backers participate as well. After this injection, the startup…
- 3 September
AI startup Cardiomatics bags $3.2M
Poland-based health tech AI startup Cardiomatics has announced a $3.2 million seed raise to expand the use of its electrocardiogram (ECG) reading automation technology. The round is led by Central and Eastern European VC Kaya, with Nina Capital, Nova Capital, and Innovation…
- 2 September
Xiaomi acquires self-driving tech startup Deepmotion
Smartphone giant Xiaomi acquires Deepmotion, a Beijing-based startup that develops digital mapping technology for autonomous vehicles. This acquisition is Xiaomi’s latest move to build its own intelligent connected cars. Furthermore, an expansion into China’s auto sector could greatly expand Xiaomi’s…
- 1 September
Kuaikan raised funds worth $240 million
Tencent-backed online comic platform Kuaikan raised funds worth $240M in a new round of funding. According to its WeChat statement, Kuaikan claims that the round is the largest ever in China’s online comic industry. Why the investment matters? Kuaikan offers…
- Aug- 2021 -31 August
The Patcher: Open Beta for latest Pixelity Game
Pixelity Games announced that it has begun running the open beta test for its VR game The Patcher on Steam, and it will be officially launched within this year. Since its foundation in 2017, the company has focused on global…
- 31 August
Electric vehicle company Rivian filed for an IPO
The Electronic Vehicle startup, Rivian has filed for an IPO. Moreover, all the paperwork was done confidentially with the U.S. Securities and Exchange Commission. Furthermore, a host of institutional and strategic investors back the startup. These investors include Ford and…
- 31 August
PIS 2021, preparing for a hybrid exhibition
Korean Federation of Textile Industries is in preparation for the successful hosting of ‘Preview in Seoul 2021 (hereinafter referred to as PIS 2021)’ held at COEX (Halls A and E) in Seoul for three days from September 1 (Wed) to…
- 30 August
Seoul Try Everything festival fosters innovation for next startup unicorns
With the goal of making Seoul a global startup city, the Seoul Metropolitan Government has invested heavily in the creation of infrastructure for technology startups, investment in each growth stage such as nurturing talents, and establishment of a global network.…
- 30 August
Accounting platform Synder raises $2M
Co-founders of the accounting platform Synder, Michael Astreiko, and Ilya Kisel announced their seed round of $2 million from TMT Investments. This announcement came at a time when the co-founders are busy wrapping up their time at Y Combinator. The…
- 27 August
Revenue-based financing startup Jenfi raises $6.3M
Singapore-based financing startup Jenfi provides revenue-based financing of up to $500,000 with flexible repayment plans. Co-founder and chief executive officer Jeffrey Liu refers to this as the “growth capital as a product”.
- 26 August
Norway’s Gelato hits unicorn status and raises $240m
Gelato hits unicorn status after raising $240M and pushing its valuation up to $1.05bn. It is a Norway-based on-demand-print platform. The funding round was led by global private equity and VC firm Insight Partners. Along with SoftBank Vision Fund 2…
- 25 August
ConverseNow targets drive-thrus after $15M funding
Austin’s ConverseNow is a voice-based AI technology. Just after a year of raising a $3.3 million seed round, it has managed another funding. The startup got a cash infusion of $15M in a Series A funding round led by Craft…
- 24 August
Brex buys Weav, an API for commerce platforms
Weav is a startup developer of a universal API for commerce platforms. Brex has worked with Weav on multiple occasions before. Through all these times of working together, Brex buys Weav.
- 20 August
Don katsu without meat! SY Solution’s Meat Change showcases “Farmer Sowed Farm Katsu”
Farmer Sowed Farm Katsu released by Meat Change, an alternative meat brand of SY Solution (CEO Park Seo-young), was finally selected as the certified product in healing category in SEOUL FOOD AWARDS 2021 held in last July. Alternative food is…
- 19 August
POPCOZ releases Masclip that protects the inside of the mask
POPCOZ, the daily product manufacturing company, launched Masclip that protects the inside of the mask, and is applying for a patent. Masclip is a mask strap with clips. The strap can be freely adjusted using the aperture, so both children…
- 19 August
DynaMedic launch Large Bone Power Tool to lead the globalization of medical devices along with K-Bio wave
DynaMedic (CEO Choi Hyung-seop) specializes in electric handpieces for medical use. And will soon launch the Large Bone Power Tool, the flagship model of electric handpieces. Amid the rapid increase in medical demand for joint diseases due to the aging…
- 18 August
Rafa Rophe Revitalizing products made with natural ingredients and eco bio technology
This is the news that people who became tired of masks and scorching heat have been waiting for. Rafa Rophe (CEO Hwang Ki-cheol) has launched two types of essence, cream, and mist that help restore the skin’s ecology. Skin Ecology…
