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 -21 September
Cao Cao mobility secures $590M in Series B
Cao Cao Mobility is the ride-hailing unit of Chinese private automaker Geely. It announced that it had raised RMB 3.8 billion ($589 million) in a Series B from investors led by a group of state-owned enterprises. The move came two…
- 20 September
CookUnity closes a $47M Series B Round
CookUnity is a Chef-prepared, small-batch meal delivery startup. Mateo Marietti is the founder and CEO of the company. The startup is undergoing a major expansion after closing a $47 million Series B round. The round was led by Insight Partners. It…
- 19 September
Ola Electric in talks to raise at over $2.75B valuation
Ola Electric is in advanced talks to raise between $250 million to $500 million in a new financing round. This comes when the Indian firm looks to scale its electric vehicle manufacturing business in the South Asian market. Details about…
- 18 September
Slush 2021 to be physically in Helsinki on Dec 1–2
Finally, after a year of hiatus, Slush 2021 will physically be in Helsinki. It will host an in-person startup event in Helsinki on December 1–2, 2021. This year 3,200 startup founders and operators are expected to be there. Furthermore, 1,500…
- 17 September
15 Remote work startups to watch for in Europe
Distant work startups have attracted investments from distinguished traders. A distant jobs platform based in Portugal acquired $150m in its Sequence B funding spherical led by Accel. To delve into more detail about the remote work startups, we have compiled the views…
- 16 September
Solar-powered aircraft developer Skydweller Aero adds $8M to Series A
Planes eventually have to land. Skydweller Aero, a U.S.-Spanish aerospace startup has the vision to break free from these constraints. They plan to do so by developing an autonomous solar-powered aircraft. The company says that it will eventually be capable…
- 15 September
Snyk gets another investment of $530M
Snyk gets another investment of $530M as its valuation rises to $8.5B. It is a Boston-based late-stage startup that is trying to help developers deliver more secure code. Out of the $300 million in new money and $230 million in…
- 11 September
Rutter gets funding worth $1.5M
Rutter is a remote-first company. It is developing a unified e-commerce API that enables companies to connect with data across any platform. Last week it was announced that Rutter gets funding worth $1.5 million and was emerging from stealth. The…
- 10 September
Self-driving startup Qcraft secures $100M investment
Self-driving startup Qcraft is an autonomous vehicle startup backed by several prominent investors. It announced on Monday that it had secured a $100 million investment. Investors include YF Capital, a private equity firm founded by Jack Ma, Longzhu Capital, the…
- 9 September
Job offer management platform Compa gets $3.9M
Job offer management platform Compa has managed to emerge from stealth with $3.9 million in seed funding led by Base10 Partners. Participation in the round also came from Crosscut Ventures and Acadian Ventures. As well as a group of strategic…
- 8 September
SenseTime heads for IPO on Hong Kong exchange
Chinese artificial intelligence start-up SenseTime heads for IPO. Despite the withdrawal of its stock market listing plans by its mainland peers, it is listing in Hong Kong. This was done in response to growing crackdowns on Beijing’s tech sector. More details on…
- 7 September
Stonehenge Technology Labs bags $2M
Stonehenge Technology Labs collects data. And it wants consumer packaged goods companies to gain meaningful use from it. The company announced $2 million in seed funding for its STOPWATCH commerce enhancement software. The round was led by Irish Angels, with participation…
- 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…
