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.
- Jun- 2021 -29 June
Klarna becomes the second most valuable fintech
Klarna just became the second most valuable fintech startup in the world. It had raised $639m in fresh money at a $45.6bn post-money valuation.
- 28 June
Manbang seeks to raise up to $1.6 billion in US IPO
Manbang is the Chinese name of Full Truck Alliance Co. It is an Uber-like trucking startup. It is looking to raise as much as $1.57 billion in an initial public offering. This would make it one of the biggest U.S.…
- 27 June
SoftBank invests in Betterfly in a Funding Round
SoftBank Group Corp invests in Betterfly. It is a major investor in the Latin American startup scene. Recently, it has made its first investment into a Chile-based health company, Betterfly. It was worth a $60 million funding round. More on…
- 26 June
Apna raises funds worth $70 million
Indian startup Apna raises funds in order to help daily-workers in India to secure jobs. Many people have lost their jobs during the pandemic and India is no different. With millions of people losing their employment, Several economic activities have…
- 23 June
Chinese ride-hailing giant Didi files for US IPO
Chinese ride-hailing platform Didi files for US IPO. It plans to trade on either the New York Stock Exchange or Nasdaq.
- 22 June
Alibaba Cloud to build Livestream shopping platforms
In a bid to use its experience in the field of Livestream shopping platforms, Alibaba Cloud has offered to make some, for its global clients.
- 21 June
How iLoF turns blood into a fingerprint library
iLoF turns blood into digital fingerprint library by creating database of disease subtypes to help clinical trials become faster and cheaper.
- 20 June
ByteDance wrestles with Tencent over link blocking
ByteDance wrestles with Tencent by writing a post expressing its anger on Tencent's link blocking activities that have resulted in lack of user sharing.
- 19 June
Aurora to merge with Y – talks in the final stage
Autonomous vehicle startup Aurora is in talks to merge with Y, a newest SPAC, and reinvent technology partner.
- 18 June
SentinelOne files for $100M IPO
AI cybersecurity provider SentinelOne files for an IPO on the New York Stock Exchange (NYSE). it uses AI and machine learning for security,
- 17 June
Tesla’s China Sales Bounce Back
Tesla's sales bounce back in China, in May after facing a short slump when a customer protest. But it might be too early to tell for sure.
- 16 June
Short Shots – JD revenue grows 39%, Alibaba-backed new retail eyes IPO
While JD.com grows in the Q1 of 2021, showing great revenue, an Alibaba backed new retail, Huitongda, eyes for Hong Kong IPO for $1 billion.
- 15 June
Pinduoduo beats revenue expectations
Pinduoduo beats revenue expectations for the first quarter of 2021 and is getting ready for heavy investment in agriculture research.
- 8 June
QuintoAndar lands $300M at a $4B valuation
Brazil’s proptech QuintoAndar lands $300 million in a Series E round of funding that values it at an impressive $4 billion.
- 7 June
MotoRefi gets $45M led by Goldman Sachs
In another round of investment led by Goldman Sachs MotoRefi gets $45M, just 5 months after $10 million were put into the fintech startup.
- 6 June
Alibaba Cloud Prepares for future with RISC – V
Alibaba Cloud prepares Apsara Operating System compatible with other architectures using RISC -V. This may mean future chip independence.
- 5 June
China on Mars: Zhurong rover returns first pictures
As the rover lands on the Red Planet, China releases the very first pictures of the view captured by Zhurong on its website. Front view from the space vehicle The forward view shows the landscape ahead of the robot as…
- 4 June
British AI startup Faculty raises $42.5M
British AI startup, Faculty, has raised $42.5. million in growth funding from the Apax Digital Fund. It has raised $56.6 million to date.
- 3 June
Liquid Instruments raises $13.7M for its education 8-in-1 engineering gadget
To be an engineer, it takes an understanding of multiple tools like voltmeters, etc. But what if all these tools can be combined into just one? One such gadget has been created by Liquid Instruments. Moku:Go combines several commonly used…
