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.
- Oct- 2021 -26 October
[Entrepreneurship to Save the Earth] Picopico paper box fixing device “Butigo”
Since 2020, as the strings and tapes disappeared from the self-packing corners of large markets, the lower part of the paper box opens and cause the items in the box to spill. Is there a way to resolve this? Maybe…
- 25 October
[Earth-protecting Entrepreneurship] Alfred cat litter with coffee grounds “Cassava Black”
As of 2018, the annual consumption of coffee by adults in Korea is 353 cups per person, showing how much Koreans love coffee. But, on the other hand, 1,150 tons of coffee grounds are created per year. When coffee is…
- 21 October
Aurora Propulsion Technologies closes €1.7M seed
Aurora Propulsion Technologies is one of a handful of startups that have emerged in the past few years to help simplify the problem of spacecraft propulsion. Why is it important? Recently we have seen that more spacecrafts are being sent…
- 20 October
Meituan got fined $534 million for antitrust violations
Friday headlines revealed that Chinese food delivery giant Meituan got fined by the country’s top antitrust regulator. A hefty RMB 3.4 billion ($534 million) was fined on Chinese food delivery giant Meituan for antitrust practices. Reason behind Meituan getting fined…
- 19 October
Flippa raises $11M in Series A Round
Flippa is an online marketplace to buy and sell online businesses and digital assets. It announced its first venture-backed round. This was an $11 million Series A. Flippa sees over 600,000 monthly searches from investors looking to connect with business…
- 18 October
Top 5 startups in Portugual
Despite its small size and population Portugual is capable of big projects. You know how they say, big things start with small steps. The odds are in favor of Portugual as the country. Indeed, the country is doing a lot…
- 15 October
Ola Electric raises funds worth $200 million
Ola Electric raises funds over $200 million in a new financing round. It is at a valuation of $3 billion. This figure is up from $1 billion two years ago, as it looks to scale its electric vehicle manufacturing business in…
- 14 October
Goldrabbit Kickstart customized modular coding robot MAUNZI!
The customized modular coding robot MAUNZI developed by Korea’s robot startup Goldrabbit will be launched for funding through the US crowdfunding Kickstarter.MAUNZI stimulates children’s imagination through a wide range of motion implementation methods and infinite expandability. Thanks to this, it…
- 13 October
Energize Ventures raises $330M in Fund II
Energize Ventures is an early and growth-stage venture fund. It has announced the closing of its second fund with total capital commitments of $330 million. Fund II will be used to help scale and commercialize software across renewable energy, mobility,…
- 13 October
International Day for Failure: a global discourse “Failures and Rechallenge”
Marking the “International Day for Failure” on October 13, experts and officials from related fields will join together to discuss failure and rechallenge. On this occasion, the Ministry of the Interior and Safety (MOIS, Minister Jeon Hae-cheol) and the Ministry of SMEs and Startups (MSS, Minister…
- 12 October
Top 5 startups in Poland
Despite European countires like Germany or Holland steal the spotlight to their neighbors, sometimes this cliché is disproved. When it comes to innovation, sometimes we have to recognize that the spotlight can shine somewhere else. Poland has had a massive…
- 11 October
Geely’s Volvo cars filing for IPO
China’s Zhejiang Geely Holding Owns the Swedish carmaker Volvo Cars. It said on Monday that Geely’s Volvo cars is filing for IPO and will list on the Nasdaq Stockholm exchange. This transaction is expected to raise up to $2.9 billion…
- 10 October
Top 5 cool augmented reality applications
We have already seen how augmented reality (AR) can impact our lives in the near future. However, a few of us know that it is not a future thing. Some AR applications are already up and running in the world.…
- 9 October
Keenon gets $200 million in round D
Keenon is a Chinese server robot maker. It recently announced that it received $200 million in Series D funding. This round was led by returning investor SoftBank. Furthermore, according to Keenon, this is the largest funding ever in the service…
- 8 October
XTransfer becomes a unicorn after $138M Series D
XTransfer is a Chinese cross-border financial and risk management services provider. It recently announced that it raised $138 million in Series D. Since this round, the fintech firm has become a unicorn. An unlisted startup valued at$1 billion or more…
- 7 October
ByteDance to launch domestic music streaming app
Chinese media 36Kr reported that the Chinese tech giant ByteDance is developing domestic music streaming app for the Chinese market. It further stated that the company plans to launch the app later this year. Why it matters Major tech heavyweights dominate most…
- 6 October
Deeproute.ai gets $200M investment from Alibaba
Deeproute.ai is a Chinese self-driving car startup. It recently announced that it had raised more than $300 million in a Series B led by Alibaba. The investment is perhaps Alibaba’s most significant move in autonomous driving. Deeproute.ai develops software for…
- 1 October
5 Impact Startups at Web Summit 2021
The Web Summit stands for its dedication to achieving United Nations Sustainable Development Goals. Therefore this year they’re celebrating impact startups.
- Sep- 2021 -30 September
Web Summit 2021 is coming in person this November
The Web Summit is Europe’s biggest tech conference. It will return as an in-person event in Lisbon this November. Organizers also confirmed the same on Wednesday. The event was held online last year due to the COVID-19 pandemic. How is…
