Startups

Exotec has raised total funding of $335 million in Series D to raise the company valuation to $2 billion. The project is led by Goldman Sachs’ Growth Equity to partially automate the logistics of a regular warehouse. Also, the company plans on providing...

Airbnb's IPO took off for the first time on Thursday, December 10, and it has been a massive kickstart! This is the start of their trading journey, and the famous home-rental company managed to close the shares at $145, with a $100 billion...

VSPN, Versus Programming Network, a Chinese eSports startup company, announces that it has raised $100m in its series B funding round. The funding round was led by Tencent Holdings, followed by other investors Tiantu Capital, SIG (Susquehanna International Group), and Kuaishou, with Lighthouse...

BIMA is one of the top growing health and insurance organizations, based in London and Stockholm. The startup now serves more than 35 million people in 9 different emerging markets from Asia and Africa. Since the rise of COVID and the significance of...

VMware, a well known American publicly traded software company, has announced its intent to acquire Lastline, an anti-malware cybersecurity company, for research and to yield innovative security capabilities. The deal will close by July 31, and the startup has not disclosed much about...

Dark Sky, a popular hyperlocal weather app and data collection service, has joined Apple to reach far more people with far more impact than ever thought. Dark Sky is one of the most accurate information sources of hyperlocal weather information providing down-to-the-minute forecasts...

Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has funded $400 million into Pony.ai, followed by Sequoia, KUNLUN, IDG Captial, and ClearVue Partners. The...

Snap Inc, the parent company of Snapchat, has launched the third cohort of its Yellow accelerator program. The program, debuted in 2018, was started to bring in creative minds and entrepreneurs to build great media companies for the next generation.  The main aim of...

Chroma Labs has officially announced that the company is shutting down its business immediately, and the team is joining Twitter.  Kayvon Beykpour, the product lead at Twitter, confirmed the news of acquisition in his tweet saying Chroma Labs squad is joining its product, design, and engineering team for...

HopSkipDrive, a Los Angeles based transportation company for children, has received a  $22 million in funding in the latest round. The round, largest yet, saw participation from 15 investors which include Cyrus Capital Partners, State Farm Ventures, Upfront Ventures, and FirstMark Capital. The...