#startup

Exotec Raises $335M to Eliminate Human Error

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...

WeRide raises $200m

WeRide, as per its reporting on Wednesday, stated that it has raised $200 million through a long-term, mega-investment in Chinese bus maker Yutong. WeRide is one of the most – funded startups that has bought differentiation into the market...

Chroma Labs has officially joined Twitter. Is Twitter coming up with its own Stories?

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,...

Facebook acquires PlayGiga to jump into cloud gaming

Facebook has acquired PlayGiga, a startup focused on cloud video games, as reported by CNBC. PlayGiga has one of the advanced video game streaming platforms in Europe. PlayGiga, based in the Spanish city of Madrid, has been working on online...

Apple acquired image processing startup Spectral Edge

Apple has acquired Spectral Edge, a startup with technology that improves photos taken on smartphones. According to a report by Bloomberg, the startup based in Cambridge, UK, has made some filings public on Thursday, which shows Apple has acquired the company. Peter Ronald...

WeWork’s CTO is leaving the company

WeWork’s Chief Technology Officer Shiva Rajaraman has decided to step aside from his designation. He will remain in office for three months transition period, reported by Business Insider. Shiva Rajaraman joined WeWork in 2017 and lead the technology team, with...

Asana, founded by Facebook co-founder, may go public next year

Asana, a team management app founded in 2008, is planning a direct listing as it aims to go public next year, according to a report by Miles Kruppa on Financial Times. It was founded by Dustin Moskovitz, who co-founded Facebook with Mark...

Counter Strike champs ‘Astralis’ going for first ever esports team IPO

Astralis, one of the leading esports brand and the world's number one Counter-Strike: Global Offensive team is all set to become the first publicly listed esports company. The team has won millions of dollars in the form of tournament prizes.  Now operating as...

Clothing startup Vinted receives $140 million in funding at $1 billion valuation

The second-hand clothes marketplace 'Vinted' has raised $140 million in Series-E at a value of over $1 billion. Founded and headquartered out of Vilnius, Lithuania, this used clothing startup is the first tech unicorn popping from the tiny...

Paytm raises $1 billion in the latest funding round

Indian financial startup Paytm has secured a funding of $1 billion in the latest funding, as reported. Paytm was valued $15 billion in 2019, and over 400 million people in India use its services. The company raised $1.4 billion from SoftBank...

Latest News

Is Elon Musk’s Reign The End of Twitter?

Elon Musk isn’t a personality who’s new to controversy. Even when he wasn’t Twitter’s CEO, controversy was more like...