#startups

Successful IPOs of 2020 – Airbnb and DoorDash witnesses a kickstart

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,...

VSPN Esports raised $100 million in funding lead by Tencent

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),...

BIMA raises $30 million for digital health and insurance

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...

VMWare acquiring network security firm Lastline

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...

Apple acquired Dark Sky weather app, set to remove from Play Store by July 1

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...

Toyota invests $400 million in Pony.ai for Level 4 autonomous cars

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,...

HopSkipDrive raises $22 million in latest round of funding

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,...

Apple is suing its former lead chip designer for founding a startup

Apple is suing former employee Gerard Williams for allegedly breaching terms of his employment contract and loyalty. Gerard Williams is the former chief architect of iPhone and iPad chips (A-series chips). Due to engaging in activities that are related...

$4 billion cash acquisition deal between PayPal and Honey

Online payments and money transfer platform PayPal Holdings, Inc has made an agreement with Honey Science Corp, a company that owned Chrome extension honey which helps find the best deals, coupons, and rewards while you are doing online shopping...

Bunch raises $3.85 million from SuperCell, Tencent, and Riot Games for social gaming

Bunch, a soical gaming party app, which allows you to play your favorite games with friends in a group with a video chat, has raised $3.85 million in funding from gaming giants like Supercell, Tencent, Miniclip, Riot Games, and Colopl...

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