Web Summit will hold RISE 2022 in Kuala Lumpur, launch a new event in Tokyo
Web Summit announced today that it will revive RISE, one of Asia's largest tech conferences, in March 2022, moving it to Kuala Lumpur after five years in Hong Kong. It also announced a new event, called Web Summit Tokyo, that will launch in 2022, too.
The flagship Web Summit event is currently
Bolt unveils its fourth-generation scooter
Bolt is best known for its ride-hailing service. But the company also operates an electric scooter service in 45 cities across Europe. Designed by the company's in-house hardware team, the new model focuses on safety.
As you can see in the photo, it's a big scooter (it weighs 19kg — that&
PhonePe raises $700 million, becomes a separate entity
PhonePe, the crown jewel in Flipkart's acquisition by Walmart, is “partially” spinning off, the Bangalore-based financial services firm said on Thursday. To kick off its new journey, the firm said it has secured $700 million in a new financing round.
This round, the name of which wa
Food robotics startup Karakuri unveils automated canteen, plus $8.4M investment led by firstminute
Last week I witnessed for myself how a new kind of robot really could — as sci-fi has been telling us for many years — create and serve us food. Today, Karakuri, a food robotics startup, unveils its first automated canteen to make meals: the “DK-One” robot. It's also revealing an $8
Neuroglee gets $2.3 million to develop digital therapeutics for neurodegenerative diseases
There are now about 50 million people with dementia globally, a number the World Health Organization expects to triple by 2050. Alzheimer's is the leading cause of dementia and caregivers are often overwhelmed, without enough support.
Neuroglee, a Singapore-based health tech startup, wants to h
Salesforce slumps 8.5% as its post-Slack selloff continues
Shares of Salesforce traded lower today, despite the company hosting a multi-hour keynote that included a buffet of Marc Benioff.
What’s going on? Essentially, since the Salesforce-Slack deal reached the ears of the public, shares of the CRM giant have fallen, while shares of the enterprise s
Sketchy wants to replace boring textbooks with 'Pixar-like' videos
Studying for med school is tough. What if it was more Pixar-like?
Sketchy, a visual learning platform, takes complex material that a med student might need to memorize for an exam, and puts the information in an illustrated scene. For example, it uses a countryside kingdom to explain the coronaviru
Helping big banks out-Affirm Affirm and out-Chime Chime gives Amount a $681 million valuation
Amount, a new service that helps traditional banks compete in a digital world, has raised $81 million from none other than Goldman Sachs as it looks to help legacy fintech players compete with their more nimble digital counterparts.
The company, which spun out from the startup lending company Avant
From surviving to thriving as a hardware startup
When a friend forwarded this tweet from Paul Graham, it hit close to home:
Startups are subject to something like infant mortality: before they're established, one thing going wrong can kill the company. Hardware companies seem to be subject to infant mortality their whole lives.
I think the re
YC-backed Heru raises $1.7M to build software services for Latin American gig workers
Given the attention that technewss pays to Y Combinator’s Demo Days, we also try to keep tabs on the same startups as they scale and raise more capital. Yesterday we covered YC Winter 2020 participant BuildBuddy, for example. Today we’re taking a look at Heru, a startup based in Mexico
Aerospace's Steve Isakowitz to speak at TC Sessions: Space 2020
A mere two weeks remain until we kick off TC Sessions: Space (December 16 & 17), our first conference focused on the technology designed to push galactic boundaries and the people making it happen. Building successful space programs, whether private, public or hybrid combination, requires a wel
Orbit raises $4M for its community experience platform
Orbit, a startup that is building tools to help organizations build communities around their proprietary and open-source products, today announced that it has raised a $4 million seed funding round led by Andreessen Horowitz’s Martin Casado. A number of angel investors, including Chris Aniszc
Wellory raises $4.5M for its ‘anti-diet’ nutrition app
Wellory, a startup that bills itself as taking an “anti-diet approach” to nutrition and wellness, is announcing that it has raised $4.2 million in funding.
The round was led by Story Ventures, with participation from Harlem Capital, Tinder co-founders Sean Rad and Justin Mateen, Ground
AgentSync lands consecutive rounds as insurtech booms
This morning AgentSync, an insurtech startup focused on agent compliance management, announced a new funding round worth $6.7 million.
The financing event, led by well-known SaaS founder David Sacks’ Craft Ventures, included dollars from both Operator Collective and prior investors.