Bigeye, providing data quality automation, closes second round this year with $45M

Bigeye on Thursday announced a $45 million in Series B funding, just six months after securing a $17 million Series A round. Coatue led the new investment that included existing investors Sequoia Capital and Costanoa Ventures. Together, the San Francisco-based company has brought in a total of $66

Sofar and DARPA look to standardize ocean monitoring gadgets with Bristlemouth

The ocean is important to countless industries, but we still only have a rough idea of what it’s like as a whole at any given time. To foster a new generation of ocean-monitoring floats and other devices, Sofar Ocean Technologies and DARPA are publishing an open hardware standard called Brist

Cybersecurity startup Sternum raises $27M to ‘immunize’ IoT devices

Sternum, a three-year-old IoT cybersecurity startup based in Tel Aviv, has secured $27 million in Series B funding, led by Spark Capital. Internet of Things devices are more popular than ever, yet cybersecurity remains a looming concern. The number of attacks on IoT devices more than doubled durin

Travel technology platform Spotnana launches with $41M

Spotnana emerged from stealth Thursday with $41 million in its pocket and an open global platform targeting the $1.4 trillion business travel industry. The Bay Area company's investment includes a $34 million Series A, co-led by ICONIQ and Madrona Venture Group with participation from Decibel a

Zola Electric closes $90M funding round to scale technology and enter new markets

Millions of people in sub-Saharan Africa and emerging markets continue to live without access to electricity. Some reports peg these numbers between 500 million and 2 billion people despite the prevalence of renewable energy providers in these regions. Zola Electric, one such provider, is announcin

London’s Jiffy scoops $28M for speedy grocery delivery

Well that was fast. London grocery delivery upstart, Jiffy — which was only founded in April this year — has nabbed $28 million in Series A funding around half a year after initial £2.6 million seed raise. It says it’s now raised a total of $35 million. The grocery delivery start

Google files writ against Indian antitrust watchdog following report leak

Google on Thursday filed a writ petition in the Delhi High Court against the Competition Commission of India following the leak of a damning confidential report detailing the watchdog’s interim fact-finding in an antitrust probe. The report, which Google has yet to formally receive or review,

Nigerian businesses can now accept Apple Pay on Paystack

Paystack, the African fintech company that powers and processes payments for businesses, today announced that it is launching Pay with Apple Pay on its platform. The company, in a statement, called the integration “the fastest, secure way for Nigerian businesses to accept international paymen

LG is acquiring automotive cybersecurity startup Cybellum in a $240M deal

LG Electronics, the Korean tech giant that once was a leading player in mobile phones but is now winding down that business, is making an acquisition that points to its ambitions in another, emerging area: next-generation automotive hardware and services. Today the company announced that it will b

Are Eastern European startups overlooked and undervalued?

Russian-speaking and Eastern European technology entrepreneurs are acknowledged as some of the most technically skilled in the world. As a case in point, Coursera's 2020 Global Skills Index found that Russian learners had the highest proficiency in technology and data science among 65 million l

Crypto asset management platform Cobo bags $40M Series B

"speakable-summary" style="font-weight: 400;">Cobo, a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS). The round was co-led by DST Global, A&T Capital and IMO Ventures. The

The whole package: How plastics and sustainability startups achieve success

The amount of plastic pouring into our oceans is set to triple by 2040, and the bulk of the un-recycled plastic in the world is generated by an enormous industry: consumer packaged goods (CPG). The world is rife with waste from such goods, but as people become more aware and look to minimize the wa

India’s Oyo seeks $1.2 billion in IPO, eyes $12 billion valuation

Indian budget hotel chain startup Oyo is looking to file for an initial public offering as soon as next week, people familiar with the matter told technewss, joining a handful of firms in the world's second-largest market that are working to explore the public markets. The seven-year-old start

SEC Regional Director Erin Schneider talks SPACs, Coinbase and what startups could do better

If startups were looking for more specifics about crypto lending, new rules by which blank-check companies might have to abide, or whether the SEC views NFTs (non-fungible tokens) as securities, they didn’t get any this week from Erin Schneider, the regional director of the SEC’s powerf