Nexford University lands $10.8M pre-Series A to scale its flexible remote learning platform

Two profound problems face the higher education sector globally — affordability and relevance. Whether you live in Africa, Europe or the U.S., a major reason why people don’t go to university or college or even drop out is because they cannot afford tuition fees. On the other hand, rele

Yousign raises $36.6 million to build a European alternative to DocuSign

French startup Yousign has raised a $36.6 million Series A funding round (€30 million). Lead Edge Capital is leading the round and eFounders is investing once again in the company. Yousign, as the name suggests, is an e-signature provider that complies with European regulation on digital signatur

Tata Digital to acquire majority stake in online pharmacy 1mg

Tata Digital, the subsidiary of Tata Sons, said on Thursday it is acquiring a majority stake in digital health startup 1mg, the latest in a series of investments as the salt-to-steel Indian conglomerate enters the digital consumer space. The firms didn’t share the financial details of the dea

Dracula Technologies turns ambient light into energy with printed solar cells

"attachment_2164237" aria-describedby="" style="width: 764px">A bat-shaped organic photovoltaic module from Dracula Technologies. Image Credits: Dracula Technologies. Internet of Things devices are proliferating, making daily tasks more convenient for many people — but that comes at a cost. The Un

BukuWarung, a fintech for Indonesian MSMEs, scores $60M Series A led by Valar and Goodwater

BukuWarung, a fintech focused on Indonesia's micro, small and medium enterprises (MSMEs), announced today it has raised a $60 million Series A. The oversubscribed round was led by Valar Ventures, marking the firm's first investment in Indonesia, and Goodwater Capital. The Jakarta-based star

Motional CEO hints at an autonomous future in logistics

Motional, the $4 billion joint venture between Aptiv and Hyundai, is exploring the company’s potential involvement in autonomous trucking or logistics, its CEO said today during a live session at technewss’s 2021 Mobility Event. “The beauty of what’s on the other side of th

Daily Crunch: A crowded market for exits and acquisitions forecasts a hot AI summer

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for June 9, 2021. Today was TC Sessions: Mobility, a rollicking good time and one that we hoped you enjoyed. Looking ahead, we&#

Health clouds are set to play a key role in healthcare innovation

The U.S. healthcare industry is amidst one of the biggest transformations any industry has seen since the dot-com boom of the late 1990s. This massive change is being stimulated by federal mandates, technological innovation and the need to improve clinical outcomes and communication between provide

Seoul-based Ringle raises $18M Series A for its one-on-one English tutoring platform

Many of the highest-profile English tutoring platforms focus on children, including VIPKID and Magic Ears. Ringle created a niche for itself by focusing on adults first, with courses like business English and interview preparation. The South Korea-based startup announced today it has raised an $18

A revival at the intersection of open source and open standards

Our world has big problems to solve, and something desperately needed in that pursuit is the open-source and open-standards communities working together. Let me give you a stark example, taken from the harsh realities of 2020. Last year, the United States experienced nearly 60,000 wildland fires th

“Alzheimer’s is open for business:” Controversial FDA approval could pave the way for future drugs

On Monday, a 17-year drought in the world of Alzheimer's drugs ended with the FDA approval of Biogen's Aduhlem (aducanumab). The controversy behind the FDA's decision was considerable, but it doesn't seem to be spooking drug developers who are now narrowing in on the degenerative br

Joby Aviation eyes Asia and Europe as early markets alongside North America

While electric vertical take-off and landing passenger aircraft startup Joby Aviation is targeting North America for its initial commercial launch, founder and CEO JoeBen Bevirt expects the company to have an early presence in Asia and Europe as well. Bevirt, who joined the TC Sessions: Mobility 20

Decades-old ASCII adventure NetHack may hint at the future of AI

Machine learning models have already mastered Chess, Go, Atari games and more, but in order for it to ascend to the next level, researchers at Facebook intend for AI to take on a different kind of game: the notoriously difficult and infinitely complex NetHack. “We wanted to construct what we

Todd and Rahul’s Angel Fund closes new $24 million fund

After making investments in 57 startups together, Superhuman CEO Rahul Vohra and Eventjoy founder Todd Goldberg are back at it with a new $24 million fund and big ambitions amid a venture capital renaissance with fast-moving deals aplenty. “Todd and Rahul’s Angel Fund” announced t