Fetch's latest warehouse robot is designed to replace forklifts
San Jose-based robotics company Fetch unveiled its latest robot this morning. The PalletTransport1500 is an autonomous bot designed specifically to replace forklift uses in warehouses. The systems, which are designed to pick up and deliver pallets, are capable of sporting payloads of up to 2,504 po
Location broker X-Mode continues to track users despite app store bans
Hundreds of Android apps, far more than previously disclosed, have sent granular user location data to X-Mode, a data broker known to sell location data to U.S. military contractors.
The apps include messaging apps, a free video and file converter, several dating sites, and religion and prayer apps
Online wholesale retailer Boxed taps Aeon for Asia expansion
Boxed, the New York-based online retailer that sells and delivers bulk-sized groceries, makes its foray into Asia by partnering with Aeon, one of Asia’s largest brick-and-mortar retail operators.
Unlike its consumer-focused business in the U.S., which has been described as “Costco for m
Tercera launches with $225M to fund cloud consulting firms
As we move deeper into a cloud-centric world, everything was supposed to get easier, but in truth there’s a lot of moving parts, and companies need help getting everything to work. This takes people with a particular set of skills to help clients with tasks like integrations, managing hybrid
Heights raises $2M for its subscription supplements aimed at new ‘braincare’ category
New wellness startup Heights is formally launching this week, focusing on a category it describes as 'braincare'. The startup will market “ultra high quality, sustainable plant-based supplements that feed your brain” based on what it says is scientific data.
It has raised a $2 mill
Fintech darling Nubank raises blockbuster $400M Series G at $25B valuation
While the pandemic has left some startups strapped for cash, the aptly-named Brazilian neobank Nubank is swimming in it. This morning, the company announced that it has raised a $400 million Series G round, putting their total funding to date at $1.2 billion. But even more remarkable, in addition
UK’s competition watchdog still eyeing Facebook’s Giphy buy
The UK’s competition regulator will make a decision on whether or not Facebook’s purchase of Giphy has a ‘realistic prospect’ of substantially lessening competition by March 25, it said today, as it continues to scrutinize the acquisition.
“The Competition and Markets
Berlin Brands Group commits $302M to acquire D2C and Amazon merchants
If the rise of direct-to-consumer businesses has been one of the big e-commerce trends of the last decade, then the growth of startups raising huge rounds to consolidate D2C players, to bring more economies of scale to the model, has definitely been a related theme of the past year.
In the latest m
Google updates Play Store policies on gamified loyalty programs following confusion in India
Google has updated and broadened its Play Store policy on gaming loyalty programs to help developers better understand the practices that are permitted, months after confusion about the guidance prompted some backlash in India, the biggest Android market by users.
The company said on Thursday that
Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort
Catalyst Fund, a global accelerator managed by BFA Global, announced the 8th cohort for its Inclusive Fintech Program today.
The accelerator runs the flagship program annually and with a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant
Ula raises $20 million to expand its e-commerce marketplace in Indonesia
Tokopedia, Lazada, Shopee, and other firms created an e-commerce market in Indonesia in the past decade, making it possible for consumers to shop online in the island nation. But as is true in other Asian markets, most small retailers and mom-and-pop stores in the Southeast Asian country still face
Flowhaven raises $16M to evolve brand licensing management beyond emails and spreadsheets
The media licensing business is a massive market, but much of the work involved is still handled manually through emails and spreadsheets. A startup called Flowhaven is working to change that. The company, which has now closed on $16 million in Series A funding, helps brands to manage their licens
Nigeria’s Cowrywise raises $3M pre-Series A to scale its wealth management platform
Cowrywise, a Nigerian fintech startup that offers digital wealth management and financial planning solutions, has raised $3 million in pre-Series A funding. Quona Capital led the round as Tsadik Foundation, Gumroad CEO Sahil Lavingia, and a syndicate of Nigerian angel investors locally and in the d
WhatsApp adds biometric authentication to its web and desktop versions
WhatsApp, the Facebook-owned popular messaging app with more than 2 billion users, has been getting a lot of heat and losing users in recent weeks after announcing (and then delaying) changes to how it uses your data. It’s not done with how it’s tweaking privacy and security. Now, it