Self-driving trucks startup TuSimple raises $350M from US rail, retail and freight giants
Self-driving trucks startup TuSimple has closed a $350 million funding round from a diverse consortium of strategic investors that include major U.S. corporations in rail, retail and freight, according to sources familiar with the deal.
The round, which was oversubscribed, was led by VectoIQ LLC
Qualcomm's Snapdragon 888 will land on phones in Q1 2021
As promised, more info following yesterday's Snapdragon 888 announcement. First off, as expected, the company's next flagship SoC will arrive in the first quarter of next year. We're still waiting on specific models, but as noted yesterday, the San Diego-based chip giant already has a l
Jitsu nabs $2M seed to build open-source data integration platform
Jitsu, a graduate of the Y Combinator Summer 2020 cohort, is developing an open-source data integration platform that helps developers send data to a data warehouse. Today, the startup announced a $2 million seed investment.
Costanoa Ventures led the round with participation from Y Combintaor, The
Shop-Ware raises cash as cars make a comeback
Shop-Ware has been waiting for a year like 2020 since 2015.
The startup, which sells software to neighborhood automotive shops to digitize their operations, had struggled to capture capital from venture firms. Until recently, its sole major investor was aftermarket automotive giant Bosch.
Looking Glass's next product is a holographic digital photo frame
Looking Glass's technology is extremely cool, but has, thus far, been prohibitively expensive, ranging from $600 for its 8.9-inch product to $6,000 for the 15-inch model — and an undisclosed sum for its 32-inch 8K display. Portrait might not be the most technically ambitious or versatile
Jio Platforms backs SF-based AR gaming startup Krikey
Jio Platforms, the biggest telecom operator in India and which has raised over $20 billion from Facebook, Google and other high-profile investors this year, is leading a financing round of a San Francisco-based startup that develops augmented reality mobile games.
Jio has led the Series A fundraise
Florida-based logistics provider ShipMonk raises $290 million on the back of rising eCommerce demand
Jan Bednar started ShipMonk with $70,000 in winnings from a string of student business plan competitions and launched the business that just closed on $290 million in new funding from a small warehouse with no air conditioning in the middle of Florida.
While Bednar’s new offices are still ins
Bizzabo raises $138M for a platform that helps you build and run virtual conferences
Conferences have — for better or worse (and if you’ve ever been trapped in a cavernous CES exhibition hall, you might say worse) — become a significant cornerstone of how industries engage with their audiences, whether they are comics superfans, or iOS developers, or insurance bro
Genesis Therapeutics raises $52M A round for its AI-focused drug discovery mission
Sifting through the trillions of molecules out there that might have powerful medicinal effects is a daunting task, but the solution biotech has found is to work smarter, not harder. Genesis Therapeutics has a new simulation approach and cross-disciplinary team that has clearly made an impression:
The UK approves the BioNTech/Pfizer COVID-19 vaccine for emergency use
The UK government has approved the BioNTech/Pfizer vaccine against COVID-19 for emergency use, following the recommendation of the national medicines regulator.
The UK is the first country to approve the vaccine for widespread use — paving the way for some of the most “high risk”
Monzo, the UK challenger bank, picks up additional £60M in funding
Monzo, the U.K. challenger bank now with more than 4.8 million customers, has closed another £60 million in funding, priced the same as and effectively an extension of its previous top-up round in June.
This saw Monzo valued by private investors at around £1.2 billion, marked by industry observer
Spotify launches ‘2020 Wrapped’ with new features including quizzes, badges and, yes, stories
Spotify is today launching its 2020 Wrapped personalized experience — the company’s popular year-end review of users’ favorite artists, songs, genres and podcasts. This year, however, Spotify is making a few changes. For starters, Wrapped will be exclusively available on mobile fo
Revolut launches early salary feature in the UK and web app
Fintech startup Revolut has two new features this week. First, the company is launching a web app for its regular users — not just business users. Second, in the U.K., Revolut has partnered with Modulr to let you receive your salary a day early.
Revolut has historically focused its efforts on its
Eat Just to sell lab-grown meat in Singapore after gaining ‘world first’ regulatory approval
Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The cell-cultured chicken will eventually be produced under Eat Just's new GOOD Meat brand through partnerships with local manufacturers and go on sale to res