Investors, founders report hot market for API startups
Startups that deliver their service via an API are having a moment. Or perhaps a year.
Speaking with founders and investors this year, it has become clear that the API model of delivering a product is more than an occasional hit-maker for companies like Twilio or Plaid. Instead, it appears that the
Revolut lets you track your subscriptions, adds savings bonus in the US
Fintech startup Revolut has rolled out a handful of additional features over the past few days. The financial app lets you track all your subscriptions that you pay with your Revolut account or your card. In the U.S., Revolut is adding a savings bonus based on your purchasing habits. Finally, busin
Neocis, the maker of dental surgery robots, roots out another $72 million
"speakable-summary" style="font-weight: 400;">Since the robotic dental surgery assistant Yomi first came on the market in 2019, more than 2,700 patients have stared up at its plastic sheathed metal arms. Now the company behind it, Neocis, has raised $72 million to bring it into more dentists’
Betaworks and Betalab unveil their first four startups working to 'fix the internet'
Back in March, startup studio Betaworks announced that it was partnering with James Murdoch's Lupa Systems to create a new program called Betalab, which would fund and mentor early-stage startups that would try to “Fix the Internet.”
In the initial announcement, Betaworks CEO John B
Kroger, one of America’s largest grocery chains, experiments with ghost kitchens and delivery in the Midwest
The Kroger Co., one of the biggest grocery chains in the Midwest, is dipping its toe into on-demand delivery and the ghost kitchen craze through a partnership with an Indianapolis-based startup, ClusterTruck.
Supermarkets would seem to be logical places to site the kinds of ghost kitchens that have
US Space Force is getting an immersive space sim training tool built in part by the VFX studio behind ‘The Mandalorian’
The U.S. Space Force obviously won’t be able to train most of their service people in actual space, so the relatively new arm of America’s defense forces has tasked Slingshot Aerospace to create a VR space sim, in partnership with The Third Floor, a Hollywood VFX firm that worked on blo
IBM plans to spin off infrastructure services as a separate $19B business
IBM, a company that originally made its name out of its leadership in building myriad enterprise hardware (quite literally: its name is an abbreviation for International Business Machines), is taking one more step away from that legacy and deeper into the world of cloud services. The company today
MessageBird, the ‘omnichannel platform-as-a-service,’ raises $200M Series C at $3B valuation
MessageBird, the Amsterdam-headquartered cloud communications company, has raised $200 million in Series C funding in a round led by Silicon Valley's Spark Capital.
The new investment gives 2011-founded MessageBird a whopping $3 billion valuation, and includes participation from Bonnier, Glynn
Grid AI raises $18.6M Series A to help AI researchers and engineers bring their models to production
Grid AI, a startup founded by the inventor of the popular open-source PyTorch Lightning project, William Falcon, that aims to help machine learning engineers work more efficiently, today announced that it has raised an $18.6 million Series A funding round, which closed earlier this summer. The roun
Second US presidential debate will be done remotely via live-streamed video (Update: Trump says he won’t participate)
The next U.S. presidential debate between President Trump and Democratic candidate and former VP Joe Biden will be done remotely, the U.S. Commission on Presidential Debates (CPD) announced today. This follows an intense news cycle that came immediately after the first presidential debate, which sa
Dr Lal PathLabs, one of India’s largest blood test labs, exposed patient data
Dr Lal PathLabs, one of the largest lab testing companies in India, left a huge cache of patient data on a public server for months, technewss has learned.
The lab testing giant, headquartered in New Delhi, serves some 70,000 patients a day, and quickly became a major player in testing patients fo
Google must negotiate to pay for French news, appeals court confirms
Google’s appeal against an order by France’s competition watchdog to negotiate with publishers for reuse of snippets of their content has failed.
As we reported in April, the French authority was acting on a new ‘neighbouring right’ for news which was transposed into nationa
Consumers spent a record $28 billion in apps in Q3, aided by pandemic
Mobile usage continues to remain high amidst the COVID-19 pandemic, which has prompted social distancing measures and lockdown policies, and has pushed consumers to connect online for work, school and socializing. This, in turn, has helped drive record spending in apps during the quarter, as well a
Update: German energy company E.ON unifies its portfolio under new Future Energy Ventures unit
UPDATE: This story has been updated to indicate that there is no disclosed investment figure for the Future Energy Ventures ongoing investment activity. E.ON and its subsidiaries have invested in 60 companies to date with a combined asset value of EUR250 million.
The German energy company E.ON, whi