Endel raises $5M to create personalized ‘sound environments’ that improve productivity and sleep
The pitch for Berlin-based Endel is pretty straightforward, according to its co-founder and CEO Oleg Stavitsky.
“The way I usually describe Endel is: This is a technology that is built to help you focus, relax and sleep,” Stavitsky told me. “Of course, the way we do that is a litt
Salsify nabs $155M as its commerce experience platform sees a big surge of business from COVID-19
As traditional brands grapple with a new world where selling online is as much or perhaps even more important than how you are positioned in a physical store, a startup that helps them get all their inventory, marketing and selling strategies all on one page has raised a significant round of fundin
New research shows European startups are spending drastically less on a US launch, for the same gains
It used to be the case that in order to scale globally, European companies needed to spend big on launching in the U.S. to achieve the kind of growth they wanted. That usually meant relocating large swathes of the team to the San Francisco Bay Area, or New York. New research suggests that is no lon
‘AI-powered’ fitness app Freeletics scores $25M Series B
Freeletics, the “AI-powered” fitness coaching app, has closed $25 million in Series B funding. Leading the round is U.S.-based JAZZ Venture Partners and Causeway Media Partners, with support from KKCG.
The fresh injection of capital follows $45 million in Series A funding in late 2018.
Apple partner Servify raises $23 million to scale its devices after-sales and management platform overseas
Servify, a Mumbai-headquartered startup that operates a device lifecycle management platform and works deeply with brands, including Apple and Samsung, in a number of geographies, has raised $23 million in a new financing round.
The Series C financing round for the five-year-old startup was led by
VW’s Traton Group strikes a deal with TuSimple to develop autonomous trucks
The Traton Group, Volkswagen AG's heavy-truck business, has taken a minority stake in TuSimple as part of an agreement between the two companies to develop self-driving trucks.
Neither company disclosed the financial terms of the partnership or the percentage of the minority stake. Traton did m
Uncapped picks up another $26M to offer revenue-based finance to European entrepreneurs
Uncapped, the London-headquartered and Warsaw-based startup that offers “revenue-based” finance to European businesses so that founders don’t have to give up equity stipulated by venture capital, has raised $26 million in new funding.
The round was led by Mouro Capital (the recently spun-
Apple launches its online store in India
For the first time in more than 20 years since Apple began its operations in India, the iPhone-maker has started selling its products directly to consumers in the world's second largest smartphone market.
Apple launched its online store in India on Wednesday, which in addition to offering nearl
China says it won’t approve TikTok sale, calls it ‘extortion’
The September 20 deadline for a purported TikTok sale has already passed, but the parties involved have yet to settle terms on the deal. ByteDance and TikTok’s bidders Oracle and Walmart presented conflicting messages on the future ownership of the app, confusing investors and users. Meanwhil
Singapore-based Syfe, a robo-advisor with a human touch, raises $18.6 million led by Valar Ventures
"attachment_2049948" aria-describedby="" style="width: 1024px">Syfe founder and CEO, Dhruv Arora
Syfe, a Singapore-based startup that wants to make investing more accessible in Asia, announced today that it has closed a SGD $25.2 million (USD $18.6 million) Series A led by Valar Ventures, a fintech-
Elon Musk reveals the Tesla Model S ‘Plaid’ slated for late 2021
Tesla CEO Elon Musk revealed Tuesday the Model S Plaid, the newest variant to the company’s flagship sedan that boasts some eye-popping performance and range claims, including the ability to travel at least 520 miles on a single charge.
The Model S with this more powerful “Plaid”
Tesla claims it can drive battery costs down even lower with new material science innovations
Amid a packed afternoon of announcements from Tesla around innovations the company is pursuing to slash the cost of electric vehicles and energy storage through better battery design, the company said it has made new advancements in material science for the key components of the lithium-ion batteri
Tesla plans to build a cathode plant and get into the lithium mining business
A little more than a year ago, during Tesla’s 2019 shareholder’s meeting, CEO Elon Musk said the company “might get into the business of mining minerals used in electric vehicle batteries.”
Today, during Tesla’s so-called Battery Day event, Musk confirmed that the comp
Tesla says its battery innovations will deliver its goal of a $25,000 mass market electric car
Tesla held its Battery Day event on Tuesday to discuss a variety of innovations it has developed and is pursuing in battery technology for its vehicles.
Tesla CEO Elon Musk and SVP of Powertrain and Energy Engineering Drew Baglino detailed a new anode and cathode technology the company is working o