Sunday, an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Investors include Tencent, SCB 10X, Vertex Growth, Vertex Ventures Southeast Asia India, Quona Capital, A
A recycled Falcon rocket lifted off from NASA's Kennedy Space Center in Florida before dawn on Sunday, carrying almost 2,200kg of supplies and experiments for the ISS's seven astronauts.
The Latin America startup ecosystem is having a great year, with mega-rounds being announced at breakneck speed and new unicorns minted almost monthly. This is mostly due to the clearly maturing start
3D rocket printing company Relativity Space has pushed back the date of the demonstration launch of its lightweight Terran 1 rocket from winter 2021 to early 2022. The company announced the updated sc
Among Apple’s more recent social good initiatives is the Impact Accelerator, an effort launched about a year ago intended to find and elevate minority-owned small businesses taking on sustainabi
Foxconn is getting more serious about its electric vehicle ambitions. The company told investors during an earnings call that it plans to build EV factories in the US and Thailand in 2022 and start ma
Small and medium-sized construction businesses in Europe and the US tend not to be run on digital platforms, leaving a $1.6 trillion industry relatively untouched. publicly-listed Procore (NYSE: PCOR)
Many VCs tout their mentorship and hands-on approach to founders, especially those who run early-stage startups. But in the recent era of lightning-fast rounds closing at sky-high valuations, the cap
Data science platform Dataiku announced today it has raised a $400 million Series E, bringing its valuation to $4.6 billion. The round was led by Tiger Global, with participation from returning invest
The twice-issued recall for 2017 to 2019 Chevrolet Bolt electric vehicles cost General Motors $800 million, the company said in its second quarter earnings statement Wednesday. Costs associated with f
Just half a year after leading SODA’s Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group announced to
Electric air taxi startup Lilium has tapped German manufacturer Customcell to supply batteries for its flagship 7-seater Lilium Jet.The battery IP is the result of “multiple players,” a Li
HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V., with participation fro
MIT CSAIL spinout Inkbit this week announced that it has raised $30 million. The Series B, led by Phoenix Venture Partners LLC, brings the firm’s total funding up to $45 million. PVP joins existing pa
Blackstone is acquiring a majority stake in Bangalore and San Francisco-headquartered edtech startup Simplilearn for $250 million.Simplilearn operates an eponymous online bootcamp to help people learn
More details are beginning to emerge on Houston-based Axiom Space’s ambitious project to build and operate the world’s first commercial space station.Thales Alenia Space, a European aerospace manufact
South Korea’s LG Chem has earmarked ₩6 trillion ($5.2 billion) over the next four years to build out its battery materials business. The investment comes as automakers and state regulators set targets
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