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Ford's China ventures extend auto sales recovery in June

Ford Motor's China ventures reported year-on-year sales growth for June as the world's biggest auto market continues to recover from coronavirus-induced lows.The U.S. automaker's Chongqing-based vent

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Minneapolis-based VC shop Bread & Butter focuses on its own backyard

While many investors say sheltering in place has broadened their appetite for funding companies located outside major hubs, one firm is doubling down on backing startups in America’s heartland.L

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Security lapse at South Africa’s LogBox exposed user accounts and medical data

LogBox, a South African medical data startup that bills itself as an “absolutely secure” way of replacing paper forms for sharing patient data with doctors, has exposed user accounts and p

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RIOS comes out of stealth to announce $5M in funding for ‘industry-agnostic’ robotics

Bay Area-based robotics startup RIOS is coming out of stealth today to announce $5 million in funding. The round is being led by Valley Capital Partners and Morpheus Ventures, with participation from

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Nacelle raises $4.8M for its headless e-commerce platform

As e-commerce companies aim to capitalize on the online spending boom connected to shelter-in-place and keep the party going as physical retailers open back up, more are turning their attention to how

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How $20 billion health care behemoth Blue Shield of California sees startups

In the two years since Jeff Semenchuk took the reins in the newly created position of chief innovation officer for Blue Shield of California, the nonprofit health insurer with $20 billion in revenues

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Horizon Quantum raises $3.23M for its quantum software development tools

Horizon Quantum is part of a new crop of startups that focus on building new tools for building software for quantum computers. The Singapore-based company, which is hardware-agnostic but also launche

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Getting construction materials to jobsites faster nets GoFor Industries $9.8 million

GoFor Industries has built a business making sure that construction materials get where they need to go as soon as their customers need them there. It’s a last-mile delivery for construction mat

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Volkswagen sinks another $200 million into solid-state battery company QuantumScape

Volkswagen said Tuesday it has invested another $200 million into QuantumScape, a Stanford University spinout developing solid-state batteries as the automaker bets on a next-generation technology th

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First commercial Earth-to-Moon communication relay satellite planned for 2023

Communications between Earth and the Moon actually requires a huge amount of equipment under current circumstances. The transmission distance for any data sent from our large natural satellite and us

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TaxProper raises $2M to automate getting your property taxes lowered

If you own your home, how much do you pay for property taxes? Too much? Sounds about right.If you disagree with how much you’re paying in property taxes, you can appeal the assessment. Most peop

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RiskIQ adds National Grid Partners as securing data becomes a strategic priority for utilities

RiskIQ, a startup providing application security, risk assessment and vulnerability management services, has added National Grid Partners as a strategic investor. The funding from the investment arm o

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Workforce training app developer Poka adds strategic investor Schneider Electric

Poka, a workforce training app and software service for industrial companies, has added SE Ventures, the venture capital arm of the European energy and automation conglomerate Schneider Electric to it

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African countries need ‘startup acts’ more than ever to support innovation

As the fallout from COVID-19 continues to grip Africa’s major economies, the tech ventures in those countries need state support.National legislation that creates clear frameworks and operational supp

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VCs see opportunities for gaming infrastructure startups and incumbents

As the infrastructure for developing games becomes more advanced, studios have turned to buying best-in-class technology from others instead of building everything from scratch (often with inferior qu

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As private investment cools, enterprise startups may try tapping corporate dollars

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as go

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Countingup scores £4M bridge round for its small business banking and accounting app

Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment fro