#funding
Business
Exotec Raises $335M to Eliminate Human Error
Soha Z -
Exotec has raised total funding of $335 million in Series D to raise the company valuation to $2 billion. The project is led by Goldman Sachs’ Growth Equity to partially automate the logistics of a regular warehouse. Also, the...
Social Media
How To Make Money on TikTok [2022]
Hashim N -
Ever since its inception in 2016, TikTok has been making waves. The platform has proven to be the kingpin in giving users the power to post and control content. Most influencers on the app use their followers to promote...
Featured
WeRide raises $200m
WeRide, as per its reporting on Wednesday, stated that it has raised $200 million through a long-term, mega-investment in Chinese bus maker Yutong. WeRide is one of the most – funded startups that has bought differentiation into the market...
Startups
VSPN Esports raised $100 million in funding lead by Tencent
VSPN, Versus Programming Network, a Chinese eSports startup company, announces that it has raised $100m in its series B funding round. The funding round was led by Tencent Holdings, followed by other investors Tiantu Capital, SIG (Susquehanna International Group),...
Startups
BIMA raises $30 million for digital health and insurance
BIMA is one of the top growing health and insurance organizations, based in London and Stockholm. The startup now serves more than 35 million people in 9 different emerging markets from Asia and Africa. Since the rise of COVID...
Business
Toyota invests $400 million in Pony.ai for Level 4 autonomous cars
Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has funded $400 million into Pony.ai, followed by Sequoia, KUNLUN, IDG Captial,...
Business
Elon Musk’s SpaceX to raise $250 million in funding for Crew Dragon, Starship and Starlink
Aqsa T -
Elon Musk's SpaceX is seeking $250 million at $220 per share in new fundings, according to a report by CNBC. The funding will boost the worth of the company to $36 billion, up from $33.3 billion. The Space Exploration Technologies Corporation (SpaceX) is...
Business
Snap announces the third cohort of Yellow Accelerator Program
Aqsa T -
Snap Inc, the parent company of Snapchat, has launched the third cohort of its Yellow accelerator program. The program, debuted in 2018, was started to bring in creative minds and entrepreneurs to build great media companies for the next...
Startups
HopSkipDrive raises $22 million in latest round of funding
HopSkipDrive, a Los Angeles based transportation company for children, has received a $22 million in funding in the latest round. The round, largest yet, saw participation from 15 investors which include Cyrus Capital Partners, State Farm Ventures, Upfront Ventures,...
Startups
Clothing startup Vinted receives $140 million in funding at $1 billion valuation
The second-hand clothes marketplace 'Vinted' has raised $140 million in Series-E at a value of over $1 billion. Founded and headquartered out of Vilnius, Lithuania, this used clothing startup is the first tech unicorn popping from the tiny...
Latest News
A Rundown of AI Gaffes in 2024
In 2024, several AI systems encountered significant gaffes. Chatbots provided misleading information on sensitive topics, and AI generated racially...