Austin has made headlines over the past year for a number of reasons: It’s home to Oracle’s new headquarters. Tesla is building a massive gigafactory in the Texas capital. People, mostly tech workers, are leaving the Bay Area in droves to settle in the city, driving up home prices in the process. But, it’s not…
Ransomware is rarely out of the headlines. Just last week, IT consulting giant Accenture was hit by the LockBit ransomware gang, days after Taiwan-based laptop maker Gigabyte also fell victim to an apparent ransomware attack, leading the hackers to leak gigabytes of confidential AMD and Intel data. Unsurprisingly, ransomware — which has rocketed in activity…
Amazon has entered the financial services and insurance markets of India in recent years. Now it is paving the way to foray into the wealth management category. The American e-commerce giant has backed Bangalore-based startup Smallcase in a $40 million Series C financing round. The round was led by Faering Capital and Premji Invest as…
RaRa Delivery’s ambitious goal is to offer same-day deliveries in Indonesia without burning cash like many on-demand logistics providers. The company announced today it has raised $3.25 million in seed funding led by Sequoia Capital India’s Surge program and East Ventures. Other participants included 500 Startups, Angel Central, GK Plug and Play and angel investors…
In 2010, Google’s autonomous vehicle project placed self-driving cars on Bay Area streets and freeways, but practical applications were thought to be at least a decade away. The futurists were right on schedule: In 2020, Mountain View-based Nuro was testing its second-generation R2 robotic vehicle, the first to earn a federal exemption to operate an…
Solving the twin challenges of human and planetary health is the greatest task of our generation, and it also presents the greatest entrepreneurial opportunity in history which is why we’ve partnered with Mayfield to bring you an engineering biology track to Disrupt 2021 this September 21-23. Haven’t secured your spot yet? Grab your ticket now…
News is vital to society, but it’s also incredibly expensive to produce. As ad rates have suffered across the industry (minus a positive blip this summer), publishers have increasingly turned to paywalls to make ends meet. There’s just one problem: the open internet which allowed readers to range over the entire thought of humanity has…
Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. They might not want to sell equity in their company, but often struggle to secure working capital loans from traditional financial institutions. That’s where Singapore-based Jenfi comes in, providing revenue-based financing of up to $500,000 with flexible repayment plans that co-founder and…
South Korea’s LG Energy Solution has entered into a six-year agreement with an Australian mining company for cobalt and nickel, securing a stable supply of key minerals to make electric vehicle batteries. LG Energy, a subsidiary of LG Chem, will purchase 71,000 dry metric tons of nickel and 7,000 dry metric tons of cobalt from…
Six years ago, I sat in the Google self-driving project’s Firefly vehicle — which I described, at the time, as a “little gumdrop on wheels” — and let it ferry me around a closed course in Mountain View, California. Little did I know that two of the people behind Firefly’s ability to see and perceive…
