Mobile penetration in Africa is growing impressively at about 46% as more people come online for the very first time. In turn, this has increased the market opportunity for startups, especially fintechs and e-commerce, which try to provide various solutions to meet the financial needs of the populace. But to do that, these businesses must…
Chainalysis, a startup that provides crypto investigation and compliance services, has secured $170 million in a Series F funding round led by GIC, a sovereign wealth fund of Singapore. The company, which is known for helping law enforcement nab illicit crypto activities, saw its valuation double to $8.6 billion from its round last June. The…
A rugged SUV and pickup truck could be in production in the US by 2026 VW Group is on the precipice of launching a new dedicated EV company in the United States called Scout that will produce an all-electric pickup and a rugged off-roading SUV geared towards the American consumer. The company’s supervisory board, which…
Last October marked 20 years of the iPod. It’s a remarkable run in the cutthroat, always-iterating world of consumer electronics. And while it’s undoubtedly true that life hasn’t been particularly for the music player in a product lineup that includes various iPhones and iPads, the beloved music player has somehow managed to hang on. That…
KuCoin’s valuation has surged to $10 billion in its first financing round in four years as the global cryptocurrency exchange looks to make a deeper push into broadening its web3 ecosystem, it said Tuesday. The Seychelles-based firm said it has raised $150 million in a pre-Series B financing round led by Jump Crypto. Circle Ventures,…
Remember the IkeaBot? The robot went viral for its ability to build Ikea furniture as well (or better) than humans can. The team behind the project went on to found Eureka Robotics, which announced today that it has raised a pre-Series A round of $4.25 million, led by The University of Tokyo Edge Capital Partners…
Vladyslav Strykun Contributor Vladyslav Strykun is head of marketing at Headway, an edtech startup that provides bite-sized learning for fun and personal growth. Wondering how to improve the marketing performance of your mobile app in the spring without experimenting and extra costs? Take advantage of results from the high winter season, also known as Q5.…
Who knows what secrets await in the hearts of plants? Brightseed has found a couple of them, anyway, using an AI-based analysis method, and will be bringing its first products to market soon with the help of a $68 million B round. Brightseed’s thesis is simply that there are almost certainly some very helpful and…
Business intelligence is an increasingly well-funded category in the software-as-a-service market. By handling large amounts of data to analyze and benchmark lines of business, BI promises to help identify, develop, and otherwise create new revenue opportunities. Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools…
During the worst days of the pandemic, when people were stuck at home and starving for some form of entertainment beyond streaming yet another TV series, many turned to DIY home improvement projects. With the home now a place for work, school and leisure all at once, the DIY home improvement market has grown so…
