Startup of the Week
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Reading Time: < 1 minute Get Ahead Of Your Environmental Goals By Keeping A Check On Your Daily Carbon Emission Rate And Offset Your Contribution With Lowsoot.
Reading Time: < 1 minute Bengaluru-based fintech startup ZestMoney has raised $50 Mn in its Series C round. The fresh round of investment was led by an Australian.
Reading Time: < 1 minute LG Electronics strengthened its component business for vehicle hardware and software by acquiring Israel’s cybersecurity platform.
Reading Time: < 1 minute Online education giant Byju’s is paying about $200 million to acquire the coding platform Tynker, people familiar with the matter said, as India’s most valuable startup accelerates its expansion ahead of an initial public offering expected next year. Byju’s is paying for the purchase in cash and stock, the people said, asking not to be…
Reading Time: < 1 minute Shutterstock had acquired PicMonkey, a Seattle, WA-based online graphic design and image editing platform. Spectrum Equity was the seller in the deal. The transaction, which consists of $110m of cash paid at closing, is expected to contribute approximately 3% to Shutterstock’s annual revenues and add more than 200,000 new subscribers. The deal builds upon…
Reading Time: < 1 minute Apna has announced that it had raised $ 100 million in a round led by Tiger Global. The new round-Series C-valued Apna at $ 1.1 billion.
Reading Time: < 1 minute Apple co-founder Steve Wozniak has just announced his new project: creating his own aerospace startup called Privateer Space.
Reading Time: < 1 minute Ola Electric has begun accepting bookings or reservations for its upcoming scooter at approximately $6 or ₹499. More details visit our news.
Reading Time: < 1 minute Australia-based SunDrive has made a materials breakthrough that promises to increase the efficiency and lower the cost of solar panels.
Reading Time: < 1 minute According to The New York Times, the Texas law deputizes private citizens to sue anyone who performs an abortion or “aids and abets” a procedure.
Reading Time: < 1 minute Recursion is a clinical-stage biotechnology company decoding biology by integrating technological innovations across biology, chemistry, automation, data science, and engineering to improve patients’ lives and industrialize drug discovery radically.
Reading Time: < 1 minute President Biden sets a goal of 50 percent electric vehicle sales by 2030. The White House released a statement and said that it was aiming for half of all new vehicles sold by 2030 to be electrically powered.
‘Plaid’ A Financial Services Company Builds Data Transfer Network That Powers Fintech And Digital Finance Products
Reading Time: < 1 minute Industry: Financial Technology, Financial Services Founded: May 2013 Key people: Zach Perret (CEO) William Hockey (President & CTO) Revenue: $200 Million(2019) Plaid is the technology platform providing the tools and access needed for the development of a fully modern, and digitally-enabled financial system. Plaid makes it easier and safer for developers — from the smallest…
US Based Startup ‘Altizon Inc.’ Empowers Industrial Digital Revolutions By Helping Enterprises Use Machine Data To Drive Business Decisions
Reading Time: < 1 minute Launched in: 2013 Founders: Vinay Nathan, Yogesh Kulkarni, Ranjit Nair Headquarter: Palo Alto, USA Sector: Hardware & IoT Total funding: $5.75 Mn Key investors: Lumis Partners, The Hive, Persistent Systems, Wipro Ventures, Infuse Ventures Altizon is an industrial internet-focussed startup. It helps enterprises use machine data to drive business decisions with a view to enabling digital transformation by accelerating smart…
‘Etoro’ A Israeli Based Financial Service Startup That Provide Financial And Copy Trading Services All Across The World
Reading Time: < 1 minute Founded by: Yoni Assia, Ronen Assia, David Ring Headquarters: London, Limassol, Tel Aviv-Yafo CEO: Yoni Assia Founded: 2006, Tel Aviv-Yafo, Israel eToro is a social trading investment network that enables users to watch the financial trading activities of other users, copy them, and make their own trades. The company’s product, OpenBook and WebTrader, allows traders to learn from each other, share live trading information,…
San Francisco Based Startup ‘Airtable’ Provide Platform For Building Collaborative Apps That Customize Workflow and Achieve Ambitious Outcomes
Reading Time: < 1 minute Founder(s): Howie Liu, Andrew Ofstad, Emmett Nicholas Founded: 2012 Headquarters: San Francisco, California, US Type of site: Collaborative software Airtable is a cloud-based project management system that as the company likes to say, “delivers the power of a database with the simplicity of a spreadsheet.” The company’s customers range widely from Atlantic Records to Netflix to WeWork. In 2018, the company added…
US Based ‘Alnylam’ A Pharmaceutical Company Who Is Developing Novel Therapeutics Based On RNA Interference
Reading Time: < 1 minute CEO: John Maraganore Founded: June 2002 Founders: Phillip Allen Sharp, Paul Schimmel Headquarter: Cambridge, Massachusetts, United States Last August, Cambridge, Massachusetts–based Alnylam Pharmaceuticals became the first company to bring an RNA interference (RNAi) treatment to market, winning FDA approval for its drug Onpattro. The drug treats peripheral nerve damage and other symptoms in people with the…
San Francisco Based Startup ‘Arterys’ Became The World’s First Internet Platform For Medical Imaging
Reading Time: < 1 minute Arterys is the medical imaging AI platform allowing you to weave leading AI clinical applications directly into your existing PACS or EHR driven workflow.
US Based Startup ‘Jumio’ Is An AI Platform That Deliver Identity Verification Helping Companies Fight Fraud
Reading Time: < 1 minute Founder: Daniel Mattes Founded: 2010 CFO: Ken Chow Headquarters: Palo Alto, California, United States Jumio is the service that allows you to upload a photo ID and snap a selfie to verify your identity for a bank, WeWork, or Airbnb account instantly. In 2018, the company launched a new AI lab. Researchers train algorithms to identify the…