An unnamed bidder has paid $28 million for a seat on the first crewed spaceflight by Jeff Bezos’s Blue Origin. On Saturday the company hosted an online auction, inviting wealthy space enthusiasts…
Enterprise
Construction Startup Katerra to Shut Down After More Than $2bn in Funding
SoftBank-backed construction startup Katerra is to shut down, after receiving more than $2 billion in funding. The company told employees it will be shutting down operations, according to a report in The…
Pipeline CEO Admits to Paying $4.4m to Ransomware Hackers
The CEO of Colonial Pipeline has confirmed the company paid $4.4 million in ransom to the hackers who disabled its pipeline in May. In an interview with the Wall Street Journal, Joseph…
OurCrowd Jobs Index Shows Startup Hires Growing Despite Pandemic
Startups backed by influential Israel-based equity crowdfunding group OurCrowd are looking to hire in greater numbers, despite the lingering COVID-19 pandemic. The number of jobs listed by OurCrowd’s global portfolio companies more…
Broadband Startup Isotropic Systems Gets $42m Injection from Aerospace Heavyweights
British broadband terminal startup Isotropic has won a $42 million funding round, which it says brings the firm closer to its first commercial product rollout. The round, led by satellite company SES,…
The Top Three Aotearoa New Zealand Startups to Look Out For in 2021
Thanks to a quick-witted government, compliant population and geographical fortitude, Aotearoa New Zealand (Aotearoa is the nation’s Maori name) has suffered the effects of COVID-19 less than perhaps any other developed economy…
Seattle’s Flexe Raises Another $10m to Supercharge Series C
FLEXE, a Seattle-based startup that offers retailers on-demand warehouse space, has raised another $10 million of a Series C funding round it first announced last month. The extra cash brings the round…
Indian HR Firm DarwinBox Raises $15m for Southeast Asia Scale
Human resources tech startup DarwinBox has raised a $15 million Series C funding round, as it aims to scale its platform deeper into the southeast Asian market. The round, led by Salesforce…
SparkBeyond Proves AI’s Place in Post-Pandemic World
The COVID-19 pandemic has forced the world to confront harsh realities. First, our ultra-high-tech existence can be brought to its knees by even a modest display of nature’s destructive power. Second, the…
Atlanta Security Startup OneTrust Secures $300m Funding to Go On Spending Spree
OneTrust, a startup marketing itself as the “most widely used platform to operationalize,” has won a $300 million funding round, with which it plans to embark on a spending spree. The 2016-founded…