British appliances firm Dyson says it will invest an extra £2.75bn ($3.67bn) in new technology over the next five years, as it aims to double the number of products it sells. The…
Spotify Buys Megaphone for $235m
Swedish music streaming giant Spotify has acquired podcast advertising and publishing firm Megaphone, in a deal worth a reported $235 million. The deal will help Spotify provide targeted ads, and expand advertising…
Cellwize Raises $32m Round to Accelerate 5G Adoption
Israeli startup Cellwize has won a $32 million Series B funding round, as it continues its project to accelerate deployment of 5G networks worldwide. The round, led by Intel Capital and Qualcomm…
Deutsche Bank Ponders Tata Consultancy Tech Sale
Deutsche Bank is in talks to sell one of its major technology units to Tata Consultancy Services Ltd, a Mumbai-based conglomerate, according to a report by Bloomberg. Postbank Systems AG, a Bonn-based…
British AI Startup Edgify Raises $6.5m Seed Fund
London-based AI firm Edgify has secured a $6.5 million seed funding round, as it seeks to expand work processing data generated at so-called “edge” devices. The round was led by Octopus Ventures,…
German Code Startup Gitpod Secures $3m Funding
German startup Gitpod, a devtool popular with some of the world’s most successful tech teams, has raised a $3 million seed funding round, and will natively integrate with San Francisco’s GitLab. The…
EduTech Outfit Eruditus Raises $113m, as E-Learning Explodes Worldwide
Education startup Eruditus has raised $113 million in a Series C funding round, as the company continues to provide universities with online learning options amid the COVID-19 pandemic. The round was led…
Cape Town’s DataProphet Wins $6m Series A Round
South African AI manufacturing startup DataProphet has secured a $6 million Series A funding round, as it plans to scale internationally. Cape Town and London-based VC firm Knife Capital led the round…
WhatsApp Hopes its Misinformation-Busting Feature Will Help Democracy
Social media platform WhatsApp has launched a new feature it hopes will make discourse more truthful. “Search the web” allows users to click on a small magnifying-glass image next to posts shared…
Italian Healthcare Startup InSilicoTrials Wins $3.5m Series A Round
Italian startup InSilicoTrials, which creates cloud-based simulations for clinical trials, has raised $3.5 million (€3m) in Series A funding. The round, led by Milan’s United Ventures with support from Rome-based Pi Campus,…