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Dutch EIT Kicks Off Bid to Build $118bn Green Hydrogen Economy

November 5, 2020

Dutch enterpreneurship hub EIC InnoEnergy has launched the European Green Hydrogen Acceleration Center (EGHAC), as part of the European Union’s so-called ‘Green Deal.’ The organization hopes its move will contribute to efforts…

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IN-DEPTH: Tech Holds its Breath as America Choses a Leader

November 3, 2020

In around 24 hours it will be a lot clearer—if uncertain—who America’s next President will be. And while tech has been far down the list of electoral priorities for both candidates, wins…

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Wall Street Tech Stocks Face Slide No Matter Who Wins Election

November 2, 2020

Tech stocks are expected to fall following tomorrow’s US Presidential election – no matter who emerges victorious. Incumbent Donald Trump faces Democrat challenger Joe Biden for the country’s leadership. Yet despite the…

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Big Tech Avoiding Almost $3bn in Developing-World Tax – Report

October 26, 2020

US tech giants are exploiting tax loopholes to avoid paying billions to the governments of developing nations, according to an NGO report. ActionAid International claims that Facebook, Microsoft and Google parent Alphabet…

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Intel Shares Slip on Revenue Shortfall

October 23, 2020

Intel’s share price has dropped 10%, as the Coronavirus pandemic continues to take a toll. The Californian chipmaker’s value took a dive on underwhelming revenues, which analysts blame on the pandemic’s freezing…

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Deutsche Bank Ponders Tata Consultancy Tech Sale

October 22, 2020

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…

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Financing Startup Wayflyer Wins $10.2m Seed Funding

October 21, 2020

Wayflyer, a startup that connects e-commerce platforms with funding, is the recipient of a $10.2 million seed round. The backing, led by Washington, DC-based QED Investors, will help Wayflyer scale its product…

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China Approves Ant Group’s Potentially Massive IPO

October 19, 2020

China’s securities regulator has approved fintech company Ant Group’s IPO – and paved the way for what will likely be the world’s biggest-ever listing. Ant, backed by current title-holder Alibaba, will seek…

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Genius Quiz App Raises $2m; Seeks Far More for E-Learn Scale

October 19, 2020

Genius Quiz App, an e-learning venture from one of India’s startup stars, has won $2 million in seed funding from a constellation of Indian and American angel investors. The firm is the…

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SoftBank Leads $140m Funding in FarmTech Firm Plenty

October 15, 2020

Californian agricultural startup Plenty has won a $140 million Series D funding round, as it continues to scale out its vertical farming solution. The San Francisco-based company won the injection from Japan’s…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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