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Restaurant Tech Firm Toast Reaches $8bn Valuation After Cutting Staff

November 24, 2020

Toast, a Boston-based restaurant point-of-sale (POS) tech startup, has soared to an $8 billion valuation just seven months after slashing staff numbers by half. Toast laid off 1,300 staff this April amid…

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Milan’s Kampaay Wins $689,000 for Digital Events Platform

November 23, 2020

Italian startup Kampaay, a platform that streamlines event organization, has won a €580,000 ($689,000) funding round to expand its solution. The firm, founded out of Milan’s Politecnico university, hooks events planners up…

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Biden Win Could Bring End to US Broadband Deserts

November 9, 2020

As Joseph R. Biden Jr celebrates his victory to become the United States’ 46th President, he has pledged to unite Americans behind his leadership. One key area in which the country is…

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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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EduTech Outfit Eruditus Raises $113m, as E-Learning Explodes Worldwide

August 31, 2020

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…

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Leading Japanese Firms Plan Digital Transformation

August 10, 2020

Japan’s largest corporations are planning a massive investment in digital technology, to ensure the country stays ahead of the curve amid the COVID-19 pandemic. The 765 companies’ $4.45 billion funding represents an…

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How Travel App Blacklane Adapted to a Post-Corona World

July 15, 2020

Based in Berlin, and with hubs located in major cities across Australia, the U.S. and UAE, chauffeur app Blacklane is one of the transport industry’s biggest success stories. The company, which has…

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CES Asia Canceled Amid COVID and Failing US Relations

July 14, 2020

CES Asia, the Asian leg of the influential American tech conference, has been axed as China-US tensions rise amid the Coronavirus pandemic. Organizers announced the show would be canceled today, adding they…

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Germany’s Corona Warn App: How Effective is the Country’s Corona-Battler?

June 29, 2020

It’s been a little under a fortnight since the German government launched its “Corona-Warn” contact tracing app. Thirteen million Germans—16% of the country’s population—have downloaded it so far. For an effective fight…

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Coronavirus Changing Tech’s Values on Remote Working – Report

June 17, 2020

A new report has shown that tech workers’ willingness to work from home has changed indelibly during the COVID-19 pandemic. Hired‘s State Of Salaries 2020, which combs hundreds of thousands of job…

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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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