Singapore-based edtech startup Cialfo, which uses data to streamline college and career workflows, has extended its Series A funding round to the tune of $15 million. The new round, spearheaded by Vulcan…
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…
Germany Blocks China Satellite Buy, Steps Up Corporate Defenses
Last week Germany blocked the sale of a satellite and radar firm to a Chinese state-backed buyer, the latest in a cooling of corporate relations between the two countries. China Aerospace and…
Restaurant Tech Firm Toast Reaches $8bn Valuation After Cutting Staff
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…
Biden Win Could Bring End to US Broadband Deserts
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…
Intel Shares Slip on Revenue Shortfall
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…
SoftBank Leads $140m Funding in FarmTech Firm Plenty
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…
Google Invests in Atlanta’s Black Entrepreneurs
Google for Startups, the tech giant’s entrepreneur wing, will invest in a host of Black entrepreneurs in Atlanta, as part of the company’s $5 million Black Founders Fund. Thirty-five of the Fund’s…
SoftBank Value Plummets on Shaky Tech Deals
Japanese giant SoftBank has seen its share price fall sharply today, due to its exposure to continued US-tech selloffs. The company opened trading on Monday 2.6% down, and ended it with a…
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…