He Huang Contributor He Huang is a partner at Northern Light Venture Capital supporting early-stage enterprise companies. It’s been a tumultuous few years, but China’s manufacturing industry is now on the rebound. Once an industry characterized by low-end manufacturing and intensive labor, it has transformed into a high-end manufacturing hub aided by technology. Automation and
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Bolt, the Estonian mobility tech company that recently closed a huge round, is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks-off expansion to more cities within its existing markets while keeping up with the growing demand for e-hailing services across the continent. Bolt’s Africa regional director, Paddy Partridge, told
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While some startups are trying to get people to leave spreadsheets behind, Canvas, which is developing a collaborative data exploration tool, is going all in with a spreadsheet-like interface for non-technical teams to access the information they need without bothering data teams. Luke Zapart, who started Canvas in late 2020 with his former Flexport colleagues
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Although default end-to-end encryption won’t fully arrive on Facebook Messenger until sometime in 2023, the company says today its feature offering end-to-end encrypted group chats and calls in Messenger is now fully rolled out. In addition, Messenger is adding another security feature with the launch of screenshot notifications in end-to-end encrypted chats, similar to rival
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The EU has cleared Meta/Facebook’s acquisition of CRM maker, Kustomer — accepting a set of commitments from the tech giant to allay competition concerns linked to the fact it also owns a suite of popular messaging apps frequently used by small businesses for customer outreach (aka Facebook Messenger, Instagram and WhatsApp).  The Commission said Meta
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We are continuing to see fallout from the Covid-19 pandemic and its impact on the tech industry, with one of the latest developments coming out from France. Sigfox — a high-profile IoT startup that had raised over $300 million in venture funding and had ambitions to build a global communications network using a new approach
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Rhys Spence Contributor Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization and HR. More posts by this contributor The unbundling of professional learning and entrepreneurship education What we can learn from edtech startups’ expansion efforts
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bloss is a UK startup that connects would-be or existing parents to pre-vetted parenting experts. It has now raised £1million in a pre-seed round led by Antler, the early-stage VC and is also backed by angels including Silicon Valley entrepreneur, Narry Singh, footballer Andriy Shevchenko and British-Jamaican entrepreneur, Alexandra Chong. The funds will be used
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New data from Kruze Consulting shows just how much the venture capital fundraising market has changed for startups in the last few quarters. Kruze, which provides accounting, tax and venture capital-related services to private tech companies, has access to hard data regarding startup performance. Healy Jones, vice president of financial planning and analysis at Kruze
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Berlin-based Mayd, a startup that’s building an on-demand medicine delivery platform in Europe, has fast followed a chunky seed raise last fall — with a €30 million (~$34M) Series A funding round led by US investor Lightspeed Venture Partners. Previous investors Target Global, 468 Capital and Earlybird Venture Capital also chipped into the Series A.
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South Korea’s electric vehicle battery maker LG Energy Solution made a successful market debut on Thursday. The market capitalization of LG Energy stood at $98.3 billion (118 trillion KRW) at the close of trading on local stock exchanges, making it the country’s second valuable firm after Samsung Electronics. The firm’s stock price opened at 597,000
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The creative community has been a ripe target for startups building tools and services to serve their interests and needs as they transition from their traditionally offline practices into a digital present and future. In one of the latest developments, Domestika — a popular site that creates and sells online video tutorials and courses covering
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Banking giant UBS announced earlier today that it will purchase venture-backed robo-advisor Wealthfront in an all-cash transaction worth $1.4 billion. Wealthfront, which raised just north of $200 million while private, per Crunchbase data, is one of a few wealth management services that grew on the back of offering automatic investing tools to consumers. Betterment ($435
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