Samsung has now joined Intel and TSMC in receiving billions in US government subsidies to boost its American semiconductor business. The company is the last of the big three chip fabs to get a direct deposit from Uncle Sam, and the number is $6.4 billion in direct funding. The disbursement …
Read More »Wave’s To Power Technology
The wave power generation technology of Australia’s Carnegie Clean Energy will move to the next phase of a competitive funding program in Europe, after making “substantial progress” during phase one tank testing in Spain. Carnegie says its wholly owned subsidiary CETO Wave Energy Ireland has secured a new contract for …
Read More »Maple Launches
Much of our daily lives have been transformed in one way or another by technology – and often through intentional efforts to innovate thanks to the advent of new technology. Now more than ever, we rely on shared collaboration platforms and digital workspaces in our professional lives, and yet …
Read More »Color Raises $167 Million
Healthcare startup Color has raised a sizable $167 million in Series D funding round, at a valuation of $1.5 billion post-money, the company announced today. This brings the total raised by Color to $278 million, with its latest large round intended to help it build on a record year of …
Read More »Umba Raises $2M Across Africa
Umba, a digital bank for emerging markets and aiming first at Africa, has secured a $2 million seed funding round from new investors including Lachy Groom, ex-Head of Issuing at Stripe; Ludlow Ventures; Frontline Ventures and Act Venture. Currently operating in Kenya and Nigeria, Umba offers a digital financial service …
Read More »Psykhe Secures Seed Funding
In an overcrowded market of online fashion brands, consumers are spoilt for choice on what site to visit. They are generally forced to visit each brand one by one, manually filtering down to what they like. Most of the experience is not that great, and past purchase history and cookies …
Read More »London VC’s Launch
A group of U.K.-based VCs have come together to create a new virtual pitching event designed to address the problems with the current startup ecosystem that can lead to inequalities and “warm intros” made only between privileged classes and ethnicities. Held on the 30th of September, “Access All” will be …
Read More »Airbnb authorizes $153 million more funding
A new Delaware filing for Airbnb, identified by CB Insights, suggests that the travel service has authorized another $153 million in Series F shares. This implies that they might be raising an extension to their financing $555 million round from a few months back. The filing prices the shares at …
Read More »Social care funding shortfall ‘urgent’ says Lib Dem Norman Lamb
Liberal Democrat Health spokesman, Norman Lamb, has called on the government to take urgent action over the crisis in social care funding. Spending has fallen by 9% in real terms over the past five years, with local government blaming cuts to their funding from central government.
Read More »Solo Stove Bonfire Passes $1 Million In Funding Via Kickstarter (video)
After launching their Kickstarter campaign earlier this month the Solo Stove team have now raised over $1 million in funding to help take their new Solo Stove Bonfire into production, thanks to over 4,200 backers. If you are searching for the ultimate outdoor fire pit, the Solo Stove Bonfire might …
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