Events Around the Globe

  • 24th Aug'20

A lot of things are happening around the startup world globally. So, before we get into the hustle of the new week, let’s begin our week with a weekly round up. Happy Monday Morning and Happy Reading! 

 

17th August, Monday

 

  • Robinhood, the free trading app benefiting from millennials betting on stocks is now worth more than $11 billion

https://edition.cnn.com/2020/08/17/investing/robinhood-trading-app-valuation/

  • Lightspeed India raises $275 mn to focus on emerging segments, such as health and wellness, direct-to-customer brands and fintech, besides other consumer internet segments

https://www.livemint.com/companies/start-ups/lightspeed-india-raises-275-mn-11597722352586.html

  • Waterloo startup develops waterproof face masks — and sells first 10,000 to Metrolinx

https://www.therecord.com/business/2020/08/17/waterloo-startup-develops-waterproof-face-masks-and-sells-first-10000-to-metrolinx.html

  • Short-video app Mitron raises $5 million in Series A funding

https://www.livemint.com/companies/news/short-video-app-mitron-raises-5-million-in-series-a-funding-11597679201866.html

  • Alphabet-Backed Startup, Cavnue, to build a first-of-its-kind 40-mile connected corridor in Michigan with dedicated lanes for autonomous vehicles

https://www.benzinga.com/news/20/08/17121761/alphabet-backed-startup-to-build-self-driving-road-of-the-future

 

18th August, Tuesday

 

  • Oracle joins race for TikTok, reportedly in talks to acquire U.S. operations

https://www.geekwire.com/2020/oracle-joins-race-tiktok-reportedly-talks-acquire-u-s-operations/

  • Walmart’s U.S. ecommerce sales top $10B as retail giant prepares to challenge Amazon Prime

https://www.geekwire.com/2020/walmarts-quarterly-u-s-ecommerce-sales-top-10b-retail-giant-prepares-challenge-amazon-prime/

  • Seattle startup vets raise $1.3M for no-code workflow automation startup Reflective

https://www.geekwire.com/2020/seattle-startup-vets-raise-1-3m-no-code-workflow-automation-startup-reflective/

  • Apple launches Apple Music Radio with a rebranded Beats 1, plus two more stations

https://techcrunch.com/2020/08/18/apple-launches-apple-music-radio-with-a-rebranded-beats-1-plus-two-more-stations/

  • Attabotics raises a $50M Series C for its warehouse fulfillment robots

https://techcrunch.com/2020/08/18/attabotics-raises-a-50m-series-c-for-its-warehouse-fulfillment-robots/

 

19th August, Wednesday

 

  • Eyedropper startup Nanodropper lands new $500k Air Force contract as it begins shipping device

https://www.geekwire.com/2020/eyedropper-startup-nanodropper-lands-new-500k-air-force-contract-begins-shipping-device/

  • Weed vending machines debut in Colorado

https://edition.cnn.com/2020/08/19/business/cannabis-vending-machines-trnd

  • Alibaba’s archrival, JD.com’s 1-year-old health unicorn to get $830M from Hillhouse

https://techcrunch.com/2020/08/18/jd-coms-1-year-old-health-unicorn-to-get-830m-from-hillhouse/

  • India’s first Earth-imaging satellite startup raises $5 million; first launch planned for later this year

https://techcrunch.com/2020/08/19/indias-first-earth-imaging-satellite-startup-raises-5-million-first-launch-planned-for-later-this-year/

  • Hangar raises $15 million for its venture studio for government technology startups

https://techcrunch.com/2020/08/19/hangar-raises-15-million-for-its-venture-studio-for-government-technology-startups/

 

20th August, Thursday

 

  • Japanese Startup Raises $28 Million to Help Fund Moon Mission

https://www.bloomberg.com/news/articles/2020-08-20/japanese-startup-raises-28-million-to-help-fund-moon-mission

  • iFarm Raises $4 million to automate urban farming with AI and drones

https://venturebeat.com/2020/08/20/ifarm-raises-4-million-to-automate-urban-farming-with-ai-and-drones/

  • Microsoft released TypeScript 4.0, the latest iteration of the programming language for building large JavaScript web applications

https://www.zdnet.com/article/microsofts-typescript-4-0-programming-language-arrives-its-a-big-milestone/

  • Patient engagement startup raises $15 million from Google’s Gradient Ventures

https://techcrunch.com/2020/08/20/patient-engagement-startup-raises-15-million-from-googles-gradient-ventures/

  • Yalochat, a fast-growing conversational commerce startup, lands $15 million led by B Capital

https://techcrunch.com/2020/08/20/yalochat-a-fast-growing-conversational-commerce-startup-lands-15-million-led-by-b-capital/

 

21st August, Friday

 

  • In Another Edtech Funding, Lead School Raises $28 million in Series C Round

https://www.entrepreneur.com/article/355116

  • Tech Startup Set to Bring Back the BlackBerry

https://www.complex.com/life/2020/08/tech-startup-bring-back-the-blackberry

  • ExcelLand Raises $14 Million for Hotel Robots: Travel Startup Funding This Week

https://skift.com/2020/08/21/excelland-raises-14-million-for-hotel-robots-travel-startup-funding-this-week/

  • Southeast Asian tech startup investments fall 13% in first half

https://sg.finance.yahoo.com/news/southeast-asian-tech-startup-investments-fall-13-in-first-half-100147055.html

  • The face mask that talks 

https://www.dw.com/en/the-face-mask-that-talks/av-54645753

 

22nd August, Saturday

 

  • DoorDash enters city’s crowded grocery delivery race with one-hour pledge

https://www.newsbreak.com/new-york/brooklyn/news/2045355828336/doordash-enters-citys-crowded-grocery-delivery-race-with-one-hour-pledge

  • Launched with $17 million by two former Norwest investors, Tau Ventures is ready for its closeup

https://techcrunch.com/2020/08/22/launched-with-17-million-by-two-former-norwest-investors-tau-ventures-is-ready-for-its-closeup/

  • Bletchley Park, birth-place of the computer, faces uncertain future after pandemic hits income

https://techcrunch.com/2020/08/22/bletchley-park-birth-place-of-the-computer-faces-uncertain-future-after-pandemic-hits-income/

 

23rd August, Sunday

 

  • Indian startup launches e-store for COVID-19 essentials

https://www.businesstoday.in/current/corporate/indian-health-tech-startup-launches-estore-for-selling-covid19-essentials-masks-gloves-ppe-kits/story/413745.html

  • WorkPay Raises $2.1 Million Seed Capital

https://kenyanwallstreet.com/workpay-raises-2-1-million-seed-capital/

  • Medical imaging startup Nanox raises $615 million on Nasdaq

https://www.timesofisrael.com/medical-imaging-startup-nanox-raises-615-million-on-nasdaq/

  • Europe’s Software Startups Face A 6.3% Decline In Tech Spend

https://usanewssite.com/news/europes-software-startups-face-a-6-3-decline-in-tech-spend-in-a-worst-case-pandemic-economy-in-2020-one-vc-predicts-a-fourth-quarter-blood-bath/

  • Face mask with a gold and silver filters instantly destroys germs

https://www.yankodesign.com/2020/08/23/face-mask-with-a-gold-and-silver-filters-instantly-destroys-germs-to-give-you-99-clean-healthy-air/

 

We, at OpenGrowth, are constantly looking for latest news in the startup ecosystem. If you want to share any important news from last week, then do let us know in the comment section below.

 

News Curated by: Priya Nath

 Priya is an enthusiastic person who believes in gender equity and social impact. She has a keen interest in startups. Her passion includes owning innovative gadgets, networking and psychology.

Sources/References:

*Note: The content published above was made in collaboration with our members.

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Veena

Good

2021-01-28 15:41:21