by admin | Jun 16, 2020 | News
BYD Co., the Chinese auto giant backed by Warren Buffett, is rushing to make China self-sufficient in the production of electric vehicles. On Monday, the firm said in a filing it has secured 800 million yuan ($113 million) in a Series A+ round for its chipmaking arm,...
by admin | Jun 16, 2020 | News
Dresden, Germany-based Wandelbots – a startup dedicated to making it easier for non-programmers to ‘teach’ industrial robots how to do specific tasks – has raised a $30 million Series B funding round led by 83North, an with participation from Next47 and Microsoft’s...
by admin | Jun 16, 2020 | News
Grab is laying off about 360 people, or slightly under 5% of its employees. Co-founder and CEO Anthony Tan made the announcement in a letter to Grab employees today. A Grab spokesperson told TechCrunch that the company will not be shutting down offices, and that this...
by admin | Jun 16, 2020 | News
The law firm Fenwick & West has published some new data to highlight how Covid-19 has impacted the world of venture capital in Silicon Valley. The biggest surprise? It’s how little impact the global pandemic seems to have had on dealmaking this spring. Consider...
by admin | Jun 16, 2020 | News
Stockwell AI entered the world with a bang but it is leaving with a whimper. Founded in 2017 by ex-Googlers, the AI vending machine startup formerly known as Bodega first raised blood pressures — people hated how it referenced and poorly ‘disrupted’ mom-and-pop shops...
by admin | Jun 16, 2020 | News
Rocket Lab is creeping closer to its goal of weekly launches with its 13th commercial mission, nicknamed “Pics Or It Didn’t Happen,” which, if all goes well, will take off only three weeks after the last one. “Don’t Stop Me Now” got to orbit successfully over the...
