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India’s ShareChat valued at $2.88 billion in $145 million fundraise

India’s ShareChat valued at $2.88 billion in $145 million fundraise

by admin | Jul 27, 2021 | News

Indian social media platform ShareChat said on Tuesday it has raised an additional $145 million and is now valued at nearly $3 billion, months after it secured $502 million at a valuation of $2.1 billion. Temasek and Moore Strategic Ventures led the new tranche of...
Freightify lands $2.5M to make rate management easier for freight forwarders

Freightify lands $2.5M to make rate management easier for freight forwarders

by admin | Jul 27, 2021 | News

Freight forwarders often keep track of rates on spreadsheets they email to customers, but the pandemic has made that difficult because prices are constantly fluctuating. Freightify, a startup that refers to itself as the “Shopify for maritime freight,” provides...
Nium crosses $1B valuation with $200M Riverwood Capital-led round

Nium crosses $1B valuation with $200M Riverwood Capital-led round

by admin | Jul 27, 2021 | News

Business-to-business payments platform Nium announced Monday that it raised more than $200 million in Series D funding and saw its valuation rise above $1 billion. The company, now Singapore-based but shifting to the Bay Area, touted the investment as making it “the...
Tesla delays Semi truck to 2022; Cybertruck back-burnered for Model Y

Tesla delays Semi truck to 2022; Cybertruck back-burnered for Model Y

by admin | Jul 27, 2021 | News

Tesla is pushing the launch of its electric Semi truck program to 2022 due to supply chain challenges and the limited availability of battery cells, the company said in its second-quarter earnings report Monday. Tesla CEO Elon Musk has warned about battery supply...
Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue

Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue

by admin | Jul 27, 2021 | News

Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage and solar business. The demand picture will get even sunnier for the division if the company can access enough...
No new Galaxy Note this year as Samsung’s foldables gain S Pen functionality

No new Galaxy Note this year as Samsung’s foldables gain S Pen functionality

by admin | Jul 26, 2021 | News

Samsung sent out invites for its August 11 Unpacked event last week. While it’s clear this is going to be packed (somewhat ironically) even by the company’s standards, the event may well be as notable for what it doesn’t include. Namely, a slew of rumors have pointed...
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