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Huawei seeks growth in internet of things as phone business suffers

Huawei seeks growth in internet of things as phone business suffers

by admin | Mar 31, 2021 | News

Huawei’s struggles amid U.S.-China trade tensions are driving it to seek opportunities in other smart devices, setting itself up against a raft of hardware makers at home and abroad. The Chinese tech giant recorded sluggish revenue growth in 2020, climbing just 3.8%...
Apple invests $50M into music distributor UnitedMasters alongside A16z and Alphabet

Apple invests $50M into music distributor UnitedMasters alongside A16z and Alphabet

by admin | Mar 31, 2021 | News

Independent music distribution platform and tool factory UnitedMasters has raised a $50M series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is also entering a strategic partnership with Apple alongside this...
Accel-backed mobile money platform NALA to start offering remittance services to East Africa

Accel-backed mobile money platform NALA to start offering remittance services to East Africa

by admin | Mar 31, 2021 | News

According to a McKinsey report, the total number of mobile money services worldwide was 282 in 2017, with more than half of those operating in sub-Saharan Africa.  In 2020, these numbers increased significantly, but the ratio remained similar.  In 96 countries, there...
Kaya VC launches its new $80M fund, focusing on Prague, Warsaw and the CEE region

Kaya VC launches its new $80M fund, focusing on Prague, Warsaw and the CEE region

by admin | Mar 31, 2021 | News

Kaya VC’s new €72 million ($80m) fund will focus on startups in Prague, Warsaw and the wider CEE region. Previously called Enern, the Central and Eastern European VC — which, historically, started out investing in wind-farms and ended up invested in software — has...
Cryptocurrency wallet and blockchain tech startup imToken raises $30 million Series B

Cryptocurrency wallet and blockchain tech startup imToken raises $30 million Series B

by admin | Mar 31, 2021 | News

imToken, the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Participants included returning investor IDG Capital, and new backers Breyer Capital, HashKey, Signum...
Remote-controlled forklifts have arrived in France, courtesy of Phantom Auto

Remote-controlled forklifts have arrived in France, courtesy of Phantom Auto

by admin | Mar 31, 2021 | News

Global logistics company Geodis has tapped startup Phantom Auto to help it deploy forklifts that can be controlled remotely by human operators located hundreds, and even thousands, of miles away. The aim is to use the technology to reduce operator fatigue — and the...
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