Techstars and ARM Labs Announce 12 Startups for Second Cohort of African Accelerator Programme
Techstars, in collaboration with ARM Labs, has revealed the 12 selected companies for the second cohort of its African-focused accelerator programme...
Tough Times for Tech: Layoffs Rise as Funding Dries Up in 2023
In 2023, more than 500 startups have closed, and over 250,000 people have lost their jobs in the tech sector...
Tech Startup CEO Faces Accusations of Forcing Employee into “Sex Slave” Contract
In a deeply disturbing turn of events, a former employee has leveled serious allegations against Christian Lanng, the co-founder and former CEO of Tradeshift, a tech startup...
M&G Catalyst Leads $340 Million Funding Round for Udaan
M&G Catalyst, the investment arm of the UK retail bank M&G, has spearheaded a monumental funding round, injecting $340 million into Udaan...
UK Boosts Satellite Launch Ambitions: Orbex and HyImpulse Secure £6.7m Funding
The race for space dominance is intensifying as two UK-based companies, Orbex and HyImpulse, secure a substantial funding boost of over £6.7 million...
Starlink Faces FCC Rejection: $886M Subsidies Bid Falls Flat
The Federal Communications Commission (FCC) has dealt a significant blow to Elon Musk's Starlink by rejecting its ambitious $886 million subsidy bid from the Universal Service Fund...
African Countries Plan Startup Visas and Charter to Tackle Brain Drain
Ministers of technology from Algeria, South Africa, Tunisia, Botswana, and Nigeria are collaborating to introduce startup visas as part of a broader effort to address brain drain and foster innovation...
Vegrow Cultivates $46M Funding to Revolutionize India’s Agritech Landscape
Chifu Agritech Pvt Ltd, the force behind the business-to-business (B2B) fruits marketplace Vegrow, has reaped the rewards of a successful Series C funding round, securing a total of $46 million…
Agilitas Sports Secures Rs 100 Crore in Latest Funding Round
Agilitas Sports, the Bengaluru-based sportswear and athleisure solutions platform, has made headlines yet again by successfully raising Rs 100 crore (approximately $12 million) in its latest funding round...
Tome Biosciences Raises $213 Million for CRISPR-Based Genome Editing
Tome Biosciences, a genome editing company, has unveiled its presence and announced raising $213 million in its Series A and B financing rounds...