Tag: Startup

The European Commission has announced a partnership with Bill Gates’ sustainable energy funding vehicle with the goal of unlocking new investments for clean tech and sustainable energy projects totalling up to $1BN (€820M) over five years (2022-2026). EU-based projects the partnership will focus on initially fall into four sectors which are being prioritized for their…

VANCOUVER, British Columbia, June 02, 2021 (GLOBE NEWSWIRE) — BetterLife Pharma Inc. (” BetterLife” or the ” Company”) (CSE: BETR / OTCQB : BETRF / FRA: NPAU), an emerging biotech company, is pleased to announce that it has appointed Mr. Henri Sant-Cassia, co-founder of The Conscious Fund, to its Board of Directors. Mr. Sant-Cassia has 10…

Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence. The new round, a Series C, was led by Singapore’s sovereign wealth fund GIC. Qualcomm Ventures and existing investors Tiger Global Management…

German startup Wefox has raised a $650 million Series C funding round led by Target Global. Following this funding round, the company has reached a post-money valuation of $3 billion. Wefox is a digital insurer focused on personal insurance products, such as household insurance, motor insurance and personal liability insurance. “It’s much more than we…

The world of professional services has long relied on contractors to fill in for assignments and projects that might not be a part of the course of daily work, but are essential work nonetheless. Today, a startup that’s built a marketplace to make it easier for freelance developers, designers and others with technical skills with…

Here are five things you must know for Tuesday, June 1: 1. — Stock Futures Rise and Commodities AdvanceStock futures pointed to a higher start for Wall Street Tuesday and commodities rose as investors were optimistic about the revival of the U.S. economy. Contracts linked to the Dow Jones Industrial Average gained 169 points, S&P…

Freight forwarding — the process of organising how and where items will be shipped around the world, and specifically the technology that underpins that work — continues to be a huge area of the logistics market, not least because of the huge boom in e-commerce in the last year, and because of the Covid-19-mandated need…

Databricks CEO Ali Ghodsi and his cofounders weren’t interested in starting a business, and even less interested in making a profit on the tech. Eight years later, at least three are billionaires. Inside a 13th-floor boardroom in downtown San Francisco, the atmosphere was tense. It was November 2015, and Databricks, a two-year-old software company started…

MOSCOW, May 31, 2021 /PRNewswire/ — Rustam Gilfanov, the founder of the Ural Plant of Deicing Materials (UZPM, Perm Territory), is forming a new business community aimed at creating and developing sustainable growth of existing production sites, including with the involvement of external players. The created structure will be supervised by the management company Winter…

RADNOR, Pa., May 31, 2021 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of PureCycle Technologies, Inc. (PCT) (“PureCycle”) f/k/a Roth CH Acquisition I Co. (“Roth Acquisition”) (ROCH) that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired PureCycle securities between November…