Wi-fi charging tech developer Powermat pivots to industrial capabilities with Jetsons Robotics partnerhsip
When the two year-old Indian company Jetsons Robotics began searching for a partner to help design charging stations for their autonomous rooftop solar installation cleaning robots, the Israeli company Powermat was an obvious choice. While the company had made its name as the designer for wireless charging technologies for consumer electronics, over the past two…
Digital securities platform iSTOX closes $50 million Sequence A to achieve private fairness accessible...
Oi Yee Choo, chief commercial officer of digital securities platform iSTOX iSTOX, a digital securities platform that wants to make private equity investment more accessible, has added new investors from Japan to its Series A round, bringing its total to $50 million. Two of its new backers are the government-owned Development Bank of Japan and…
Indian stock exchanges approve $3.4B Reliance and Future deal in setback for Amazon
Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 billion in the world’s second largest internet market and sought to block the aforementioned deal. The Bombay Stock Exchange said in a notification that it…
Wattpad, the storytelling platform, is selling to South Korea’s Naver for $600 million
Wattpad, the 14-year-old, Toronto-based, venture-backed storytelling platform with reach into a number of verticals, is being acquired by Naver, the South Korean conglomerate, in a $600 million cash-and-stock deal. Naver plans to incorporate at least part of the business into another of its holdings, the publishing platform Webtoon, which Naver launched in 2004, brought to…
Reflections on the first all-virtual CES
I’ve spent more time than I care to mention over the last several years wondering aloud about the value of in-person trade shows. There’s something seemingly antiquated in the idea of jamming a bunch of people in a room, walking from booth to booth. Sure, they’ve fulfilled an important need in the past, but aren’t…
Fearless web browser provides native improve for undercover agent-to-undercover agent IPFS protocol
The decentralized tech community is aiming to find support for technologies that go beyond cryptocurrency support. In a blog post today the team at Brave announced that they have worked with Protocol Labs to integrate native support for the InterPlanetary File System (IPFS) inside their browser. The peer-to-peer file-sharing standard launched in 2015 and has…
Elon Musk acknowledged it was as soon as ‘Now now not a Flamethrower’
After two days locked up in an Italian prison, American Max Craddock was finally able to make his case to a judge. “It’s not a weapon of war,” his lawyer told the investigating magistrate. “It’s a toy they sell to children.” Craddock had been arrested in the Sardinian port city of Olbia in June 2018…
Each day Crunch: Microsoft backs Cruise
Autonomous vehicle company Cruise raises a $2 billion new round, Netflix keeps growing and WhatsApp faces more privacy concerns. This is your Daily Crunch for January 19, 2021. The big story: Microsoft backs Cruise Cruise announced today that it has raised $2 billion in new funding at a $30 billion valuation, with Microsoft joining as…
Singapore-primarily based totally Volopay raises $2.1 million seed spherical to construct a “monetary relieve...
Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 million in seed funding. The round was led by Tinder co-founder Justin Mateen, and included participation from Soma Capital, CP Ventures, Y Combinator, VentureSouq, the founders of Razorpay, Antler and other angel investors. The funding will be used…
Gillmor Gang: Twitter+
The best thing about 2020 is we survived it. No need to say what the worst thing is, it’s hands down our collective stupidity in the choices we’ve made. That reality has forced us to refactor what we do moving forward. If we had correctly understood the massive changes ahead, we would not be wondering…