Urbanbase, a Seoul-based company developing a 3D spatial data platform for interior planning and design, announced today that it has raised $ 11.1 million (13 billion won) in a Series B + round as it is scaled Has. This financing round was led by Hanwha Hotel & Resort, a subsidiary of the South Korean conglomerate … Read more
It is official. Sony now owns both Crunchyroll and Funimation. The company’s Sony Pictures division closed on Monday the acquisition, valued at $ 1.175 billion. And with the deal now closed, Tony Vinciquerra, CEO of Sony Pictures, said the company’s goal was “to get a unified anime subscription as soon as possible.” Sony has not … Read more
H venture partner brought together more than 75 consumer and retail industry experts to invest in their first fund raising $ 10 million for science-backed consumer brand startups. Founder and managing partner Elizabeth Edwards (pictured above) founded the Cincinnati-based venture capital company in 2017 after 15 years as a VC with other companies, primarily in … Read more
The Amazon Go grocery store in Redmond, Washington is closing. (GeekWire Photo / Taylor Soper) The news: According to GeekWire, Amazon is renaming its Amazon Go Grocery brand to “Amazon Fresh” and is closing its Amazon Go Grocery store in Redmond, Washington, near Microsoft headquarters. The other Amazon Go grocery store in Seattle’s Capitol Hill … Read more
The automation of robot processes has increased significantly in the last few months. New York-based UiPath is well on its way to launching an IPO after earning a staggering $ 35 billion valuation in February. Local RPA startup Laiye is also making waves in China. Laiye, which develops software to mimic everyday tasks in the … Read more
While Nigeria and Kenya have been at the forefront of African fintech innovation, activities are beginning to take shape in Egypt beautiful. There is currently a burgeoning fintech startup ecosystem in Egypt. Today fintech startup Paymob announced that it has completed a Series A round valued at $ 18.5 million. In July 2020, Paymob raised … Read more
After reports that Stripe raised even more money, the payment giant has now confirmed the details. The company closed an additional $ 600 million on a $ 95 billion worth. Stripe said it will use the funds to expand its business in Europe with a focus on its European headquarters and strengthen its global payments … Read more