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How 2 startups scaled to $50M ARR and beyond

Today, we're discussing OwnBackup and Assembly, two middle-late startups that are entering unicorn territory. The current list of venture-backed private companies we expect to go public — and the number of companies that might say yes to.....»»

Category: topSource:  techcrunchJan 27th, 2021

Apple reportedly scales up components orders for new iPhones

Apple has scaled up its components pull-ins from suppliers for new iPhones set for launch in September, looking to further expand its smartphone market shares at a time when Android handset vendors continue to face sluggish sales, according to supply.....»»

Category: topSource:  informationweekRelated NewsJul 25th, 2022

Infinio Capital launches Ignition Fund 1 to invest in global space tech startups and foster ecosystem in Taiwan

Early-stage venture capital firm Infinio Capital announced on July 20 the launch of its US$20 million "Ignition Fund 1," to invest in space tech startups and help build up a space tech ecosystem in Taiwan in the next two years......»»

Category: itSource:  digitimesRelated NewsJul 22nd, 2022

Web3 promising for startups, says AppWorks chairman

Fluctuations in stock markets and currency exchange rates have impacted venture capital investment in startups, but it is now the best time for entrepreneurs, with Web3 being a promising sector, according to Jamie Lin, chairamn for AppWorks Venture......»»

Category: itSource:  digitimesRelated NewsJul 18th, 2022

Stellantis to invest in auto, mobility tech startups

The automaker is looking to foster innovation within its ranks and be a venture capitalist that supports promising outsiders — not only to benefit those companies but to achieve its own financial goals......»»

Category: topSource:  autonewsRelated NewsJul 15th, 2022

Israeli OT Cybersecurity Startups (2): Siga elevates OT cybersecurity to "Level Zero"

It is critical to have security systems in place that prevent any unauthorized personnel from gaining access to your company's system. If an attacker were able to, they could gain control over the victim's programmable logic controllers (PLCs) and al.....»»

Category: itSource:  digitimesRelated NewsJul 13th, 2022

Klarna"s Valuation Slashed by $39 Billion Amid Fintech Rout

Klarna Bank's valuation has been slashed to $6.7 billion in its latest funding round, in a dramatic reversal for one of Europe's most high-profile startups. From a report: The buy-now-pay-later giant said it raised $800 million from new and existing.....»»

Category: topSource:  slashdotRelated NewsJul 11th, 2022

Baserow Challenges Airtable With an Open Source No-Code Database Platform

An anonymous reader quotes a report from TechCrunch: The burgeoning low-code and no-code movement is showing little sign of waning, with numerous startups continuing to raise sizable sums to help the less-technical workforce develop and deploy softwa.....»»

Category: topSource:  slashdotRelated NewsJul 6th, 2022

What May Be Coming To Startups, 2022 Edition

Elad Gil, a high-profile angel investor, writes: The high level view is that things have yet to get truly bad in private tech. 2021-2022 were an anomaly due to COVID policies which both created an incredibly cheap low interest money environment, pump.....»»

Category: topSource:  slashdotRelated NewsJul 6th, 2022

Why your API gateway is not enough for API security?

The emergence of cloud computing architectures has caused enterprises to rethink the way applications are scaled. Impetuses were put on companies to get away from deploying full-stack applications via infrastructure such as virtual machines and inste.....»»

Category: securitySource:  netsecurityRelated NewsJul 6th, 2022

Two Seattle startups racing to transform next-gen space travel

The phrase "nuclear energy" conjures images of large steaming towers or Tony Stark's arc reactor from the iconic "Iron Man" movies. But two Seattle-based startups are designing nuclear technologies small enough to pick up and carry that, thanks in pa.....»»

Category: topSource:  physorgRelated NewsJun 30th, 2022

Israeli OT Cybersecurity Startups (1): "Cyber resilience" matters for manufacturers, says Claroty

Manufacturers are advised to boost their "cyber resilience" besides cyber defense, while semiconductor makers are bracing for potential nation-state-operated cyberattacks and insider attacks, said Eddie Stefanescu, general manager of Claroty's Asia P.....»»

Category: topSource:  informationweekRelated NewsJun 29th, 2022

SEA roundup: Malaysia seeks more investment from semiconductor players

Tech startups are reportedly laying off workers as global economic uncertainties loom. Meanwhile Malaysia is seeking more investment to upgrade its semiconductor prodution and Thailand has seen car production fall sharply this year due to persistent.....»»

Category: itSource:  digitimesRelated NewsJun 27th, 2022

VW loses 2 EV execs as ID4 production begins

Former Tesla execs Matt Renna and Dustin Krause had been with VW since 2018, joining as the automaker prepared to sell EVs in the U.S. They departed in spring for jobs with EV startups as the German automaker begins producing ID4s in the U.S. for the.....»»

Category: topSource:  autonewsRelated NewsJun 25th, 2022

2 EV execs exit as VW ID4 production begins

Former Tesla execs Matt Renna and Dustin Krause had been with VW since 2018, joining as the automaker prepared to sell EVs in the U.S. They departed in spring for jobs with EV startups as the German automaker begins producing ID4s in the U.S. for the.....»»

Category: topSource:  autonewsRelated NewsJun 25th, 2022

Ericsson brings 5G patent infringement battle to the UK

Ericsson is extending its legal battle with Apple over 5G patents, with new filings indicating the patent infringement fight will also be taking place in the United Kingdom.In early 2022, Ericsson and Apple scaled up their disagreements over 5G paten.....»»

Category: appleSource:  appleinsiderRelated NewsJun 20th, 2022

EV startups in dire straits

Tesla CEO Elon Musk recently warned that US electric vehicle (EV) startups Rivian and Lucid could both go bankrupt if they do not significantly lower their costs......»»

Category: itSource:  digitimesRelated NewsJun 20th, 2022

Six Taiwan startups in top-8 at London Tech Week, says MOST

Eighteen startups participated in London Tech Week on June 13-14, focusing on smart health, AI, IOT and EedTech, to showcase Taiwan's innovations to the world, according to the Ministry of Science and Technology (MOST)......»»

Category: itSource:  digitimesRelated NewsJun 17th, 2022

Cooler Master: Venturing out into ecosystems to be tomorrow"s economy

Providing an ecosystem is sometimes all it takes. Instead of holding on to all its resources tightly, Cooler Master builds an oasis where startups, creators, marketers, distributors, buyers as well as its resources, work together to form a bubble of.....»»

Category: itSource:  digitimesRelated NewsJun 17th, 2022

Layoffs are on the rise in the midst of crypto winter

Hao Jia was so convinced in the potential of cryptocurrencies that he passed up a job at a large tech firm, Oracle, to take another offer he received in early April to be a software engineer at one of the buzziest crypto startups, Coinbase......»»

Category: topSource:  cnnRelated NewsJun 16th, 2022

Solving complex optimization problems with quantum: Q&A with Entropica Labs CEO Tommaso Demarie

Entropica Labs, a Singapore quantum computing startup, attended Computex 2022 in late May. It is one of the portfolio startups of SGInnovate, the deep tech investor of the Singapore government......»»

Category: itSource:  digitimesRelated NewsJun 15th, 2022