TopTechTrends

Neura Robotics picks up $55M to ramp up in cognitive robotics

July 19, 2023
Neura Robotics, a German startup that since 2019 has been building cognitive robots — machines that possess memory, the ability to operate across a complex and changing mix of variables, and can collaborate with people (“cobots” as Neura calls them) — has raised $55 million. It plans to use the funding to fuel more R&D […]

Korean fashion platform Musinsa bags $190M Series C led by KKR at a $2.7B valuation

July 19, 2023
Musinsa, a Seoul-based fashion marketplace, said Wednesday it has raised a $190 million round of Series C funding led by KKR, with participation from Wellington Management.  The new capital put Musinsa’s valuation at approximately $2.76 billion (more than 3 trillion won), per sources familiar with the situation. The Korean fashion e-commerce startup declined to provide […]

Shark Tank India investors fall short on pledges

July 19, 2023
Over a year following the inaugural season of the Indian edition of Shark Tank, the seven esteemed investors made good on less than half of their investment pledges, according to a new analysis, the latest in a series of criticisms for the show. The “sharks” overall invested in only 27 of the 65 investment pledges […]

Former NHTSA head blasts Cruise’s ‘Humans are terrible drivers’ ad

July 19, 2023
A former administrator of the National Highway Traffic Safety Administration (NHTSA) has responded to a full-page ad taken out in several major newspapers by Cruise, General Motors’ self-driving subsidiary, that calls humans terrible drivers. The ad points to the nearly 43,000 crash fatalities in 2022 and promotes autonomous vehicles as the solution. “Using the pain […]

Forerunner Ventures sees a future full of “digitally native franchises”

July 19, 2023
Forerunner Ventures made its name in the venture world by betting on once-nascent startups like Jet, Bonobos and Glossier when it was far easier to build a digitally native brand than today. But as commerce has evolved, so has the firm. As part of that evolution, Forerunner five years ago brought aboard veteran VC Brian […]

Basecamp introduces special reduced pricing in India

July 18, 2023
Basecamp, one of the widely used project management tools first released in 2004, is now available to users in India with special reduced pricing that is as low as about $4 a month. On Tuesday, 37signals co-founder and CEO Jason Fried announced the reduced pricing of Basecamp for new customers in India. The tool is […]