Byju’s secured favorable outcomes in two court hearings Thursday, paving the way for the embattled edtech startup to move ahead with the extraordinary general meeting scheduled for Friday. The National Company Law Tribunal refused to stay on Thursday Byju’s planned EGM to increase the authorized share capital for the $200 million rights issue. The matter […]
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Climate-tech VC Satgana has reached a final close of its first fund, which targets to back up to 30 early-stage startups in Africa and Europe. The VC firm reached a final close of £8 million ($8.6 million) following commitments from family offices and high-net-worth individuals, including Maurice Lévy of the Publicis Groupe, and Back Market […]
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StealthMole, an AI-powered dark web intelligence startup that specializes in monitoring cyber threats and detecting cybercrime, announced Thursday that it has raised a $7 million Series A funding round. The Singapore-headquartered startup with an R&D office in South Korea will use the fresh capital to establish additional R&D centers and support more commercial uses of […]
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By any benchmark, Accel is among the top venture firms in India. With nearly two dozen Indian unicorn startups, including several category leaders, Accel’s track record speaks for itself. But yet, the partners leading the firm’s early-stage accelerator program, called Atoms, are uncharacteristically introspective about their learnings and the changes they have been implementing to […]
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Robots made their stage debut the day after New Year’s 1921. More than half-a-century before the world caught its first glimpse of George Lucas’ droids, a small army of silvery humanoids took to the stages of the First Czechoslovak Republic. They were, for all intents and purposes, humanoids: two arms, two legs, a head — […]
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Amazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The $1.25 billion it invested at the time must be producing results, or perhaps they’ve realized that there are no other horses available to back. The September deal put $1.25B into the […]
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Oregon Governor Tina Kotek on Tuesday signed Senate Bill 1596 into law, joining California, Colorado, Maine, Massachusetts and Minnesota in a growing list of states embracing a right to repair for citizens. The law is set to go into effect January 1. The bill’s coauthors Janeen Sollman and Representative Courtney Neron took inspiration from California’s […]
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