Sberbank, Russia’s largest bank and the 33rd-biggest on earth, has made a huge pivot to tech, as it bids to revamp its image for the digital age. Today the Moscow-headquartered firm inaugurated…
Dyson to Kick Off $3.7bn Tech Spending Spree
British appliances firm Dyson says it will invest an extra £2.75bn ($3.67bn) in new technology over the next five years, as it aims to double the number of products it sells. The…
During Native American Heritage Month, Here are Some of the Most Exciting Native-run Startups in the US
This month America celebrates Native American Heritage Month with a host of online and in-person events, covering historic issues, culture and modern politics affecting the country’s 562 tribes. The problems facing Native…
Restaurant Tech Firm Toast Reaches $8bn Valuation After Cutting Staff
Toast, a Boston-based restaurant point-of-sale (POS) tech startup, has soared to an $8 billion valuation just seven months after slashing staff numbers by half. Toast laid off 1,300 staff this April amid…
Milan’s Kampaay Wins $689,000 for Digital Events Platform
Italian startup Kampaay, a platform that streamlines event organization, has won a €580,000 ($689,000) funding round to expand its solution. The firm, founded out of Milan’s Politecnico university, hooks events planners up…
Belgium’s Astanor Ventures Raises $324m for Europe’s Biggest Impact Fund
Astanor Ventures, a Brussels-based venture capital firm, has raised €273 million ($324m) for a fund aiming to “revolutionize the food and agriculture sector.” The company will invest its newfound cash exclusively in…
“Singles Day” Breaks Alibaba Records – But Regulation Knocks Chinese Stocks
Alibaba, the Chinese tech giant, has pulled in record sales figures. Yet not all is rosy for the firm. In previous years “Singles Day”—a Chinese Black Friday—has been measured in 24-hour frames.…
Spotify Buys Megaphone for $235m
Swedish music streaming giant Spotify has acquired podcast advertising and publishing firm Megaphone, in a deal worth a reported $235 million. The deal will help Spotify provide targeted ads, and expand advertising…
Biden Win Could Bring End to US Broadband Deserts
As Joseph R. Biden Jr celebrates his victory to become the United States’ 46th President, he has pledged to unite Americans behind his leadership. One key area in which the country is…
Ayar Labs Raises $35m Series B To Push “Chiplet” Technology
American chip-processing starting Ayar Labs has secured a $35 million Series B funding round, to help grow its novel I/O-replacement technology. The Emeryville, California-based firm received the round from co-leaders Downing Ventures…