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TechNews
Featuring news on business transactions, innovation, strategic relationships, launches of technology and investment


Klarity closes financing for fully-automated document processing and management platform for finance
With roots at MIT and Harvard, we've built an AI-powered software that understands documents the same way humans do...
4 min read


FInTech BasicBlock closes on $78 million to reshape trucking finance and expand its payment platform
The company's mission is to help fleets get paid more quickly and increase access to affordable working capital.
3 min read


ClimateTrade raises $12 million to expand its blockchain-enabled climate marketplace
Our blockchain-backed marketplace allowed companies to offset almost 2 million tons of CO2 in 2021 alone.
2 min read


Insuretech startup Honeycomb closes on $15 million for multi-family digital insurance
"Honeycomb is poised to change the game of real estate insurance,"
3 min read


Climate-tech start-up Colossus closes on funding for solar software to fuel growth of clean energy
Colossus's driving force is to reimagine the fragmented and rapidly evolving solar marketplace through a unique portfolio of technologies.
2 min read


The warehouse robotics leader Exotec closes on $335 million to advance warehouse automation
Exotec's signature solution, The Skypod system, utilizes robots that can reach a height of 36 feet to enable high-density inventory storage.
3 min read


Purlin closes on funding and announces strategic relationship with Douglas Elliman
Purlin combines AI, Image Recognition and Natural Language Processing to Power Residential Real Estate Search and Client conversion.
4 min read


Mangata Networks closes on $33 million for its satellite/edge computing network
Using a proprietary network of satellites and terrestrial systems, Mangata is connecting people, machines, and devices across the world.
4 min read


Wyoming-based Language I/O raises $6.5 million for its multilingual customer engagement technology
Language I/O enables Fortune 500 companies to communicate with customers anywhere through proprietary machine learning technology.
3 min read


ReadyWorks closes on $8 million to grow its Digital Platform Conductor Technology to transform IT
ReadyWorks is a digital platform conductor (DPC), an emerging technology that leverages AI and intelligent automation to reduce risk.
3 min read


Coast Autonomous and Cargotec's Kalmar join to speed up the development of robotic solutions
Coast Autonomous has developed a proprietary autonomous vehicle system that includes mapping and localisation, robotics and AI.
2 min read


IT managed serviced provider Edafio Technology Partners receives strategic investment
Since 1999, Edafio has helped clients build and protect their businesses through information technology, cloud services, and cybersecurity..
2 min read


Voyant Photonics closes on $15.4 million for its key LIDAR system technology
Voyant's LiDAR chips pave the way for large-scale adoption of 3D sensing.
4 min read


Fullcast closes on $4 million to move forward its go-to-market software integration platform
"The boost in sales productivity that Fullcast provides their customers is unlike anything we've seen in the market."
2 min read


Peak Nanosystems wraps up another $25 million for its optical lenses and developmental scale films
This additional capital will allow us to scale the technology to fully realize the potential of the nanolayer technology...
2 min read


Warpspace closes on funds for the world’s first inter-satellite optical communication service
Removing the communications bottleneck in space is inevitable in order to more utilize the earth observation data captured by satellites.
3 min read


Duality Technologies closes on $30 million to advance its privacy-enhanced data collaboration
Founded by world-renowned cryptographers and data scientists, Duality has harnessed its foremost expertise in Homomorphic Encryption.
4 min read


PointsKash receives seed financing to revolutionize how consumers use their loyalty rewards
PointsKash intends to overcome the discontent expressed by consumers related to their inability to spend reward points at places they like.
3 min read


Esports infrastructure FYX Gaming receives additional funding for its infrastructure and technology
FYX offers esports products and services, with innovative solutions spanning game monetization, integrity, data and analytics.
3 min read


Phiar Technologies raises early-round of $12 million for AI-powered automotive navigation
Phiar enables vehicles to understand the environment better for intelligent navigation, smart parking, HD mapping, live road conditions,
3 min read
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