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


Floating Point raises $10 million to deploy cryptocurrency-centric strategies for investors
With the new capital, Floating Point is growing its U.S. based software engineering staff to meet surging investor demand.
2 min read


Park Place Technologies Launches programs and channel offerings for enterprise IT
Park Place Technologies simplifies the management of complex technology environments and drives Uptime for IT infrastructures worldwide.
3 min read


MonetaGo launches the first digital solution to eliminate duplicate financing fraud in trade finance
Financing fraud is a problem with payment in the country of origin, the destination country and a financial center – all on the same trade.
6 min read


Evolon closes on $16 million for turning surveillance video into real time actionable information
The avalanche of video security data will drive the need for better threat detection, nuisance alert reduction and object classification
2 min read


Octopus Network closes on $5 million and will launch its multi-chain cryptonetwork for blockchains
The Octopus Network reduces the cost of publishing appchains by millions of dollars and can host an unlimited number of appchains.
3 min read


Guinn Partners and Fortress UAV and partner to help drone, robotics and applied technology companies
The alliance fills an industry gap and market need in the world of IoT (internet of things), UAS (unmanned aircraft systems) and robotics.
2 min read


SIMBA Chain closes on $25 million for its blockchain deployment technology
SIMBA Chain was founded in 2017 through a DARPA grant awarded to the University of Notre Dame and ITAMCO.
4 min read


OneRail raises $9 million to expand its final mile delivery fulfillment SaaS platform
OneRail solves final mile delivery logistics more comprehensively than any other offering in the space.
4 min read


ProbablyMonsters closes on $200 million to develop videogames
ProbablyMonsters is building a family of sustainable game studios that create and launch original AAA games through a people-first culture,
3 min read


Claros Technologies closes on $5 million to solve sustainability problems without creating new ones
In the large-scale water treatment sector, Claros is well positioned to quickly prove themselves as a market leader in PFAS remediation.
2 min read


SwamCam"s artificial intelligence, fully featured, and app controlled pool alarm system saves lives
The SwamCam invention came about after realizing the incredible need to create a secure environment for families to safely enjoy their pools
2 min read


Betsperts raises $6 million for sports betting and fantasy sports content
The Betsperts Group expects to surpass one million lifetime downloads shortly into the 2021 NFL season.
2 min read


Zeal closes on $13 million to scale its technology for companies to build custom payroll products
Zeal is a leader in the embedded fintech ecosystem, empowering platforms to build highly individualized payroll products.
4 min read


Indian game developer SuperGaming closes on $5.5 million
The company's MaskGun recently crossed 50 million installs, while Devil Amongst Us hit 10 million installs within just 4 months of launch.
2 min read


MVP Financial (Nasdaq: MVBF) makes additional investment in payment plaform Interchecks Technologies
Interchecks simplifies and enhances payouts and 1099 compliance for organizations around the world.
2 min read


ICON raises $207 million to advance 3D printing robotics technology for home construction
ICON's groundbreaking technology has created a new paradigm for homebuilding that fundamentally changes how housing is constructed.
4 min read


Amored Things raises $12 million fo expand crowd intelligence in sports arenas and for businesses
The AI-powered platform provides facilities and security teams with an accurate, real-time understanding of people using different spaces.
3 min read


Cango (NYSE: CANG) launches Auto View focused on vehicle technologies
Cango is a leading automotive transaction service platform in China connecting dealers, financial institutions, and car buyers.
2 min read


Motion2AI closes on $12.6 million to develop AI services for warehouse mobility
Advanced warehouse mobility technology is rapidly expanding to customers large and small in the logistics market.
2 min read
Featured Video - A conversation with Neil Epstein, CEO and inventor of Omnipad
Neil discusses Omnipad's technology, potential applications, the current status of the company, and the company's investment opportunity.
1 min read
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