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


The ag-tech robotics and Ai company Iron Ox, closes on $53 million to expand grocery store presence
We are applying technology to minimize the amount of land, water and energy needed to nourish a growing population.
4 min read


ClickHouse formed as an analytical processing database management system and raises $50 million
ClickHouse offers a radical breakthrough in OLAP scale and performance and has already captured the imagination of companies including Uber.
3 min read


Truepic closes on $26 million led by Microsoft Venture Fund for its secure camera technology
The explosion of deceptive visual media online has bred an incredible amount of distrust among consumers and businesses alike.
3 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


Innovusion closes on $66 million its LIDAR technology for autonomous vehicles
"“LiDAR is an essential technology enabling the development and global adoption of new autonomous vehicles. "
4 min read


Fuse Autotech raises $10 million for its software platform that redefines the auto buying process
FUSE is a business platform that automates the entire automotive purchase and finance experience cloud-based AI predictive finance system.
3 min read


CoreChai closes on $1.25 million for its disruptive B2B payment solutions using blockchain
"Since its launch in September 2020, CoreChain has processed over $300 million in B2B payments for enterprise buyers..."
2 min read


Scotland-based space technology R3-IoT raises $4.3 million for satellite, cellular, and IoT
This is the right company at the right time that will benefit from new backhaul capacity through low-Earth orbit satellite communications
2 min read


IPromote the leading digitial advertising technology platform receives strategic investment
The Company’s software platform automates the creation, targeting, and execution of high quality, tailored digital advertising...
2 min read


JetBlue Technology invests in Transparent, the leader in market intelligence for vacation rentals
“Given JetBlue’s interest in offering short-term rental options to its customers and the travel industry’s recent demand volatility..."
3 min read


Alnnovation closes financing for technology to empower manufacturing with artificial intelligence
The smart manufacturing area focused by AInnovation has considerable value-added potential for its customers.
2 min read


Sharpen Technologies raises $14 million to further development of cloud contact center platform
The latest round of financing brings the total amount raised by Sharpen to over $55 million.
3 min read


Financial Services Platform Company, Social Finance to merge with SPAC and trade on Nasdaq on June 1
SoFi raised approximately $2.4 billion in cash proceeds from the transaction to fuel growth, market expansion and development of new...
5 min read


Parting Stone closes on financing to expand its alternative to ashes after cremation
Parting Stone will use the investment to grow its network of 200+ local funeral home partners nationwide...
3 min read


Rackspace Technology makes a strategic investment in Platform9 and begins collaboration
Driven by a shared multicloud vision, both companies will collaborate and deeply align on products, technologies, and go-to-market...
3 min read


Skycatch raises $25 million for new initiatives for climate-resilient infrastructure
Digital twin technology is helping construction and mining companies worldwide reduce CO2 emissions
3 min read


TDK Ventures raises $150 million for global investments in industries including materials science
This new fund renews our commitment to supporting hard-tech entrepreneurs creating innovations for the greater good.
4 min read


The global contextual advertising tech company, GumGum receives an investment of $75 million
Cookies are being phased out and consumer privacy regulations are becoming more stringent. We believe GumGum is well positioned to benefit..
2 min read


Attensi closes on $26 million to train people via immersive, 3D simulations of their workplace
Whether on mobile, desktop, or VR, Attensi solutions empower people to learn new skills and behaviours in a fun, engaging way.
4 min read


McDermott Emphasizes Technology Focus Completing Investment in Lummus Technology
McDermott Reinforces Technology Focus, Completes Minority Investment in Lummus Technology ...About McDermott McDermott is a premier,...
1 min read
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