Tag: Companies
Workforce training app developer Poka adds strategic investor Schneider Electric
Poka, a workforce training app and software service for industrial companies, has added SE Ventures, the venture capital arm of the European energy and automation conglomerate Schneider Electric to its roster of backers. The company has raised over $23 million in funding so far for its application and software services…
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Belvo scores $10M from Founders Fund and Kaszek to scale its API for financial services
Belvo, a Latin American fintech startup which launched just 12 months ago, has already snagged funding from two of the biggest names in North and South American venture capital. The company is aiming to expand the reach of its service that connects mobile applications in Mexico and Colombia to a…
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Nuro’s self-driving vehicles to deliver prescriptions for CVS Pharmacy
Nuro, the autonomous robotics startup that has raised more than $1 billion from Softbank Vision Fund, Greylock and other investors, said Thursday it will test prescription delivery in Houston through a partnership with CVS Pharmacy. The pilot, which will use a fleet of the startup’s autonomous Toyota Prius vehicles and…
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UK government reverses course on Huawei’s involvement in 5G networks
Conservative members of the United Kingdom’s government have pushed Prime Minister Boris Johnson to draw up plans to remove telecom equipment made by the Chinese manufacturer Huawei from the nation’s 5G networks by 2023, according to multiple reports. The decision by Johnson, who wanted Huawei’s market share in the nation’s…
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New non-profit from Google Maps co-creator offers temporary ‘safe’ passes to aid COVID-19 reopening effort
There are a number of different technologies both proposed and in development to help smooth the reopening of parts of the economy even as the threat of the global COVID-19 pandemic continues. One such tech solution launching today comes from Brian McClendon, co-founder of Keyhole, the company that Google purchased…
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KKR to invest $1.5 billion in India’s Reliance Jio Platforms
Mukesh Ambani’s Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major investment in the top Indian telecom firm in just as many weeks. On Friday, KKR announced it will invest $1.5 billion in the Indian top telecom operator, a…
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