Tag: Softbank
Zeta becomes a unicorn with $250 million SoftBank-led funding
Zeta, a startup that helps banks and fintech firms launch products, is the newest to attain the coveted unicorn status after closing a new financing round. The embedded finance firm, co-founded by veteran Indian entrepreneur Bhavin Turakhia, said on Monday it has raised $250 million in its Series D round…
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Exeger takes $38M to ramp up production of its flexible solar cells for self-powered gadgets
Sweden’s Exeger, which for over a decade has been developing flexible solar cell technology (called Powerfoyle) that it touts as efficient enough to power gadgets solely with light, has taken in another tranche of funding to expand its manufacturing capabilities by opening a second factory in the country. The $38…
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Volvo to supply cars for Didi’s global autonomous driving fleets
As the autonomous driving race in China heats up, Didi is rushing to expand its car fleets by picking Swedish automaker Volvo, an old partner of Uber, as its ally. Didi said on Monday it will be using the XC90 SUVs of Volvo, which has been owned by Chinese auto…
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Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist
Olist, a Brazilian e-commerce marketplace integrator, has raised $23 million in a Series D round extension led by new investor Goldman Sachs Asset Management that brings its total Series D financing to $80 million. Existing backer Redpoint Ventures, which first put money in Olist in 2015, also participated in the…
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SoftBank in talks to invest up to $500 million in Swiggy
SoftBank Vision Fund 2 is in advanced stages of talks to invest up to half a billion dollars into food delivery startup Swiggy, two sources familiar with the matter told TechCrunch. The new investment values the Indian startup at about $5.5 billion, the sources said. The new investment would add…
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Grasping at hidden objects
Robotics roundup: Happy National Robotics week, some exoskeletons and robotic storage wars Brian Heater @bheater / 7 hours Happy Robotics Week, to those who celebrate. I know a lot of us are unable to be with our loved ones this year, which means no robotics tree, robotics baskets full of…
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