Walmart closes down its temporary personal shopping service, Jet black
Walmart is closing down its private shopping service, Jet Black, on February 21, after striving to find approval or extra investment. The service had provided New York-area consumers to text message requests for home delivery. Why Is The Service Shutting Down? According to its website,...
Los Angeles-situated ‘deep tech’ finance firm Riot ventures is proposing a $75M fund
Riot Ventures is a Los Angeles-situated, early-stage and broad technology finance firm. Funding Specifications It is spreading out to the market to establish a $75 million secondary fund to fund the growth of firms in LA and beyond. The firm has mostly operated below the...
AssoConnect is a service that assists you to manage your nonprofit association
AssoConnect is a French startup that is developing a software-as-a-service application to provide you with all the devices you need to maintain your nonprofit organization (association in French). The company just allocated a $7.7 million (€7 million) financing round with XAnge and ISAI managing the...
OptimoRoute allocates $6.5M Series A to support businesses plan better their routes
Route preparation seems like it’s an issue for significant logistics companies like Amazon, FedEx and UPS. Still, in certainty, it’s something all small business with more than a few mobile workers deals with. Specifics About The Investment OptimoRoute, which recently declared that it had accumulated...
Instagram provides unfollow recommendations in new ‘following categories’
Instagram will presently tell you who you communicate with least regularly in case you want to unfollow them. The Purpose Behind The New Feature & How It Works In an attempt to assist you to keep your feed clear and appropriate, now Instagram is starting...
As its fundraising delays, SoftBank’s second Vision Fund can be near-sighted
SoftBank is the technology conglomerate that changed the investment capital industry and made ripples in the technology world with its $100 billion Vision Fund. However, it may not be ready to repeat the performance or support its innovative approach to tech investing, The Wall Street...
In-depth information running wearable NURVV secures $9M Series A managed by Hiro Capital
Originated at CES 2020, NURVV, a biomechanics startup, has secured a $9m Series A round, managed by Hiro Capital, the sports/Esports VC, whose associates include Ian Livingstone CBE (Games Workshop co-founder) and Cherry Freeman (co-founder of LoveCrafts). It sets out that if you can solve...
Facebook has obtained Scape Technologies, the London-situated computer vision startup
Scape Technologies, the London-situated computer vision startup operating on location efficiency beyond the abilities of GPS, has been obtained by Facebook, according to an administrative filing. Specifics Related To The Deal Complete terms of the deal remain as yet untold, although a Companies House update...
Indian education company Byju’s allocates $200M from General Atlantic
Indian education company Byju’s announced on Friday that General Atlantic, a current investor in the startup, has pumped extra money to join its latest, ongoing investment round. More About The Investment While the Bangalore-situated startup, which assists students in learning theories from math and science...
Data breach at Indian airline SpiceJet impacts 1.2 million travellers
SpiceJet is one of India’s biggest personally owned airlines. It encountered a data breach including the details of more than a million of its travellers, a security researcher told in a statement. The Incident & Its Impact The security researcher, who explained their activities as...
