On Friday, Astanor Ventures, a backer French insect breeder Ynsect as well as Germany’s vertical farmer InFarm stated, it had raised a $325 million fund to invest in sustainable agriculture, food, and ocean technology startups. The new fund will back ventures that seek to make the food supply more resilient to climate change and attempt…
In a significant development, SoftBank-backed used-car platform Kavak has become Mexico’s first ever tech “unicorn”. The startup was valued at $1.15 billion in its latest funding round last month, said its CEO Carlos Garcia. Since its founding in 2016, Mexico City-based Kavak has raised more than $400 million in total funding with SoftBank, Greenoaks Capital…
In a significant development, a federal judge said, she was “inclined” to grant Epic Games’ request to block Apple Inc’s move to remove its developer accounts from its App Store saying she saw “no competition” to Apple’s App Store on the iPhone. The development comes in the wake of Epic filing an antitrust lawsuit against…
India’s steel-to-autos conglomerate Tata Group, is making a big effort towards clean vehicles; it plans on producing electric cars and batteries, build recycling plants and set up charging stations around the country, said senior executives said on Tuesday. They went on to add, more than half a dozen companies, including Tata Chemicals, Tata Motors, Tata…
In recent years, Huawei has shot up surprising fast into the global smartphone business. A U.S. ban citing theft of intellectual property and being a threat to U.S. national security has however crippled its sales outside China. On September 18 Huawei Technologies plans to launch its new Mate 30 line of smartphones in Munich, said…
Softbank Group has spread its investment across major players in India’s burgeoning e-commerce market, including in home-grown Flipkart, Snapdeal and Paytm E-Commerce. As per a regulatory filing, as part of a funding round that values India’s Paytm E-Commerce Pvt. Ltd at $1.9 billion, Japan’s SoftBank Group will invest $400 million with exsiting investor Alibaba also…
With airborne carbon dioxide being continuously absorbed by our oceans, their acidity levels are on the rise. The unique ecosystem in the Artic is now threatened. This isn’t just about polar bears and seals, unless this trend is stopped and reversed, this is going to bite us back. Climate change isn’t just affecting polar bears…
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