The Latest from Catherine Shu
Huawei’s struggles hurt overall smartphone shipments in China, but rivals like Apple found new opportunities
The impact of United States government sanctions on Huawei is continuing to hurt the company and dampen overall smartphone shipments in China, where it is the largest smartphone vendor, according to a
Stilt, a financial services provider for immigrants, raises $100 million debt facility from Silicon Valley Bank
Stilt, a provider of financial services for immigrants in the United States, announced today it has raised a $100 million warehouse facility from Silicon Valley Bank for lending to its customers. This
Lynk, a “knowledge-as-a-service” platform with more than 840,000 experts, raises $24 million
Lynk, a “knowledge-as-a-service” platform that connects clients with over 840,000 experts in a wide range of fields, announced today it has raised $24 million led by Brewer Lane Ventures a
LottieFiles, a platform for the animation format, lands $9 million Series A led by M12, Microsoft’s venture fund
LottieFiles, a platform for JSON-based Lottie animations, has raised a Series A of $9 million. The round was led by M12, Microsoft’s venture capital arm, with participation from returning investor 5
CrediBook gets $1.5 million to help Indonesian retail wholesalers digitize their finances
CrediBook, a startup that helps Indonesian retail wholesalers digitize the financial side of their operations, has raised $1.5 million in pre-Series A funding led by Wavemaker Partners, with participa
Google pledges grants and facilities for COVID-19 vaccine programs
Google said today it is taking several steps to help with COVID-19 vaccine distribution in the United States, including grants and opening its facilities to vaccination programs. The tech giant is amo
JustKitchen is using cloud kitchens to create the next generation of restaurant franchising
JustKitchen operates cloud kitchens, but the company goes beyond providing cooking facilities for delivery meals. Instead, it sees food as a content play, with recipes and branding instead of music or
Cloud infrastructure startup CloudNatix gets $4.5 million seed round led by DNX Ventures
CloudNatix, a startup that provides infrastructure for businesses with multiple cloud and on-premise operations, announced it has raised $4.5 million in seed funding. The round was led by DNX Ventures
Creative Fabrica, a platform for digital crafting resources, lands $7 million Series A
Creative Fabrica is best known as a marketplace for digital files, like fonts, graphics and machine embroidery designs, created for crafters. Now the Amsterdam-based startup is planning to expand into
Digital securities platform iSTOX closes $50 million Series A to make private equity accessible to more investors
ISTOX, a digital securities platform that wants to make private equity investment more accessible, has added new investors from Japan to its Series A round, bringing its total to $50 million. Two of i
Singapore-based Volopay raises $2.1 million seed round to build a ‘financial control center’ for businesses
Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 million in seed funding. The round was led by Tinder co-founder
Samsung vice chairman Jay Y. Lee sent back to prison in bribery case
Samsung Electronics vice chairman Jay Y. Lee is back in prison following a retrial of his 2017 conviction in a bribery case that helped lead to the downfall of former South Korean president Park Geun-
Goama lets developers integrate a social gaming platform into their apps
Goama (also known as Go Games) lets developers quickly integrate social games into their apps. Some of Goama’s clients have used it for promotional campaigns, while others rely on the platform, whic
Startups at CES showed how tech can help elderly people and their caregivers
The COVID-19 pandemic shined a harsh spotlight on the challenges many elderly people face. Older adults are among the highest-risk groups for developing cases that need hospitalization and nursing hom
Tresl’s Segments Analytics gives small online stores the same data analytics as large sellers
Tresl’s flagship product, e-commerce intelligence platform Segment Analytics, is designed to give small brands on Shopify access to the same kind of analytics larger online retailers have. Founded b
3Drens helps fleet operators use their vehicles more efficiently
3Drens’ IoT mobility management platform not only lets fleet operators track where their vehicles are, but also produces data that helps them make business decisions. The company began operating in
Origami Labs’ OFLO is a smart walkie talkie for frontline workers
OFLO is a voice communication system designed to replace traditional walkie talkies. Its hardware is more compact and lightweight, with a bone conduction headset, and capable of covering unlimited dis
Grab Financial Group raises $300 million Series A led by Hanwha Asset Management
Grab Financial Group said today it has raised more than $300 million in Series A funding, led by South Korean firm Hanwha Asset Management, with participation from K3 Ventures, GGV Capital, Arbor Vent
Tokyo-based SODA, which runs Japan’s largest sneaker resell platform, lands $22 million led by SoftBank Ventures Asia
Tokyo-based SODA, which runs sneaker reselling platform SNKRDUNK, has raised a $22 million Series B led by SoftBank Ventures Asia. Investors also included basepartners, Colopl Next, THE GUILD and othe
Winnoz’s vacuum-assisted Haiim makes finger prick blood draws more efficient
Winnoz’s Haiim is designed to make collecting blood from fingertips easier, increasing the volume drawn so it can be used for more types of tests. The New Taipei City, Taiwan-based company’s vacuu