The global construction market will be a $ 12 trillion industry by 2022, according to a recent Construction Intelligence Center (CIC) forecast. However, the sector is not renowned for its efficiency — various reports indicate that construction is among the lowest-performing industries in terms of productivity, a factor that can be attributed in part to […]
Tag: raises
Cobalt Robotics raises $35 million for security robots that patrol offices, warehouses, and parking lots
Cobalt Robotics, a three-year-old startup building indoor security robots designed to work alongside human guards, today revealed that it’s secured $ 35 million in series B financing led by global investment firm Coatue. The capital infusion builds on a $ 13 million series A round in March 2018, bringing the San Mateo, California-based company’s total […]
Discord raises $150 million as it starts establishing its PC game store
One of the biggest platforms in gaming has put some more cash in its pockets. Discord has raised $ 150 million in its latest round of funding at a $ 2.05 billion valuation. Investment group Greenoaks Capital led the funding round. Firstmark, Tencent, IVP, Index Ventures, and Technology Opportunity Partners also contributed. Discord plans to use […]
Sweden’s Voi Technology raises $50 million to expand its e-scooters across Europe
Voi Technology, another recent entrant to the nascent electric scooter-sharing market, has raised $ 50 million in a series A round of funding led by Balderton Capital, with participation from Vostok New Ventures, LocalGlobe, Raine Ventures, and angel investors including Amazon’s CEO for worldwide consumer Jeff Wilke, Tinder cofounder Justin Mateen, King cofounder Sebastian Knutsson, and […]
Mystery Russian satellite's behaviour raises alarm in US
A mysterious Russian satellite displaying “very abnormal behaviour” has raised alarm in the US, according to a State Department official. “We don’t know for certain what it is and there is no way to verify it,” said assistant secretary Yleem Poblete at a conference in Switzerland on 14 August. She voiced fears that it was […]
Karma raises $12 million for marketplace that helps restaurants and supermarkets reduce food waste
Around one third of the food produced each year — 1.3 billion tons of it — is either lost or wasted, according to data from the United Nations’ Food and Agriculture Organization. That’s the equivalent of flushing $ 1 trillion worth of perfectly edible food down the toilet. Against that sobering backdrop, Karma, a marketplace that’s […]
Klook raises $200 million from Sequoia China, TCV, others, to grow its travel activity booking platform
Klook, a Hong Kong-based online activity booking platform for travelers, has raised a chunky $ 200 million in a series D round of funding from Sequoia China, TCV, Goldman Sachs, OurCrowd, Matrix Partners, Boyu Capital, OurCrowd, among others. Founded in 2014, Klook serves as a platform for booking just about any kind of activity in some […]
Triller’s brand ambassador raises $50,000 for college tuition in 3 days
In the future, you’ll probably be better off being a creator than a user. The latest example is Lea Elui, a 17-year-old influencer who serves as a brand ambassador for Triller, an AI-powered music video app with 28 million users. Elui creates lifestyle videos where she dances and frolics like the teenager that she is. […]