PQShield raises $7M for quantum-ready cryptographic security solutions

A deep tech startup building cryptographic solutions to secure hardware, software, and communications systems for a future when quantum computers may render many current cybersecurity approaches useless is today emerging out of stealth mode with $7 million in funding and a mission to make cryptographic security something that cannot be hackable, even with the most sophisticated systems, … Continue reading PQShield raises $7M for quantum-ready cryptographic security solutions Continue Reading →

Mercedes opts for more screens and fewer buttons in the 2021 S-Class

Teaser images and leaked photos of the 2021 Mercedes-Benz S-Class suggested the automaker was moving toward a more digital-centric interior. That might have been an understatement. Mercedes-Benz revealed Monday its second-generation MBUX infotainment system, and it is loaded with new technology, including touchscreens, augmented reality heads-up display and improved voice and facial recognition. Gone are many … Continue reading Mercedes opts for more screens and fewer buttons in the 2021 S-Class Continue Reading →

Colvin raises $15M to rethink the flower supply chain

At first glance, Colvin — which recently announced that it has raised a $15 million Series B — might look like just another flower and plant delivery company, but co-founder and CEO Andres Cester said the startup has a much grander vision. “We were born with the ambition to be the company that would redesign global flower … Continue reading Colvin raises $15M to rethink the flower supply chain Continue Reading →

Raising $22.5 million, Liftit looks to expand its logistics services in Brazil, Mexico, Chile and Ecuador

The Colombian trucking and logistics services startup Liftit has raised $22.5 million in a new round of funding to capitalize on its newfound traction in markets across Latin America as responses to the COVID-19 epidemic bring changes to the industry across the region. “We’re focusing on the five countries that we’re already in,” says Liftit  chief executive Brian York. … Continue reading Raising $22.5 million, Liftit looks to expand its logistics services in Brazil, Mexico, Chile and Ecuador Continue Reading →

Strive School wants to increase the number of job-ready software engineers in Europe

College in the United States is expensive and, for many, comes with massive student debt. The price tag has led to the increase of coding bootcamps and alternative schooling options to help students gain employment, and a salary, without taking on millions of dollars in debt. In Europe, the picture looks vastly different: A majority … Continue reading Strive School wants to increase the number of job-ready software engineers in Europe Continue Reading →

NASA injects $17M into four small companies with Artemis ambitions

NASA  awards millions of dollars a year to small businesses through the SBIR program, but generally it’s a lot of small awards to hundreds of companies. Breaking with precedent, today the agency announced a new multi-million-dollar funding track and its four first recipients, addressing urgent needs for the Artemis program. The Small Business Innovation Research program has various forms … Continue reading NASA injects $17M into four small companies with Artemis ambitions Continue Reading →

Fisker raises $50 million to bring its all-electric Ocean SUV to market in 2022

Electric vehicle startup Fisker Inc. said Wednesday it has raised $50 million, much needed capital that will go toward funding the next phase of engineering work on the company’s all-electric luxury SUV. The startup is aiming to launch the Fisker Ocean SUV in 2022. The Series C funding round was led by Moore Strategic Ventures  LLC, the private investment … Continue reading Fisker raises $50 million to bring its all-electric Ocean SUV to market in 2022 Continue Reading →

This VC just closed on $60M to fund ‘technical risk,’ saying other VCs mostly do not

Ashmeet Sidana, a longtime VC who struck out on his own in 2015 to form Engineering Capital, just closed his third and newest fund with $60 million in capital commitments from a university endowment, a fund of funds, and three foundations. Sidana — who previously spent nearly nine years with Foundation Capital and received one of … Continue reading This VC just closed on $60M to fund ‘technical risk,’ saying other VCs mostly do not Continue Reading →

Google reportedly cancelled a cloud project meant for countries including China

Updated with Google’s  full statement After reportedly spending a year and a half working on a cloud service meant for China and other countries, Google cancelled the project, called “Isolated Region,” in May due partly to geopolitical and pandemic-related concerns. Bloomberg reports that Isolated Region, shut down in May, would have enabled it to offer cloud services in countries … Continue reading Google reportedly cancelled a cloud project meant for countries including China Continue Reading →

Joe Coffee raises another $1.3M to help more coffee shops take mobile orders

Gone — or at least on hold for a long while — are the days of hanging around a coffee shop, poking around the Internet on the free WiFi while sipping the same coffee for three hours. The entire idea feels kind of alien right now. A little anxiety-inducing, even. But coffee shops still want … Continue reading Joe Coffee raises another $1.3M to help more coffee shops take mobile orders Continue Reading →