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Fisker lost track of millions of dollars in customer payments for months
Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started in December and took months […]
World Fund closes first €300M climate tech fund, seeking to follow-on and backing hardware
After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s target in 2021, but still a considerable number given […]
Reach Security taps a company’s existing tools to fight cyber threats
Thanks to an uncertain economy, cybersecurity budgets are in a tight spot. According to a 2023 survey from IANS and recruiting firm Artico Search, more than a third […]
‘Taiwan needs to find its own groove’: what startups want from the next president
Once Lai Ching-te is inaugurated as Taiwan’s president in May, his administration will mark an unprecedented three terms of Democratic Progressive Party rule. His victory underscored the desire […]
Speedinvest closes fourth fund at $380 million to back early-stage startups in Europe
Vienna-based early-stage VC Speedinvest has closed its fourth early-stage fund, Speedinvest 4, at €350 million (around $380 million at today’s exchange rate), surpassing the initial goal of €300 […]
India widens regulatory grip over tech firms
In 2023, India introduced a series of regulations and tweaked policies that borrowed from Europe’s antitrust approach and Chinese-style government surveillance, alarming executives and investors in the world’s […]
Re-commerce marketplace Soum gets $18M backing to scale in MENA
The global re-commerce market is poised for growth as consumers increasingly settle for pre-owned goods to save on cost, and as some observe conscious consumption. With the global […]
PwC is acquiring Surfaceink, the hardware designer that was once a close partner of Apple’s
A lesser-known but significant player in the Silicon Valley tech world is getting acquired today — a move that underscores the changing economics in the world of hardware, […]