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French fintech FORMANCE raises $3.1 million for real-time payment flows
FORMANCE, a Paris-based fintech startup, has raised $3.1 million for real-time payment flows. The company, which designs low code solutions to create payment flows in real-time has tapped $3.1 million on a round. The round was co-headed by Hoxton Ventures and Frst and supported by Y Combinator and angel investors, including Don Hoang, Revolut’s former […]
Oracle wins $30 million after software copyright infringement trial against HPE.
HPE (Hewlett Packard Enterprise) will pay $30 million to Oracle for copyright infringement after a judge found the company guilty of offering customers Solaris software updates without Big Red’s permission. The judgment is the culmination of a 3-week trial in Oakland, California. And it’s set to be contested by HPE. This case was raised initially some years back […]
Project A Ventures closes its fourth fund, garnering $375M, the biggest to date.
About a decade ago, a group of ex-Rocket Internet players launched a venture capital firm. The firm was dubbed Project A Ventures, and since its launch, it has invested in some of Europe’sEurope’s most well-known tech companies. Project A Ventures has invested in WorldRemit, Spryker, sennder, Trade Republic, Voi, and Kry. The Berlin-based VC recently closed its fourth funding round at $375 million, […]
Amazon Prime Air: Drone delivery preps for takeoff in California
The goal of every invention is to make life easier, and Amazon’s drone delivery service will do just that. The multinational technology company announced on Monday that it would begin using Amazon Prime Air to make customer deliveries. Amazon Prime Air is a delivery service that employs drones to deliver customers’ items. The company claims that this delivery […]
Insurers will have to bear the risk of getting grain out of Ukraine
The Russian foreign minister, Sergei Lavrov, and the Turkey foreign minister, Mevlüt Çavuşoğlu, met in Ankara on June 8 to discuss a grain shipping deal. This deal would create a way for ships to transport grain out of Ukraine. A deal like this would be great for the current state of food security globally. Lavrov and Çavuşoğlu discussed an […]
Is Emf Radiation Regulated Well Enough in Europe?
The advances in science and technology come with a consequential increase in Electromagnetic radiation exposure. Some might argue about these radiations’ environmental and health effects, but new evidence still points to it having some health consequences, such as electromagnetic hypersensitivity with increased exposure. Now, there has been an exponential increase in the level of Emf exposure over […]
Why Dutch startup Lalaland raises €2.1 million for inclusive fashion experience
Lalaland, a fashion tech startup focused on inclusive and sustainable fashion, has raised €2.1 million in the pre-Series-A funding round. The fashion e-commerce industry is an ever-growing sector. It’s currently worth more than $400 billion. Several photo shoots and runway shows are held annually to display new collections. These photoshoots cost fashion designers and retailers […]
CybSafe raises $28M Series B led by Evolution Equity Partners
CybSafe, a cybersecurity start-up based in the United Kingdom, has raised $28 million in Series B funding. The company’s platform uses behavioral and data science to provide staff with security awareness training. The company’s goal is to make employees more cybersecurity conscious by changing how they think about security and handle cyber risk. The SaaS […]