Happy Monday Morning. It's time for the weekly round up. Before we begin the new week, let’s take a look at the startup world related news for the last week.
16th August, Sunday
- TruGenomix, a Veteran-Led Biotech Instrumental in Early Identification & Awareness of PTSD, Raises $1.8 Million Seed Round, Led by Sanford Health & Viking Global
https://fi.co/insight/trugenomix-raises-1-8-million-seed-round-led-by-sanford-health-viking-global
- Chinese self-driving vehicle startup AutoX launches robotaxi service in Shanghai
https://siliconangle.com/2020/08/16/chinese-self-driving-vehicle-startup-autox-launches-robotaxi-service-shanghai/
- Tel Aviv stock exchange launches new share market for tech sector
https://in.reuters.com/article/israel-exchange-tech/tel-aviv-bourse-launches-new-share-market-for-private-tech-companies-idINL8N2FI0I6
- Temasek buys $4.8 billion stake in investment giant BlackRock, world's largest asset management firm
https://www.straitstimes.com/business/economy/temasek-buys-stake-worth-us35-billion-in-investment-giant-blackrock
15th August, Saturday
- Clearview AI landed a new facial recognition contract with ICE
https://techcrunch.com/2020/08/14/clearview-ai-ice-hsi-contract-2020/
- Birmingham-based Help Lightning raises $8 million for its remote training and support tools
https://techcrunch.com/2020/08/14/birmingham-based-help-lightning-raises-8-million-for-its-remote-training-and-support-tools/
- Chinese funding in Indian firms hit by new FDI norms
https://www.hindustantimes.com/business-news/chinese-funding-in-indian-firms-hit-by-new-fdi-norms/story-ZCnqX6nrn0zMv7BQ8UAVeK.html
- Walmart's Flipkart eyes alcohol delivery foray with Indian startup, letters show
https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/walmarts-flipkart-eyes-alcohol-delivery-foray-with-indian-startup-letters-show/
- European travel startups consider filing cartel complaint against Google
https://www.androidcentral.com/european-travel-startups-consider-filing-cartel-complaint-against-google
14th August, Friday
- Amazon launches online pharmacy in India
https://www.bbc.com/news/business-53775024
- Loge Raises $15 Million for Camp-Themed Hospitality: Travel Startup Funding This Week
https://skift.com/2020/08/14/loge-raises-15-million-for-camp-themed-hospitality-travel-startup-funding-this-week/
- Houston startup pumps rural internet access through unused TV channels
https://www.benton.org/headlines/houston-startup-pumps-rural-internet-access-through-unused-tv-channels
- Boulder-based Stream raises $15M in a Series A fundraiser
https://www.dailycamera.com/2020/08/14/boulder-based-stream-raises-15m-in-a-series-a-fundraiser/
- Rent the Runway to Close All Retail Stores Permanently
https://www.wsj.com/articles/rent-the-runway-to-close-all-retail-stores-permanently-11597434927
Interested to know more, read: All About Designer Dress Rentals - https://www.opengrowth.com/article/all-about-designer-dress-rentals
13th August, Thursday
- Oil major Chevron invests in nuclear fusion startup Zap Energy
https://uk.reuters.com/article/us-chevron-investment-nuclear/oil-major-chevron-invests-in-nuclear-fusion-startup-zap-energy-idUKKCN25831E
- Moka, the HR tool for Arm and Shopee in China, closes $43M Series B
https://techcrunch.com/2020/08/12/moka-43-million-series-b/
- Ai Startup Joblist Has Quietly Helped Over 4 Million People Search For Jobs With Its Free Service, Says Ceo
https://usanewssite.com/news/ai-startup-joblist-has-quietly-helped-over-4-million-people-search-for-jobs-with-its-free-service-says-ceo/
- Cube closes $5M Seed round to scale its financial planning software
https://techcrunch.com/2020/08/13/cube-closes-5m-seed-round-to-scale-its-financial-planning-software/amp/
12th August, Wednesday
- Sales Software Startup Gong Reaches $2.2 Billion Valuation After Seeing Revenue Triple During The Pandemic
https://www.forbes.com/sites/kenrickcai/2020/08/12/gong-sales-startup-series-d-funding-round-billion-valuation/#5124e4c373c0
- Rocketship.vc Closes Second Global VC Fund at $100 Mn
https://www.entrepreneur.com/article/354612
- After Jio, India's unicorn startups are the top target for Chinese hackers trying to get their hands on Indian users' data
https://www.businessinsider.in/tech/news/after-jio-swiggy-paytm-ola-and-byjus-and-other-startups-on-target-of-chinese-hackers/articleshow/77497819.cms
- Tencent-backed Health Startup Waterdrop Raises $200M in Series D Round
https://pandaily.com/tencent-backed-health-startup-waterdrop-raises-200m-in-series-d-round/
11th August, Tuesday
- Lucid Air surpasses Tesla Model S with 517 mile range per charge
https://www.cnet.com/roadshow/news/lucid-air-tesla-model-s-500-mile-range/
- Blockchain infrastructure startup Alchemy Goes Public With Developer Platform in Bid to Grow DeFi Ecosystem
https://www.coindesk.com/alchemy-goes-public-with-developer-platform-in-bid-to-grow-defi-ecosystem
- Coda, Would-Be Successor To Google’s G-Suite, Now Valued Above $600 Million
https://www.forbes.com/sites/davidjeans/2020/08/11/coda-startup-backed-by-kleiner-perkins-and-greylock-raises-80-million/#f3a279a78253
- Austin startup giving employees $300 per year to adopt a pet
https://www.kxan.com/clear-the-shelters/austin-startup-giving-employees-300-per-year-to-adopt-a-pet/
10th August, Monday
- Clalit to offer pregnant members startup PulseNmore’s at-home ultrasound kit
https://www.prnewswire.com/il/news-releases/at-home-ultrasounds-for-pregnant-women-now-a-reality-pulsenmore-launches-worlds-first-self-administered-handheld-tele-ultrasound-device-301108938.html
- This NY-based video analytics startup uses AI to predict customer engagement
https://www.inventiva.co.in/trends/anukriti/this-ny-based-video-analytics-startup-uses-ai-to-predict-customer-engagement/
- How VC fund Omnivore redefined agritech startup financing, bringing it to the mainstream
https://www.inventiva.co.in/trends/anukriti/how-vc-fund-omnivore-redefined-agritech-startup-financing-bringing-it-to-the-mainstream/
- Autotech Ventures Raises $150 Million as it Looks to Invest in Transportation Startups
https://cheddar.com/media/autotech-ventures-raises-million-as-it-looks-to-invest-in-transportation-startups
We, at OpenGrowth, are constantly looking for latest news in the startup ecosystem. If you want to share any important news from last week, then do let us know in the comment section below.
News Curated by: Priya Nath
Priya is an enthusiastic person who believes in gender equity and social impact. She has a keen interest in startups. Her passion includes owning innovative gadgets, networking and psychology.