Startup News: 21st March 2022 - 27th March 2022

Sajitha

28th Mar'22

Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.

 

21st March 2022

 

gama

 

1. French aerospace company Gama raises $2M to develop a solar sail spacecraft

The aerospace company was founded in 2020 by Louis de Gouyon Matignon, Thibaud Elziere and Andrew Nutter, whose goal is to develop a low-cost solar sail that would use light as a means of propulsion for spacecraft. Read more

2. Mysa unveils corporate alternative accommodation booking and management tech

The Myo platform, which also offers a booking engine, aims to offer “conscious accommodation for conscious companies” by building duty of care as well as safety elements into the procurement process. Read more


 

22nd March 2022

 

shopify

 

1. Fintech startup Jeeves raises $180M, quadruples valuation to $2.1B in half a year

Less than seven months after closing on a $57 million Series B, fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1 billion.  Read more

2. Shopify launches new ‘Linkpop’ link in bio tool with built-in e-commerce features

Shopify has entered the “link in bio” market with the launch of a new tool called “Linkpop.” The new offering is aimed at creators and allows them to sell products directly from their Linkpop page. Read more

 

23rd March 2022

 

yamaha

 

1. Yamaha Motor Invests In B2C Startup Malbork To Enter EV Industry For 4-Wheelers

India’s electric vehicle (EV) market is estimated to emerge as a $7.09 Bn opportunity by 2025. Malbork intends to expand its services across many cities in India to build a safe, open, and revolutionary transportation ecosystem.  Read more

2. D2C Brand Plum Raises $35 Mn Funding To Strengthen Omnichannel Presence, Global Expansion

Plum claims to earn close to INR 19 Cr a month and is targeting over INR 300 Cr run rate for the next quarter. It asserts to have raised more than $50 Mn from institutional investors till date. Read more

 

24th March 2022

 

cisco

 

1. Getty Images launches first model release supporting biometric data privacy in AI

Alongside the rapid increase in the number of facial-recognition video sensors being installed in public locations, the protection of a person’s biometric data is now escalating into new legal territory. Read more

2. Cisco looks to pave onramp for hybrid cloud

Cisco has added integrations to its Intersight platform to provide a consistent operating model, with governance and multicloud observability for virtual machines and Kubernetes clusters. Read more

 

25th March 2022

 

okta

 

1. Okta on handling of Lapsus$ breach: ‘We made a mistake’

Okta has released an apology for its handling of the January breach of a third-party support provider, which may have impacted hundreds of its customers. Read more

2. Big New Instagram Feature Comes With A Catch

Tagging products, a feature previously available only to selected business or creator accounts, allows anyone viewing a relevant post to browse additional information on any tagged products before buying them via the app’s built-in checkout. Read more

 

26th March 2022

 

Microsoft

 

1. Microsoft Just Gave A Billion Users A Reason To Quit Windows

Windows 10 and Windows 11 users, you need to take immediate action. A serious vulnerability has been discovered in both platforms which Microsoft has not only failed to patch, but made worse. Read more

2. Bird Brings Connected Automotive Tech To Ebikes Making Them Even More Desirable

Although e bikes look like simple devices, they have potential for enhancement with connected technology in a related way to passenger cars. Bird is focusing its developments on this area. Read more


 

27th March 2022

 

apple

 

1. Why Apple Acquired A UK-Based ‘Open Banking’ Fintech

Every time Apple makes an acquisition, the technology world and increasingly now, the fintech sector goes into hyper speculation mode, trying to figure out why the company made the purchase and what it plans to do with the acquired firm. Read more

2. NVIDIA Ups The Ante On Edge AI With Jetson AGX Orin

At the recently held Graphics Technology Conference (GTC), the company has announced the availability of Jetson AGX Orin, a power-packed edge computing platform meant for running AI solutions. Read more

 

If you missed out on the previous week or entire month's updates of startup world news, follow the link to read it now and stay tuned with us for more updates.

Startup News: 14th March 2022 - 20th March 2022

Startup News: 7th March 2022 -13th March 2022

Startup News: 28th February 2022 - 6th March 2022

Startup News: 21st February 2022 - 27th February 2022

Startup News: 14th February 2022 - 20th February 2022

Startup News: 07th February 2022 - 13th February 2022

Startup News: 31st January 2022 - 06th February 2022

 

We, at OpenGrowth, are constantly looking for the 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.

Sajitha is a content writer who predominantly writes for EdTech Industry and also pens poetry, eBooks, and fascinating content. She believes writing should intrigue her audience and work with passion. She is an avid reader and holds her master's in literature. Her hobbies include traveling, music, and self-publishing!

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