Startup News: 28th March 2022 - 03rd April 2022

Sajitha

4th Apr'22

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

 

28th March 2022

 

tesla

 

1. PayPal makes its ‘Happy Returns’ service free with PayPal Checkout, expands to 5,000+ locations

PayPal is expanding access to the returns service it acquired last year, Happy Returns, by making it available to PayPal Checkout merchants at no extra cost. Read More

2. Tesla forced to idle production at Gigafactory Shanghai again

Tesla’s round-the-clock factory suspended production for four days beginning Monday as Shanghai goes into lockdown. The automaker also shuttered the plant for two days in mid-March due to the virus’s resurgence there. Read More

 

29th March 2022

 

GOQii

 

1. Healthtech Startup GOQii Raises $10 Mn To Launch Its Health Metaverse

The startup plans to develop other offerings leveraging blockchain tokens and gamification. The funding announcement comes close on the heels of GOQii raising $50 Mn in Series C round. Read More

2. CYE launches new group to provide advanced cyber architecture

Cybersecurity concerns continue to grow among enterprise decision-makers, as companies invest in new technologies to defend their businesses against ever-evolving cyber threats. Read More

 

30th March 2022

 

palo alto

 

1. Why Salesforce And Silicon Valley Bank Are Pouring $50 Million Into This Fintech Startup

The venture arms of Salesforce and Silicon Valley Bank’s holding company each put about $25 million into the San Francisco-based startup, which makes software to help companies manage cash flow and bank payments. Read More

2. Palo Alto Networks debuts cloud-native firewall service for AWS

Palo Alto Networks today unveiled a new cloud next-generation firewall (NGFW) service developed with Amazon Web Services for the AWS cloud. It aims to provide “best-in-class network security” delivered with the simplicity of a native AWS service. Read More

 

31st March 2022

 

gome retail

 

1. Former China Rich List No. 1’s Gome Retail Posts Another Big Loss

Wong topped the Forbes China Rich List in 2006 with a fortune worth $2.3 billion on the strength of Hong Kong-listed flagship retail chain he founded, Gome Electrical Appliances Holding, now called Gome Retail Holdings. Read More

2. B2B Agritech Startup AgroStar Acquires INI Farms To Enter Global Food Supply Chain

AgroStar would provide market linkage solutions for the domestic and export markets to its large network of farmers through this acquisition. The agritech startup raised $70 Mn in Series D funding in December last year. Read More

 

1st April 2022

 

cognifiber

 

1. How Atlan Promises To Help Data Teams Talk To One Another

Prukalpa Sankar remembers all too well the moment that the penny began to drop about the need for a data business such as Atlan. “I was a week away from delivering a major project and the analyst announced he was quitting”. Read More

2. Cognifiber miniaturized photonics for edge computing

Cognifiber, a company that builds stand-alone photonic artificial intelligence (AI) accelerators for IoT analytics, has its sights set on a new goal to replace traditional silicon with glass. Read More

 

2nd April 2022

 

theion

 

1. Sulfur Battery Technology Could Make Electric Cars Go Three Times Further By 2024

But what if your BEV could do 900 miles on a single charge? German battery startup Theion is promising technology that could deliver this possibility as soon as 2024. Read More

2. VMware says 3 Tanzu products impacted by Spring4Shell vulnerability

The company said in an advisory that the three affected products are VMware Tanzu Application Service for VMs, VMware Tanzu Operations Manager and VMware Tanzu Kubernetes Grid Integrated Edition (TKGI). Read More

 

3rd April 2022

 

goldman sachs

 

1. Microsoft Makes Massive Android Move To Challenge Apple

While Microsoft’s focus on mobile has seen its launch support a number of mobile initiatives, bringing everything under one house illustrates its commitment to the wider market. Read More

2. Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter

Fintech M&A hasn’t been as robust as one might expect in recent months. So when Goldman Sachs announced this week it was buying NextCapital, a fintech company that provides automated advice to corporate retirement plan participants. 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: 21st March 2022 - 27th March 2022

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 

 

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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