Startup News: 23rd November 2020 - 29th November 2020 | OpenGrowth

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Startup News: 23rd November 2020 - 29th November 2020 30th

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Happy Monday Morning! Here are the latest weekly startup stories for you. So, take a startup tour with us and have a great week.

23rd November, Monday

CHANNELS B ig Te ch an d Re ce n t IPOs B ook Re vie w Climate Risk & ESG Risk Cryp to Curre n cy D rive Sale s & CRM Ed Te ch In d ustry

1. Video mentoring platform Superpeer raises $8M and launches paid channels Superpeer platform makes it possible for experts to market, charge and schedule for one-on-one video calls with anyone who may want to ask for their advice. Superpeer, announced that it has raised $8 million in extra funds. Read more.

2. Facebook launches'Drives,' a US-only feature for collecting food, Clothes and other Essentials for people in need

Fash ion In d ustry Fin an cials Fin Te ch Fitn e ss an d D igital He alth

Facebook is enlarging Community Assist as part of its COVID-19 attempts. The brand new COVID-19 Community Assist hub will allow people to request or offer assistance to those impacted by the coronavirus outbreak, Read more.

3. Relativity Space raises $500 million as it sets sights on the industrialization of Mars Relativity Space, 3D-printed rocket startup has closed $500 million in Series D funding. As the startup is poised to launch its rst-ever fully 3D-printed orbital rocket next year.

Food In d ustry Future Te ch In cub ators an d Acce le rators Le ad e rsh ip

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24th November, Tuesday

Le gal Life style Tre n d s Marke tin g & B ran d in g


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Op e n Grow th Acad e my Op e n Grow th Hub Prod uct-Marke t Fit Raise Cap ital Re al Estate an d Con struction

1. Industrial drone maker Percepto raises $45M and integrates with Boston Dynamics’ Spot

Re mote Work

Percepto, making drones -- both hardware and software -- to track and examine

Social In n ovation s

industrial websites and other physiological work places largely unattended by individuals, has increased $45 million in a Series B round of nancing. Read more.

Startup B asics

2. F3, a Stories-style Q&A app for Gen Z teens, raises $3.9M

Startup Ne w s

F3, which established its programs in 2018, has 25M registered users at this stage -- 85 percent of whom are younger than 25. F3, an anonymous Q&A app targeting Gen Z teens which combines a Tinder-style swipe-to-friend gami cation mechanic. Has increased a $3.9M seed around. Read more.

3. HuffPost is becoming part of BuzzFeed

Te am B uild in g Te ch n ology of B usin e ss Trave l In d ustry

Earlier this week, BuzzFeed announced that it was acquiring HuffPost. Following its acquisition by BuzzFeed, HuffPost shuts down its Brazil and India editions. Read more.

Wome n En tre p re n e urs

25th November, Wednesday

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Startup News: 24th May 2021 - 30th May 2021 1. Tiger Global invests in India’s Unacademy at $2 billion valuation The India-based startup, which focuses on K-12 online education,has added two more marquee investors to its cap table. Read more.

31st May'21 Startup News 71

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2. Coinbase disables margin trading following guidance from Commodity Futures Trading Commission Coinbase Pro, the company is disabling the feature,Just a few months after launching margin trading.The company is following guidance from the Commodity Futures Trading Commission. Read more.

3. British e-bike manufacturer FuroSystems has closed its venture funding

rst institutional

The e-bike revolution is only just getting started. British e-bike manufacturer FuroSystems has closed its rst institutional venture funding round of £750,000 with participation by TSP Ventures and European impact investment bank . Read more.

26th November, Thursday

Startup News: 17th May 2021 - 23rd May 2021 24th May'21 Startup News 93

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Startup News: 10th May 2021 - 16th May 2021 17th May'21 Startup News

1. Thanksgiving online shopping hits record $5.1B, up 21.5% on 2019

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Consumers in the U.S. spent a record $5.1 billion buying goods. The company's marketing technology division is after online sales in real-time at 80 of the top 100 retailers in the U.S., covering some 100 million SKUs. Read more.

2. France starts collecting tax on tech giants The government has sent out notices to tech giants with going forward with its plan to tax companies. France doesn’t want to wait for European tax reform to tax tech giants. Read more.

3.As IBM shifts to hybrid cloud, reports have them laying off 10,000 in EU Since IBM makes a broad shift in plan, that the rm would be cutting about 10,000 jobs in Europe, based on leading news report of BloomBerg. Read more.

27th November, Friday

Startup News: 3rd May 2021 - 9th May 2021 10th May'21 Startup News 66

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Startup News: 26th April 2021 - 2nd May 2021 1. Facebook’s Libra could launch in January Facebook-backed cryptocurrency Libra could launch in January. Facebook will most likely launch its own Libra wallet at the same time. Certainly called as Calibra. Read More.

2. India sets rules for commissions, surge pricing for Uber and Ola Ride-hailing companies like Ola and Uber can simply draw a fee up to 20% on journey fares in India, In accordance with the guidelines, Ola and Uber -- and also some other app-operated, ride-hailing company -- may charge a maximum of 1.5 days of the base fare. Read more.

3. No Google-Fitbit merger without human rights remedies The technology giant announced its intention to splash $2.1 billion to acquire Fitbit one year ago. EU's competition regulator calling for Google's purchase of wearable manufacturer Fitbit to be obstructed - unless meaningful safeguards can be count in. Read more.

28th November, Saturday

3rd May'21 Startup News 89

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1. Max Life Insurance launches second edition of its insurtech accelerator program The life insurer is inviting tech startups to build smart ntech and insurtech solutions for speci c business challenges. With the second edition of Max Life Innovation Labs, Read more.

2. Agritech startup Farmkart to raise Rs 90 crore via VCs for pan-India expansion Farmkart's Technology solutions are designed for non-tech Educated farmers Supplying them with fertilisers, pesticides, fungicides, seeds, farm equipment, Amongst others in Their Own doorsteps with no delivery cost. Read more.

29th November, Sunday

1. Airbnb, DoorDash Reportedly Up IPO Valuation Target By $3B Each Airbnb Inc and DoorDash Inc are revising their enterprise valuation Goals for their Forthcoming initial public offerings Following month. Read more.

2. 6 Israeli creations get showcased in TIME’s 100 Best Inventions for 2020 The International "groundbreaking inventions" of 2020 published earlier this month include a Power building robot, hydrogen Electricity for Planes, vodka out of think air, altpork, a hands-free tooth-brushing Apparatus, and mRNA vaccines to ght COVID-19. Read more.

3. The Top 20 Cybersecurity Startups To Watch In 2021 797 cybersecurity, privacy and protection startups have received a total of $10.73 billion so far this season, with $4.6 million being the median nancing around and $17.5 million the ordinary nancing around for a startup. Read more.

4. Google Invites Applications From MENA Tech Startups For Its Digital Accelerator Program Google has announced that applications for its three-month digital accelerator program, Google for Startups Accelerator: MENA application period will remain open until December 31, 2020. Read more. 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.

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*Note: The content published above was made in collaboration with our members.

About the author: Kumar Amritanshu (Editor), Super admin Amritanshu, a geek, an explorer, traveler and innovative creator by heart. Experimenting with new ideas and exploring innovative technologies are his break-through talent. Endless craze for technology and creativity. Associated with editorial team at OpenGrowth and keenly serving great stuff from startup world. Read more articles written by the author

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