Once-promising EV startup Byton heads toward bankruptcy, report says
It’s not looking good for the EV startup. Byton Byton, which burst onto the scene with big promises and a lot of hype in 2018, appears headed toward bankruptcy, according to a report last week from Nikkei. Byton missed payroll and halted all…
Global sports tech platform, HYPE Sports Innovation invests in AI bodycam & cloud startup
Published: Nov. 9, 2021 at 5:52 AM CST|Updated: 6 hours ago LONDON, Nov. 9, 2021 /PRNewswire/ — MindFly has secured pilots with FC Bayern Munich, 1.FC Köln, FC Barcelona, Real Sociedad and more, and is set to disrupt the sports industry and the…
RealD Co-Founder Michael Lewis Named Chairman of Campfire, an AR/VR Collaboration Startup
Michael Lewis, co-founder and former CEO of 3D cinema pioneer RealD, has been named chairman of the board of Campfire, a tech startup focused on advanced holographic collaboration for the enterprise market. Lewis’s appointment as Campfire chairman…
Mirakl Acquires Invoice Compliance Startup Octobat
PARIS and BOSTON, Nov. 9, 2021 /PRNewswire/ — Mirakl, the industry’s first and most advanced enterprise marketplace SaaS platform, today announced the acquisition of Octobat, a French startup specializing in invoice compliance for enterprises…
Digital payments startup Paytm launches India’s biggest IPO | Internet News
With its $2.46bn target, Paytm, backed by Ant Group, SoftBank, Berkshire Hathaway, will be India’s biggest IPO. India will see its biggest-ever initial public offering with digital payments platform Paytm looking to raise nearly $2.5bn, in what has…
Quantum news: Advances in error correction and startup of the year award in France
Q-CTRL claims that it has achieved a 2,500% improvement while French quantum startup Pasqal adds funding and employees. Image: Shutterstock/Plotplot Australia’s Q-CTRL announced this week a successful test of a new way to suppress errors when…
Fired Rivian exec files gender discrimination lawsuit alleging ‘toxic bro culture’ at EV truck startup
A former Rivian marketing executive filed a gender discrimination lawsuit against the EV truck startup alleging she was fired after raising concerns about a “toxic bro culture” in the C-suite. Laura Schwab, 48, alleges she was forced out last month after…
Tech startup co-founded by Scott McCorkle secures another $7M in funding
Scott McCorkle An Indianapolis-based startup co-founded by tech veteran Scott McCorkle has raised another $7 million in equity funding, bringing its total capital raised to $31.5 million since the company’s founding three years ago. MetaCX, which offers…
Former Rivian executive suing EV startup over gender discrimination
Rivian’s first production vehicle is the R1T electric pickup. Antuan Goodwin/Roadshow A former Rivian executive is suing the electric vehicle startup over gender discrimination, The Wall Street Journal reported Thursday. Laura Schwab,…
Amazon vets land $10M for WhyLabs, a Seattle startup that monitors machine learning models
WhyLabs CEO Alessya Visnjic. (WhyLabs Photo) The news: WhyLabs, a spinout from the Seattle’s Allen Institute for Artificial Intelligence (AI2), raised $10 million and released a new tool to support machine learning applications. The problem: As more…