Raises Archive
FEATURE-Cambodia’s internet gateway raises fears of China-style surveillance
* Gateway will let authorities control all online activity * Gov’t says mechanism will safeguard ‘peace and security’ * Rights activists warn of threat to digital freedoms By Rina Chandran Feb 16 (Thomson Reuters Foundation) – Sovann Chhay was 16 when he was arrested in Cambodia’s capital last year
Quantum computing software startup Entropica raises S$2.6m
ENTROPICA Labs, a Singapore-based startup that builds quantum computing software solutions, has raised S$2.6 million in seed funding led by deep tech investor Elev8. Other investors in the round included government-owned deep tech investor SGInnovate, early-stage enterprise and deep tech venture capital (VC) firm Wavemaker Partners, Japanese
Q-CTRL raises $15M for software that reduces error and noise in quantum computing hardware
As hardware makers continue to work on ways of making wide-scale quantum computing a reality, a startup out of Australia that is building software to help reduce noise and errors on quantum computing machines has raised a round of funding to fuel its U.S. expansion. Q-CTRL is designing
Tier IV raises over $100 million to develop open source software for driverless cars
Tier IV, a Japan-based driverless car software maintainer and provider, this weekannounced the closure of a round north of $100 million led by Sompo Japan Nipponkoa Insurance, with participation from Yamaha Motor, KDDI, JAFCO, and Aisan Technology. The fresh capital brings the company’s total raised to nearly $130 million following
Simpo raises $4.5M seed to help drive software adoption
Simpo is a startup with a simple idea. It wants to help product managers at large companies get software into the hands of its employee users faster. Today, the company announced a $4.5 million seed investment. The round was led by Redpoint Ventures with participation from Janvest, UpWest,
Respond Software raises $20 million for ‘decision bots’ that emulate human security analysts
Respond software, a cybsersecurity platform that automates decision-making through emulating human reasoning, has raised $20 million in a series B round of funding led by ClearSky Security, with participation from CRV and Foundation Capital. Founded out of Mountain View, California, in 2016, Respond Software touts its robotic
Auterion raises $10 million for open source drone operating system
Auterion has raised $10 million in funding for its open source commercial drone operating system and launched its drone OS today as an enterprise version of the PX4 open source standard. The Zurich, Switzerland-based company will use the money to scale its operations and speed up development of
Essential Raises $300 Million From Amazon, Others; Will Announce Smartphone Release Date Next Week
Essential Products, the smartphone startup founded by a co-creator of the Android mobile operating system, has raised $300 million (roughly Rs. 1,921 crores) in new funding and signed up retailers to sell its first device, it said on Wednesday. The $699 phone, with a titanium and ceramic