Category: News Articles

Welcome Pickups, a travel tech startup based in Greece, has secured €5.3 million in funding from existing investors — Market One Capital, Flashpoint and Venture Friends. The company will use the fund to expand to North and South America. Founded in 2015, Welcome Pickups aims to provide travelers with a customized travel experience. Using technology…

In-Med Prognostics, an Indian-based healthtech startup, has raised $2.13 million in a funding round led by Exxora. The company plans to use the fund to develop new products and expand to Africa. The startup uses machine learning to provide early assessment and identification of neurological disorders such as dementia, Parkinson’s and Alzheimer’s at a low…

Indian-based EdTech startup Uolo has raised $22.5 million in Series A funding. Uolo will use the fund to expand its reach to 50,000 Indian schools within four years. Founded in September 2020, Uolo has reached 3.7 million students through its collaboration with over 8,500 schools. The startup offers affordable customized courses in coding and English…

Chicago-based recruiting startup Hunt Club has raised $40 million in Series B funding. The company plans to use the fund to expand its businesses nationwide and upgrade its technology to continue helping companies find the right talent. The startup’s primary goal is to connect innovative companies with great candidates. The Hunt Club community comprises over…

Oda, a Norwegian-based grocery delivery startup, has raised $151 million (NOK1.5 billion) in funding despite the tough market condition. During the peak of the COVID-19 pandemic, people needed a service to deliver groceries right to their doors due to limited mobility. As one of the earliest players in the niche, Oda’s services soared in popularity…

Swiss VR simulation startup Loft Dynamics — formerly known as VRM Switzerland — has raised $20 million in funding to solve the global pilot shortage. During the COVID-19 pandemic, many pilots could not fly due to international travel restrictions. Some pilots then decided to retire early or change careers, worsening the situation with demand exceeding…

ChatGPT, a chatbot developed by the American company OpenAI, has re-sparked a debate on the risks of artificial intelligence (AI) technologies. Chatbots like ChatGPT can create an impression of having thoughts and trick people into thinking they give credible information. The public has voiced concerns that the AI technology behind chatbots can be misused to…

Nutrition analytics startup Zoe has raised $30 million in funding to offer personalized nutrition services to individual users worldwide. Zoe received a spotlight during the COVID-19 pandemic as its platform provided early data on the spread of the disease, its symptoms and post-infection effects. Since COVID-19 have become more manageable, Zoe has returned to its…

Kenyan re-commerce startup Badili has raised $2.1 million in pre-seed funding to provide affordable smartphones in Africa, a fast-growing smartphone market. Although smartphones are essential in the era of the digital economy, many Africans struggle to afford a new unit due to low income. The Communications Authority of Kenya recently revealed that although smartphone penetration…

American tech startup Cerebras Systems has partnered with Cirrascale Cloud Services to make generative AI technology more inclusive. The partnership focuses on developing a Large Language Model (LLM), a generative AI tool that can mimic human communication. It can read, outline, translate and even predict future texts. According to Cerebras CEO Andrew Feldman, LLM does…