Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria based venture, co-founded by Ukrainian entrepreneur Vladimir Mnogoletniy, has an East to West presence that includes Ghana, Uganda, Tanzania, and Kenya. Buyers and sellers in those markets use Jiji to transact ... Karma Automotive took the wraps off Tuesday of a new electric concept car called the SC2 that produces a heart-thumping 1,100 horsepower and can travel from 0 to 60 miles per hour in 1.9 seconds. The concept is a showpiece and an integral part of the Chinese-backed California-based startup’s new strategy to become a technology ... One of the bigger trends in enterprise software has been the emergence of startups building tools to make the benefits of artificial intelligence technology more accessible to non-tech companies. Today, one that has built a platform to apply power of machine learning and natural language processing to massive documents of unstructured data has closed a ... MIT has developed robotic thread that could make existing the least invasive current brain surgery techniques even less so, and potentially make it easier and more accessible to treat brain blood vessel issues like blockages and lesions than can cause aneurysms and strokes. The new development from MIT researchers combines robotics with current endovascular (ie. ... Northrop Grumman is going to be working on the U.S. Army’s long-planned drone-killing lasers. The Army wants to mount 50 kilowatt laser systems on top of its General Dynamics-designed Stryker vehicle as part of its U.S. Army Maneuver Short Range Air Defense (M-SHORAD) directed energy prototyping initiative. Basically, the army wants to use these lasers ... Axis is selling its first product, the Axis Gear, on Amazon and direct from its own website, but that’s a relatively recent development for the four-year-old company. The idea for Gear, which is a $249.00 ($179.00 as of this writing thanks to a sale) aftermarket conversion gadget to turn almost any cord-pull blinds into automated ... If you ask Eugenio Pace to describe himself, “engineer” would be fairly high on the list. “Being a CEO is pretty busy,” he told TechCrunch in a call last week. “But I’m an engineer in my heart — I am a problem solver,” he said. Pace, an Argentinan immigrant to the U.S., founded identity management ... Kurly, a startup that operates a grocery delivery service in Korea, said today that it has closed an upsized Series D round that reached a total of $113 million. The company announced the round in April when it was $88 million led by investors that include Sequoia China, however it has now increased by $25 ... In this week's newsletter: More IPOs, Boston Dynamics dog-like robot makes its debut and Ro raises $85M. ... Fresh from closing a notable investment from Airbnb, India’s OYO has expanded its footprint into Japan. The move comes through a joint venture with investor SoftBank — which led OYO’s $1 billion round last year through its Vision Fund — which will cover hotel-based accommodation and home rentals. Financial details around the joint venture were ...
Posts Tagged ‘laser’
Jiji raises $21M for its Africa online classifieds business
Karma’s new electric hinge-winged hypercar concept goes 0 to 60 mph in 1.9 seconds
Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’
MIT’s new thread-like robots could travel through blood vessels in the brain for more effective surgery
Northrup Grumman is among the companies tapped to make the US Army’s drone-killing lasers
How Axis went from concept to shipping its Gear smart blinds hardware
Why identity startup Auth0’s founder still codes: It makes him a better boss
Kurly, a grocery e-commerce startup in Korea, closes upsized $113M Series D round
Startups Weekly: Zoom CEO says its stock price is ‘too high’
India’s OYO enters Japan in partnership with SoftBank