Funding News
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A new report from Deloitte finds that Insurtech funding is nearly even with the levels of investment seen in 2019. However, within this coronavirus era growth, the concentration among top 10 players is accelerating.
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By AFP
Apo -
Celebrities, world leaders and philanthropists pledged some 7.4 billion euros ($8.1 billion) on Monday for research into coronavirus vaccines, treatments and testing during an EU-led videoconference that was snubbed by the United States.
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The European Union (EU) has allocated funds available to support startups to develop technology that could help with the coronavirus pandemic. However, the deadline for the EU funding is drawing closer.
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By AFP
Paris -
Rich nations are funnelling cash through government-backed financial institutions to provide $30 billion to fossil fuel projects each year that "run counter to the Paris Agreement", a new analysis showed Thursday.
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Goldman Sachs has become the first major U.S. bank to ban financing for new oil drilling or exploration in the Arctic region. Lobbyists are hoping Canadian banks will follow suit.
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By AFP
Paris -
The United States and Europe bear more than half the cost of repairing the damage already wrought by climate change, a coalition of environmental groups said Monday.
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By AFP
Bangkok -
The United States, despite withdrawing from a landmark accord aimed at curbing climate change, is stonewalling vital UN talks over how to fund poorer nations as they battle against global warming, multiple sources told AFP Saturday.
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By AFP
Bangkok -
The United States, despite withdrawing from a landmark accord aimed at curbing climate change, is stonewalling vital UN talks in a row over how poorer nations' battle against global warming is funded, sources told AFP Saturday.
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MyDreamPlus, a co-working startup with spaces in big cities around China, recently raised a $120 million Series C funding round.
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A startup that sells unbranded products recently announced a $240 million Series C round. Brandless, the company, sells household staples for $3 each.
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ProjectDiane publishes a report every two years that provides a closer look at the state of black female founders in the US.
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PwC and CB Insights have released their MoneyTree™ Report for Q2 2018 and US-based artificial intelligence companies saw an increase in funding, but not an increase in deals.
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A Harvard University study on diversity's effect within the venture capital industry, focusing on measures of financial performance, has found that having diversity on a team improves a VC firm's overall fund returns, among other things.
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In what's being called the second largest funding round in Australian history, Melbourne-based fintech startup Airwallex announced yesterday the completion of their Series B funding round that raised USD$80 million (AUD$108 million).
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The Beijing-based startup, co-founded by now-CEO Cindy Mi, that connects english-speaking tutors with students online is now being valued at over $3 billion. VIPKID is one of 23 'unicorns' in the world with a female founder.
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Cylance, a provider of cybersecurity-related products and services that markets themselves as being able to prevent attacks years before the attack is even launched, raised $120 million in their Series E funding round.
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The past seven days saw some truly massive funding rounds across all sectors. From a new way to sell property to an insurtech startup, here are three big winners from this week.
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A University of Toronto study found that the Canadian innovation sector is lagging behind the U.S. because of the amount of money being invested into the space, and at what rate startup companies get that money.
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By AFP
Kiev -
Ukrainian anti-corruption investigators on Thursday told AFP they were looking into whether former prime minister Yulia Tymoshenko took cash from Moamer Kadhafi's regime in Libya for a presidential campaign.
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Washington -
On February 1, the Department of Energy announced up to $3 million will be made available to U.S. manufacturers for public/private projects aimed at applying high-performance computing to industry challenges for the advancement of energy innovation.
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It has been learned the Trump administration is preparing to end support for the International Space Station (ISS) program by 2025, to free up resources for higher priority, deep space missions such as Mars.
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By AFP
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The UN's agency for Palestinian refugees is the only reason Umm Mohamed could afford a C-section delivery, send her five children to school or have her rubbish collected.
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By AFP
New York -
Sweden, a big donor country that has recognized Palestine as a state, warned Tuesday that any US decision to withdraw funds to the UN agency for Palestinians would be destabilizing for the Middle East.
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New York -
New York state's Governor Andrew M. Cuomo announced the availability of $3.5 million in funding for innovative research and development (R&D) proposals to accelerate the use of electric vehicles in support of his aim to reduce greenhouse gases.
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Ride-hailing service Lyft has raised $1 billion in a funding round led by Google investment firm CapitalG. The Uber rival is now worth $11bn, giving it more spending power as it expands its presence around the world. Uber has recently faced some setbacks.
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Google has announced a new venture capital fund that it will use to help innovative AI companies bring their products to market. The company said it wants to make the technologies of science fiction reality by giving entrepreneurs the resources they need.
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Dandelion, a company that makes geothermal cooling and heating systems for homes, was incubated for two years inside Alphabet's innovative Moonshot lab. Now, after raising $2.0 million, the company has taken root and is set to launch.
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By AFP
New York -
Drastic cuts in US funding to the United Nations would create an "insolvable problem" for the world body, UN Secretary-General Antonio Guterres said Tuesday as he announced plans to lobby US lawmakers to reject the cutbacks.
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London -
The British government has invested an extra £200 million ($225 million) into various programs designed to fight the world's neglected tropical diseases.
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Shishmaref -
The coastal village of Shishmaref, Alaska voted to relocate away from their ancestral home on Wednesday, although they won't be going anyplace anytime soon. Rising sea levels due to climate change have left the village at risk for flooding.
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Funding Image
A mosquito bite can cause Eastern equine encephalitis U.S. Department of Agriculture
Blood cell saver. A machine used in bloodless medicine to save blood that would otherwise be lost. It is washed by the machine and then pumped back into the patient, eliminating the need for blood transfusion. Screenshot NJN Public Television/YouTube video
The United Nations refugee agency blames the current refugee crisis on deplorable conditions at refugee camps in Lebanon and Jordan. UN agencies are running out of money, unable to provide basic needs. And that's forcing families to flee. CCTV America
Four U.S. banks - US banks — JPMorgan Chase, Wells Fargo, Citi, and Bank of America top the list in fossil fuel funding. Banking on Climate Change.
The fifth HPC4Mfg Program solicitation seeks concept papers that spur the use of national lab supercomputing resources and expertise to advance innovation in clean energy technology. HPC4Mfg projects
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