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Peak XV eyes $50M investment in former Edelweiss executives’ Neo

  • Posted on August 16, 2023

Peak XV eyes $50M investment in former Edelweiss executives’ Neo

Peak XV Partners is in advanced stages of deliberations to lead a financing round in Neo Group, an asset management and financial advisory firm, three sources familiar with the matter said. The firm is finalizing an

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  • Posted on August 16, 2023

Founders Factory Africa to deploy $114M using learnings from past programs

This week, South African early-stage accelerator and investor Founders Factory Africa (FFA) raised $114 million. The firm plans to use the impact capital from Mastercard Foundation and Johnson & Johnson Impact

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  • Posted on August 16, 2023

Lindus Health, a U.K. clinical trials startup backed by Peter Thiel, raises $18M

Clinical trials are the cornerstone of modern medical research, serving the evidence required to prove (or disprove) the safety and efficacy of a new treatment. However, clinical trials are also costly,

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  • Posted on August 16, 2023

Intel and Tower Semiconductor cancel $5.4B merger over regulatory hurdles

Intel has called time on its plan to acquire contract chipmaker Tower Semiconductor, citing its inability “to obtain in a timely manner the regulatory approvals required under the merger agreement.” Chip giant Intel

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  • Posted on August 16, 2023

Bluesky adds self-labeling for posts and a dedicated media tab for profiles

X- (previously Twitter) and Threads-rival Bluesky has started allowing users to self-tag their posts so they can be automatically filtered. The company has started with NSFW categories, through which, users can tag

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  • Posted on August 16, 2023

Tesla supplier CATL unveils battery that can add up to 400km of range in 10 minutes

CATL, the Chinese battery giant and a major supplier to Tesla, has unveiled its latest product that aims to solve electric vehicles’ charging and range limitations. The battery, dubbed Shenxing or “god-like speed”,

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  • Posted on August 16, 2023

Paid users of X, formerly Twitter, gets a new tab to highlight their posts

X, formerly Twitter, has started rolling out a new feature for paid users to show off some of their posts through a new ‘Highlights’ tab. The social network updated its Blue/ X Premium support page to include

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  • Posted on August 16, 2023

X (formerly Twitter) makes X Pro (formerly TweetDeck) a subscriber-only product

Elon Musk-owned social network X, formerly Twitter, has made X Pro — which was previously known as TweetDeck — a subscriber-only product. Several users noted on the platform that while trying to access TweetDeck

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  • Posted on August 15, 2023

Electrify America-backed 75MW solar farm kicks off operations

Electrify America, the EV charging company created by Volkswagen in the aftermath of its diesel emissions scandal, said on Tuesday that a new, 75 megawatt solar farm in Southern California is now up and running.

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  • Posted on August 15, 2023

New US Initiatives Aim To Better Defend Against Cyberattacks

Efforts to fortify cloud security and identity management are at the forefront of new U.S. measures to mitigate cyberthreats. The post New US Initiatives Aim To Better Defend Against Cyberattacks appeared first on

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