United States – Newswire Report

Myriota raises $19.3 million to expand its IoT satellite constellation

April 8, 2020April 8, 2020 NewsEditorantarctica, articles, Boeing, Canada, Internet of Things, Norway, Panama, satellite, Singapore, singtel, SingTel Innov8, Technology, United States

Internet of things satellite connectivity startup Myriota has raises a $19.3 million Series B funding round, led by Hostplus and Main Sequence Ventures, with additional funding from Boeing, former Australian PM Malcolm Turnbull, Singtel Innov8 and others. The company has now raised $37 million in Funding, and has four satellites on orbit already, with a plan to expand that to 25 by 2022 with the help of this new funding. Myriota provides low-cost, power efficient direct satellite connectivity for IoT uses, including industrial applications like equipment monitoring and measurement of…

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Capella Space reveals new satellite design for real-time control of high-resolution Earth imaging

February 17, 2020February 17, 2020 NewsEditorCapella Space, imaging, satellites, Sequoia, stars, U.S. Air Force, U.S. government, United States

Satellite and Earth observation startup Capella Space has unveiled a new design for its satellite technology, which improves upon its existing testbed hardware platform to deliver high-resolution imaging capable of providing detail at less than 0.5 meters (1.6 feet). Its new satellite, code-named “Sequoia,” also will be able to provide real-time tasking, meaning Capella’s clients will be able to get imaging from these satellites of a desired area basically on demand. Capella’s satellites are “synthetic aperture radar” (SAR for short) imaging satellites, which means they’re able to provide 2D images…

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What we know (and dont) about Goldman Sachs Africa VC investing

February 1, 2020February 1, 2020 NewsEditorafrica, Andreessen Horowitz, asia, e-commerce, entrepreneurship, Europe, finance, Ghana, Goldman Sachs, head, Investment Banking, Jules Frebault, jumia, jumo, Kenya, kobo360, London, Middle East, Money, Nigeria, player, Private Equity, Rocket Internet, San Francisco, sequoia capital, South Africa, Twiga Foods, Uber, United States, Venture Capital, zipline

Goldman Sachs is investing in African tech companies. The venerable American investment bank and financial services firm has backed startups from Kenya to Nigeria and taken a significant stake in e-commerce venture Jumia, which listed on the NYSE in 2019. Though Goldman declined to comment on its Africa VC activities for this article, the company has spoken to TechCrunch in the past about specific investments. Goldman Sachs is one of the most enviable investment banking shops on Wall Street, generating $36 billion in net revenues in 2019, or roughly $1…

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Healthcare startup Lyfebin exposed medical images

January 14, 2020January 14, 2020 NewsEditordata breach, healthcare startup, Lyfebin, medical imaging, medicine, Physician, United States, web services

Healthcare startup Lyfebin exposed thousands of medical imaging files, such as X-rays, MRI scans and ultrasounds. The Los Angeles-based healthcare startup allows doctors and medical staff to store medical images in its “secure environment,” per its website, allowing patients and doctors access from anywhere. But the files were found stored in an unprotected Amazon Web Services (AWS) storage bucket, without a password, allowing anyone who knew the easy-to-guess web address access to the data. The files were dated between September 2018 to October 2019. After we reached out to warn…

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FintechOS raises $14M to help banks launch products as fast as fintech startups

January 4, 2020January 4, 2020 NewsEditorCapgemini, deloitte, Earlybird Venture Capital, economy, Europe, financial services, financial technology, insurance, Microsoft, Money, monzo, N26, partner, plug and play, south east asia, United States

Over the last few years, we’ve seen the rise of fintech startups like N26 and Monzo to challenge the incumbents with new products like challenger banks. But what if the big banks wanted to compete in that game themselves? This is the aim of FintechOS, a Romanian startup that actually aims to help incumbents compete in this brave new, competitive, world. FintechOS allows banks and insurance companies to act and react faster than the new upstarts on the scene with plug and play products. It’s announcing today that it has secured $14 million (£10.7 million)…

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As the new year beckons European investors start moving into new roles

December 19, 2019December 19, 2019 NewsEditoradvisor, Berlin, corporate finance, eastern europe, European Union, finance, jon bradford, London, Money, motive partners, partner, Qualcomm Ventures, SeedCamp, supply chain, TechStars, ukraine, United Kingdom, United States

As the Holiday Season approaches, new jobs for players in the tech ecosystem beckon. And this is no less true for investors. Two notable moves have recently happened that are worthy of note in the European scene. The first is that GR Capital, a pan-European VC, is opening an office in London and has lured Jason Ball, who, earlier this year, left Qualcomm Ventures where had been European Managing Director for over a decade. Ball spent ten years as a mentor at Seedcamp and individually invested in more than ten…