Category: Global

WiFi technology startup, Unium, sells to Nokia for use in the company’s new service

Seattle-based Unium, which works with WiFi technology, has been purchased by major Finnish communications company, Nokia. Previously called OpenRoute and then CocoCommunication, Unium began working with its technology for the Department of Defence. The startup works on a form of WiFi technology called mesh networking technology, which allows for more seamless expansion of network as […]

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European savings deposit startup, Raisin, launches UK platform

Berlin-based fintech startup, Raisin, has launched a UK website for its savings deposit platform which allows users to access interest rates for savings deposit accounts across Europe. The startup was initially set up to work with the banking regulation throughout the EU, allowing consumers to compare rates throughout the continent in order to make the […]

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Online file storage unicorn, Dropbox files for IPO of $500 million

Cloud file storage company, Dropbox, has reportedly filed paperwork to raise $500 million in an initial public offering. Prior to this, the company had been privately valued at $10 billion. Dropbox is part of a broader group popularly known as “unicorns”, a term used to refer to startups which are valued at more than $1 […]

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Myanmar-based ShweProperty raises undisclosed funding led by London-based investment firm

With plans for company growth, real estate startup ShweProperty has raised an unspecified dollar amount of funding. The funds span seven digits. The Myanmar-based startup uses its portal to help buyers and renters connect with sellers and vice-versa. The company is led by CEO Justin Sway who founded Kaung Thu Win. In the leadership role […]

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Grocery delivery startup, Instacart, raises $200 mn funding

San Francisco based grocery delivery startup, Instacart, has raised a $200 million fund round led by Coatue Management. The company provides its customer base with a mobile app which can be used to order groceries directly to users’ homes. The startup works with approximately 200 retailers such as Costco Wholesale Corp and Target Corp. Instacart […]

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