Thailand-based SCB 10X, the corporate venture capital arm of the SCBX Group, has pumped $10 million into the crypto custody platform RakkaR Digital in a seed funding round. The fresh funding from SCB 10X—RakkaR Digital’s first financial backer—and its strategic partnership with peer Fireblocks will help the company expand its presence into Southeast Asia and… Continue reading Thailand’s SCB 10X pumps $10m in crypto custodian RakkaR’s seed roundThe funding will help it expand into Southeast Asia and Hong Kong.
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Neev II Fund backs Hygenco Green Energies and India deals worth $319m
Neev II Fund, a climate- and sustainability-focused SME fund, on Monday announced an undisclosed investment in Hygenco Green Energies Pvt Ltd, a green hydrogen developer. Hygenco aims to deploy over $300 million in green hydrogen projects across India in the next three years, and Neev’s investment will provide the necessary capital to Hygenco for commercialising… Continue reading Neev II Fund backs Hygenco Green Energies and India deals worth $319m
Jeep joint venture in China to file for bankruptcy, say partners
The joint venture that makes Jeeps in China will file for bankruptcy, partners Stellantis and Guangzhou Automobile Group (GAC) said on Monday, after a long decline for the oldest foreign auto brand in the world’s largest car market. The move comes after Stellantis‘ surprise decision in July to end the venture with GAC, only months after saying it would raise its stake to 75% from 50%. Stellantis CEO Carlos Tavares… Continue reading Jeep joint venture in China to file for bankruptcy, say partners
Mobileye cruises into the public market and inside the Argo AI collapse
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading Mobileye cruises into the public market and inside the Argo AI collapse
Invygo raises $10M to make long-term car subscription a breeze
Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. The Middle East-based startup, founded by Eslam Ahmed Hussein and Pulkit Ganjoo in 2019, has raised $14.3 million to date. Al Rajhi… Continue reading Invygo raises $10M to make long-term car subscription a breeze
What’s next for Windows: Cloud integration, ad- and subscription-powered devices?
Credit: Microsoft In April this year, Windows officials talked about plans to more tightly integrate Windows 365 and Windows. So far, they’ve delivered on one of their promises: A preview of the Windows 365 app which Windows 11 users can pin to their taskbars and start menus to more easily access their cloud PCs. But… Continue reading What’s next for Windows: Cloud integration, ad- and subscription-powered devices?
iPad 2022 (10th Gen) review: A confusingly good iPad
Pros Modernized design with a USB-C port Landscape front-facing camera is superior to other iPad models Four lively colors to choose from Reliable battery life Cons $120 price bump from predecessor Dongle required to charge Apple Pencil (1st Gen) Excluded from some iPadOS features like Stage Manager Even my mom needs more than 64GB of… Continue reading iPad 2022 (10th Gen) review: A confusingly good iPad
SpaceX’s Falcon Heavy is scheduled to launch again after three years
Science/ Space / It’s the first National Security Space Launch for the Falcon Heavy rocket A SpaceX Falcon Heavy rocket carrying satellites for the US Air Force ahead of a launch scheduled for June 24th, 2019, at Kennedy Space Center in Florida.Photo by Paul Hennessy/NurPhoto via Getty Images On November 1st, SpaceX’s Falcon Heavy is… Continue reading SpaceX’s Falcon Heavy is scheduled to launch again after three years
TuSimple reportedly under investigation for ties to Chinese firm
/ The autonomous trucking company’s problems are mounting as The Wall Street Journal reports that both the FBI and SEC are probing whether it defrauded investors TuSimple may have defrauded investors by failing to disclose its ties to a Chinese firm.Photo by Andrej Sokolow/picture alliance via Getty Images Autonomous trucking company TuSimple is under investigation… Continue reading TuSimple reportedly under investigation for ties to Chinese firm
The new Fitbit Sense 2 is already 74 percent off at Amazon
/ Overshadowed by Google’s Pixel Watch, the latest (as well as the smartest) Fitbit tracker is already selling at bargain bin price. At $80, it’s far easier to justify getting one if you want stress tracking, built-in GPS, and other features. The Sense 2 that’s $80 at Amazon in the black colorway.Photo by Victoria Song… Continue reading The new Fitbit Sense 2 is already 74 percent off at Amazon