Category: Tech News

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EV startup Simple Energy raises $21m funding and 19 other India deals

Premium Bengaluru-based electric vehicle startup Simple Energy has raised $21 million (Rs 155 crore) in a pre-series investment round, it said in an announcement. The oversubscribed funding round was driven by the company’s current investors and board members, Manish Bharti of UiPath and Raghunath Subramanian, non-executive chairman, UiPath India, respectively, the startup said in a… Continue reading EV startup Simple Energy raises $21m funding and 19 other India deals

Tesla asks Full Self-Driving Beta drivers to accept being recorded in case of a crash or ‘safety risk’

Tesla is now asking owners getting into the Full Self-Driving Beta program to accept that Tesla can use footage from both inside and outside the car in case of a safety risk or accident. It’s the first time that Tesla will attach footage to specific individuals. For years now, Tesla has been using footage from… Continue reading Tesla asks Full Self-Driving Beta drivers to accept being recorded in case of a crash or ‘safety risk’

Einride founder Robert Falck on his moral obligation to electrify autonomous trucking

Robert Falck used to work at a Russian trucking factory by day, and by night, he built a nightclub guest list startup. He also collects old books, and once guessed that Chinese author Gao Xingjian would win the Nobel Prize in literature. He grew up on a farm, but has degrees in finance, economics and… Continue reading Einride founder Robert Falck on his moral obligation to electrify autonomous trucking

Volvo Cars Tech Fund invests $2M in optics and imaging startup Spectralics

The venture arm of Volvo Cars, an automaker long synonymous with safety, has invested in an optics and imaging startup developing technology that can be integrated into a car’s windshield or windows to deliver images to drivers and passengers. Volvo Cars Tech Fund invested $2 million into optics and imaging developer Spectralics, funds it will… Continue reading Volvo Cars Tech Fund invests $2M in optics and imaging startup Spectralics

Tesla employees are reportedly organizing a union at Gigafactory Berlin

Some Tesla employees are reportedly organizing a union at Gigafactory Berlin, and IG Metall – one of Germany’s most powerful unions – is behind it. For years, United Auto Workers (UAW) tried to unionize Tesla’s Fremont factory, and the automaker fought against it, so much so that Tesla was recently found to have violated labor laws based… Continue reading Tesla employees are reportedly organizing a union at Gigafactory Berlin

Streetlogic launches computer vision-based e-bike collision warning system, raises $2.1M

Streetlogic wants to help e-bike riders have a safer experience on the road. The company announced a $2.1 million pre-seed raise, as well as the launch of its flagship product, a surround-view camera that can predict front, side and rear collisions and notify riders in order to prevent accidents. Starting Tuesday, customers in the U.S.,… Continue reading Streetlogic launches computer vision-based e-bike collision warning system, raises $2.1M

Polestar is bringing its electric Precept sedan to market in 2024 with a new name

The Polestar Precept sedan — the concept vehicle turned production project — has a new name and an official launch date. The company, the electric performance brand that spun out from Volvo Car Group, has dubbed the shark-nosed sedan Polestar 5 and announced it will go into production in 2024. When Polestar first revealed the… Continue reading Polestar is bringing its electric Precept sedan to market in 2024 with a new name

AV startup MooVita scores fresh funding and other SE Asia deals

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading AV startup MooVita scores fresh funding and other SE Asia deals

Robert Bosch Venture Capital Invests Approx. $26M in Variantyx

Robert Bosch Venture Capital GmbH, the corporate venture capital company of the Bosch Group, completed an investment in Variantyx Inc., a Framingham, MA-based provider of advanced diagnostics and personalized treatment recommendations for oncology patients’ based on their unique genetic makeup. The investment was made as a part of a Series C funding, which now totals… Continue reading Robert Bosch Venture Capital Invests Approx. $26M in Variantyx