Bi-Weekly Podcast featuring successful Armenian entrepreneurs and founders across the globe!
Indian startup Meesho, which counts Facebook-owner Meta Platforms and SoftBank Group’s Vision Fund 2 as its investors, is aiming to go public in early 2023, a source familiar with the matter told Reuters. The Bengaluru-based social commerce platform is working to be ready for a listing by the end of 2022 and is evaluating both Indian and U.S. exchanges, according to an internal document seen by Reuters.
E-commerce startup Fabric, led by Amazon vets, raises $140M at $1.5B valuation to pursue ‘absurd’ market opportunity. GeekWire reports that Fabric, a Seattle-based e-commerce technology startup whose leadership team includes several former Amazon executives, announced a $140 million Series C funding round, led by SoftBank, at a valuation of about $1.5 billion.
the U.S. House of Representatives passed the America COMPETES Act to expand immigration opportunities for foreign-born scientists and engineers. If retained during negotiations with the Senate, the measures in the bill could become the most significant on legal immigration to pass Congress in more than 30 years.
The “Clean Energy Technologies Market by Technology (Hydropower, Clean coal, Wind, Solar, and Others) and Geography (APAC, Europe, North America, and ROW) – Forecast and Analysis 2021-2025” report projects that the potential growth difference for the clean energy technologies market between 2020 and 2025 is USD 81.65 billion. The report also identifies the market to register an accelerating growth momentum at a CAGR of 5.22% during the forecast period.
Breakthrough Energy Catalyst, a private-public fund backed by Microsoft billionaire Bill Gates, is planning to help invest up to $15 billion into clean tech projects across the U.S., the U.K. and the European Union. In order to deploy $15 billion, Goldman told the FT that the fund plans to use innovative financial structures and partnership agreements. “We are last-mile financing and so, we will be the most risky capital in there,” Goldman said. “We’re really trying to demonstrate which of the technological pathways are going to be most effective.”
Breakthrough Energy Catalyst, a private-public fund backed by Microsoft billionaire Bill Gates, is planning to help invest up to $15 billion into clean tech projects across the U.S., the U.K. and the European Union. In order to deploy $15 billion, Goldman told the FT that the fund plans to use innovative financial structures and partnership agreements. “We are last-mile financing and so, we will be the most risky capital in there,” Goldman said. “We’re really trying to demonstrate which of the technological pathways are going to be most effective.”
Toronto-based 1Password said on Wednesday it had raised $620 million in a funding round led by investment firm ICONIQ Growth, which more than tripled its valuation, as the cybersecurity startup aims for strategic acquisitions to boost its growth. Hollywood stars including Ryan Reynolds, Scarlett Johansson, Robert Downey Jr and Ashton Kutcher also participated in one of the largest rounds in the security funding space that valued the company at $6.8 billion.
Forbes’ “30 Under 30” List Highlights the Future Leaders of Biotech. Across the field of science and health care, there are numerous up and coming stars all under the age of 30. In its 2020 “30 Under 30” list, Forbes highlights some of these future Movers & Shakers who are beginning to make their mark in the biopharma and healthcare industries.
Forbes’ “30 Under 30” List Highlights the Future Leaders of Biotech. Across the field of science and health care, there are numerous up and coming stars all under the age of 30. In its 2020 “30 Under 30” list, Forbes highlights some of these future Movers & Shakers who are beginning to make their mark in the biopharma and healthcare industries.
The recent cyber-attack on the US major oil and gas pipeline could become one of the most expensive attacks to an economy. It’s also the latest reminder that both the frequency and severity of catastrophic digital shocks on critical infrastructure are on the rise.
Hye Tech Minds