Data storage company Cloudian launches a new edge analytics subsidiary called Edgematrix

Cloudian, a company that enables businesses to store and manage massive amounts of data, announced today the launch of Edgematrix, a new unit focused on edge analytics for large data sets. Edgematrix, a majority-owned subsidiary of Cloudian, will first be available in Japan, where both companies are based. It has raised a $9 million Series […]

SmartNews’ latest news discovery feature shows articles from across the political spectrum

Even before the 2016 election, political polarization was increasing, with Americans so entrenched in the news sources they rely on that the Pew Research Center said “liberals and conservatives inhabit different worlds.” Now SmartNews, the news aggregation app that recently hit unicorn funding status, wants to give users a way to step out of their […]

Watch JAXA’s HTV-8 mission launch aboard a Mitsubishi Heavy Industries H-IIB rocket live

[embedded content] Mitsubishi Heavy Industries’s Launch Services division is all set to send a crucial cargo payload to the International Space Station from JAXA today. The launch is scheduled for 6:33 AM Japan Standard Time (5:33 PM ET/2:33 PM PT), and will take off from Tanegashima Island, at JAXA’s Tanegashima Space Center. The rocket used […]

Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia

Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and services to help others navigate the choppy darks of cryptocurrencies. The round was led by financial services and asset management firm […]

Japan’s ispace now aims for a lunar landing in 2021, and a Moon rover deployment in 2023

One of the private companies aiming to deliver a commercial lunar lander to the Moon has adjusted the timing for its planned mission, which isn’t all that surprising given the enormity of the task. Japanese startup ispace is now targeting 2021 for their first lunar landing, and 2023 for a second lunar mission that will […]

Toyota partners with AI startup Preferred Networks on building helper robots for humans

Toyota is enlisting the help of startup Preferred Networks, a Japanese company founded in 2014 with a focus on artificial intelligence and deep learning, to help move forward its goal of developing useful service robots that can assist people in everyday life. The two companies announced a partnership today to collaborate on research and development […]

Through a new partnership and $72 million in funding, LanzaTech expands its carbon capture tech

For nearly 15 years LanzaTech has been developing a carbon capture technology that can turn waste streams into ethanol that can be used for chemicals and fuel. Now, with $72 million in fresh funding at a nearly $1 billion valuation and a newly inked partnership with biotechnology giant Novo Holdings, the company is looking to […]

SoftBank announces AI-focused second $108 billion Vision Fund with LPs including Microsoft, Apple and Foxconn

SoftBank Group announced today that it will launch its second Vision Fund with participation from Apple, Foxconn, Microsoft and other tech companies and investors. Called the Vision Fund 2, the fund will focus on AI-based technology. SoftBank said the fund’s capital has reached about $108 billion, based on memoranda of understandings. SoftBank Group’s own investment […]

Standard Cognition lands $35M at $535M valuation to battle Amazon Go

EQT Ventures, Initialized Capital, CRV and Y Combinator have fueled Standard Cognition with another $35 million to help retailers battle Amazon. The deal values the San Francisco-based autonomous checkout startup, founded in 2017, at $535 million. Standard Cognition implants its AI-powered computer vision platform, which enables the autonomous checkout process, in brick-and-mortar stores. To date, […]

ispace Europe tapped by the European Space Agency for mission to extract water from the Moon

Space startup ispace, which is headquartered in Japan but has a European subsidiary based in Luxembourg, will take part in PROSPECT, a program run by the European Space Agency (ESA) that intends to extract water from the Moon’s southern pole, with a target mission date of 2024 or 2025. PROSPECT isn’t just a cool reference […]