Where top VCs are investing in manufacturing and warehouse robotics

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Odoo grabs $90M to sell more SMEs on its business app suite

Belgium-based all-in-one business software maker Odoo, which offers an open source version as well as subscription-based enterprise software and SaaS, has taken in $90 million led by a new investor: Global growth equity investor Summit Partners. The funds have been raised via a secondary share sale. Odoo’s executive management team and existing investor SRIW and […]

India bans e-cigarettes citing youth health concerns

India’s government has announced an immediate ban on e-cigarettes — citing youth-focused public health concerns. In a news statement following a cabinet meeting today finance minister Nirmala Sitharaman said the ban covers production, manufacturing, import, export, transport, sale, distribution, storage and advertising of e-cigarettes. Sitharaman suggested India’s youth are viewing e-cigarettes as a “style statement”, […]

Y Combinator-backed Holy Grail is using machine learning to build better batteries

For a long, long time, renewable energy proponents have considered advancements in battery technology to be the Holy Grail of the industry. Advancements in energy storage has been among the hardest to achieve economically, thanks to the incredibly tricky chemistry that’s involved in storing power. Now, one company that’s launching from Y Combinator believes it […]

New $47M fund, Fil Rouge Capital, is ready to boost Croatia’s growing startup scene

Croatia has not exactly been known for a huge startup scene in the past, and probably the most famous tech company out of there in recent years has been Rimac Automobili, the startup out of Zagreb that created an electric supercar to rival anything Porsche might make. But the technical talent in the country remains […]

How Facebook does IT

If you have ever worked at any sizable company, the word “IT” probably doesn’t conjure up many warm feelings. If you’re working for an old, traditional enterprise company, you probably don’t expect anything else, though. If you’re working for a modern tech company, though, chances are your expectations are a bit higher. And once you’re […]

Another day, another reversal in stock fortunes as recession fears grow

U.S. stock markets plummeted today as recession fears continue to grow. Yesterday’s good news about a reprieve on tariffs for U.S. consumer imports was undone by increasing concerns over economic indicators pointing to a potential global recession coming within the next year. The Dow Jones Industrial Average dropped more than 800 points on Wednesday — […]

Calling all hardware startups! Apply to Hardware Battlefield @ TC Shenzhen

Got hardware? Well then, listen up, because our search continues for boundary-pushing, early-stage hardware startups to join us in Shenzhen, China for an epic opportunity; launch your startup on a global stage and compete in Hardware Battlefield at TC Shenzhen on November 11-12. Apply here to compete in TC Hardware Battlefield 2019. Why? It’s your chance […]

With Y Combinator’s seal of approval, MyPetrolPump raises $1.6 million for its car refueling business

Even before pitching onstage at Y Combinator, Indian car refueling startup MyPetrolPump has managed to snag $1.6 million in seed financing. The business, which is similar to startups in the U.S. like Filld, Yoshi and Booster Fuels, took 10 months to design and receive approval for its proprietary refueling trucks that can withstand the unique […]

Lessons from the hardware capital of the world

A week is obviously not enough time to truly understand a market as massive and fascinating as China. Hell, it’s not really even enough time to adjust to the 12-hour time difference from New York. That said, each of the three visits I’ve taken to the country in the past two years has yielded some […]