OneWeb to file for bankruptcy as effort to secure funding, including from investor SoftBank, falls through
April 25, 2020

Broadband constellation satellite operator OneWeb will file for bankruptcy protection in the U.S., likely some time Friday, after attempts to secure new funding, including from existing investor SoftBank, fell through, TechCrunch has learned. The Financial Times also reported on the Continue reading

GetYourGuide picks up $484M, passes 25M tickets sold through its tourism activity app
June 10, 2019

As we swing into the summer tourist season, a company poised to capitalise on that has raised a huge round of funding. GetYourGuide — a Berlin startup that has built a popular marketplace for people to discover and book sightseeing Continue reading

How Nuro plans to spend Softbanks $940 million
April 13, 2019

Autonomous delivery startup

A recent patent application details how its R1 self-driving vehicle could carry smaller robots to cross lawns or climb stairs to drop off packages. The company has even taken the step of trademarking the name “Fido” for Continue reading

E-commerce startup Zilingo raises $226M to digitize Asias fashion supply chain
February 26, 2019

If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to go after the opportunity to digitize Asia’s Continue reading

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBanks Vision Fund
December 25, 2018

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba.

SoftBank and Alibaba are existing investors in the business — the Chinese Continue reading

Silicon Valleys sovereign wealth problem
November 22, 2018

It’s time to bring the conversation about where Silicon Valley gets its money from out into the open. Following recent revelations into Saudi Arabia’s extensive Continue reading