3 min readNov 15, 2020
Startup Monday: Latest tech trends and news happening in the global startup ecosystem
- With digital transformation happening across all industries, many of the big tech companies are sitting on large volumes of data that are being generated in the process. Regulation that seeks to address data monopoly among big tech companies could create a healthier environment for start-ups to innovate.. Read more
- 10 Female VCs Grooming the Next Generation of Game-Changing Startups. Read more
- Statespace, the training platform for gamers, has announced the close of a $29 million Series B financing led by Khosla Ventures. This comes just six months after the announcement of a $15 million Series A funding, also led by Khosla, with participation from FirstMark. Read more
- Amsterdam-based e-scooter startup Dott partners with Jumio to trial digital age verification for its riders in Lyon. Read more
- E-commerce startup Heroes raises $65M in equity and debt to become the Thrasio of Europe. Read more
- Several studies shows that the mental health among 27% of the children from 2 -to -7 years old had worsened since March, and 14% had intensified behavior problems. This Armenian startup Exxper Technologies use robotic technologies to help children undergo challenging and very stressful experiences in medical settings by providing playful and meaningful interactions. Read more
- Scoobic Group, the Sevilla-based startup specialized in multi-purpose electric vehicles for last-mile delivery, has raised a €2 million investment led by Innoenergy, the innovation and entrepreneurship engine in sustainable energy in Europe. It has also added Juan Verde as its newest advisor. Read more
- The Bitcoin Cash network, a result of a hard fork from Bitcoin, has split into two new blockchains, again. At press time, Bitcoin Cash ABC (BCH ABC) has received no hashpower, meaning that it is possible Bitcoin Cash Node (BCHN) will become the dominant software of the Bitcoin Cash network, according to data from Coin.Dance. Read more
- While AI today is good at repetitive tasks and can replace many managerial functions, it could over time acquire the “general intelligence” that humans have, he said in a recent interview with AI for Business (AIB), a new initiative at Analytics at Wharton. Read more
- The conversational AI platform market will exceed $12B USD by 2025. North America will lead the market, followed by Europe and Asia Pacific region. Leading technologies are machine learning, deep learning, NLP, and automated speech recognition. Read more
- Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, said on Monday it has raised $110 million in a new financing round as online shopping booms in the world’s second largest internet market. Read more
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I focus on startup stories, international market expansion, and technology for good. I also help startups and tech nonprofits to diversify their fundraising strategy through private and federal grants.