Dukaan raises $11 million to help merchants in India set up online stores – ProWellTech

Dukaan raises $11 million to help merchants in India set up online stores – ProWellTech

Dukaan, a one-year-old Bangalore-based startup that enables merchants to set up online stores and sell products digitally, said on Monday it has raised $11 million in a new financing round as it looks to broaden its offerings and deepen footprints in the South Asian market. The new financing round, a Pre-Series A, was led by…

Hadlee Simons

Germany wants smartphone makers to offer 7 years of updates

Eric Zeman / Android Authority TL; DR A new proposal by the federal government calls on smartphone brands to offer security updates for seven years. This is two years longer than the EU’s own proposals. Samsung has paved the way for Android smartphone updates lately, promising three years of operating system updates as well as…

Spain’s Factorial raises $80M at a $530M valuation on the back of strong traction for its ‘Workday for SMBs’ – ProWellTech

Spain’s Factorial raises $80M at a $530M valuation on the back of strong traction for its ‘Workday for SMBs’ – ProWellTech

Factorial, a startup out of Barcelona that has built a platform that lets SMBs run human resources functions with the same kind of tools that typically are used by much bigger companies, is today announcing some funding to bulk up its own position: the company has raised $80 million, funding that it will be using…

Singapore-based caregiving startup Homage raises $30M Series C – ProWellTech

Singapore-based caregiving startup Homage raises $30M Series C – ProWellTech

Homage, the caregiving-focused startup, has raised a $30 million Series C led by Sheares Healthcare Group, which is wholly-owned by investment firm Temasek. Other participants included new investors DG Daiwa Ventures and Sagana Capital, and returning backers East Ventures (Growth), HealthXCapital, SeedPlus, Trihill Capital and Alternate Ventures. The new funding will be used to develop…

Mercedes-Benz throws down the EV gauntlet at IAA Mobility – ProWellTech

Mercedes-Benz throws down the EV gauntlet at IAA Mobility – ProWellTech

Mercedes-Benz introduced a slew of electric vehicles ahead of the IAA Mobility show in Germany, including its first AMG-branded high-performance EV, a sedan and a G-Class SUV concept — all part of the company’s bid to become an electric-only automaker by the end of the decade. Mercedes has already started producing the all-electric EQS, a…

Quantum Machines plans to expand quantum orchestration platform with $50M investment – ProWellTech

Quantum Machines plans to expand quantum orchestration platform with $50M investment – ProWellTech

Quantum Machines, an Israeli startup that is building the classical hardware and software infrastructure to help run quantum machines, announced a $50 million Series B investment today. Today’s round was led by Red Dot Capital Partners with help from Exor, Claridge Israel, Samsung NEXT, Valor Equity Partners, Atreides Management, LP, as well as TLV Partners,…

Volkswagen and Argo AI reveal first ID Buzz test vehicle for autonomous driving – ProWellTech

Volkswagen and Argo AI reveal first ID Buzz test vehicle for autonomous driving – ProWellTech

Volkswagen Commercial Vehicles, a standalone VW brand responsible for the development and sales of light commercial vehicles, and Argo AI, an autonomous driving technology company, unveiled the first version of the ID Buzz AD (Autonomous Driving) on Sunday. The two companies shared plans to test and commercially scale the jointly developed, fully-electric self-driving van over…