Sony, DoCoMo Test Remote Auto Test Drive Over 5G

Having a car in, say, Guam, and driving it from 1,500 miles away in Japan, all by 5G, sounded pretty theoretical. Until suddenly it wasn’t. The car, manufactured by the Sony Corporation and dubbed the New Concept Car SC-1, was out for testing with Docomo Pacific, the largest telco in Guam and the Northern Mariana…

Houston Based Aerospace Unicorn Axiom Space Raises $130M In Series-B Funding

Houston-based aerospace firm Axiom Space, which specializes in spaceflight and space asset development, raised a $130 million Series B round, the company announced Feb. 16. The round was led by C5 Capital and saw participation from TQS Advisors, Declaration Partners, Moelis Dynasty Investments, The Venture Collective, Aidenlair Capital, Hemisphere Ventures, Starbridge Venture Capital and Washington…

Ford And Google Sign Six-Year Deal For In Car Connectivity And Cloud Services

Ford and Google are entering a six-year deal that will make the tech giant responsible for much of the automaker’s growing in-vehicle connectivity. Google will also provide cloud computing and other technology services. The partnership announced Monday is designed to streamline Ford’s operations and accelerate an ongoing $11 billion restructuring plan. It marks a major…

Robotic process automation platform UiPath raises $750M at $35B valuation

UiPath, one of the leaders in the quickly growing robotic process automation (RPA) space, announced Monday that it has closed on $750 million in Series F funding at a staggering post-money valuation of $35 billion. Existing backers Alkeon Capital and Coatue co-led the round, which also included participation from other returning investors such as Altimeter…

Visa backed Anchorage gets a federal bank charter

A startup called Anchorage announced on Wednesday that it has become the first cryptocurrency company to receive a federal charter from the Office of the Comptroller of the Currency. Wonky and technical as it sounds, the news is a significant milestone for the burgeoning crypto industry, since it provides a legal green light for big…

Microsoft Invests $2 Billion Into Autonomous Vehicle Company Cruise

Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as an investor and partner. GM, Honda and other institutional investors have also put more capital into Cruise as the autonomous vehicle company inches closer to commercializing its technology. While Microsoft’s capital is…

How Will Elon Musk’s $100 Million XPRIZE Work For Carbon Removal

Elon Musk notified the world that he would be donating $100 million to pursue new technologies for carbon capture, methods through which carbon dioxide can be actively extracted from the atmosphere as a means to help stave off climate change. As TechCrunch reported in January when he made the tweet, Musk’s sizeable pool of monetary…

Rocket StartUp Astra To Go Public In Race For Commercial Space

The rocket start-up Astra plans to go public, the company announced Tuesday, raising $500 million to bolster its position in the burgeoning market for space transportation. In a deal valued at $2.1 billion, Astra would become the first publicly traded company dedicated to delivering satellites into Earth’s orbit. The Alameda, Calif.-based rocket-maker intends to go…

2020 – A Recap

A decade on, i continue my yearly ritual 1.Till the beginning of October, the year 2020 went pretty well for me inspite of the pandemic and the innumerable hardships faced by everyone around us. And then on October 6th , disaster struck as my brother passed away and it was the most terrible feeling i…