The telecom industry is undergoing its greatest period of disruption since the telegraph, as companies work to open up space as the next frontier for communications. French startup Constellation hopes to take part by repurposing 5G tech to provide a Starlink-like satellite broadband that uses telecoms’ existing assets. Constellation Technologies and Operations, to call it […]
PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital
Canadian private equity firm PartnerOne paid $ 28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $ 21 million and its Q1 2024 revenue stood at […]
Samsung to acquire UK-based knowledge graph startup Oxford Semantic Technologies
Samsung’s busy feeding its AI ambitions for its consumer devices. Earlier this year, the electronics giant said it would bring its Galaxy AI and Google’s AI model Gemini to its products, including its flagship smartphone, the Galaxy 24, and just last week, the company unveiled the latest versions of its two-foldable phones — the Galaxy […]
Insight Partners backs Canary Technologies’ mission to elevate hotel guest experiences
The hospitality industry is back, baby. And with it comes a chance for technology startups to not only help hotels streamline their operations, but also focus on how they can improve the guest experience. “The predominant traveler today was born in an age where they are very comfortable with technology,” Harman Singh Narula, Canary Technologies […]
Productive solar technologies draw investors as global off-grid solar sector funding slumps
Productive Use of Renewable Energy (PURE) technologies, especially those in the solar irrigation and cold chain segment, saw increased investor interest last year, despite a 43% funding slump recorded in the global off-grid solar sector. The global association for the off-grid solar energy industry, GOGLA, says PURE technologies raised $ 65 million in 2023, double […]