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French medical testing facilities are on strike over funding issues.
Since Monday, a widespread strike has been ongoing in the French medical testing centres, often known as medical "laboratories." As a form of protest against the government's decision to lower their budget in the 2023 social security finance bill, workers have announced a strike tha...
Biden and US allies are confronted with a fresh quandary on Ukraine funding
'I want to weep,' says one. From a Russian hospital, a Ukrainian orphan communicates with his grandfather. Ukraine's military took a defiant stand this weekend, refusing to surrender its troops in the port city of Mariupol to Russia, at the same time that President Joe Biden and his a...
The Australian Upcoming Budget Attracts Several Funding Submissions
As there is a new budget coming for Australia, the wish list of its research community includes an increase in the funding for National Health and Medical Research Council (NHMRC), an escalation in rural health research investment and an expansion of the Cooperative Research Centres programme.
Singapore-based StaffAny Acquires 3.4 million Dollars from GGV-led Funding
A management platform for businesses with shift workers, StaffAny has managed to raise 3.4 million dollars in Series A funding led by GGV Capital. The round featured the participation of Far East Ventures, East Ventures, Farquhar Venture Capital, FreakOut Shinsei Fund, and angel investors.
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China vowed to end coal funding in overseas projects
Highlights
- China announced that it will stop funding coal projects overseas
- US will double its contribution towards climate change
President Xi Jinping announced that China will stop funding coal projects overseas. The President made...
JANET YELLER WARNS ABOUT BTC ONCE AGAIN
Highlights:
• Yeller has consistently maintained that BTC used for illegal fundings
• She has specifically stated funding i...
REDDIT RAISES $250 MILLION; WILL INCREASE EMPLOYEES
Highlights:
• Reddit raised funds via Series E funding
• The current investors, as well as new investors, have contributed ...
PRESIDENT TRUMP SIGNS ONE-WEEK EXTENSION OF FEDERAL FUNDING TO AVERT GOVERNMENT SHUTDOWN
Highlights
• This bill was passed by the Republican-led Senate on Friday afternoon after the Democratic-majority House of Representatives had given their approval to the measure on Wednesday
• Several economists have stated that the US economy needs additional COVID-...
CHINESE REALTY SEEKERS OPT FOR PORTUGAL AND SINGAPORE SHUNNING US AND AUSTRALIAN MARKETS
- Property investors from mainland China are shifting their gaze on Portugal and Singapore as alternative investment locations, while offloading more money out of traditional markets like the US and Australia and Britain amid concerns about difficult trade relations.
- While the Co...
HANWHA INVESTS $3 MILLION IN CRYPTO DISCLOSURE STARTUP
Highlights:
- Hanwha, the South Korean conglomerate group, has invested $3.3 million in Xangle, a crypto disclosure platform by CrossAngle.
- CrossAngle will utilize the Series A2 investment to enable the company to develop an infrastructure for instituti...
ZOMATO LOSES $100 MILLION FUNDING FROM CHINESE INVESTORS
Highlights:
- In January, Zomato had raised $150 million from Alibaba affiliate Ant Financial as a part of larger funding round.
- Ant Financial has invested already around $560 million in Zomato and has a stake of more than 25 percent in the company...
UN CHIEF DISAPPOINTED AT THE LACK OF INTERNATIONAL SOLIDARITY TO FIGHT CORONAVIRUS
Highlights:
- United Nations and WHO have been calling for an international united front to fight covid19
- UN says unless collaborative efforts are made no one will win over covid in isolation
As the world fights against a common enemy, the ...
PRESIDENT TRUMP WILL SIGN EXECUTIVE ORDER PRIORITIZING FEDERAL FUNDING FOR THE POLICE DEPARTMENTS
Highlights:
- President Donald Trump will sign an executive order on Tuesday for redistributing federal funding for police departments.
- Congressional action...
ASTRAZENECA RECIEVES $1 BILLION FROM THE U.S. TO FUND COVID-19 VACCINE
Highlights
• AstraZeneca stated that it was engaging with various international organisations including the World Health Organization (WHO) for fair allocation and distribution of the vaccine globally
• AstraZeneca has partnered with the University of Oxford to devel...
NYKAA SHUTS SHOP AFTER CLOSING A 100 CRORE FUNDING IN WAKE OF COVID-19 IMPACT
- Beauty and Cosmetics retailer Nykaa has bitten dust ever since the lockdown came into effect.
- It has shut down operations, even though having raised funds to the tune of 100 cores.
The company has to say that the lockdown has put the operations unde...
CAR RENTAL STARTUP VAI.CAR RAISES USD 85 MILLION
Highlights:
- Vai.Car raises USD 85 million from XP Investimentos.
- Vai.Car is a startup from Brazil that allows users to rent cars through apps.
- The funding was raised to increase the number of vehicles in its fleet.
Vai.car...
MALAYSIAN CAR-SHARING APP BAGS USD 18 MILLION FUNDING
Highlights:
- SOCAR Mobility Malaysia raised USD 18 million in fresh funds.
- The funding will go through technological enhancements and strengthening the growth and foothold of SOCAR.
- The aim of SOCAR in 2018, was to empower millions of indivi...
THISTLE STARTUP GETS FUNDING
HIGHLIGHTS
- $5.65 million Series A funding
- Funding given by PowerPlant Ventures
Thistle is a food startup founded in 2014. It delivers food meals thrice on a weekly basis. It consists of cooler bags customized with, plant-based b...
SCOUTBEE RAISES $60 MILLION
Highlights
- Series B funding
- Fastest growing SaaS platform
- Company expansion
The world’s leading supplier discovery platform closed a $60 million Series B round from new investors, led by Atomico with partic...
INTU ORGANIZATION SEEKS FRESH FUNDING
Highlights
- The company is requesting funding around £1bn
- Consumer behavior shifting to online shopping
INTU is a British real estate investment trust, mainly focused on shopping center management and developmen...