Category Archives: SoftBank

Sendoso nabs $100M as its corporate gifting platform passes 20,000 customers

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Corporate gift services have come into their own during the Covid-19 pandemic by standing in as a proxy for other kinds of relationship building activities — office meetings, lunches, and hosting at events — that have traditionally been part and parcel of how people do business, but were no longer feasible during lockdowns, social distancing […] Continue reading Sendoso nabs $100M as its corporate gifting platform passes 20,000 customers→

Paystand banks $50M to make B2B payments cashless and with no fees

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It’s pretty easy for individuals to send money back and forth, and there are lots of cash apps from which to choose. On the commercial side, however, one business trying to send $100,000 the same way is not as easy. Paystand wants to change that. The Scotts Valley, California-based company is using cloud technology and […] Continue reading Paystand banks $50M to make B2B payments cashless and with no fees→

Ethos picks up $100M at a $2.7B+ valuation for a big data platform to improve life insurance accessibility

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More than half of the U.S. population has stayed away from considering life insurance because they believe it’s probably too expensive, and the most common way to buy it today is in person. A startup that’s built a platform that aims to break down those conventions and democratize the process by making life insurance (and […] Continue reading Ethos picks up $100M at a $2.7B+ valuation for a big data platform to improve life insurance accessibility→

Wait, What? Nvidia/ARM Sale on Hold—for Security Reasons

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The government of the United Kingdom is investigating the proposed “merger” of ARM and Nvidia, on national security grounds.
The post Wait, What? Nvidia/ARM Sale on Hold—for Security Reasons appeared first on Security Boulevard.
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HealNow raises $1.3 million to bring online payments to pharmacies

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As the healthtech landscape rapidly evolves another startup is making its presence known. HealNow has closed a $1.3 million round of funding from SoftBank Opportunity Fund and Redhawk VC. The company was founded by Halston Prox and Joshua Smith. Prox has worked in healthcare for more than a decade with major organizations such as Providence […] Continue reading HealNow raises $1.3 million to bring online payments to pharmacies→

Nvidia Acquires ARM for $40 Billion

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Nvidia announced on Sunday evening that it has reached an agreement to acquire Arm Limited from SoftBank for a cool $40 billion.

In this age of headlines that use the b-word in place of nine zeros it’s easy to lose track, so you may be wondering, didn’t SoftBank just buy …read more

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SoftBank Robots Pinch Hit For Baseball Cheerleaders

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Grand venues of spectacle to entertain audiences has long been a part of history, but such tradition is highly problematic at the moment in the light of the pandemic. Some sports leagues are testing the waters with a soft restart by playing only to a broadcast audience, leaving the stadium …read more

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Layoffs hit another Softbank co as $3.2B Flexport cuts 50

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Fearing weak fundraising options in the wake of the WeWork implosion, late stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80% of staff laid off), Wag (80%+),  Fair (40%), Getaround (25%), Rappi (6%), and Oyo (5%) that have all cut staff to slow their burn rate and reduce […] Continue reading Layoffs hit another Softbank co as $3.2B Flexport cuts 50→

OneConnect’s drastic IPO value cut underscores the risk of high-growth, high-burn companies

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OneConnect’s US-listed IPO flew under our radar last week, which won’t do. The company’s public offering is both interesting and important, so let’s take a few minutes this morning to understand what we missed and why we care. The now-public company sells financial technology that banks in China and select foreign countries can use to […] Continue reading OneConnect’s drastic IPO value cut underscores the risk of high-growth, high-burn companies→