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Hong Kong insurance tech startup raises $12.7m

OneDegree, a Hong Kong-based insurance technology start-up under Cyberport Incubation Programme, announced today the full subscription and execution of its Series A funding, with investors committing HK$100 million, plus an additional HK$100 million for future financial support at the company’s option, subject to regulatory approval. This sum represents the largest ever fundraising round for a… Read More »

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Bridging the gender gap – the rise of women led startups in Africa

The entrepreneurial ecosystem has been on a steady rise around the world. So has the growth of female-owned businesses and establishment. This has been especially so in Africa where growth has been driven by the creation of women-centered policies and programmes for empowerment, and women-focused accelerators and boot camps. Sub-Saharan Africa boasts the world’s highest… Read More »

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Facebook bans first app – myPersonality – since Cambridge Analytica and suspends hundreds more

Facebook  announced today that it had banned the app myPersonality for improper data controls and suspended hundreds more. So far this is only the second app to be banned as a result of the company’s large-scale audit begun in March; but as myPersonality hasn’t been active since 2012, and was to all appearances a legitimate academic operation…. Read More »

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A 16-year-old hacked Apple and stole 90GB of secure files

To demonstrate his love for Apple, a sixteen-year-old Australian managed to hack the tech giant, where he stole some 90GB of secure files and accessed customer accounts in the process. All that information was stored in a folder aptly named “hacky hack hack.” The teen’s defense lawyer said the kid was a huge fan of… Read More »

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AR startup Ubiquity6 lands $27M Series B

San Francisco based AR startup Ubiquity6, that is building a platform for people to create and interact in shared AR spaces connected to the real world announced that it has closed a $27 million Series B led by Benchmark and Index Ventures. The startup has raised over $37 million to date with plenty of high-profile VC firms amongst… Read More »

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Top ten cybersecurity startups revealed

The biggest cybersecurity investment rounds have been reviewed for 2018 so far, and the top ten leading startups have been identified in this expanding technology sector. According to Channel Web, cybersecurity startups have raised $3 billion in the first half of this year. The first quarter saw $963 million raised, and quarter 2 has brought… Read More »

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Microsoft’s Airband Grant Fund invests in 8 start-ups delivering internet-connected solutions to rural communities around the globe

Internet access is as essential as electricity. It empowers entrepreneurs to start and grow small businesses, farmers to implement precision agriculture, doctors to improve community health and students to do better in school. Microsoft  announced eight early-stage startups from the  U.S., Africa and Asia selected its third annual Airband Grant Fund. According to Microsoft, these start-ups… Read More »

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