Singapore-based Volopay raises $2.1 million seed round to build a “financial control center” for businesses – ITPro.works

Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 million in seed funding. The round was led by Tinder co-founder Justin Mateen, … Read More

Cryptocat author gets insanely fast backing to build P2P tech for social media – ITPro.works

The idea for Capsule started with a tweet about reinventing social media. A day later cryptography researcher, Nadim Kobeissi — best known for authoring the open source E2E encrypted desktop … Read More

Amazon’s newest product lets companies build their own Alexa assistant – ITPro.works

Amazon is selling access to the underlying technology stack of Alexa to let companies — starting with Fiat Chrysler Automobiles — build their own intelligent assistants with unique voices, skills … Read More

Foxconn, Geely team up to build electric, autonomous and shared vehicles for automakers – ITPro.works

The electric, autonomous vehicles of the future might be manufactured by Apple’s main supplier Foxconn and Chinese automaker Zhejiang Geely Holding Group. The two companies have agreed to form a … Read More

Zipmex, which aspires to build the Asia Pacific region’s largest digital assets exchange, raises $6 million led by Jump Capital – ITPro.works

Zipmex, a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. The startup, which plans to become a digital assets … Read More

Twitter acquires social podcasting app Breaker, team to help build Twitter Spaces – ITPro.works

Twitter has acquired social broadcasting app Breaker, the companies announced today via a combination of blog posts and tweets. The deal will see Breaker’s team joining Twitter to help “improve … Read More

BadVR is using government grants to build a business that’s independent of venture capital – ITPro.works

When the Los Angeles-based extended reality data visualization company, BadVR, first heard that one of its earliest benefactors, Magic Leap, was about to shed 1,000 jobs and was fighting for … Read More

Lydia raises another $86 million to build European financial super app – ITPro.works

French fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020 … Read More

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