Technology Equipment

Magic Leap closes first funding round with $50M

Magic Leap Inc, a company that VentureBeat reported as being into "some hardcore science-fiction type stuff" has secured $50 million to successfully close its first funding round.


Learning Shelter raising $60K to teach hardware skills to the homeless in San Francisco

Learning Shelter, a program founded by a former homeless man who now has his own laser-cutting business, launched a crowdfunding campaign on Indiegogo to raise $60,000 to teach hardware skills to homeless people in San Francisco and help them find jobs.

Austin incubator Capital Factory partners with Silverton and Floodgate to back tech startups

Austin, Texas-based incubator Capital Factory struck a partnership with venture firms Silverton Partners and Floodgate to support tech startups in Austin and trigger and investing "snowball effect."

Google releases new Chromecast SDK for streaming media

Tech and Internet giant Google released a new software development kit (SDK) that allows developers to build their own apps for the Chromecast streaming media dongle.


Latest News

South Korea-based Android manufacturer LG has launched G Flex, a new phablet which has a curved display and self-heals or minimizes scratches on the surface.
California, US-based tech firm Tango launched a crowdfunding project on Indiegogo for its new portable computer, which is just the size of a smartphone and the capacity of a full quad-core Windows PC.
According to analysts interviewed by Bloomberg, Hewlett-Packard Co. (HPQ) and Seiko Epson Corp may want to consider acquiring growing 3D printer company Stratasys as oppose to building their own printers if the former wants to tap the growing 3D printing market real soon.
Sunnyvale, US-based GPS app maker Telenav acquired Berlin, Germany-based navigation startup Skobbler in a deal valued at approximately $24 million in a combination of cash and common stock.
Independent non-profit economic development organization Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) invested $2 million in 11 early-stage companies from the technology and life science sectors.
Bangalore, India-based startup Lumos Design Technology made unbreakable waterproof bags with a built-in battery than can charge mobile gadgets with the use of solar power.
Seoul, South Korea-based startup investor Samsung Ventures invested an undisclosed amount in Michigan, US-based nanotech firm XG Sciences to co-develop more advanced batteries for consumer electronics.
Inq Mobile, the London-based company which is among the first to make a Facebook phone, announced via its website that it has shutdown, but the company has not elaborated on the exact reason.
Washington University associate professor of engineering Robert Morley sued Square co-founders Jim McKelvey and Jack Dorsey for fraud and patent infringement, claiming he was wrongly left off a patent for the attachable credit card reader device.
CrunchFund, the San Francisco, US-based venture capital firm co-founded by Michael Arrington, is raising $40 million for its second early-stage investment fund, according to a regulatory filing.
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