Startups

Cloud Security Firm Mitiga Raises $45M in Series A Funding Round

The pandemic has brought about an unprecedented surge in cloud adoption as companies scrambled to digitally transform to stay afloat. A survey by O’Reilly revealed that 90% of organizations are now using cloud computing, up from 88% in 2020. This rapid adoption of the cloud has led to an increase in cloud-related security issues. In …

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Y Combinator announces major shift in investment focus, lays off 17 team members

San Francisco-based startup accelerator, Y Combinator, has announced a major shift in its investment strategy that will see it reduce its late-stage investments. The company will now focus on supporting newer startups instead. In a statement released on Monday, Y Combinator CEO Garry Tan said that the change was necessary to stay true to the …

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Green Li-ion raises $20 million to disrupt the energy storage industry

Green Li-ion is a company that specializes in recycling lithium-ion batteries, which are complex and expensive to recycle and often end up in landfills. The company is based in various locations, such as the US, Europe, Australia, and Singapore. Their process involves completely processing used lithium batteries and recycling all metals to manufacture battery-grade cathode …

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