Neowin News Feed for: Funding Neowin News Feed for: Funding en-us Neowin Ignition News (Managing Editor) (Neowin Developers) 5 Epic Games raises $1 billion in the latest round of funding <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>American video game company Epic Games has announced that it has raised $1 billion during the latest round of funding. The funding was led by Sony Corporation that invested $200 Million in Epic Games. <a href="">Read more...</a> (Anmol Mehrotra) Wed, 14 Apr 2021 06:58:01 +0000 HMD Global closes funding round with $230 million <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>HMD Global has announced that it has closed its latest round of funding after raising $230 million. With the capital, it plans to grow in new markets and become a &quot;holistic mobile service provider&quot;. <a href="">Read more...</a> (Paul Hill) Tue, 11 Aug 2020 15:56:01 +0000 UK funds innovative projects that utilise 5G technology <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>The UK government has announced £30 million in funding to help innovative projects that utilise 5G technologies. A second round of funding for projects has been mentioned with details due in Q3 2020. <a href="">Read more...</a> (Paul Hill) Thu, 30 Jul 2020 16:30:02 +0000 UK: £20 million fund for tech to build country's virus resilience <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>The UK government has announced £20 million in funding for technology that will help make the country more resilient against outbreaks of diseases such as COVID-19. Each project can get up to £50,000. <a href="">Read more...</a> (Paul Hill) Fri, 03 Apr 2020 15:14:01 +0000 SpaceX rival, OneWeb, files for bankruptcy due to COVID-19 <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>OneWeb has announced that it&#039;s filing for bankruptcy. The firm was responsible for launching several internet-providing satellites but the economic situation caused by COVID-19 caused it to fail. <a href="">Read more...</a> (Paul Hill) Sat, 28 Mar 2020 09:46:02 +0000 Tesla is the first publicly listed U.S. car maker to reach $100 billion in extended trading <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Less than a month after the company&#039;s stock crossed the infamous value of $420, Tesla has now become the first publicly listed U.S. car manufacturer to reach $100 billion in extended trading. <a href="">Read more...</a> (Ather Fawaz) Wed, 22 Jan 2020 04:18:01 +0000 Grammarly raises $90M in latest financing round <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Grammarly, the company which created the popular AI-powered writing assistance tool, has reached a new milestone. In the latest funding round, the company managed to raise $90M in investments. <a href="">Read more...</a> (Namerah Saud Fatmi) Thu, 10 Oct 2019 13:00:01 +0000 Huawei's research firm, Futurewei, has sandboxed itself from parent company <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Huawei&#039;s research and development arm, Futurewei, has sandboxed itself from Huawei in a bid to mitigate the damaging effects of the U.S. government&#039;s actions against the Chinese phone maker. <a href="">Read more...</a> (Paul Hill) Tue, 25 Jun 2019 03:06:01 +0000 Reddit raises $300 million in funding round, reaches $3 billion valuation <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Reddit has announced a new funding round that granted the company $300 million, half of which come from China&#039;s Tencent. Reddit is now worth $3 billion, a major jump from $1.8 billion in 2017. <a href="">Read more...</a> (João Carrasqueira) Mon, 11 Feb 2019 19:00:01 +0000 Light to push camera tech to smartphones with $121M from SoftBank-led round <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Light says the investment will allow the company to introduce its camera tech to other applications beyond smartphones such as security, robotics, automotive, aerial imaging, and more. <a href="">Read more...</a> (Jay Bonggolto) Wed, 18 Jul 2018 14:36:01 +0000 raises $50M in new funding round, unveils fresh collaboration tools <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>The team management startup said the new funding will be used for its efforts to develop more product integrations and expand its global footprint. has offices in Tel Aviv and New York. <a href="">Read more...</a> (Jay Bonggolto) Wed, 11 Jul 2018 12:22:01 +0000 Moxie Marlinspike announces the Signal Foundation <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Moxie Marlinspike, the lead developer behind Signal, has announced the formation of the Signal Foundation, which has started off life with $50 million in funding to grow the project. <a href="">Read more...</a> (Paul Hill) Thu, 22 Feb 2018 16:14:22 +0000 The UK remains Europe's tech hotspot as VC deals rise despite Brexit vote <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>After the Brexit vote, many predicted that Venture Capital would dry up, with the UK leaving the single market. It seems like these predictions were wrong, with a rise in technology funding. <a href="">Read more...</a> (Dreyer Smit) Wed, 05 Jul 2017 09:08:01 +0000 With less than a day to go, the Cerulean Moment Windows 10 Mobile is still only 2% funded <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>With less than 24 hours to go until WhartonBrooks&#039; campaign for its Cerulean Moment Windows 10 Mobile handset ends, the company has only achieved 2% of its fixed $1.1 million funding goal. <a href="">Read more...</a> (Usama Jawad) Mon, 15 May 2017 08:04:01 +0000 Eve 'Surface Killer' Windows 10 device launches on Indiegogo, beats funding goal in an hour <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Finnish company Eve has finally launched its &#039;Eve V&#039; Windows 10 hybrid device on Indiegogo. The campaign has already beaten its $75,000 funding goal less than an hour after going live. <a href="">Read more...</a> (Usama Jawad) Mon, 21 Nov 2016 15:00:10 +0000 Unique Windows 10 Mobile handset NuAns Neo fails Kickstarter funding goal <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Japanese company NuAns has failed to achieve its Kickstarter goal of $725,000 for its NuAns Neo Windows 10 Mobile handset, managing to amass only $142,368 from 489 backers in 45 days. <a href="">Read more...</a> (Usama Jawad) Tue, 09 Aug 2016 07:25:28 +0000 Jolla secures financing to emerge from "latest death valley"; Sailfish OS lives on <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Things looked bleak for Jolla last month, but the company has managed to secure new funding. However, it says it now plans to reduce costs by focusing its efforts on &#039;core development&#039; of Sailfish OS. <a href="">Read more...</a> (Andy Weir) Fri, 18 Dec 2015 14:03:20 +0000 Microsoft is reportedly investing in Uber at $50bn valuation <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Microsoft is said to have agreed &#039;to contribute a substantial amount&#039; of the $1 billion raised in a recent funding round for Uber, which values the global ride-hailing service at over $50 billion. <a href="">Read more...</a> (Andy Weir) Fri, 31 Jul 2015 22:56:01 +0000 Zap&Go graphene supercapacitor charger near campaign end <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Zap&amp;Go, the first commercial graphene supercapacitor charger offering five minute charging and portability, will soon wrap up its successful Indiegogo campaign. <a href="">Read more...</a> (Boyd Chan) Sat, 13 Dec 2014 01:32:01 +0000 Kickstarter: Play Game Boy classic games directly on your TV in full HD <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>An exciting Kickstarter project is currently seeking $65,000 as its funding goal. What does it do? It will allow you to play original Game Boy Classic games directly on your TV in full HD. <a href="">Read more...</a> (Usama Jawad) Tue, 02 Dec 2014 15:40:01 +0000 Jolla adds stretch goals for its Tablet requesting MicroSDHC, Split screen and 3.5G support <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>In just a few hours Jolla managed to blast past its $380k goal to bring a tablet to the masses that will seriously undercut the big players in the same market, now they want to add more features. <a href="">Read more...</a> (Steven Parker) Fri, 28 Nov 2014 09:42:01 +0000 Nokia looks to smart-cars for its future; invests $100 milion in start-ups <div style="float:left;margin-right:10px;"><img src="/images/news/logos/530577520Nokia.jpg" alt="" /></div>Nokia has stopped making smartphones but it still wants to be an important player in the tech sector. It&#039;s now investing $100 million in start-ups related to smart-car technologies. <a href="">Read more...</a> (Vlad Dudau) Mon, 05 May 2014 08:36:05 +0000 WordPress begins to accept Bitcoins as a currency <div style="float:left;margin-right:10px;"><img src="/images/news/logos/194426958Bitcoin-Tag.jpg" alt="" /></div>WordPress has added functionality today, allowing bloggers across the world to pay using the digital Bitcoin currency while side-stepping issues such as PayPal being unavailable or limited. <a href="">Read more...</a> (Paul Ferson) Fri, 16 Nov 2012 18:50:38 +0000 GitHub gains $100 million in funding <div style="float:left;margin-right:10px;"><img src="/images/news/logos/774155512Code.png" alt="" /></div>GitHub has made the decision to switch to outside funding, gaining a cool hundred million dollars from investors to get it started on its new path. <a href="">Read more...</a> (Paul Ferson) Tue, 10 Jul 2012 03:48:40 +0000 Microsoft invests in Pirate Pay, wants to stop BitTorrent traffic <div style="float:left;margin-right:10px;"><img src="/images/uploaded/killing-music-3_thumb.jpg" alt="" /></div>Microsoft has invested in a Russian company that hopes to disrupt your next BitTorrent download. The service attempts to flood the connections and has already been used to stop movie downloads. <a href="">Read more...</a> (Brad Sams) Mon, 14 May 2012 15:01:49 +0000 Dropbox passes 45m users and receives $257.2m in funding <div style="float:left;margin-right:10px;"><img src="/images/news/logos/181459850np.jpg" alt="" /></div>The file-upload service Dropbox has confirmed that it has passed two milestones, with more than 45,000,000 users of the service, and a massive $250,000,000 bonus in funding. <a href="">Read more...</a> (Paul Ferson) Tue, 18 Oct 2011 16:05:29 +0000 Obama Administration funds effort to build better batteries <div style="float:left;margin-right:10px;"><img src="/images/news/logos/1282963733Flag of United States.png" alt="" /></div>Wednesday, President Barack Obama outlined a plan for the United States government to fund 48 different battery related projects. The government is mostly looking for more energy efficient batteries for electric and hybrid vehicles. The... <a href="">Read more...</a> () Thu, 06 Aug 2009 04:43:29 +0000 EU Searches for Galileo Funding Source <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>The European Union will decide this week where the €2.4bn shortfall in funding for the Galileo GPS satellite system will come from. A meeting on September 19th is expected to suggest that the cost is... <a href="">Read more...</a> () Mon, 17 Sep 2007 22:33:39 +0000 Scrybe Gets Venture Funding from Adobe, LMKR <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Scrybe, the online/offline calendar and organizer, has closed their series A round of financing from Adobe Systems Incorporated and LMKR. You'll probably recognize the company from the somewhat viral product demo that swept the blogosphere... <a href="">Read more...</a> () Wed, 08 Aug 2007 14:04:16 +0000 Joost Raises $45 Million in Funding <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Internet-based TV service Joost said it has raised $45 million from five investors: CBS Corporation, Viacom Incoporated, Sequoia Capital, Index Ventures (a European venture capital firm) and Li Ka-shing (chairman of Hutchison Whampoa Limited and... <a href="">Read more...</a> () Thu, 10 May 2007 22:39:40 +0000 Sony Funding 40 Download Titles for PS3 <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Sony are funding around 40 titles for the PS3, which will be distributed via it's e-Distribution Initiative (EDI), the Playstation's equivalent to Xbox Live arcade. Speaking to Phil Harrison said &quot;a call to action... <a href="">Read more...</a> (Joe Cashman) Thu, 02 Nov 2006 01:07:54 +0000 Napster founder basks in funding, label support <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>With $10 million in venture funding and the backing of at least one major record label, Napster founder Shawn Fanning will officially unveil his new peer-to-peer music company on Monday. As previously... <a href="">Read more...</a> () Fri, 03 Dec 2004 17:45:15 +0000 Infinium Labs seeking more funding to launch Phantom <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>A new regulatory filing from Florida-based firm Infinium Labs has revealed that the company needs to find fresh funding of around $11.5 million if it is to launch its Phantom game service next year as... <a href="">Read more...</a> () Wed, 24 Nov 2004 17:27:23 +0000 Firefox smashes funding target <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Firefox advocates' call for donations to pay for an advertisement in The New York Times has more than reached its target, only three days into the campaign. The campaign, run by Spread... <a href="">Read more...</a> () Fri, 22 Oct 2004 20:10:19 +0000 Oracle Adds More Funding For PeopleSoft Push <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Oracle has raised another $1.5 billion to fund its $7.5 billion hostile takeover bid for PeopleSoft. In a filing with the Securities and Exchange Commission, Oracle said it has negotiated the $1.5 billion... <a href="">Read more...</a> () Wed, 31 Dec 2003 02:19:00 +0000 DARPA pulls OpenBSD funding <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>The unused portion of a grant from the Defense Advanced Research Projects Agency to fund development of the open-source operating system OpenBSD has been pulled for unspecified reasons. The project's leader, Theo... <a href="">Read more...</a> () Fri, 18 Apr 2003 01:36:01 +0000 Linux Start-up Secures $10 mil in funding <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Sistina Software, a start-up with software to help numerous Linux servers collectively share a single set of data, has obtained $10 million in venture funding, the company said Monday. The Minneapolis-based company's... <a href="">Read more...</a> () Tue, 11 Feb 2003 08:37:25 +0000 Bush Ramps Up Cybersecurity Research Funding <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>President Bush signed into law a measure that will almost quadruple federal spending by 2007 on computer security research, reflecting the heightened interest Washington has taken in the issue over the past year. ... <a href="">Read more...</a> () Thu, 28 Nov 2002 09:14:15 +0000 Dialpad files for bankruptcy, gets new funding <div style="float:left;margin-right:10px;"><img src="" alt="" /></div>Dialpad Communications Inc., a provider of voice over IP (VoIP) services, filed for Chapter 11 bankruptcy protection Friday but said it has received new funding from one of its original investors to finance its reorganization.... <a href="">Read more...</a> () Tue, 25 Dec 2001 12:23:00 +0000