December 2023 - Page 18

Key Points: Chipotle has invested $50 million in Greenfield Robotics, an agricultural startup based in Cheney, Kansas. Greenfield Robotics manufactures robots that weed fields without the use of chemicals, helping to promote

Ivorian healthtech startup, Susu, has raised $4.9 million in funding to expand into new markets. The startup, founded in 2019, provides innovative solutions at the intersection of health, finance, and insurance. It

Nikola Founder Trevor Milton has been sentenced to four years in prison for exaggerating claims about the company’s production of zero-emission 18-wheel trucks. The judge also ordered Milton to pay a $1

Founder of hydrogen-electric truck startup Nikola, Trevor Milton, has been sentenced to four years in prison for defrauding investors by lying about various aspects of his business. Milton was found guilty last

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Google’s Frances Perry and Margaret Lawrence Rosas have joined Seattle startup MotherDuck as new leaders. Pallavi Sinha from software development firm Mason, joins Humanly as Vice President of Growth. Boeing announces Chris

Trevor Milton, founder of electric vehicle startup Nikola, has been sentenced to four years in prison for fraud. The sentencing follows his guilty verdict in 2020, after allegations of false and misleading

Key Points: Design software firm Figma’s business quickly grew, positioning it for an initial public offering possibly in 2025 or later even after its failure to secure a $20 billion merger with

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Adobe has cancelled a planned $20 billion purchase of Figma, a cloud-based collaboration software for graphic designers, due to regulatory pressure from antitrust regulatory bodies in the UK and EU. The deal