Israeli automotive cybersecurity startup Upstream Security has closed a $62 million investment led by Japan’s Mitsui Sumitomo Insurance (MSI) as part of its Series C funding round, the company announced on Tuesday.This new infusion of capital from MSI comes three months after the MS&AD Insurance Group Holdings Inc. subsidiary led a $36 million round in the Israeli firm.MSI was joined by ne...

Even the smallest company needs to have a social media presence nowadays. It’s one of the best ways to make sure you’re consistently at the forefront of people’s minds, and, when used correctly, can give your brand a consistent and relatable voice.But social media's greatest strength can also be its greatest weakness – if every company uses it to be seen, then it’s very possible to blend i...

Existing systems are already able to determine if the driver is getting tired, but the Fraunhofer system can actually tell what they're up to – such as if they're talking on their smartphone.Although self-driving cars definitely are coming, the first ones will likely still need to periodically have the driver take manual control of the vehicle. A new system could check if the driver is current...

Digital banking in APAC is taking off, and the battle for digital consumers is joined. Of some 250 digital banks worldwide, 20% are in APAC. They operate across the region, and many are growing fast. They have wealthy parents, too: corporate backers and joint venture partners include incumbent local banks, global banks, technology and telecommunications companies, and e-commerce ventures, among...

Even before COVID-19, VC funds were betting on the personal luxury goods market. But its resilience post-pandemic is making it even more appealing. Sequoia China established a “Fashion x Technology” equity investment fund.Chinese venture capital firms have expanded their portfolios by pursuing investments in fashion and luxury startups.In the near future, venture capitalists will continue to...

Over sixty-percent of American Adults take prescription medications, and nearly all of them receive their medication in that iconic orange bottle. In a post Medicare-D landscape, the small orange bottles have become a regular sight in most households. However these ubiquitous containers do not serve their users well, and the unimaginative design of their labels and the bottle itself creates a h...

A new McKinsey survey shows that Chinese consumers have drastically changed their vehicle preferences and car-buying habits in the wake of COVID-19. How can OEMs adjust?The Chinese auto market has been rapidly evolving over the past decade, and the COVID-19 pandemic introduced even greater changes. Sales plunged precipitously at the beginning of 2020, but the latter half of the year saw a stron...

Designed to upgrade the wheelchair into a makeshift electric trike, the UNAwheel clamps onto the front of a traditional wheelchair, allowing the occupant to ride around like a kart. The purpose of the design is to “help overcome some of the main mobility challenges faced by people with disabilities”, say the designers. It comes with an adjustable handlebar and a replaceable rechargeable batte...

Reconfigurable, multicore quantum computers are goal of new IonQ chip built on "evaporated glass" and chains of ions. IonQ's new glass chip can hold 64 ions in four groups for a total of 32 usable qubits.Maryland-based IonQ has unveiled a new kind of chip in its quest to scale up its type of quantum computer technology. Its computers calculate using the quantum states of ions electromagneticall...