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As of 2020, the clothing sector lost about $27 billion in annual sales due to counterfeits, an illicit trade that results in huge losses to both brands and buyers. Clothes, accessories and luxury goods are the most popular product items for counterfeiting, according to the 2022 intellectual property crime threat assessment report. But that’s not where […]
Ottonomy.IO raises $3.3 million to expand network of autonomous robots for deliveries 
Skyroot, the first private Indian company to design, build and test a solid rocket propulsion stage, has reached another key milestone in the development of its Vikram-I launch vehicle: a full-duration test of the rocket’s third stage. The third stage, dubbed Kalam-100 in homage to Indian rocket scientist and former President A.P.J. Abdul Kalam, is […]
ManageXR announced today it has raised a $4 million seed round led by Rally Ventures, with venture partner and previous lead angel investor Jay Borenstein joining the company’s board of directors. With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta […]
Hybrid Cloud Up Time (HYCU), a self-described “backup-as-a-service” company for customers managing hybrid and multicloud environments, today announced that it raised $53 million in a “majority equity” Series B round led by Acrew Capital with participation from Bain Capital Ventures, Atlassian Ventures and Cisco Investments. In an email interview with TechCrunch, CEO Simon Taylor said […]