Island Co-founder and CEO Mike Fey told Reuters that the company currently has more than $530 million in cash.

Also will offer small, lightweight EVs to serve customers at various price points and across geographies, the company said.

Former Tesla finance chief Zach Kirkhorn led a recent funding round in Jolly, a startup that aims to help companies improve ...

While the firm is yet to mark the final close of SDS, it has already invested in companies such as Ivy Homes, Swara Fincare, ...

Nabhdrishti focuses on building sustainable, indigenous propulsion systems to reduce India’s reliance on imported aerospace ...

Neha Singh, Co-Founder of Tracxn, told MoneyControl that "India has become one of the largest ecosystems in terms of startup ...

Island's enterprise browsers are meant to act like commercial browsers but come with more security and oversight.

Island, an enterprise browser and cybersecurity startup, said on Wednesday its latest funding round valued it at $4.8 billion, marking a 60 percent jump in less than a year, underscoring the rush by ...

Notably, India is just behind the US and the UK in startup ecosystem ranking. However, in a notable shift, Delhi has ...

Nigeria has maintained its position as the foremost destination for startup funding in West Africa, securing 80 percent of the ...

The Dallas-based unicorn announced March 26 that the series E funding round brings its valuation to $4.8 billion, less than ...

Artificial Intelligence remains the dominant investment theme, with 8 of the 15 largest funding rounds going to AI-focused startups. Companies like Together AI ($305M), Harvey ($300M), and Abridge ...