FinTech50: Blockchain and Bitcoin Businesses “Reaching a New Level”

FinTechCity, a company based out of Europe that focuses on highlighting top European companies in the FinTech space has released their annual list of the FinTech50 2016. In addition to this industry-best list, FinTechCity puts on events, forums and webinars hosted and sponsored by some of Europe’s biggest FinTech experts. This year’s FinTech50 list includes nine blockchain and Bitcoin related companies, which holds significance as in late 2015, heading into early 2016, ... read more


Elon Musk Electrifies the Automotive Industry

On the evening of 31st March 2016, via a video stream direct from the company’s California design studio, CEO of Tesla, Elon Musk, announced the Tesla Model 3 to the world. Within 24 hours of the unveiling 180,000 orders had been received and within 3 days over 276,000 people had placed their orders for the Tesla Model 3 Electric Vehicle. This represents pre-orders with a value of $11.6B to Tesla. ... read more


Global M&A Review Jan 2016

Microsoft was the biggest acquirer with 19 deals in 2015. Microsoft and IBM each ramped up their acquisition machines to kick start growth. Interestingly, although most indicators of Volume and Value are pointing upwards, the activity of the largest US Technology companies is more complicated than that. Google and Yahoo each acquired over 50 companies in 2013-14 and understandably faced indigestion in 2015. Read our full Technology M&A Review here.    read more


World’s largest 2nd-use battery storage unit set to connect to the grid

Cooperation between Daimler, The Mobility House, GETEC and REMONDIS completes the battery value creation cycle Re-use of electric vehicle batteries improves environmental performance and the lifecycle costs of e-mobility 13-megawatt battery storage unit to connect to the grid in early 2016 Levelling out fluctuations in the power grid as an active contribution towards the energy revolution Lünen/Stuttgart, 3 November 2015 – The world's largest 2nd-use battery storage unit will soon ... read more


Everything a start up needs to know – product, fit, market

Marc Andreessen This post is all about the only thing that matters for a new startup. But first, some theory: If you look at a broad cross-section of startups — say, 30 or 40 or more; enough to screen out the pure flukes and look for patterns — two obvious facts will jump out at you. First obvious fact: there is an incredibly wide divergence of success — some of ... read more


Mangrove invests $250 million in India’s e-commerce, internet and telecom startups

(The venture capital fund…) NEW DELHI: Mangrove Capital Partners has come knocking with a $200-250 million corpus to invest in India's e-commerce, internet and telecom startups, a partner Michael Jackson at the Luxembourg-based venture capital fund said. "India is going to be a fantastic market for us because there will be millions of people getting on the internet. Second, only local technology and local solutions can resolve local problems," Michael Jackson told ET. The venture capital fund ... read more


Silicon Valley is in a bubble and it is about to burst

Silicon Valley is in a bubble and it is about to burst, one of the technology industry’s shrewdest investors has warned. A considerable number of “unicorns” — young, private technology companies worth $1 billion or more — are doomed to fail in the coming months, Sir Michael Moritz, the chairman of Sequoia Capital, told The Times. “Several years ago the atmosphere wasn’t as euphoric as it is today. Even the zaniest ... read more


CEOs share their top tips on Fundraising

Two CEOs and a VC share their experience of the fundraising process including their secrets for a good VC meetings, frustrations during the process and top tips. ICON: What was the most daunting aspect of the fundraising process? Carl: The climate we’re in. We knew it was going to be tough, but funds were extremely tight and VCs were definitely more selective than they have been in the past. They ... read more