LiDAR maker Hesai Photonics secures USD 300 million in Series D funding

Hesai Photonics Technology Co. Ltd., a leading Shanghai-based LiDAR company, has reportedly secured USD 300 million in a Series D funding round which was led by GL Ventures LLC, Xiaomi Corporation, Hillhouse Capital Group, Meituan, and CPE.....

Apple’s upcoming iPad Pro might come with wireless charging and MagSafe

The new iPad Pro model will have a glass back to accommodate wireless charging. Rumors have it that Apple is also exploring reverse wireless charging for iPads. According to reliable sources, Apple Inc. might include a wireless chargi....

Tesla terminates production of its Model S Plaid + variant indefinitely

CEO Elon Musk justified Model S Plaid as good enough against its successor. The Model S Plaid + was touted to be Tesla’s flagship vehicle, with a range of around 519 miles. After unveiling for the first time last year, American ....

Top organizations unite for Covid-19 vaccination drive in rural America

Reportedly, several organizations are joining forces to increase the usage of Covid-19 vaccines among people residing in rural areas across America. The first of its kind and allegedly the largest public vaccine education initiative in rur....

ByHeart concludes largest U.S. clinical trial for infant food product

ByHeart Inc., a New-York based infant, and baby nutrition company, has recently announced the completion of the largest clinical trial for new infant formula in the past 25 years. With this move, the company is earmarked to be the 4th FDA r....

Uber witnesses a decrease in wait times as drivers return to work

Ride costs increased by 40% in April amid driver shortage. Hourly driver earnings surged by 85% with some U.S. drivers earning more than USD 40 per hour. American ridesharing technology company Uber Technologies Inc. has recently annou....

Bee’ah, Chinook Sciences announce UAE’s first waste-to-hydrogen project

Bee'ah, a company that focuses on sustainability and clean energy solutions in the Middle East, is planning to launch the first waste-to-hydrogen project in UAE by collaborating with Chinook Sciences, the U.K.- waste-to-energy services ....

Delhivery bags USD 277 million in latest funding round led by Fidelity

India’s largest independent e-commerce logistics startup Delhivery has reportedly raised USD 277 million during its new funding round. As per reliable sources, the round was led by Fidelity, an investment firm headquartered in Boston.....

Biobeat introduces innovative blood pressure monitoring wearable

Israel-based wearable remote patient-monitoring solutions provider Biobeat has recently unveiled a new wearable and continuous ABPM (ambulatory blood pressure monitoring) chest-monitoring device. Knowledgeable sources cited that ABPM can s....

PharmEasy acquires Medlife to become India’s largest online pharmacy

API Holdings Private Limited-owned PharmEasy has reportedly acquired Medlife International for an undisclosed amount. The move allowed PharmEasy to emerge as the largest player in the Indian online pharmacy sector with the combined entity l....