Commercetools raises $140M at a $1.9B valuation as ‘headless’ commerce continues to boom

E-commerce these days is now a major part of every retailer’s strategy, so technology builders and platforms that are helping them compete better on digital screens are seeing a huge boost in business. In the latest turn, Commercetools — a provider of e-commerce APIs that larger retailers can use to build customized payment, check-out, social […]

Billogram, provider of a payments platform specifically for recurring billing, raises $45M

Payments made a huge shift to digital platforms during the Covid-19 pandemic — purchasing moved online for many consumers and businesses; and a large proportion of those continuing to buy and sell in-person went cash-free. Today a startup that has been focusing on one specific aspect of payments — recurring billing — is announcing a […]

Intel’s Mobileye, rental giant Sixt to launch a robotaxi service in Germany next year

Intel subsidiary Mobileye and rental car giant Sixt SE plan to launch a robotaxi service in Munich next year, the CEOs of the two companies announced Tuesday during the IAA Mobility show in Germany. The robotaxi service is leveraging all of Intel’s, and more specifically Mobileye’s, assets that have been in development or purchased in […]