Leading European e-scooter company Dott today officially announced their interest in entering the Galway market, following confirmation from Minister Eamon Ryan that e-scooters will be regulated for use on Irish roads.
The ed-tech firm, however, did not disclose the financial details of the deal. Earlier in 2020, Vedantu had invested $2 million as part of a pre-series A round funding in Instasolv. Last year we took a strategic decision to invest in Instasolv to strengthen our play in doubt-solving, which is one of the key aspects of learning online. We have seen tremendous potential in Instasolv and share the same mission to democratise education in the country, Vedantu CEO and co-founder Vamsi Krishna said in the statement. This is Vedantu s first acquisition in an education technology company to strengthen its focus in the instant doubt-solving space, where doubts are solved by quality teachers in a chat format.
Newly-formed consumer technology company Nothing, a brainchild of OnePlus co-founder Carl Pei, on Tuesday announced it has raised $15 million in a Series A round led by GV (formerly Google Ventures), a venture capital investment arm of Alphabet which is the parent company of Google. With new funds, the company aims to expand its operations in Europe with headquarters in London and release its first smart devices in the coming months, it said in a statement. We are grateful to have a venture capital firm of this calibre help in building Nothing together with us, said Pei, CEO and co-founder of Nothing.