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Engageli lands $33m for online teaching platform
Engageli is the latest edtech firm to land a big investment in the wake of COVID-19. Companies who offer innovative, remote tools for learning have attracted VCs over the past 18 months. Engageli hosts a video-based teaching platform and other tools, used mainly by higher education institutions. It has raised $33m from a Series A funding round, co-led by Maveron and Corner Ventures.
National Health Service app to be used as vaccine passport
The UK’s National Health Service (NHS) can be used as a vaccine passport by those who have received both doses of the vaccination. From May 17, the NHS app will show a person’s vaccine status, which is enabled by a GP. Paper versions of the passport will also be available to those without access to smartphones. The app is separate to the NHS’s COVID-19 contact-tracing app.
Toyota teams up with ENEOS on Woven City
Toyota has partnered with Japanese petroleum company ENEOS to develop a hydrogen fuel system for its 175-acre Woven City. Toyota hopes the prototype Woven will be the world’s first programmable city, with people, vehicles, transport and buildings connected through sensors. Based at the foot of Mount Fuji, it will be powered by hydrogen. ENEOS will develop a fully carbon-free supply chain.
Exeger secures $38m to fund solar cell tech
A company which has developed solar cell technology to turn any form of light into energy has raised $28m in new funding. Exeger's Powerfoyle tech could lead to self-powered gadgets and other groundbreaking use cases. The money has been secured through debt financing and a share issue, and will be spent by Exeger on a second factory in Sweden and the wider commercialisation of its product.
Google ramps up efforts to support India against COVID-19
Google is boosting its services in India to support the country in its battle against COVID-19. India is currently reporting over 350,000 infections every day. Google has applied updates to its Search, Maps, YouTube and Google Pay services to better display information in real time. It will show vaccine information and is working on tech to display the availability of hospital beds and oxygen.
StuDocu raises $50m for note-sharing network
StuDocu has raised $50m for its note-sharing network for students. The Dutch startup acts as a portal for students to access student-created class notes, summaries and study guides. It has gained 15 million users since being founded by four students in Amsterdam in 2013, working with 2,000 universities in 60 countries. The Series B round was led by Partech. It will use the cash to further expand.
Google commits $5m to fight financial fraud in the UK
Google has become the first big tech firm to join Stop Scams UK. The programme aims to protect individuals from financial fraud. Google has pledged $5m in advertising credits to support public awareness campaigns. Other members of Stop Scams UK include Lloyds, Barclays, NatWest Group and Vodafone. "We also understand the importance of ensuring people are informed," said Google's UK MD.
Bio research facilitate hit by cyberattack
An unnamed European biomedical research institute involved in COVID-19 related research has been hit by Ryuk, one of the better-known forms of ransomware. This cyberattack has been targeting hospital and healthcare providers over the last year. The hack happened after a university student downloaded a cracked software. The attack costs the institute a week’s worth of vital research data.
Therapy platform ifeel raises $6.6m
A Spanish online therapy company has landed $6.6m in new funding. Madrid-based ifeel offers self-care tools and live therapy, and pitches to businesses that are keen to offer mental health support to employees. It has amassed 400,000 users on the its platform and works with the likes of AXA Partners, Glovo and Gympass. The company's Series A round was led by Nauta Capital.
Online speech therapy startup Expressable launches with $5m
Expressable is a telehealth startup that connects patients to speech-language pathologists via telehealth services and asynchronous support. The company has just launched its service, supported by a new $4.5 million seed round. Currently, over 40 million Americans - 5 of which are children - suffer from speech pathologies, and COVID-19 has greatly limited their access to therapy.
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