India’s Uolo raises $22.5M to bring edtech to the masses

Uolo, an Indian edtech platform that works with private K-12 schools to offer online learning programs to middle and low-income families, has raised $22.5 million in a funding round led by UAE-headquartered VC fund Winter Capital. The vast majority of edtech startups operate in a business-to-consumer model and spend on ads to reach the parents … Read more

Porsche, World Fund join $63M bet on batteries for electric planes

To help electric planes take off, German battery company Customcells says it landed about $63 million (€60 million) in Series A funding from Porsche and several climate-tech investors. World Fund, a one-year-old venture firm that backs European climate startups, led the deal. Abacon Capital and Vsquared Ventures also chipped in. Customcells develops and recycles high-performance … Read more

Tesla appears to be turning back to radar for its vehicles

Tesla plans to add a new radar product to its vehicles in mid-January, according to documents posted with the Federal Communications Commission. The disclosure, which was first reported by Electrek, comes as the company faces scrutiny over the safety and capabilities of its standard advanced driver assistance system known as Autopilot and the $15,000 optional … Read more