Tuesday’s tech startup news brought updates on several companies, including Frank, JPMorgan, Orbs, Makerverse, Sepura, and Virgin Orbit. These companies are making waves in their respective industries and are worth keeping an eye on.
Frank, a startup that provides a platform for small businesses to access affordable legal services, announced that it has raised $10 million in a Series A funding round. The funding will be used to expand the company’s services and reach more small businesses. Frank’s platform allows small businesses to access legal services at a fraction of the cost of traditional law firms, making it an attractive option for startups and entrepreneurs.
JPMorgan, one of the largest banks in the world, announced that it has launched a new digital bank called Chase Digital. The bank will offer a range of digital banking services, including checking and savings accounts, credit cards, and loans. JPMorgan is hoping to attract younger customers who prefer to do their banking online rather than in person.
Orbs, a blockchain infrastructure company, announced that it has partnered with ChainGuardian, a blockchain security company, to provide enhanced security for its platform. Orbs’ blockchain infrastructure is used by companies to build decentralized applications (dApps), and the partnership with ChainGuardian will help ensure the security of these applications.
Makerverse, a startup that provides a platform for makers and creators to sell their products online, announced that it has raised $4 million in a seed funding round. The funding will be used to expand the company’s platform and reach more makers and creators. Makerverse’s platform allows makers and creators to sell their products directly to consumers, bypassing traditional retail channels.
Sepura, a startup that provides a platform for managing emergency services communications, announced that it has raised $2.5 million in a seed funding round. The funding will be used to expand the company’s platform and reach more emergency services providers. Sepura’s platform allows emergency services providers to manage their communications more efficiently, improving response times and saving lives.
Virgin Orbit, a subsidiary of Virgin Galactic, announced that it has successfully launched its LauncherOne rocket into space for the first time. The rocket was launched from a modified Boeing 747 aircraft and successfully deployed 10 small satellites into orbit. Virgin Orbit is hoping to revolutionize the satellite launch industry by offering a more flexible and cost-effective alternative to traditional rocket launches.
In conclusion, Tuesday’s tech startup news brought updates on several companies that are making waves in their respective industries. From Frank’s affordable legal services for small businesses to Virgin Orbit’s successful rocket launch, these companies are worth keeping an eye on as they continue to innovate and disrupt their industries.
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