Depository of News

Facebook revamps its business tool lineup following threats to its ad targeting business

Facebook today is announcing the launch of new products and features for business owners, following the threat to its ad targeting business driven by Apple’s new privacy features, which now allow mobile users to opt out of being tracked across their iO

Whatnot raises another $150M for its livestream shopping platform, evolves into a unicorn

Whatnot, a live streaming shopping platform for collectors to buy and sell things like rare Pokémon cards and Funko Pops, has closed a $150M Series C — its third round of fundraising in 2021 alone. This round pins Whatnot’s valuation at $1.5B, earnin

Confluent CEO Jay Kreps is coming to TC Sessions: SaaS for a fireside chat

As companies process ever-increasing amounts of data, moving it in real time is a huge challenge for organizations. Confluent is a streaming data platform built on top of the open source Apache Kafka project that’s been designed to process massive numbe

Tiger’s bullish robotic investments

On Tuesday, Tiger Global led not one but two big funding rounds, announcing its role in a $26 million Series A for Ambi and an additional $50 million for Locus Robotics. The firm has been so active in investing of late, that neither one of these companies cra

Tyk raises $35M for its open-source, open-ended approach to enterprise API management

APIs are the grease turning the gears and wheels for many organizations’ IT systems today, but as APIs grow in number and use, tracking how they work (or don’t work) together can become complex and potentially critical if something goes awry. Now

DoorDash launches alcohol delivery in U.S., Canada and Australia

Food delivery service DoorDash will now deliver alcohol — a move that will allow it to better compete with rivals who already offer alcohol delivery in markets where permitted, like Uber Eats, Grubhub, Shipt, Instacart, and others. Initially, DoorDash w

As offices come back, ATMO launches air monitoring device claiming to give COVID-risk score

Way back in 2015 we covered the launch of the Atmotube, a small, innovative, portable air quality monitor which went on to receive a number of awards, post its CES debut. Since rebranding as ATMO, the company, co-founded by Vera Kozyr, is now launching the At

CodeSignal secures $50M for its tech hiring platform

The company’s technical assessment technology is a “flight simulator for developers,” that gives candidates a score based on a simulated evaluation of their skills.

Avalanche raises $230 million from private sale of AVAX tokens

Avalanche, a relatively new blockchain with a focus on speed and low transactions costs, has completed a $230 million private sale of AVAX tokens to some well known crypto funds. Polychain and Three Arrows Capital are leading the investment. The Avalanche Fou

What could stop the startup boom?

Similar to how certain macroeconomic conditions have provided a long-term boost, a reversal of those conditions could do the opposite.

Open Mineral raises $33M Series C funding for its ‘eBay for commodities trading’ platform

Back in 2018 we covered how Open Mineral (OM), a startup aiming to leverage greater transparency in commodities trading, had raised $2.25 million. Well, they’ve come a long way and now the Zug, Switzerland-based, company has raised a $33 million Series C fu

Elodie Games obtains $32.5M round to make social co-op gaming better

During the darkest hours of the pandemic, millions upon millions of people turned to online gaming as a way to pass time in lockdown and connect with friends they couldn’t see in person. But a social, cooperative, fun and cross-platform gaming experienc

Ransomware: A market problem deserves a market solution

To fight ransomware attacks, appreciate the economics — the markets that enable ransomware — and change the market dynamics.

SOSV is building a New Jersey HAX facility for industrial, healthcare and climate startups

SOSV this morning announced work on a $50 million HAX facility in Newark, New Jersey focused on growing industrial, healthcare and climate startups. The five-year development plan utilizes $25 million from the New Jersey Economic Development Authority. The fa

FTC says health apps must notify consumers about data breaches — or face fines

The U.S. Federal Trade Commission (FTC) has warned apps and devices that collect personal health information must notify consumers if their data is breached or shared with third parties without their permission. In a 3-2 vote on Wednesday, the FTC agreed on

Google’s R&D division experiments with newsletters powered by Google Drive

Following entries into the newsletter market from tech companies like Facebook and Twitter, Google is now experimenting with newsletters, too. The company’s internal R&D division, Area 120, has a new project called Museletter, which allows anyone t

New Zealand startup HeartLab raises $2.45M to bring heart scanning software to the US

New Zealand-based medtech startup HeartLab has raised $2.45 million in seed funding that it says will help the company expand its AI-powered heart scanning and reporting platform to cardiologists in the United States by early next year. HeartLab provides an e

Concreit closes on $6M to allow more people to invest in the global private real estate market

Concreit, a company that wants to open real estate investing to a broader group of people, announced today that it has closed $6 million in a seed funding round led by Matrix Partners.  Hyphen Capital also participated in the round, in addition to individua

Alphabet’s Project Taara is beaming high-speed internet across the Congo River

The high speed wireless optical link technology Alphabet originally developed for its shuttered Loon balloon company is currently being used for another moonshot called Project Taara.

Byju’s acquires coding platform Tynker for $200 million in US expansion push

Byju’s said on Thursday it has acquired California-headquartered Tynker, a leading coding platform for K-12 students, the latest in a series of major purchases as the Indian edtech giant attempts to aggressively expand to international markets. The companie

Asian merchant commerce platform Pine Labs raises $100 million

Pine Labs said on Thursday it has raised an additional $100 million, just weeks after securing $600 million in a financing round, as the Asian merchant commerce platform begins to explore the public markets. The U.S.-based investment management company Invesc

The Org nabs $20M led by Tiger Global to expand its platform based on public organizational charts

LinkedIn normalized the idea of making people’s resume’s visible to anyone who wanted to look at them, and today a startup that’s hoping to do the same for companies and how they are organized and run is announcing some funding. The Org, whi

Gogoro will go public on Nasdaq after $2.35B SPAC deal

Gogoro is going public. The company, which is best known for its electric Smartscooters and swappable battery infrastructure, announced today it will list on Nasdaq through a merger with Poema Global, a SPAC affiliated with Princeville Capital. The deal sets

Volta Trucks raises €37 million to bring electric delivery trucks to the streets of London and Paris

Trucking tends to be associated with highways, but it’s not uncommon to find large delivery vehicles trundling down the tightly packed streets of the world’s most populated cities. According to EV startup Volta Trucks, that’s far from ideal: in London,

Liveblocks is an API that lets you add real-time collaboration to your product

Meet Liveblocks, a startup that has been working on a set of APIs so that it’s easier to build a collaborative product. Essentially, it lets you create multiplayer experiences on the web or in your app. The company started with a live presence state API. I

A16z in talks to back CoinSwitch Kuber in first India investment

A16z is inching closer to making its first investment in a startup in India, the world’s second largest internet market that has produced over two dozen unicorns this year. The Menlo Park-headquartered firm is in final stages of conversations to invest

Tanso nabs $1.9M pre-seed to help industrial manufacturers do sustainability reporting

The climate crisis is creating massive demand for data capture as industries grapple with how to decarbonize. Put simply, you can’t cut your carbon emissions if don’t know what they are in the first place. This need to gather data is a big opportu

African genomics startup 54gene raises $25M to expand precision medicine capabilities

Less than 3% of genetic material used in global pharmaceutical research is from Africa. The staggering gap is quite surprising because Africans and people of African descent are reported to be more genetically diverse than any other population. Since launchin

Skello raises $47.3 million for its employee scheduling tool

French startup Skello has raised a $47.3 million funding round (€40 million). The company has been working on a software-as-a-service tool that lets you manage the work schedule of your company. What makes it special is that Skello automatically takes into

Online events platform Delegate Connect gets $10M AUD led by AirTree

Delegate Connect is the latest virtual/hybrid events platform to land funding. The Melbourne-based startup announced today it has raised $10 million AUD (about $7.3 million USD) in seed funding led by AirTree Ventures, which wrote Delegate Connect the bigges

Gillmor Gang: Off the Wall

Most of us count the golden age of Michael Jackson’s career with the Quincy Jones produced global smashes of Thriller and Bad. Fueled by the stream of videos and multi-single releases (5 on Bad), the records dominated the charts, radio, and MTV. But th

Vietnam-based CoderSchool gets $2.6M pre-Series A to scale online course platform

CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, announced today $2.6 million in pre-Series A funding to scale up its online coding school platform. This round was led by Monk’s Hill Ventures, with participation from returning se

Inspiration4 crew, meet outer space: SpaceX’s first all-civilian mission launches to orbit

The first all-civilian crew in history has made it to space. The Inspiration4 crew took off from NASA’s Kennedy Space Center in Florida at 8:04 EST PM, commencing the first space mission in human history featuring zero trained astronauts. The reusable first

TikTok is hiding a viral challenge that has kids stealing their school’s soap dispensers

It’s back to school season and on TikTok, that means students are inexplicably stealing everything that isn’t bolted down. The latest TikTok trend to generally wreak social havoc sees students pulling off “devious licks” — small-scal

Daily Crunch: SpaceX set to launch 4 civilians into orbit for 3-day mission

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Goldman says $2.2B purchase of BNPL provider GreenSky will help expand Marcus

The acquisition is positioned to bolster the firm's consumer business and offer new products and new ways to attract consumers to its Marcus by Goldman Sachs brand of finance products.

The responsibilities of AI-first investors

How do investors ensure that the startups in which they invest responsibly apply AI?

Inside Reach Capital’s edtech-powered returns

Reach Capital, a San Francisco-based venture firm co-founded by Jennifer Carolan and Shauntel Garvey, focused exclusively on edtech for years before the sector ballooned with unicorns. The rare, female-led partnership closed its third fund in February, a $16

Tiger Global-led $100M investment makes Apna India’s fastest unicorn

A 22-month old startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs has become the youngest firm to join the coveted unicorn status in the world’s second largest internet market. Apna announced on Thursda
Contacts | Privacy Policy | Terms of Use
Twitter Facebook