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From Ben and Jerry, who were grade-school friends to Hewlett and Packard, who were college pals and even Starbucks that was created by a group of college besties, building a business with your bestie has been an idea that has always been around. And frankly speaking, we have all been there. We all have had […]

In Africa, chartering vessels and processing ocean freight can be challenging. The sector is largely inefficient and fragmented. Merchants also struggle to access finance to perform cross-border trade in the continent. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. The company today is announcing its $1.3 million seed round to […]

Data science platform Dataiku announced today it has raised a $400 million Series E, bringing its valuation to $4.6 billion. The round was led by Tiger Global, with participation from returning investors like ICONIQ Growth, CapitalG, FirstMark Capital, Battery Ventures, Snowflake Ventures and Dawn Capital. New investors included Insight Partners, Eurazeo, Lightrock and Olivier Pomel, […]

Yobota is a London-based next-gen core banking platform that has built a fast, flexible, cloud-native core banking platform, which allows clients to create and run innovative financial products. The company is in the headlines now as it has announced the appointment of Freddi Rose as its new Head of Marketing and Communications. At Yobota, Freddi […]

Cloudsoft is an Edinburgh-based company that specialises in applications, automation and the cloud. Now, it has collaborated with the UK government to bring an innovative AI-based COVID-19 test. The Scottish company will also play a crucial role in helping the UK government implement this test that can accurately detect the virus using voice data. AI […]

The ‘Cough-In-A-Box’ test has been shown to correctly identify 98.5% of positive cases, including 100% of asymptomatic cases

Kunal Lunawat Contributor Share on Twitter Kunal Lunawat is the co-founder and managing partner of Agya Ventures, a venture capital firm focused on proptech, travel, hospitality and the future of the built world. Though 2021 is far from over, it’s already witnessed a record level of venture capital activity in the technology sector. With larger […]

Gregg Adkin Contributor Share on Twitter Gregg Adkin is vice president and managing director at Dell Technologies Capital, the global venture capital investment arm of Dell Technologies. What’s the board’s role in an early-stage startup? Startup founders frequently ask me about the role of a board of directors. A board can be a crucial asset […]

Michael Kleinman Contributor Share on Twitter Michael Kleinman is the director of Amnesty International’s Silicon Valley Initiative. The future of technology is determined by a handful of venture capitalists. The world’s 10 leading venture capital firms have, together, invested over $150 billion in technology startups. The venture capitalists who run these firms decide which startups […]

Japanese startup ispace has raised $46 million in a fresh round of Series C funding as it looks to complete three lunar lander missions in three years. The funding will go toward the second and third of the planned missions, scheduled for 2023 and 2024. The first mission, which ispace aims to conduct in the […]

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: Should […]

Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced it has raised $200 million in a round that propels it to unicorn status. The Rise Fund, TPG’s global impact investing platform, led the round and was joined by SoftBank Vision Fund 2. […]

The global venture capital bet on neobanks is massive. London-based Starling Bank has raised more than $900 million, per Crunchbase. The same data source indicates that Chime has raised $1.5 billion. Monzo has raised nearly $650 million. And the list goes on: E-commerce-focused neobank Juni raised $21.5 million last month. Novo, an SMB-focused neobank, raised […]

Reserve Trust, a Denver-based financial services provider, has raised $30.5 million in a Series A round led by QED Investors. FinTech Collective, Ardent Venture Partners, Flywire CEO Mike Massaro and Quovo founder and CEO Lowell Putnam also participated in the financing, which included $17.9 million in secondary shares. It brings the startup’s total raised since […]

Fresh off a strategic partnership with Toyota Industries Corporation to build an autonomous forklift, Third Wave Automation has snagged another $40 million from investors. The California-based startup, which was founded in 2018, has raised $40 million in a Series B round led by Norwest Venture Partners, including participation from prior investors Innovation Endeavors and Eclipse, […]

Update: Trading of Robinhood shares has been halted due to volatility. The company’s stock paused at $65.60 on Robinhood itself. Yahoo Finance has a higher $77.03 price on the company’s equity, up a stunning 64.59% today. Things are fluid, but Robinhood may have been halted and then rose again when it resumed trading. Stonks indeed. […]

Zeni, a Palo Alto fintech company providing real-time financial services data to venture-backed startups, raised $34 million in Series B funding led by Elevation Capital. The new investment comes just five months after Zeni announced $13.5 million in a combined seed and Series A round. The company has now raised $47.5 million in total since […]

One year after raising $16 million, construction technology company Buildots is back to claim another $30 million, this time in Series B funding. Lightspeed Venture Partners led the round, with participation from previous investors TLV Partners, Future Energy Ventures, Tidhar Construction Group and Maor Investments. This gives the company $46 million in total funding, Roy […]

Spurred by convenience and the pandemic, the rise of e-commerce, mobile technology, and digital payments have integrated into everyone’s lives and businesses across the world, including the UK. UK generates 25% in Europe In data published by BuyShares, UK is the largest digital payment market in Europe, generating 25% of the region’s total digital transaction […]

London and Brussels-based investment firm Pario Ventures was founded in 2010 by Kevin Doyle and David Murray-Hundley, a partnership that dates back to the pre-dotcom era. In a recent development, the VC firm has closed a £3.5 million seed funding round. The firm plans to use the fund to establish and grow operations in London […]

Even with all the years of work that have been put into improving how screen-based interfaces work, our experiences with websites, mobile apps and any other interactive service you might use still often come up short: we can’t find what we want, we’re bombarded with exactly what we don’t need or the flow is just […]

The swelling of a blood vessel in the brain with the potential to leak or rupture, popularly known as brain aneurysm, can lead to serious medical emergencies, including stroke, brain damage and death if they burst. In the recent past, there have been several high-profile personalities, including US President Joe Biden, actress Emilia Clarke and […]

Amazon has become a lynchpin in the e-commerce machine over the years in part because it’s a site we consumers can visit to buy just about anything we want — sold either by Amazon or its 5 million+ third-party merchants — and easily get it delivered to our homes. But the system is not completely […]

South African insurtech platform Naked has raised $11 million in a Naspers-led round. Existing investors Yellowwoods and Hollard also participated in the funding round. This comes barely two weeks after Naspers, via its early-stage tech investment vehicle Naspers Foundry, invested in another South African insurtech platform, Ctrl, in its $2.3 million Series B round. Naked’s […]

More than one smartphone app startup has tried to convince you that by using their app you will miraculously stave off the ravages of age and flab. All I need to do is flip open my phone and reel off a few: Gyroscope, MyFitnessPal, Welltory, ActivityTracker, SleepCycle. The list goes on. You name it, there’s […]

Elroy Air has raised a $40 million Series A, including financing from Lockheed Martin’s venture capital arm, to ramp up the build, testing and validation of its inaugural autonomous cargo drone. The funding round saw participation from Marlinspike Capital and Prosperity7, as well as existing investors Catapult Ventures, DiamondStream Partners, Side X Side Management, Shield […]

Correlated on Wednesday announced it raised $8.3 million in seed funding to launch its product-led growth platform for sales teams. NextView Ventures led the round and was joined by Harrison Metal, Apollo Projects, Attentive co-founders Brian Long and Andrew Jones, Cockroach Labs co-founder Ben Darnell and Atrium’s Pete Kazanjy. The round includes funding raised last […]

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