Land Moto accelerates its electric bike battery play with $3M infusion

Cleveland-based electric motorcycle startup Land Moto is looking to diversify by powering up the battery design side of its tech, and has raised $3 million (on top of $7 million raised last summer) to do so in 2024. Land’s primary product is a striking electric motorbike called the District,

Ask Sophie: What visas could work to come to Silicon Valley for customer discovery?

Sophie Alcorn, attorney, author and founder of Alcorn Immigration Law in Silicon Valley, California, is an award-winning Certified Specialist Attorney in Immigration and Nationality Law by the State Bar Board of Legal Specialization. Sophie is passionate about transcending borders, expanding opport

Pomelo stacks $40M to scale its payments infra business in LatAm

Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding. The Buenos Aires-based company started in 2021 with the goal of giving fintechs and embedded finance players a way to launch virtual accounts and issue prepaid and credit cards via compliant o

A startup pitch is not a presentation and founders must understand the differences

Contrary to popular belief, a pitch is not a presentation. A presentation is a clearly defined event allotted a fixed amount of time. The audience sits back, expecting the presentation to start at a particular time and end at a specific time. The audience typically does not expect that it needs to

Tandem gives 'modern couples' app to manage finances together and separately

Commingling finances can be a scary endeavor for people who have decided to share their lives with each other. With people marrying later in life, this often means moving in with someone before any nuptials take place — if they ever do. This was the dilemma Michelle Winterfield experienced when s

Top Tier Capital lands $1.05B to invest in funds and startups

Despite the mixed recent news on inflation, capital’s still flowing healthily into Silicon Valley. Case in point, Top Tier Capital, the San Francisco-based VC and private equity firm, today announced that it raised $1.05 billion more to invest with global venture funds and tech companies. Spe

RevOps platform Fullcast raises $34M to set the stage for growth

Dharmesh Singh and Bala Balabaskaran, once a part of Microsoft’s Office 365 team, headed up revenue operations and planning at Salesforce together for a number of years. While there, they say that they experienced common operations pain points like trying to forecast using spreadsheets and ex

Homegrown African VCs emerge to fill in the gaps foreign investors cannot

The African startup scene is expanding beyond the traditional markets of Egypt, Kenya, Nigeria and South Africa, with accelerated activity now reported in other regions across the continent. As the market grows, there are calls for more local fund managers to unlock additional capital and support f

Aleph Farms' cultivated beef process receives blessing from Israeli government

Aleph Farms received regulatory approval in the form of a “No Questions” letter from Israel's Ministry of Health for its cultivated beef manufacturing process. Aleph, an Israel-based cellular agriculture company, says it is the first company to receive this kind of approval for cultivated b

N26 launches stock and ETF trading to complement its banking offering

Berlin-based banking startup N26 is rolling out a new stock and ETF trading feature starting with Austria as the first market. This product launch marks a renewed focus on the startup's core markets with a larger portfolio of banking products in those countries. Like many challenger banks, N26

Beeper users say Apple is now blocking their Macs from using iMessage entirely

The Apple-versus-Beeper saga is not over yet it seems, even though the iMessage-on-Android Beeper Mini was removed from the Play Store last week. Now, Apple customers who used Beeper’s apps are reporting that they’ve been banned from using iMessage on their Macs — a move Apple may

How web3 can have a 2024 comeback

Web3 startups are facing a mammoth decline in funding: Earlier last year, I estimated that web3 funding would drop by 73%. In reality, second-quarter funding in 2023 looked even worse — a full 76% decline from the previous year's figures, according to Crunchbase. In the first half of 2023, we

African neobank Kuda tried to raise $20M at flat valuation in 2023, missed user milestone projection by 3M

Updated to note that Kuda has now responded to say that it didn't close a bridge round last year. The story below is modified to reflect that. Earlier this month, Kuda co-founder and CEO Babs Ogundeyi told users that the Nigerian online challenger bank had reached almost ?56 trillion (~$60 bi

Will startup valuations start to recover in 2024? Investors aren’t so sure

In 2021, it felt like every startup was able to raise at an inflated valuation no matter its size, sector or underlying business model. Today, things look a lot different. Comparing pre-money valuations, every startup fundraising stage except seed saw median valuations decline last year compared to