Startups

Remember when we wrote that Spotify’s latest layoffs make sense? Well, we feel the same about Etsy’s announcement that it would lay off 11% of its workforce. This is not us being callous with employees affected by these layoffs, or making excuses for what led the NASDAQ-listed marketpla

As 2023 comes to a close, we're here to look back at the biggest fintech stories of the year. Silicon Valley Bank's implosion felt like a fintech story in that a number of startups (Brex, Arc and Mercury, for example) in the space leapt to fill the hole left by its collapse. But it truly wa

When Helsing raised a $223 million Series B round, the tech world saw it as continued confirmation that defense was unquestionably back on the investing agenda. Further confirmation comes today, in news shared exclusively with technewss, in the form of a $5.5 million seed round for U.K. defense te

“Should I go public with the story about the time I was told I can't be promoted for being a white man?” Shaun Maguire, a partner at Sequoia Capital, tweeted recently. The responses to his tweet are split between the two factions that have appeared within venture in recent years: those who

Amid rising geopolitical tensions, many Chinese tech companies find themselves recalibrating their overseas pursuits, often sidestepping any reference to their origin. One bold startup called DP Technology stands out from the crowd. Working to apply artificial intelligence to molecular simulations,

In the face of recent economic downturns and fears of a startup bubble-burst, it may be surprising to hear that startups are faring better than you might think. I've been talking to a bunch of founders who are struggling to raise funding — and that is a real problem — but there are some sta

Electric vehicle charging company EVCS is raising a $20 million round, technewss+ has exclusively learned. The startup has so far raised $7.5 million of the $20 million target, according to paperwork the company filed with the SEC on Wednesday. If EVCS can raise the rest, this roun

A few years ago, Karine Mellata and Michael Lin met while working at Apple's fraud engineering and algorithmic risk team. Both engineers, Mellata and Lin were involved with helping to address online abuse problems including spam, botting, account security and developer fraud for Apple's gro

Medallion is a platform for artists to have a dedicated digital hub for promoting album releases, tour dates and merch drops, as well as selling digital collectibles and sharing exclusive content to foster deeper connections with fans. The company announced today that it closed $13.7 million in Ser

Vestwell, which provides the infrastructure for employers to power workplace savings programs, has raised $125 million in what the company describes as a “preempted” round of funding. Lightspeed Venture Partners led the round, which included participation from existing backers Fin Capital, Prim

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

Construction may well prove to be the next major focus for robotics investment. Here in the States, the $2 trlion industry employs around eight mlion people — that's nearly one New York City. Even in financial boom times, however, these jobs can be difficult to keep fled, owing to physica

Claim, a platform that is both a rewards app and a social network, has raised $4 million in a seed funding round led by Sequoia Capital. The startup is on a mission to make shopping fun, rewarding and social. The app launched on an invite-only beta in January and is currently focused on university

It’s been more than a year since Elon Musk purchased Twitter, yet we’re still seeing the reverberations of that deal on other social platforms, including the new ones that have cropped up since. Spill, a platform founded by ex-Twitter employees, is closing out its first year on the mark