Startups

With the U.K.'s Financial Conduct Authority (FCA) authorizing what's believed to be the first time a company can provide solar panels and batteries on a subscription model — without subscribers needing to pay a lump sum upfront — the stage could be set for a new boom in solar subscripti

Since reaching lofty, all-time highs in 2021, startup exits have hit all-time lows over the last 12 months as interest rates skyrocketed, access to cheap money dwindled, and opportunities to cash out dried up. The first half of 2023 saw the lowest combined exit value for U.S. companies and venture

It’s been a week of mixed results for the software technology world: GitLab, Box, Yext and Asana reported their third-quarter results in the past few days, and not all of them did well. GitLab is the clear winner of the week. The company beat expectations for both revenue and profit, and post

Right now, in late 2023, the IPO market is halted, and late-stage deals rarely happen because funds and entrepreneurs cannot find common ground on pricing. The seed-stage arena has become more attractive for larger multistage firms because exit opportunities and late-stage funding are few and far b

Back in June, we spotted a few signs that pointed to a hot summer for the secondary venture market. Secondary data platforms like Forge Global and Caplight started to see activity ramp up, and buyers and sellers were finding better consensus on share pricing for the first time since the market corr

The holiday season usually sees nearly 40% of Americans going into debt to pay for presents and other holiday-related expenses. It's understandable, then, that it's even more heartbreaking than usual to be laid off in December. Many companies avoid staff cuts on purpose in

With billions of credit card transactions processed daily, there is opportunity for fraudulent activity, or perceived fraudulent activity, to slip in. And it does: Each year, hundreds of millions of consumers report instances of credit card fraud. Spade's co-founders Oban MacTavish, Tess Bloch

Sydney, Australia-based Leonardo.Ai is one of the latest generative AI startups to raise funding. Today, the AI art production platform for consumers and enterprise users announced a $31 million USD round from investors, including Blackbird, Side Stage Ventures, Smash Capital, TIRTA Ventures, Gaoro

Sonu (previously known as Sona) is a new web3 streaming protocol that uses DeFi primitives (decentralized finance basic building blocks) to put the financial power back into artists' hands with its rewards model, auctions and ad-free streaming. Sonu emerged from stealth today, announcing the op

ZestMoney, a buy now, pay later startup whose ability to underwrite small ticket loans to first-time internet customers attracted many high-profile investors, including Goldman Sachs, is shutting down following unsuccessful efforts to find a buyer. The Bengaluru-headquartered startup — which

The push to bring iMessage to Android users today adds a new contender. A startup called Beeper, which had been working on a multi-platform messaging aggregator, is now launching a new app called Beeper Mini which will allow Android users to send and receive end-to-end encrypted iMessage chats for

When Respell founder Matthew Rastovac was in high school, he did an internship where his job was to copy information from a government website into a spreadsheet. It was mind-numbing work, so being an enterprising young man, he wrote some code to automate the task. These days, his company helps non

Rightbot, a startup developing suction-based robots that can unload truck-transported freight in a range of sizes, has raised $6.25 million in a funding round led by Amazon’s Industrial Innovation Fund (IIF) with participation from SOSV and Entrepreneur First. Amazon launched IIF last April t

Kyron Learning, an AI-based learning startup, announced today its $14.6 million Series A funding round plus an $850,000 grant from the Bill & Melinda Gates Foundation. The new capital will further develop the platform's generative AI capabilities and build out its K-12 math curriculum. Toda