Startups

Countless startups are trying to solve hard robotics problems in industry. But few are looking to bring the tech into homes. Well, few except for Matic. A relatively new venture founded by Navneet Dalal, an ex-Google research scientist, Matic, formerly known as Matician, is developi

Getting VCs to invest in an early-stage startup post-pandemic is no walk in the park. Even more so if you're running a B2C startup. And if you're a female or diverse founder, be primed for an arduous endeavor because, in Europe, female entrepreneurs received a mere 0.9% of 2022's invest

Flavrs, an iOS app that lets foodies discover recipes and then shop for ingredients, is introducing a new takeout feature and AI-powered recommendation systems thanks to a custom integration with OpenAI. The app features a TikTok-like interface that displays videos from top chefs and creators. If y

The year 2023 doesn't sound like a good time to be a wind power startup. Take Ørsted, the Danish wind company: It recently announced that it would be taking a charge of up to $5.6 billion this year, partly because of various wind projects being canceled, including a large one off the coast of

Developers spend a lot of time on mundane, repetitive tasks — and surprisingly little on actual coding. In Stack Overflow’s 2022 developer survey, 63% of respondents said that they devote more than 30 minutes a day searching for answers or solutions to problems — which adds up to

SBI Holdings, a Japanese financial services conglomerate and one of the largest venture capital firms in the East Asian country, has made a $40 million multifund commitment to anchor Pan-African VC firm Novastar Ventures' future funds. The commitment is the first direct investment by the Tokyo

Supply chain logistics platform Flexport is acquiring the assets of shuttered digital freight network Convoy, according to a memo Flexport CEO Ryan Petersen sent to staff Wednesday. Flexport will restore Convoy’s trucking logistics services for customers in the coming weeks, according to the

When Ryan Petersen announced he was stepping down as the CEO of Flexport to become a partner at Founders Fund, he probably wasn’t expecting to return to the shipping logistics startup just months later following a succession snafu. Succession is hard, and even the best-laid plans don’t

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

WeWork could file for bankruptcy as early as next week, according to Reuters and the Wall Street Journal. Frankly, we are not surprised at this result for the former venture darling. WeWork’s shares were down 49.7% in early morning trading on Wednesday, bringing its market capitalization to j

Media software startup and streamer Plex is expanding its service to become more of a social network, not just a way to organize your home media or stream free content. Today, the app maker is launching a new feature, “Discover Together,” that allows users to create profiles and find an

For pre-seed founders innovating in the deep tech space, Bee Partners wants to be partners with you. It closed on $50 million in commitments for its fourth fund, which Michael Berolzheimer, managing partner, said was oversubscribed. The San Francisco-based venture capital firm invests in companies

Vespa.ai, the big data serving engine that just a few weeks ago spun out from Yahoo (full disclosure: technewss’s parent company) into an independent venture, has raised a new round of funds. Blossom Capital led a $31 mlion investment in Vespa — money that Vespa CEO Jon Bratseth says w

EarlyBird, an app that lets families and friends gift investments to children, has raised $4.5 million in a seed extension round that was partially funded by its user base. The app lets parents create a custodial account, also known as a UGMA (Uniform Gifts to Minors Act) account, which allows them