Southeast Asia funding at its lowest level in six years

Every year, Temasek teams up with Bain & Company on the e-Conomy SEA report. It covers Southeast Asia's digital economy and is published by Google. This year's report, published today, underscores what many startups and investors already know — the region's funding landscape is cu

WeWork reportedly on the verge of filing for bankruptcy, stock plummets

WeWork is on the verge of filing for Chapter 11 bankruptcy in New Jersey, according to sources cited by The Wall Street Journal. If WeWork does indeed file, it shouldn’t come as a shock to close followers of the flexible workspace provider. WeWork warned in August in its second-quarter earnin

Why Comcast built an accelerator to nurture sports startups

When you think of Comcast, you probably think of the cable or internet service, but it also owns NBCUniversal. With that comes a fair bit of sports coverage, including the Olympics, NASCAR, WWE and PGA, to name a few. As such, Comcast has some motivation to drive innovation in how sports are covere

TC+ Roundup: What happened to the Adobe-Figma deal?

Good morning, and welcome to Tuesday! It's been more than a year since Adobe announced that it intended to buy Figma for $20 billion, yet the two companies are still separate entities. As technewss+'s Ron Miller points out, a year is a really long time in the tech world. So what's the

GreenLite streamlines ‘nightmare’ of construction permitting for businesses

Getting the required permits for construction can take an excruciatingly long time in many cities — whether it's for a residential or commercial project. One new proptech startup is out to make the process much less painful — and faster — for businesses, and has already landed

How to be an inspirational startup founder

The thing that the best and brightest entrepreneurs have in common is their ability to inspire – their customers, employees and investors. I've worked with top-tier founders like Marc Lore of Jet (sold to Walmart for $3.3 billion in 2016), Brian Long of Attentive (valued in 2021 at over $11 b

New nonprofit backed by crypto billionaire scores AI chips worth $500M

It’s strange times we’re living in when a blockchain billionaire, not the usual Big Tech suspects, is the one supplying the compute capacity needed to develop generative AI. It was revealed yesterday that Jed McCaleb, the co-founder of blockchain startups Stellar, Ripple and Mt Gox and

Connectly taps automation to nudge shoppers to complete purchases

Most consumers interact with e-commerce brands through social media, text and email. Brands reach out with promotions and discounts. But the engagement and read rates tend to be low; according to Gartner, brands risk losing 38% of customers due to poor marketing personalization efforts. Stefanos Lo

Charlie’s senior-focused banking puts new funding toward stopping fraud

Less than six months after launching to the public and announcing a $7.5 million seed raise, a startup providing banking services to Americans over the age of 62 has raised additional funding. The days of closing two capital raises in a matter of months are mostly long gone, so it naturally caught

Brazilian fintech QI Tech lands $200M led by General Atlantic

Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by New York-based General Atlantic. The raise is believed to be the largest in Brazil — across all industries — this year so far, according to Crunchbase. Founded in 2018 by Pedro M

Hexa, the startup studio behind Front, Spendesk and Aircall, unveils its next batch of startups

Hexa, the Paris-based startup studio that started its life as eFounders, just shared a list of the six next companies that will emerge from the studio. It's an interesting mix of enterprise SaaS startups with a blockchain data startup thrown into the mix. And given eFounders' track record,

ChatGPT for career growth? Practica introduces AI-based career coaching and mentorship

Can an AI be your mentor? That’s what a startup called Practica believes. The company, which evolved out of a marketplace for one-on-one executive coaching, has now launched an AI system built on top of an existing knowledge base it developed over the years spent with a large group of human c

Welcome back to the SaaS bear market

How are software companies performing today? It’s going to be a busy earnings week, so we’ll have a lot of Q3 data to pore over to answer this question very soon, but it appears public-market investors have already made their minds up. The Exchange explores startups, markets and money.

Understanding operations intelligence can transform a startup

Driving becomes second nature quickly: You insert the key, grip the wheel, press the gas pedal, and off you go. Just like that, we navigate complex machines through muscle memory and experience. Going to work feels the same — we assume everything runs smoothly in our complex environments. Underst