Startups

Nearly a year ago, developers Seth Forsgren and Hayk Martiros released a hobby project called Riffusion that could generate music using not audio but images of audio. It sounds counterintuitive (no pun intended), but it worked — my colleague Devin Coldewey got the rundown here. While their ap

Moving from one country to another is difficult in many ways, not the least of which involves starting over financially. Nova Credit, which started out as a graduate research project out of Stanford University about seven years ago, was founded to help immigrants overcome the obstacles of applying

Investors have an appetite for databases, it seems. Today, ScyllaDB, a startup developing database tech for high-throughput, low-latency workloads, announced that it raised $43 million in a funding round led by Eight Roads Ventures with participation from AB Private Credit Investors, AllianceBernst

Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than half this year as investors marked their holdings largely in response to the dwindling market conditions.

Web Summit, the big tech conference brand that runs events in several cities and whose 70,000 person flagship event in Lisbon is taking place next month, is running into a wall — a wall of outrage. Founders, investors and others from the technology community in Israel have gone ballistic over

Arjun Thyagarajan and Raghav Lal, the co-founders of fintech startup Solid, are pushing back on Series B investor FTV Capital, which filed a lawsuit against the company to get its $61 million investment back. Solid offers companies a way to provide their own financial products, for example, banking

The state of the global venture capital market leaves much to be desired, and the United States hasn’t escaped the slowdown: PitchBook and the NVCA both reported that the “third quarter of 2023 nearly saw the lowest overall venture deal value in six years and the lowest deal count in ro

Smartphone sales have had their worst quarterly performance in over a decade, a fact that raises two big questions. Have the latest models finally bored the market with mere incremental improvements? And if they have, what will the next form factor (and function) be? Today a deep tech startup calle

Creative Force, providing an AI-powered content operations workflow for large e-commerce retailers and brands, secured $8.9 million in Series A funding, on a post-money valuation of $56 million, from Export and Investment Fund of Denmark and Hearst Ventures. The Denmark-based company, founded in 20

The compliance process at pharmaceutical manufacturers is complicated because many still use paper-based systems to record manufacturing steps. These paper records are reviewed by FDA auditors to ensure that guidelines were followed, but they are prone to errors, often leading to warnings. This res

Any conversation centered on the U.K. tech scene often has a strong center of gravity around the south of the country — to many, “the U.K.” and “London” may as well be the same thing. A recent House of Commons Committee report on venture capital allocation pointed to &

Events can be critical to helping founders build their company, but not all events are created equal. Founders shouldn’t feel like they have to waste their time trying to unearth the diamonds in the rough. But there are ways to judge if an event will be worth it ahead of time. Last week, we p

W elcome to the technewss Exchange, a weekly startups-and-markets newsletter. It's inspired by the daily technewss+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Let’s be honest, it’s been a tough week. But let’s use some spare brain cycl

Gaza, despite being one of the most economically challenged regions in the world, has ironically always been a tech hub — not only for Palestine and Palestinians, but also for the world: International companies have, for many years, sought out a presence there to collaborate with talented tec