Startups

Carefull, a fintech platform that aims to help banks protect older customers from fraud, scams and “money mistakes,” today announced that it raised $16.5 million in a Series A round led by Fin Capital with participation from TTV Capital, Bessemer Venture Partners, Commerce Ventures, Mon

InsuranceDekho, the insurer that was incubated within the automobile marketplace group CarDekho, has raised $60 million in a new funding round as the startup looks to supercharge its growth. Mitsubishi UFJ Financial Group, insurer BNP Paribas Cardif, Beams Fintech Fund and Yogesh Mahansaria Family

Arctic Wolf, a cybersecurity company that’s raised hundreds of millions of dollars in debt and equity, today announced that it plans to acquire Revelstoke, a company developing a security orchestration, automation and response (SOAR) platform, for an undisclosed amount. In a blog post, Arctic

The global venture capital market failed to turn the corner in the third quarter of 2023, instead racking up another quarter’s worth of declines in most parts of the world. The data, however, can become a little bit abstract in numerical form. So, today, the technewss+ team has charted the m

SnapEDA, a platform for electrical engineers to easily access electric component data, is rebranding as SnapMagic and introducing a new suite of features that could be a game changer for electronics design. If you're an electrical engineer, you've likely heard of (or use) SnapEDA. The platf

X competitor Bluesky is rolling out its latest release, version 1.52, with a number of changes, including those focused on improving the safety and security of its microblogging platform. The Jack Dorsey-backed startup says it will now allow users to change and verify their email addresses as part

Much in the same way as companies adapt their software to run across different desktop, mobile and cloud operating systems, businesses also need to configure their software for the fast-moving AI revolution, where large language models (LLMs) have emerged to serve powerful new AI applications capab

Pair Eyewear, a direct-to-consumer customizable eyewear brand, raised $75 million in new Series C funding to boost its automated U.S. manufacturing technology and expand its customer base around the world. The company enables glasses-wearing adults and children to easily change their look with over

Thread (not to be confused with Threads), a startup developing a robotics platform to collect inspection data for utilities, today announced that it raised $15 million in a Series A funding round led by Badlands Capital with participation from Minnkota Power Cooperative, Generational Partners, Rose

To ease the burden of maintaining their IT infrastructure, many companies, especially SMBs, turn to third-party IT providers. Called managed service providers (MSPs), they make life easier for their clients, but deal with many problems of their own, including fragmented tech tools that result in co

Barcelona-based Heura, a disrupter in the plant-based protein space since 2017, has a product hitting shelves shortly in Spain and France that it reckons will have the most committed meat eaters sitting up in disbelief. These new 100% plant-based “Jamón York style” slices are not actua

Saronic, a startup developing autonomous ships for defense, has raised $55 million in a Series A round led by Caffeinated Capital with participation from 8VC, Andreessen Horowitz, Lightspeed Venture Partners, Point72 Ventures, Silent Ventures, Overmatch Ventures, Ensemble VC, Cubit Capital and the

Braid, a four-year-old startup that aimed to make shared wallets more mainstream among consumers, has shut down. Founded in January 2019 by Amanda Peyton and Todd Berman (who left in 2020), San Francisco-based Braid set out to offer friends and family an FDIC-insured, multi-user account that was de

Hello and welcome back to Max Q! In this issue: Meet Castelion News from Amazon and more a16z-backed Castelion wants to mass-produce defense hardware, starting with hypersonics One builds weapons in the hope that they are not used. Thus goes the central premise of deterrence theory, which says i