How to stretch your venture dollars
I didn't know exactly where I was driving, but the sun was setting behind a field full of cows, the battery in my hybrid was nearly depleted, and the fuel light was blinking. I needed a plan.
Despite intermittent cell phone service, I navigated to a gas station, driving 5 miles per hour the ent
10 investors talk about the future of AI and what lies beyond the ChatGPT hype
When I mentioned “the rise of AI” in a recent email to investors, one of them sent me an interesting reply: “The 'rise of AI' is a bit of a misnomer.”
What that investor, Rudina Seseri, a managing partner at Glasswing Ventures, means to say is that sophisticated tech
PayPal faces new antitrust lawsuit claiming it unfairly stifles competition with Stripe, Shopify and more
PayPal has been hit with a class action lawsuit by consumers represented by law firm Hagens Berman alleging that the fintech giant's anti-steering rules stifle competition against lower-cost payment platforms such as Stripe and Shopify.
Specifically, according to an investigation conducted by t
Sony will offer Emerge's tactile ultrasound device through a Bravia camera bundle
Emerge this week announced a partnership with Sony, a big boon for the hardware startup. The deal involves two pieces: first, Sony will highlight Emerge's ultrasonic tactile device in its smart TV app. Second, starting next year, Sony will begin offering a Bravia Cam bundle featuring Emerge W
AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus
AI-powered parking platform Metropolis today announced that it raised $1.7 billion to acquire SP Plus, a provider of parking facility management services, in a combination of equity and debt.
Eldridge Capital and 3L Capital co-led the tranche with participation from BDT & MSD Partners' affi
Section 32 closes on $525M fund, says there is ‘a zone of commoditization that you have to avoid while investing in AI’
Section 32, a venture firm founded by ex-Google Ventures CEO Bill Maris, has closed on $525 million in capital commitments across its fifth fund, technewss is first to report.
A portion of the capital will go toward early-stage investments, while the remaining will be reserved for follow-on oppo
Phaver raises $7M to help make onboarding to web3 social platforms easier
Web3 platforms are often thought of as spaces reserved for the tech-savvy or for people who know and use crypto. For good reason: Most require you to already have a crypto wallet or two, and onboarding a non-crypto-native user is frequently a difficult hurdle for many web3 platforms. The average in
Consumer brand accelerator SuperOrdinary gets $58M Series B at $800M valuation
The average shopper probably hasn't heard of SuperOrdinary, but if they are a beauty or skincare fan, they've definitely heard of some of the brands the startup works with: Olaplex, Farmacy and Biossance, to name a few. The Los Angeles-headquartered company works behind the scenes to help A
Cobre secures $13M to help CFOs in Colombia automate corporate payments
If you don't know your company's financial status, it is difficult to make decisions for the betterment of the company. This is where Cobre comes in.
The Colombia-based startup developed a corporate treasury platform to give chief financial officers more visibility and control over their co
Union Square Ventures backs Indian EV infra startup Bolt.Earth in $20M funding
Bolt.Earth, an Indian startup that offers charging infrastructure and software solutions for electric vehicles, has raised $20 million in a funding round to expand its presence within the South Asian nation and enter into new markets.
The Bengaluru-based startup has raised fresh capital from its ex
Keep Labs’ smart storage redefines medication management
Keep Labs built a lockable storage container for medicine, and it doesn’t matter if the meds come in bottles, boxes or dime bags. The Keep is designed to hold them safely and track their use. The company launched in 2019, won — and lost — an innovation award at CES 2020, and this
Defense startup Mach Industries closes $79M Series A at $335M valuation
Defense tech darling Mach Industries has closed a $79 million Series A led by Bedrock Capital in a deal that catapulted their post-money valuation to $335 million, multiple sources tell technewss.
Mach Industries’ head of growth Koko Xu confirmed the numbers in an email, adding that the new
Habyt, an Airbnb-style platform aimed at longer stays and ‘flexible living,’ raises $42M
When it comes to visiting new cities, Airbnb changed the game for people who might have previously considered only hotels or guest houses: now, flexible alternatives in private homes, powered by a modern, digital interface for hosts and guests to connect with each other to book a stay, are a signif
Ask Sophie: What are the options for replacing an L-1A visa?
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