Rainforest raises $8.5M to help software companies embed financial services, payments
In November 2019, Andreessen Horowitz General Partner Angela Strange famously declared that, “Every company will be a fintech company.”
Specifically, Strange projected that — in the not-too-distant-future — “nearly every company” would derive a significant portion of its revenue
Pow.bio says biomanufacturing is broken and its continuous fermentation tech will fix it
It's no secret that alternative protein companies and others leveraging fermentation technology have an issue scaling to commercial production. Founders say that this is perhaps the number one challenge to taking their products from expensive to cost parity with traditional meat.
Meet Pow.bio,
Resy and Eater co-founder raises $24M for Blackbird, a restaurant loyalty platform
Blackbird Labs, a hospitality tech company whose platform helps restaurants stay in touch with guests and incentivize them to dine out more frequently, today announced that it raised $24 million in a Series A round led by Andreessen Horowitz with participation from QED, Union Square Ventures, Shine
CoPilot, a training app that matches users with remote fitness coaches, raises $6.5M
CoPilot, a digital training app that matches users with one-on-one remote fitness coaches, has raised $6.5 million in Series A-1 funding led by Jackson Square Ventures. The app, which has seen more than 1.5 million workouts completed on the platform, matches users with a coach they connect with in
Opsera, a DevOps platform geared toward enterprises, raises $12M
Opsera, a DevOps platform geared toward enterprise clients, today announced that it raised $12 million in a funding round — a tranche smaller than Opsera’s previous raise — led by Taiwania Capital with participation from Clear Ventures, Felicis Ventures and others.
Bringing the co
Electric Hydrogen is the green hydrogen industry’s first unicorn
Investors have historically been skeptical of green hydrogen. High production costs, expensive infrastructure builds, competition with batteries and minimal government support have made the green hydrogen sector a risky bet. But at least one company, Electric Hydrogen, seems to have found a way to
Qobra raises $10.5 million for its real-time sales compensation tool
French startup Qobra has raised a $10.5 million Series A funding round (€10 million) led by Singular with Revenue Syndicate and existing investor Breega also participating. Qobra helps businesses manage sales compensation so that managers don't have to use Excel spreadsheets for this pesky ta
Science lab automation and robotics startup Automata raises $40M
Automata, a company that combines software and hardware to automate science labs around the globe, has raised $40 million in an equity-based round of funding, as the U.K.-based startup looks to double down on recent growth across Europe and the U.S.
Founded out of London in 2015, Automata in its or
Sparx wants to do for enterprise what Truebill did for consumer recurring bills
Sparx, a startup out to manage financial operations for enterprises, secured $3.1 million in seed capital to continue developing its free suite of automated products meant to save companies money on their recurring expenses.
Childhood friends Ricky Pati and Niko Fotopoulos started the company after
Kenyan legislative committee calls for Worldcoin shutdown in the country
A Kenyan parliamentary committee formed in August to investigate operations and activities of Sam Altman's crypto project, Worldcoin, in the East African country, has recommended for it to be shut down.
The committee, in a report published today and seen by technewss, called on Kenya's ICT
Queer social app Lex gets a new CEO and $5.6M to grow
Lex, the app inspired by vintage lesbian personals, just raised $5.6 million in seed funding and elevated co-founder Jennifer Lewis from COO to CEO.
As a result, founding CEO Kel Rakowski steps into a new role — chief creative officer, while former Hinge product boss Michelle Parsons joins as ch
Web3 funding is down again as the crypto winter drags on
Cryptoprettymuchseemstohavelostitsallureasfarasventurecapitalistsareconcerned.AccordingtonewdatafromCrunchbase,investmentsintoweb3startupsdeclinedinthethirdquartercomparedtothesecondquarter,markingtheseventhstraightquarterofdeclinesforthesectorsincecryptoventurefundraisingpeakedinQ42021.
TheExchan
Beams helps product teams shine a light on the work that matters most
Beams' co-founders Jana Schellong and Mihri Minaz see a fundamental problem with how product teams work. While they have productivity tools that are supposed to help them work smarter, too often they end up distracted by a mishmash of notifications. They created Beams to help teams regain focus
Humata AI summarizes and answers questions about your PDFs
Cyrus Khajvandi, a Stanford biology graduate and two-time entrepreneur, often found it challenging to stay on top of scientific research while managing his daily workload. Recognizing that he wasn’t the only one — and that AI technology was becoming more accessible — Khajvandi beg