Startups

FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices and angel inves

When you think about replacing a CEO, what springs to mind? The drastic action of a desperate board struggling to right a listing company? Buying an entire company just so you can get Ring's ex-founder as your new CEO? When I spoke with Troy Bannister about why he replaced himself as CEO of Par

Fundraising is hard, so it's no wonder that SAFE (simple agreement for future equity) rounds are popular. Conceived by Y Combinator as an alternative to convertible notes, SAFEs have long been considered a founder-friendly way to wrap a venture deal. But, as with most things, the reality is tha

Here’s another edition of “Ask Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says S

I thought that founders would have turned a new page after the blowup at some of the most notable startups for alleged worker mistreatment and poor workplace culture. It seemed evident that the hustle and bustle of startup culture had its limits in this new generation, and no one was immune to the

We have the power to transfer money to anyone, from anywhere, without having to step foot in a bank branch. And with great power comes great responsibility amid bank transfer or payment fraud amounting to $1.6 billion in 2022. Ravi Sandepudi, co-founder and CEO of Effectiv, told technewss that now

Shai Gabay and Eli Ben Nun, two entrepreneurs based in Israel, met in 2018 while working at Cynet, a cybersecurity startup developing extended detection and response tools. While there, they came to realize that there was a growing need to secure payment transfers, which were becoming increasingly

Dioxycle is a carbon transformation startup that is working on a new process to produce ethylene at scale using recycled carbon emissions. Ethylene is used in packaging, clothing, PVC-based sewage pipes, car interiors and more. And the company recently raised a $17 million funding round co-led by B

It would be fair to say there's no global solution for instant 24/7 access to mental health support. Yes, there are a few “marketplaces” where you can schedule a call with a therapist in advance. Online solutions now include BetterHelp, Talkspace and Teen Counseling. Then there are

Materials Nexus, a deep tech AI and quantum mechanic company, announced Wednesday the close of a £2 million seed round led by Ada Ventures. National Security specialists MD One Ventures, the University of Cambridge, as well as angel investors Andrew MacKay and Jasmin Thomas, also participated in t

Developing a fast-scaling business with a supply side in the early stages requires growing with high dynamics and little resources. Operational mistakes while scaling might have an exorbitant price. We faced it when we decided to break into edtech and launch an education app that aims to provide ex

San Francisco startup Ample is bringing its modular electric vehicle battery swapping technology to Mitsubishi Fuso’s electric trucks this winter, the company said Tuesday. This marks the first time Ample’s technology is being used for large vehicles. The company’s technology is c

In September of 2021, Jeeves began offering corporate credit cards as its primary product — with a primary focus on Latin America — after participating in Y Combinator's summer 2020 batch. By that 2021 launch, Jeeves was describing itself as the first “cross country, cross currency” exp

When Nexla launched a data operations platform at technewss Disrupt Battlefield in 2017, building applications on top of that data was not necessarily a well understood concept. As time has gone on, however, the company has matured alongside the machine learning market, and today it's able to