Whop, an online marketplace for digital goods, raises $17M
Amazon might have the monopoly on physical goods sold online. But what about digital ones?
There’s Steam for games and software. Shopify supports some forms of digital goods, like artwork and gig services. But three co-founders, Steven Schwartz, Cameron Zoub and Jack Sharkey, believe there
Startups with all-women founding teams raised just $1.4B in H1
U.S. startups with mixed-gender founding teams — meaning they have at least one female founder — raised $24.1 billion in the first half of 2023, which breaks down to $17.2 billion in Q1 and $6.9 billion in Q2, per the latest PitchBook data. The expectation is that funding to such companies will
Collectly wants to make paying healthcare bills easier so medical providers don't lose $200B
Not only are healthcare bills confusing, but also paper bills can often get lost in the mail or covered up in big piles on counters. Large healthcare organizations, for the most part, offer electronic billing, but that's not always something solo or small practices can take advantage of.
That i
InDrive brings its ‘bid-based’ ride-hail app to the US
InDrive (formerly inDriver) is bringing a new type of ride-hailing app to South Florida. The startup operates a “bid-based” platform wherein passengers can name their own fare for a ride, and nearby drivers can accept, decline or counter the offer.
At a time when ride-hail customers are
What happened when Nous.co hooked up generative AI to its users’ household bills
With the cost of living ever more painful, and generative AI supposedly gunning for your job, at least — for the moment — it might be here to save you some money on your household bills.
U.K.-based cost-of-living startup Nous.co has launched an OpenAI-powered assistant (combined with its own pr
Gushwork.ai raises $2M, led by Lightspeed, to outsource business tasks to workforces trained in AI
Gushwork.ai, a global platform that aims to advance business process outsourcing (BPO) using AI and human expertise, has raised $2.1 million in a pre-seed funding round led by Lightspeed. B Capital, Sparrow Capital, Seaborne Capital and Beenext also participated in backing the startup that launched
Can dltHub solve the Python library problem for AI? Dig Ventures thinks so
Python is the preferred programming language in AI. However, most organizations can't incorporate their Python developers into legacy data infrastructure. That means they miss out on pulling the benefits of AI into the org. However, there has been a lack of open source Python library for develo
Ask Sophie: How realistic are my chances of hiring H-1B candidates at my startup?
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
With $37M seed round, Maka Motors begins EV pilot on Indonesia’s streets
A recent report said that Indonesia’s electric vehicle (EV) market is projected to reach $20 billion by 2029, up from $533 million in 2022. Moreover, as much as half of the overall motorbike market in Southeast Asia could be replaced by electric two-wheelers by 2030, McKinsey associate partn
Snowstorm raises seed to keep the internet free
"speakable-summary" style="text-align: left;">Created to ensure open and free access to the internet, Snowflake saw a huge uptick in users during the start of the Ukraine War — and has grown even more since then. Started as an open source project by Serene (who goes by her first name only for
8 VCs say they are still bullish on SAFE rounds, but it's not 2021 anymore
SAFE rounds, or simple agreements for future equity, have been around since Y Combinator invented them a decade ago. But they took on a different role in 2021 when they became a fast-moving tool that helped startups close deals in mere days. Before that they were used to close really early rounds o
Fintech valuations have fallen. Where do they go from here?
With the market having changed dramatically since the heyday of 2021's venture funding boom, fintech valuations have largely shifted accordingly.
With only a few exceptions, the once most valuable companies operating in the fintech space have seen their valuations drop significantly, based on s
CodeSee adds generative AI to explore code bases with natural language queries
CodeSee was founded in 2019 with the goal of helping programmers understand the entire code base inside a company. The idea was to provide visual maps, so you could see the connections between services and systems and how changes might affect the different links. Today, the company announced it was
FedML raises $11.5M to combine MLOps tools with a decentralized AI compute network
Interest in AI among the enterprise continues to rise, with one recent survey finding that nearly two-thirds of companies plan to increase or maintain their spending on AI and machine learning into this year. But often, these companies are encountering blockers in deploying various forms of AI into