Startups

For company founders and shareholders with an exit on the horizon, this isn't a myth — a move for tax reasons can make a lot of financial sense. In tech hubs like the Bay Area and New York City, the highest tax brackets are at 14.4% (as of January 1, 2024) and 14.8%, respectively. In contrast

Now that the first half of 2023 is officially behind us, we are going to get a flurry of data on VC investment around the world. This will allow us to paint a global picture and zoom in on countries where specific factors might be at play. Today, we are looking at Israel by way of a new report from

SoftBank is backing Japanese robotics startup Telexistence, making good on the tech giant’s recent pledge to go back on the investment offensive in light of the current AI hype. Tokyo-based Telexistence said Thursday that it has raised $170 million (23 billion yen) in a Series B round of fun

After developing a free earned-wage advance offering for frontline workers two years ago, fintech company Clair is back with a new tool to help workers get paid after completing a shift and receiving $25 million in new equity funding. The round was led by Thrive Capital and includes Upfront Venture

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

Brinc, the Hong Kong–based accelerator backed by investors like Animoca Brands, is launching a new program for fledgling climate tech startups. The three-month program is tailored for founders who are focused on carbon dioxide removal (CDR). They will receive fundraising support, guidance on how

Funding for crypto startups continues to grow more scarce. Venture capital flowing into the industry dropped for the fifth consecutive quarter since Q1 2022 to $2.34 billion globally as investors withhold their checkbooks, fearing risks from a severe regulatory stance and an uncertain economy.

If you've tried to get an investor to sign a nondisclosure agreement (NDA) before you pitch them, you'll often be waved off with something like, “We don't do that.” That is somewhat sensible: Investors talk to a lot of startups, so signing an NDA could open them up to liabilities in

The pandemic has damaged the entire manufacturing supply chain, which is not likely to return to normal until at least 2024 due to a few challenges, including the ongoing U.S.-China tech battle. According to a recent survey by the Association of Equipment Manufacturers (AEM), which surveyed more th

Neko Health, the health tech startup co-founded by Spotify co-creator Daniel Ek, has raised €60 million ($65 million) in its first external round of funding. The Series A round was led by Lakestar, with participation from Atomico and General Catalyst. Founded out of Sweden in 2018

Indian online pharmacy startup PharmEasy is planning to raise about $300 million in a new round of funding at a 90% markdown from the previous valuation, two people familiar with the matter said, effectively giving in to some investors’ push to sell itself. Should PharmEasy succeed in securin

In France, Shaila Sahai says pitching investors usually goes like this. She is a woman, Black and a CEO, and when she walks into a meeting with investors, armed with a slide deck for her fintech startup We Take Part, she’s often greeted with bafflement. “They are surprised, and they can'

Secret sprawl, where companies store authentication credentials and similar sensitive data across multiple locations, is a real and growing problem for any company wanting to avert a security breach. Companies might have hundreds of secrets — such as API keys, passwords or database access tok

Kenyan e-health startup MyDawa has raised $20 million from private equity investor Alta Semper Capital to expand its regional reach and product offerings with the aim of becoming an all-in-one health platform for users. MyDawa, which launched in 2016, has diversified from an e-pharmacy to include o