Runway’s Gen-2 shows the limitations of today’s text-to-video tech

In a recent panel interview with Collider, Joe Russo, the director of tentpole Marvel films like “Avengers: Endgame,” predicted that within two years, AI will be able to create a fully fledged movie. I’d say that’s a rather optimistic timeline. But we’re getting closer

Cultured meat startup Higher Steaks nabs $30M and rebrands as Uncommon

U.K.-based cultivated meat startup Higher Steaks has raised $30 million in a Series A round of funding and revealed that it’s changing its name to Uncommon. Founded out of Cambridge in 2017, Uncommon is one of countless companies pushing to make cultured “lab-grown” meat a reality

How well are SaaS, e-commerce, fintech and health tech startups doing in 2023?

The startup ecosystem has gone through some substantial changes over the last few months, and founders need to understand current conditions to properly plan for the future. I serve the accounting and financial planning needs of more than 750 startups, which provides me with a unique position to he

Investors take note: Wildfire smoke will spark a surge in East Coast climate tech startups

As smoke from Canadian wildfires has enveloped large swathes of the East Coast, millions of people have found themselves trapped inside, gazing out on orange skies and hazy cityscapes. The air quality index — which is usually ignored — has suddenly become an object of fascination and source of

How one software company is beating the SaaS growth blues

The go-go days of software companies growing like crazy are now firmly behind us. Data indicates that public software companies have added fewer sources of annual recurring revenue (ARR) in the first quarter of 2023 than they did a year earlier. In fact, that metric declined even more compared to t

Cloudflare co-founders will talk growth, changing markets and more on Disrupt's SaaS Stage

Co-founders Matthew Prince and Michelle Zatlyn launched Cloudflare to the world during the Startup Battlefield competition at technewss Disrupt back in 2010. Fast-forward 13 years, and the startup has grown to become a leading internet infrastructure and security company. Operating one of the larg

Green Coffee Co. percolates on $25M to expand in Colombia, launch alcoholic beverages

The Green Coffee Company, which touts itself as “Colombia's largest coffee producer,” closed on $25 million in Series C equity funding. Coffee is big business, with the global market valued at an estimated $493 billion. In addition to legacy producers you see in the coffee aisle, smaller op

Insify raises another $10.7 million for its business insurance startup

Amsterdam-based insurtech startup Insify has completed its Series A funding round with another €10 million ($10.7 million at today's exchange rate). Overall, the startup has raised €25 million as part of its Series A round ($26.7 million). Munich Re Ventures, the venture capital division of

Julie Wainwright is back with a new, venture-backed startup

Julie Wainwright, founder and former CEO of the publicly traded, luxury online consignment company The RealReal, is back with a new startup. Called Ahara, the Los Angeles-based outfit describes itself as a personalized nutrition company that provides recommendations to its customers after they firs

What are Series A VCs looking for? Many seed investors aren’t so sure anymore

Long gone are the days where a startup could raise a Series A round based on vibes and the networks of its seed investors. But today’s Series A funding environment isn’t just a return to pre-2021 trends and metrics. Series A investors are still taking longer to do due diligence, are mor

Five fundamentals for creating an effective OKR process

Running a business is a lot like piloting a ship; above all, you need to know where you're going and how you're getting there. What's more, you need a crew that knows how to back you up when you need it most. Objectives and key results, or OKRs for short, are a time-tested methodology f

Why the economics of equality is key to Atlanta’s future

technewss sat down with investor and entrepreneur Rodney Sampson as part of a fireside chat for our technewss Atlanta Live program. The topic at hand was his work with the Atlanta-based ecosystem OHUB, which was started by him and his wife in 2013 and seeks to engage the next gen

Atlanta Mayor Andre Dickens explains why tech companies are moving to the city

Atlanta mayor Andre Dickens sat down with technewss to help open our first technewss Live event dedicated to the city and spoke with us about the rapidly growing tech landscape. Atlanta is home to many buzzy industries, including fintech and SaaS, and is also the abode for many i

Ask Sophie: Why is there no movement in the June Visa Bulletin for India EB-3?

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