Startups

Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala, a Colombia-based company building fintech infrastructure for lending. The company, co-founded by Manuel Alemán, Rodolfo Lazo and Pablo Cattólica in 2022, is developing a vertical SaaS

As Gen Z turns into their early-to-mid 20s, a new generation of business owners is coming online. Many of these new entrepreneurs do the vast majority of work on their phones. This is especially true in emerging markets like Latin America, where SMEs comprise 99.5% of firms in the region. In Mexico

Founded in 2015, MindX was created to address the lack of coding in Vietnamese school curriculums. The startup's goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech. Since technewss covered MindX'

When Silicon Valley Bank's collapse was first unfolding, a belated disclosure colored some of the chaos: The bank spent most of last year without a chief risk officer, and the one who left sold more than $4 million of stock in the bank before departing. The new CRO, Kim Olson, who joined in Jan

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Kobie Fuller, a partner at Upfront Ventures, had a notion that there are certain characteristics that every successful enterprise software company shares. You might think that's not something that's easily quantifiable or identifiable, maybe just something that any investor knows or senses

Investors are no longer minting nearly two unicorns per day. In fact, we’re down to barely more than one new mythical horned horse per week. Welcome to the new venture normal, where it seems stories of previously well-funded startups imploding will be more common than news of mega-rounds.

When DBeaver creator Serge Rider began building an open source database admin tool in 2013, he probably had no idea that 10 years later, it would boast more than 8 million users. The open source product proved so popular that he launched a company to support it in 2017, and began building a commerc

For the past five years, Lauren Maillian was tasked with asking hard questions. Questions like: How much venture funding goes to Black women and Latina founders? She was first chair of the board and then later CEO of the nonprofit Digitalundivided, where she oversaw the organization’s biennia

Clear Street, which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding round at a $2 billion valuation. Growth equity firm Prysm Capital led the financing, which brings the round total to $435 million. New

Legit Group, a cloud kitchen brand operator based in Jakarta, has its eyes on the rest of Indonesia after raising a $13.7 million Series A. The round was led by MDI Ventures, the venture capital arm of PT Telcom Indonesia Tbk, the largest telecom conglomerate in Indonesia. It included participation

Officebanao, an Indian startup offering a workspace interiors platform to businesses in the country, has raised $6 million in seed funding led by Lightspeed. In India’s competitive workspace interior market, traditional providers have long dominated the landscape, often requiring substantial

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Three years after stepping down as GoFundMe's chairman and CEO, Rob Solomon is returning to the industry he calls his “first love,” digital commerce, as co-founder and CEO of Kite, a commerce company focused on investing in, acquiring and operating high-potential, digital-first cons